42 lines
1.6 KiB
Markdown
42 lines
1.6 KiB
Markdown
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# Capital Contributions and Finance
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## Capital Contribution
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The Board Of Directors and Members
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shall determine if Capital Contributions are required to enable the Company
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to invest in any Investment Entity or to operate its business. No Member
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shall have any obligation to make any Capital Contribution.
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Notwithstanding the foregoing, Company members, in their sole
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and absolute discretion, may at any time elect
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to fund or not fund further Capital Contributions with respect to the
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Company or any Investment, Investment Entity, without any
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liability whatsoever to the Company or any Member, even if such failure
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to contribute results in the loss of any opportunity or the forfeiture
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of any Investment or interest in any Investment Entity, or results in
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any other penalty or liability.
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## Return of Contributions
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Except as expressly provided herein, no
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Member shall be entitled to the return of any part of its Capital
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Contributions, to be paid interest in respect of either its Capital
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Account or any Capital Contribution made by it or paid for the fair
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market value of its Membership Interest upon withdrawal or otherwise.
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Unrepaid Capital Contributions shall not be a liability of the Company,
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or of any Member.
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No Member shall be required to contribute or lend any cash or property
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to the Company to enable the Company to return any Member's Capital Contributions.
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## Member Guaranties
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No Member shall undertake to guarantee or otherwise become liable for any obligation
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of the Company, or any Investment Entity.
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## Investments
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Investments. All Investments by the Company shall be made on such
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terms and conditions as the Board Of Directors and Members may determine.
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