Initial Capital Contribution Provision in a 90/10 Real Estate Joint Venture (Base Provision) | Practical Law
An initial capital contribution provision that can be used in a limited liability company operating agreement for a real estate joint venture, formed between an operating member, which is the minority member, and an investor member, which is the majority member where the members make their initial capital contributions in cash. These Standard Clauses have integrated notes with important explanations and drafting and negotiating tips for both members.