Common use of Additional Provisions on Capital and Obligations of Members Clause in Contracts

Additional Provisions on Capital and Obligations of Members. (1) No Member gives up any of its rights to be repaid its Capital Contributions in favor of any other Member. (2) No Member shall be paid interest on its Capital Account. (3) No Member shall have the right to demand and receive property other than cash in return of its Capital Contributions. (4) No Member shall have the right to demand and receive property of the Company in return of its Capital Contributions until the termination of the Company. (5) The liability of any Member for the losses, debts, liabilities and obligations of the Company shall be limited to paying such Members Capital Contributions when due under the Agreement, its share of any undistributed assets of the Company, and (only to the extent required by the Act) any amounts previously distributed to it from the Company.

Additional Provisions on Capital and Obligations of Members. (1) No Member gives up any of its rights to be repaid its Capital Contributions in favor of any other Member. (2) No Member shall be paid interest on its Capital Account. (3) No Member shall have the right to demand and receive property other than cash in return of its Capital Contributions.. LLC Agreement of Xxxxx Xxx, LLC - 9 (4) No Member shall have the right to demand and receive property of the Company in return of its Capital Contributions until the termination of the Company. (5) The liability of any Member for the losses, debts, liabilities and obligations of the Company shall be limited to paying such Members Member . s Capital Contributions when due under the Agreement, its share of any undistributed assets of the Company, and (only to the extent required by the Act) any amounts previously distributed to it from the Company.

Additional Provisions on Capital and Obligations of Members. (1) No Member gives up any of its rights to be repaid its Capital Contributions in favor of any other Member. (2) No Member shall be paid interest on its Capital Account. (3) No Member shall have the right to demand and receive property other than cash in return of its Capital Contributions. (4) No Member shall have the right to demand and receive property of the Company in return of its Capital Contributions until the termination of the Company. (5) The liability of any Member for the losses, debts, liabilities and obligations of the Company shall be limited to paying such Members Member's Capital Contributions when due under the Agreement, its share of any undistributed assets of the Company, and (only to the extent required by the Act) any amounts previously distributed to it from the Company.

Additional Provisions on Capital and Obligations of Members. (1) No Member gives up any of its rights to be repaid his or its Capital Contributions in favor of any other Member. (2) No Member shall be paid interest on its Capital Account. (3) No Member shall have the right to demand and receive property other than cash in return of its Capital Contributions. (4) No Member shall have the right to demand and receive property of the Company in return of its Capital Contributions until the termination of the Company. (5) The liability of any Member for the losses, debts, liabilities and obligations of the Company shall be limited to paying such Members Capital Contributions its capital contributions when due under the Agreement, its share of any undistributed assets of the Company, and (only to the extent required by the Act) any amounts previously distributed to it from the Company.