Common use of Capital Withdrawal Clause in Contracts

Capital Withdrawal. No member shall have the right to withdraw any amount from its capital account or receive a distribution of property or cash unless approved by the Managers.

Appears in 2 contracts

Samples: Operating Agreement (Davidson M H & Co Inc/), Operating Agreement (Stonehill Institutional Partners Lp)

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Capital Withdrawal. No member shall have the right to withdraw any amount from its capital account or receive a distribution of property or cash unless approved by the ManagersManaging Member.

Appears in 1 contract

Samples: Operating Agreement (Merit Partners LLC)

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Capital Withdrawal. No member shall have the right to ------------------- withdraw any amount from its capital account or receive a distribution of property or cash unless approved by the Managers.

Appears in 1 contract

Samples: Operating Agreement (Angelo Gordon & Co Lp)

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