Form of Return of Capital. If an Interest Holder is entitled to receive a return of a Capital Contribution, the Interest Holder shall not have the right to receive anything but Cash in return of the Interest Holder’s Capital Contribution.
Form of Return of Capital. If an Economic Interest Holder is entitled to receive a return of a Capital Contribution, the Company may distribute cash, notes, property, or a combination thereof to the Economic Interest Holder in return of the Capital Contribution.
Form of Return of Capital. If a Member is entitled to receive a return of a Capital Contribution, the Member shall not have the right to receive any form of consideration other than cash in return of the Member’s Capital Contribution.
Form of Return of Capital. If a Member is entitled to receive a return of a Capital Contribution, the Company shall distribute cash to the Member in return of same.
Form of Return of Capital. If a Partner is entitled to receive a return of a Capital Contribution, the Partner shall not have the right to receive any form of consideration other than cash in return of the Partner’s Capital Contribution.
Form of Return of Capital. Under circumstances requiring a return of any Capital Contributions, no Interest Holder shall have the right to receive property other than cash except as may be specifically provided herein.
Form of Return of Capital. If a Member or an Interest Holder is entitled to receive the return of a Contribution, the Company may distribute in lieu of money, notes or other property having a value equal to the amount of money distributable to such Person.
Form of Return of Capital. Except as otherwise provided in this Agreement, there is no agreement for, nor time set for, return of any capital contribution. To the extent consistent with applicable law, and unless otherwise required by the terms of this Agreement, the Company may return said capital out of operating revenue or out of proceeds of sale or refinancing of the Vessel, after reserving sufficient funds for payment of debts, working capital and contingencies.
Form of Return of Capital. If a Member or an Interest Holder is entitled to receive the return of a Capital Contribution upon dissolution of the Company, the Company may distribute to all Members alike in lieu of money, fractional interests in any carried back purchase money note or other property, held by the Company having a value equal to the amount of money otherwise distributable to such Persons.
