General Rules Relating to Capital of the Company. A. No Member shall be personally liable for the return of the capital contributions of the Members, or any portion thereof, it being expressly understood that any such return of contributions shall be made solely from the Company assets. B. No Member shall have the right to withdraw or receive a return of all or any part of that Member’s capital contributions, or to demand or (except pursuant to Article III) receive property of the Company or any distribution in return for that Member’s capital contributions.
Appears in 6 contracts
Samples: Limited Liability Company Agreement (T-Mobile Puerto Rico Holdings LLC), Limited Liability Company Agreement (Suncom Wireless Property Co, L.L.C.), Limited Liability Company Agreement (Suncom Wireless Property Co, L.L.C.)
General Rules Relating to Capital of the Company. A. (a) No Member shall be personally liable for the return of the capital contributions of the Members, or any portion thereof, it being expressly understood that any such return of contributions shall be made solely from the Company assets.
B. (b) No Member shall have the right to withdraw or receive a return of all or any part of that Member’s capital contributions, or to demand or (except pursuant to Article III) receive property (other than cash) of the Company or any distribution in return for that Member’s capital contributions.
Appears in 5 contracts
Samples: Company Agreement (Green Brick Partners, Inc.), Limited Liability Company Operating Agreement (BioFuel Energy Corp.), Company Agreement (BioFuel Energy Corp.)
General Rules Relating to Capital of the Company. A. No Member shall be personally liable for the return of the capital contributions of the Members, or any portion thereof, it being expressly understood that any such return of contributions shall be made solely from the Company assets.
B. No Except as expressly provided herein, no Member shall have the right to withdraw or receive a return of all or any part of that such Member’s 's capital contributions, or . No Member shall have any right to demand or (except pursuant to Article III) receive property of the Company or any distribution (other than cash) in return for that Member’s of capital contributions.
Appears in 4 contracts
Samples: Operating Agreement (DCH Technology Inc), Limited Liability Company Agreement (Creditrust Corp), Limited Liability Company Agreement (Creditrust Corp)
General Rules Relating to Capital of the Company. A. No Member shall be personally liable for the return of the capital contributions of the Members, or any portion thereof, it being expressly understood that any such return of contributions shall be made solely from the Company assets.
B. No Member shall have the right to withdraw or receive a return of all or any part of that Member’s capital contributions, or to demand or (except pursuant to Article III) receive property (other than cash) of the Company or any distribution in return for that Member’s capital contributions.
Appears in 1 contract
Samples: Operating Agreement (Ist, Corp)
