Interest on and Return of Capital Sample Clauses

Interest on and Return of Capital. (a) No Partner shall be entitled to any interest on its Capital Account or on its Capital Contributions to the Partnership. (b) Except as expressly provided for in this Agreement, no Partner shall have the right to demand or to receive the return of all or any part of its Capital Contributions to the Partnership and there shall be no priority of one Partner over another Partner as to the return of Capital Contributions or withdrawals or distributions of Profits and Losses. No Partner shall have the right to demand or receive property other than cash in return for the contributions of such Partner to the Partnership.
AutoNDA by SimpleDocs
Interest on and Return of Capital. No Member shall be entitled to any interest on such Member’s Capital Contributions or on such Member’s contributions to the capital of the Company, and except as otherwise provided in Articles 8 and 20 hereof, no Member shall have the right to demand or to receive the return of all or any part of such Member’s Capital Account or of such Member’s contributions to the capital of the Company. The Members’ Capital Contributions may be held in interest-bearing accounts and all interest earned on the Capital Contributions shall be held for the benefit of the Company.
Interest on and Return of Capital. The Members will not be entitled to any interest on their capital contributions to the capital of the Company. Except as expressly provided in this Company Agreement, the Members will not have the right to demand or receive the return of all or any part of their capital or to receive property other than cash from the Company.
Interest on and Return of Capital. Except as specifically provided herein, no interest shall be paid on any capital contribution to the Partnership or capital account of a Partner. No Partner shall be liable for the return of the capital contributions or the capital account (or any portion thereof) of any other Partner, it being expressly understood and agreed that such return shall be made solely from the assets of the Partnership. No Partner shall be entitled to demand and receive property other than cash in return for its capital contributions to the Partnership, its capital account or its Partnership Interest.
Interest on and Return of Capital. Except as specifically provided herein, no Member shall be permitted to receive any interest with respect to any Capital Contribution or any Capital Account or any return of any Capital Contribution.
Interest on and Return of Capital. No Member shall be entitled to any interest on its contributions to the capital of the Company and no Member shall have the right to demand or receive the return of all or any part of its contribution to the capital of the Company, it being understood and agreed that the return of each Member's contribution to the capital of the Company shall be made solely from the assets of the Company and that the Members shall not be individually liable or responsible for the return of all or any part of such contributions. No Member shall have the right to any property other than cash in return for its contributions to the capital of the Company but, by subsequent agreement of the Members, such right may be established.
Interest on and Return of Capital. No Limited Partner shall have the right to withdraw from the Partnership or to demand a return of all or any part of his Capital Contribution during the term of the Partnership. No interest shall be paid on Capital Contributions.
AutoNDA by SimpleDocs
Interest on and Return of Capital. No Partner shall be entitled to any interest on its Capital Account. Except as otherwise provided in Sections 10.1, 20.3 and 20.4 hereof, no Partner shall have the right to demand a return of all or any part of its initial or subsequent contributions to the capital of the Partnership.
Interest on and Return of Capital. No Member shall be liable for the return of the capital contributions (or any portion thereof) of any other Member, it being expressly understood that such return, to the extent permitted by this Agreement, shall be made solely from the assets of the Company. No Member shall be entitled to withdraw any part of such Member's capital contributions or Capital Account, to receive interest on such Member's capital contributions or Capital Account, or to receive any distribution from the Company, except as expressly provided for in this Agreement. Any loan by a Member to the Company shall not be considered a contribution to the capital of the Company and shall not increase the Capital Account of the Member making the loan.
Interest on and Return of Capital. No Party shall be entitled to any interest on its capital account, and, except as otherwise provided in Articles 7 and 14 hereof, no Party shall have the right to demand or receive a return of all or any part of its capital contributions or capital account.
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!