Interest on and Return of Capital Contributions. No interest shall accrue on any capital contribution and no Member shall have the right to withdraw or be repaid any capital contribution except as otherwise provided in this Agreement. If a Member is entitled to receive a return of a capital contribution, the Company may distribute cash, notes, property, or a combination thereof to the Member in return of the capital contribution.
Appears in 6 contracts
Samples: Operating Agreement (WLH Trails at Leander LLC), Operating Agreement (WLH Trails at Leander LLC), Operating Agreement (WLH Trails at Leander LLC)
Interest on and Return of Capital Contributions. No interest shall accrue on any capital contribution and no Member shall have the right to withdraw or be repaid any capital contribution except as otherwise provided in this Agreement. If a Member is entitled to receive a return of a capital contribution, the Company may subject to the Act, in the sole discretion of the Managing Member, distribute cash, notes, property, or a combination thereof to the Member in return of the capital contribution.
Appears in 2 contracts
Samples: Merger Agreement (Sabra Health Care REIT, Inc.), Merger Agreement (Care Capital Properties, Inc.)
