Common use of Interest on Capital Clause in Contracts

Interest on Capital. No Member shall be entitled to interest on such Member’s Capital Contribution, Capital Account balance, or share of unallocated Profits.

Appears in 3 contracts

Samples: Limited Liability Company Agreement (Maxygen Inc), Limited Liability Company Agreement (Maxygen Inc), Operating Agreement (Liveworld Inc)

AutoNDA by SimpleDocs

Interest on Capital. No Member shall be entitled to interest on such Member’s Capital Contribution, Capital Account balance, balance or share of unallocated Profits.

Appears in 1 contract

Samples: Operating Agreement (Propell Technologies Group, Inc.)

Interest on Capital. No Member shall be entitled to interest on such Member’s 's Capital Contribution, Contribution or Capital Account balance, or share of unallocated Profits.

Appears in 1 contract

Samples: Limited Liability Operating Agreement (Catalytica Inc)

Interest on Capital. No Member shall be entitled to interest on any of such Member’s Series Capital ContributionContributions, Series Capital Account balancebalances, or share of unallocated ProfitsProfits with respect to any Investment Series.

Appears in 1 contract

Samples: Operating Agreement

AutoNDA by SimpleDocs

Interest on Capital. No Member shall be entitled to interest on such Member’s Capital Interest Contribution, Capital Account balance, or share of unallocated Net Profits.

Appears in 1 contract

Samples: Limited Liability Company Agreement (BOSTON OMAHA Corp)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!