Common use of Interest on Contributions Clause in Contracts

Interest on Contributions. No interest shall be paid by the Company on any Capital Contribution made by any Member to the Company.

Appears in 6 contracts

Samples: Limited Liability Company Operating Agreement, Limited Liability Company Operating Agreement (Carey Watermark Investors Inc), Limited Liability Company Operating Agreement (Carey Watermark Investors Inc)

AutoNDA by SimpleDocs

Interest on Contributions. No interest shall be paid by the Company on any Capital Contribution capital contribution made by any Member to the Company.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Carey Watermark Investors 2 Inc), Limited Liability Company Agreement (Carey Watermark Investors 2 Inc)

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