Common use of Limitation of Rights of Members Clause in Contracts

Limitation of Rights of Members. No Member will have the right or power to: (a) withdraw or reduce its Capital Contribution, except as a result of the dissolution of the Company or as otherwise provided in this Agreement or by law; (b) bring an action for partition against the Company; or (c) demand or receive property in any distribution other than cash. Except as otherwise provided in this Agreement, no Member will have priority over any other Member either as to the return of Capital Contributions or as to allocations of the Net Income, Net Loss or Distributions of the Company.

Limitation of Rights of Members. No Except as otherwise provided in this Agreement, no Member will shall have the right or power to: (ai) withdraw or reduce its Capital Contribution, except as a result of the dissolution of the Company or as otherwise provided in this Agreement or by law; (bii) bring an action for partition against the Company; or (ciii) demand or receive property in any distribution other than cash. Except as otherwise provided in this Agreement, no Member will shall have priority over any other Member either as to the return of Capital Contributions or as to allocations of the Net Income, income. Net Loss Losses or Distributions Contributions of the Company.

Limitation of Rights of Members. No Member will shall have the right or power to: (ai) withdraw or reduce its Capital Contribution, except as a result of the dissolution of the Company or as otherwise provided in this Agreement or by law; (bii) bring an action for partition against the Company; or (ciii) demand or receive property in any distribution Distribution other than cash. Except as otherwise provided in this Agreement, no Member will shall have priority over any other Member either as to the return of Capital Contributions or as to allocations of the Net Income, Net Loss or Distributions of the Company.