Limitation on Withdrawal of Capital. Except as expressly provided in this Agreement, (a) no Member shall have the right to withdraw or receive any return on its contributions to Company capital prior to termination of the Company pursuant to Article VIII hereof and (b) no Member shall have any right to demand or receive property other than cash in return for its contributions.
Appears in 42 contracts
Samples: Limited Liability Company Agreement (Diamond Resorts Parent, LLC), Limited Liability Company Agreement (Diamond Resorts Parent, LLC), Limited Liability Company Agreement (Diamond Resorts Parent, LLC)
Limitation on Withdrawal of Capital. Except as expressly provided in this Agreement, (a) no the Member shall not have the right to withdraw or receive any return on its contributions the Member’s Capital Contribution, or any claim to any Company capital capital, prior to the termination of the Company pursuant to Article VIII hereof and (b) no Member shall have any right to demand or receive property other than cash in return for its contributionsVIII.
Appears in 1 contract
Samples: Limited Liability Company Operating Agreement (Vector Research LLC)
