Common use of Member Capital Clause in Contracts

Member Capital. Except as otherwise provided in this Agreement or with the prior written consent of the Board: (a) no Member shall demand or be entitled to receive a return of, or interest, on its Capital Contributions, and (b) no Member shall withdraw any portion of its Capital Contributions or receive any distributions from the Council as a return of capital on account of such Capital Contributions.

Appears in 15 contracts

Samples: Limited Liability Company Agreement, Limited Liability Company Agreement, Limited Liability Company Agreement

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Member Capital. Except as otherwise provided in this Agreement or with the prior written consent of the Board: (a) no Member shall demand or be entitled to receive a return of, or interest, on its Capital Contributions, and (b) no Member shall withdraw any portion portion‌ of its Capital Contributions or receive any distributions from the Council as a return of capital on account of such Capital Contributions.

Appears in 4 contracts

Samples: Limited Liability Company Agreement, Limited Liability Company Agreement, Limited Liability Company Agreement

Member Capital. Except as otherwise provided in this Agreement or with the prior written consent unanimous approval of the Board: Members Committee, (a) no Member shall demand or be entitled to receive a return of, of or interest, interest on its Capital ContributionsContributions or Capital Account, and (b) no Member shall withdraw any portion of its Capital Contributions or receive any distributions from the Council Company as a return of capital on account of such Capital Contributions, and (c) the Company shall not redeem or repurchase the Membership Interest of any Member.

Appears in 3 contracts

Samples: Limited Liability Company Agreement, Limited Liability Company Agreement (Public Service Co of New Hampshire), Limited Liability Company Agreement (Nstar/Ma)

Member Capital. Except as otherwise provided in this Agreement or with the prior written consent of the BoardAgreement: (a) no Member shall demand or be entitled to receive a return of, of or interest, interest on its Capital ContributionsContributions or Capital Account, and (b) no Member shall withdraw any portion of its Capital Contributions or Capital Account or receive any distributions from the Council Company as a return of capital on account of such Capital Contributions.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (BridgeBio Pharma LLC), Joint Venture and Operating Agreement (Rentech Inc /Co/)

Member Capital. Except as otherwise provided in this Agreement or with the prior written consent of all of the BoardMembers: (a) no Member shall demand or be entitled to receive a return of, of or interest, interest on its Capital ContributionsContributions or Capital Account, and (b) no Member shall withdraw any portion of its Capital Contributions or receive any distributions from the Council Company as a return of capital on account of such Capital Contributions, and (c) the Company shall not redeem or repurchase the Interest of any Member.

Appears in 2 contracts

Samples: Vehicle Lease Agreement (Sycamore Park Convalescent Hospital), Vehicle Lease Agreement (Summit Care Corp)

Member Capital. Except as otherwise provided in this Agreement or with the prior written consent of the BoardManaging Members: (a) no Member shall demand or be entitled to receive a return of, of or interest, interest on its Capital ContributionsContributions or Capital Account, and (b) no Member shall withdraw any portion of its Capital Contributions or receive any distributions from the Council Company as a return of capital on account of such Capital Contributions, and (c) the Company shall not redeem or repurchase the Interest of any Member.

Appears in 2 contracts

Samples: Limited Liability (Diana Corp), Limited Liability Company Agreement (Streamlogic Corp)

Member Capital. Except as otherwise provided in this Agreement or with the prior written consent of the BoardManaging Member: (a) no Member shall demand or be entitled to receive a return of, of or interest, interest on its Capital ContributionsContributions or Capital Account, and (b) no Member shall withdraw any portion of its Capital Contributions or receive any distributions Distributions from the Council Company as a return of capital on account of such Capital Contributions, and (c) the Company shall not redeem or repurchase the Interest of any Member.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Nationwide Health Properties Inc), Management Agreement (Nationwide Health Properties Inc)

Member Capital. Except as otherwise provided in this Agreement or with the prior written consent of the BoardAgreement: (a) no Member shall demand or be entitled to receive a return of, of or interest, interest on its Capital Contributions, and (b) no Member shall withdraw any portion of its Capital Contributions or be entitled to receive any distributions from the Council Company as a return of capital on account of such Capital Contributions.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Enpro Industries, Inc), Securities Purchase Agreement (Enpro Industries, Inc)

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Member Capital. Except as otherwise provided in this Agreement or with the prior written consent of the BoardBoard of Managers: (a) no Member shall demand or be entitled to receive a return of, or interestinterest on, on its Capital ContributionsContributions or Capital Account, and (b) no Member shall withdraw any portion of its Capital Contributions or receive any distributions from the Council Company as a return of capital on account of such Capital Contributions.

Appears in 2 contracts

Samples: Limited Liability Company Agreement, Limited Liability Company Agreement (Coinstar Inc)

Member Capital. Except as otherwise provided in this Agreement or with the prior written consent of the BoardAgreement: (a) no Member shall demand or be entitled to receive a return of, of or interest, interest on its Capital Contributions, Contributions or Capital Account and (b) no Member shall withdraw any portion of its Capital Contributions or be entitled to receive any distributions from the Council Company as a return of capital on account of such Capital Contributions.

Appears in 1 contract

Samples: Operating Agreement (Kb Home)

Member Capital. Except as otherwise provided in this Agreement or with the prior written consent Approval of the BoardMembers: (a) no Member shall demand or be entitled to receive a return of, of or interest, interest on its Capital Contributions, Contributions or Capital Account; and (b) no Member shall withdraw any portion of its Capital Contributions or receive any distributions from the Council Company as a return of capital on account of such Capital Contributions; and (c) the Company shall not redeem or repurchase the Interest of any Member.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Tejon Ranch Co)

Member Capital. Except as otherwise provided in this Agreement or with the prior written consent of the Board: (a) no Member shall demand or be entitled to receive a return of, or interest, on its Capital Contributions, and (b) no Member shall withdraw any portion of its Capital Contributions or receive any distributions from the Council as a return of capital on account of such Capital Contributions.... Section 3.5

Appears in 1 contract

Samples: Limited Liability Company Agreement

Member Capital. Except as otherwise provided in this Agreement or with the prior written consent of the Board: (a) no Member shall demand or be entitled to receive a return of, or interest, on its Capital Contributions, and (b) no Member shall withdraw any portion of its Capital Contributions or receive any distributions from the Council as a return of capital on account of such Capital Contributions.Contributions.‌

Appears in 1 contract

Samples: Limited Liability Company Agreement

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