Negative Balances; Withdrawal of Capital; Interest. Neither of the Members shall have any obligation to the Company or to the other Member to restore any negative balance in its Capital Account. Neither Member may withdraw capital or receive any distributions from the Company except as specifically provided herein. No interest shall be paid by the Company on any capital contributions.
Appears in 6 contracts
Samples: Limited Liability Company Agreement (Ashland Inc), Limited Liability Company Agreement (Marathon Oil Corp), Limited Liability Company Agreement (Marathon Oil Corp)
Negative Balances; Withdrawal of Capital; Interest. Neither of the Members shall have any obligation to the Company or to the other Member to restore any negative neg-ative balance in its Capital Account. Neither Member may withdraw capital or receive any distributions from the Company except as specifically provided herein. No interest shall be paid by the Company on any capital contributions.
Appears in 1 contract
Negative Balances; Withdrawal of Capital; Interest. Neither of the Members No Member shall have any obligation to the Company or to the any other Member to restore any negative balance in its Capital Account. Neither No Member may withdraw capital or receive any distributions from the Company except as specifically provided herein. No interest shall be paid by the Company on any capital contributionscontributions or Capital Accounts.
Appears in 1 contract
Samples: Limited Liability Company Agreement (NanoDynamics, Inc.)
