Common use of No Control of Company Clause in Contracts

No Control of Company. Except as otherwise provided herein, no Member shall have the right or power to: (a) withdraw its contribution to the capital of the Company or reduce its Commitment; (b) to the maximum extent permitted by law, cause the dissolution and winding up of the Company or (c) demand property in return for its capital contributions. No Member, in its capacity as such, shall take any part in the control of the affairs of the Company, undertake any transactions on behalf of the Company, or have any power to sign for or otherwise to bind the Company.

Appears in 15 contracts

Samples: Limited Liability Company Agreement (Phillip Street Middle Market Lending Fund LLC), Limited Liability Company Agreement (TCW Direct Lending VIII LLC), Limited Liability Company Agreement (Goldman Sachs Private Middle Market Credit II LLC)

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No Control of Company. Except as otherwise provided herein, no Member shall have the right or power to: (a) withdraw its contribution contributions to the capital of the Company or reduce its Commitment; (b) to the maximum extent permitted by law, cause the dissolution and winding up of the Company or (c) demand property in return for its capital contributions. No Member, in its capacity as such, shall take any part in the control of the affairs of the Company, undertake any transactions on behalf of the Company, or have any power to sign for or otherwise to bind the Company.

Appears in 9 contracts

Samples: Limited Liability Company Agreement (Goldman Sachs Private Markets Fund 2018 (B) LLC), Limited Liability Company Agreement (Goldman Sachs Private Markets Fund 2018 (A) LLC), Limited Liability Company Agreement (Goldman Sachs Private Markets Fund 2018 LLC)

No Control of Company. Except as otherwise provided herein, no Member shall have the right or power to: to (a) withdraw its contribution to the capital of the Company or reduce its Commitment; (b) to the maximum extent permitted by law, cause the dissolution and winding up of the Company Company; or (c) demand property in return for its capital contributions. No Member, in its capacity as such, shall take any part in the control of the affairs of the Company, undertake any transactions on behalf of the Company, or have any power to sign for or otherwise to bind the Company.

Appears in 4 contracts

Samples: Limited Liability Company Agreement (West Bay BDC LLC), Limited Liability Company Agreement (West Bay BDC LLC), Limited Liability Company Agreement (West Bay BDC LLC)

No Control of Company. Except as otherwise provided herein, no Member shall have the right or power to: (ai) withdraw its contribution Capital Contribution to the capital of the Company or reduce its CommitmentCompany; (bii) to the maximum extent permitted by law, cause the dissolution and winding up of the Company or (ciii) demand property in return for its capital contributions. No Member, in its capacity as such, shall take any part in the control of the affairs of the Company, undertake any transactions on behalf of the Company, or have any power to sign for or otherwise to bind the Company.

Appears in 3 contracts

Samples: Limited Liability Company Agreement (LGAM Private Credit LLC), Limited Liability Company Agreement (North Haven Private Income Fund a LLC), Liability Company Agreement (North Haven Private Income Fund LLC)

No Control of Company. Except as otherwise provided herein, no Member shall have the right or power to: (a) withdraw its contribution to the capital of the Company or reduce its Commitment; (b) to the maximum extent permitted by lawlaw and other than as set out in Section 8.2, cause the dissolution and winding up of the Company or (c) demand property in return for its capital contributions. No Member, in its capacity as such, shall take any part in the control of the affairs of the Company, undertake any transactions on behalf of the Company, or have any power to sign for or otherwise to bind the Company.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (TCW Spirit Direct Lending LLC), Limited Liability Company Agreement (TCW Star Direct Lending LLC)

No Control of Company. Except as otherwise provided herein, no Member shall have the right or power to: (a) withdraw its contribution to the capital of the Company or reduce its Capital Commitment; , (b) to the maximum extent permitted by law, cause the dissolution and winding up of the Company Company, or (c) demand property in return for its capital contributions. No Member, in its capacity as such, shall take any part in the control of the affairs of the Company, undertake any transactions on behalf of the Company, or have any power to sign for or otherwise to bind the Company.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Oaktree Gardens OLP, LLC)

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No Control of Company. Except as otherwise provided herein, no Member shall have the right or power to: (a) withdraw its contribution to the capital of the Company or reduce its CommitmentCommitment with respect to any class of Interests; (b) to the maximum extent permitted by law, cause the dissolution and winding up of the Company or (c) demand property in return for its capital contributions. No Except as otherwise provided herein, no Member, in its capacity as such, shall take any part in the control of the affairs of the Company, undertake any transactions on behalf of the Company, or have any power to sign for or otherwise to bind the Company.

Appears in 1 contract

Samples: Limited Liability Company Agreement (TCW Direct Lending LLC)

No Control of Company. Except as otherwise provided herein, no Member shall have the right or power to: (ai) withdraw its capital contribution to the capital of the Company or reduce its Commitment; (bii) to the maximum extent permitted by law, cause the dissolution and winding up of the Company or (ciii) demand property in return for its capital contributions. No Member, in its capacity as such, shall take any part in the control of the affairs of the Company, undertake any transactions on behalf of the Company, or have any power to sign for or otherwise to bind the Company.

Appears in 1 contract

Samples: Limited Liability Company Agreement (T Series Middle Market Loan Fund LLC)

No Control of Company. Except as otherwise provided herein, no Member shall have the right or power to: (ai) withdraw its contribution Capital Contribution to the capital of the Company or reduce its CommitmentCompany; (bii) to the maximum extent permitted by law, cause the dissolution and winding up of the Company Company; or (ciii) demand property in return for its capital contributionsCapital Contributions. No Member, in its capacity as such, shall take any part in the control of the affairs of the Company, undertake any transactions on behalf of the Company, or have any power to sign for or otherwise to bind the Company.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Andalusian Credit Company, LLC)

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