Common use of No Interest and No Return Clause in Contracts

No Interest and No Return. Except as provided in this Agreement or by Law, no Partner shall have any right to demand or receive the return of its Capital Contribution to the Partnership. Except as provided in this Article III, no Partner shall be entitled to interest on any Capital Contribution to the Partnership or on the Partner’s Capital Account.

Appears in 4 contracts

Samples: Exempted Limited Partnership Agreement (SiriusPoint LTD), Exempted Limited Partnership Agreement (Third Point Reinsurance Ltd.), Exempted Limited Partnership Agreement (Third Point Reinsurance Ltd.)

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No Interest and No Return. Except as specifically provided in this Agreement or by Lawlaw, no Partner shall have any right to demand or receive the return of any portion of its Capital Contribution to from the Partnership. Except as provided in this Article III, no Partner Partners shall not be entitled to interest on any their Capital Contribution Contributions made to the Partnership or on the Partner’s Capital AccountPartnership.

Appears in 1 contract

Samples: Limited Partnership Agreement

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