Common use of No Interest; No Return of Capital Clause in Contracts

No Interest; No Return of Capital. No interest shall be payable on the capital contributions, or in respect of the capital accounts, of the Members. No Member shall be permitted to make an early withdrawal of any portion of the capital contributions made by it.

Appears in 4 contracts

Samples: Limited Liability Company Agreement (Madison Square Garden Entertainment Corp.), Limited Liability Company Agreement (MSG Entertainment Spinco, Inc.), Limited Liability Company Agreement (MSG Entertainment Spinco, Inc.)

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No Interest; No Return of Capital. No interest shall be payable on the capital contributionsCapital Contributions, or in respect of the capital accountsCapital Accounts, of the Members. No Except as expressly set forth herein, no Member shall be permitted have the right to make an early withdrawal of require that any portion of the capital contributions made by its Capital Contributions or Capital Account be returned or otherwise paid over to it.

Appears in 3 contracts

Samples: Formation, Contribution and Investment Agreement (MSG Spinco, Inc.), Formation, Contribution and Investment Agreement (Madison Square Garden Co), Limited Liability Company Agreement (Cablevision Systems Corp /Ny)

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No Interest; No Return of Capital. No interest shall be payable on the capital contributionsCapital Contributions, or in respect of the capital accountsCapital Accounts, of the Members. No Except as expressly provided in this Agreement, no Member shall be permitted have the right to make an early withdrawal of require that any portion of the capital contributions made by its Capital Contributions or Capital Account be returned or otherwise paid over to it.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Seaport Entertainment Group Inc.)

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