No Interest on Capital. Interest earned on Company funds shall inure solely to the benefit of the Company, and no interest shall be paid upon any Capital Contributions nor upon any undistributed or reinvested income or profits of the Company.
Appears in 33 contracts
Samples: Limited Liability Company Agreement (Bluerock Residential Growth REIT, Inc.), Limited Liability Company Agreement (Trinity Place Holdings Inc.), Limited Liability Company Agreement (Bluerock Residential Growth REIT, Inc.)
No Interest on Capital. Interest earned on Company funds shall inure solely to the benefit of the Company, and no interest shall be paid upon any Capital Contributions (except as contemplated by the terms of Section 5.2(b)(1)) nor upon any undistributed or reinvested income or profits of the Company.
Appears in 2 contracts
Samples: Limited Liability Company Agreement (Bluerock Residential Growth REIT, Inc.), Limited Liability Company Agreement (Bluerock Residential Growth REIT, Inc.)
No Interest on Capital. Interest earned on Company funds shall inure solely to the benefit of the Company. Except as otherwise provided herein, and no Member shall have the right to receive any return or interest shall be paid upon on any portion of its Capital Contributions nor upon any undistributed or reinvested income or profits of the CompanyContribution.
Appears in 2 contracts
Samples: Limited Liability Company Agreement (Higher Education Funding I), Limited Liability Company Agreement (Higher Education Funding I)
No Interest on Capital. Interest earned on Company funds shall inure solely to the benefit of the Company, and except as specifically provided hereinabove, no interest shall be paid upon any Capital Contributions contributions or advances to the capital of the Company nor upon any undistributed or reinvested income or profits of the Company.
Appears in 1 contract
Samples: Contribution and Formation Agreement (Cousins Properties Inc)
No Interest on Capital. Interest earned on Company funds shall inure solely to the benefit of the Company, and no interest shall be paid upon any Capital Contributions contributions or advances to the capital of the Company nor upon any undistributed or reinvested income or profits of the Company.
Appears in 1 contract
Samples: Limited Liability Company Agreement (CNL Hospitality Properties Inc)
No Interest on Capital. Interest earned on Company funds shall inure solely to the benefit of the Company, and no . No interest shall be paid upon any Capital Contributions nor upon any undistributed or reinvested income or profits of the Company.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Bluerock Residential Growth REIT, Inc.)
No Interest on Capital. Interest earned on Company funds shall inure solely to the benefit of the CompanyLimited, and no interest shall be paid upon any Capital Contributions contributions to the capital of Limited nor upon any undistributed or reinvested income or profits of the CompanyLimited.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Weatherford International Inc /New/)
No Interest on Capital. Interest earned on Company funds shall inure solely to the benefit of the Company, and except as specifically provided herein above, no interest shall be paid upon any Capital Contributions contributions or advances to the capital of the Company nor upon any undistributed or reinvested income or profits of the Company.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Chelsea Gca Realty Inc)
