Common use of No Interest on Capital Clause in Contracts

No Interest on Capital. Except as expressly provided in this Agreement, no Member shall be entitled to receive interest on its Capital Account or any contribution to Company capital.

Appears in 2 contracts

Samples: Operating Agreement, Operating Agreement (KBS Real Estate Investment Trust, Inc.)

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No Interest on Capital. Except as expressly provided in this Agreement, no Member shall be entitled to receive any interest on its or in respect of any amount allocated to such Member’s Capital Account or on or in respect of any contribution to Company capitaldistribution or withdrawal therefrom or thereof permitted under this Agreement.

Appears in 2 contracts

Samples: Limited Liability Company Operating Agreement, Limited Liability Company (BFI Co., LLC)

No Interest on Capital. Except as expressly provided in this Agreement, no Member shall be entitled to receive any interest on its or in respect of any amount allocated to such Member's Capital Account or on or in respect of any contribution to Company capitaldistribution or withdrawal therefrom or thereof permitted under this Agreement.

Appears in 2 contracts

Samples: Stockholders Agreement (Philipp Brothers Chemicals Inc), Limited Liability Company Agreement (Western Magnesium Corp)

No Interest on Capital. Except No Member shall receive any interest or draw with respect to its Capital Contributions or its Capital Account, except as expressly otherwise provided in this Agreement, no Member shall be entitled to receive interest on its Capital Account or any contribution to Company capital.

Appears in 1 contract

Samples: Company Agreement (Calair LLC)

No Interest on Capital. Except as expressly provided in this Agreement, no Member shall be entitled to receive interest on its Capital Account or any contribution to Company capitalCapital.

Appears in 1 contract

Samples: Operating Agreement (KBS Real Estate Investment Trust, Inc.)

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No Interest on Capital. Except as expressly may otherwise be specifically provided in this Agreement, no Member shall be entitled to receive any interest on its such Member’s Capital Account or any contribution Contribution to Company capitalthe Company.

Appears in 1 contract

Samples: Operating Agreement (New Gaming Capital Partnership)

No Interest on Capital. Except No Member shall be entitled to any interest on any capital contributed by it or its predecessor in interest or upon any undistributed profits left on deposit with the Company, except as expressly provided in this Agreement, no Member shall be entitled to receive interest on its Capital Account or any contribution to Company capital.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Chelsea Gca Realty Inc)

No Interest on Capital. Except as expressly provided in this Agreement, no Member Stockholder shall be entitled to receive interest on its Capital Account or any contribution to Company capitalCapital Contribution.

Appears in 1 contract

Samples: General Partner Agreement

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