Common use of No Interest on Contributions Clause in Contracts

No Interest on Contributions. No interest shall be paid to any Member on Capital Contributions.

Appears in 5 contracts

Samples: Operating Agreement (Melt Inc), Operating and Member Control Agreement (Online System Services Inc), Limited Liability Company Agreement (Somerset Power LLC)

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No Interest on Contributions. No Member shall receive any interest shall be paid to any Member on its Capital Contributions.

Appears in 2 contracts

Samples: Operating Agreement (Guitammer Co), Securities Purchase Agreement (Glimcher Realty Trust)

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