No Interest on Initial Capital Contributions or Retained Profits Sample Clauses

No Interest on Initial Capital Contributions or Retained Profits. The Members shall not be entitled to interest on their respective Capital Contributions, and on any Profits retained by the Company.
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Related to No Interest on Initial Capital Contributions or Retained Profits

  • No Interest on Capital Contributions Members are not entitled to interest or other compensation for or on account of their capital contributions to the Company except to the extent, if any, expressly provided in this Agreement.

  • No Interest on Contributions No Partner shall be entitled to interest on its Capital Contribution.

  • Interest on Capital Contributions No Member shall be entitled to any interest on its capital contribution.

  • Interest on and Return of Capital Contributions No Member shall be entitled to interest on its Capital Contribution or to return of its Capital Contribution, except as otherwise specifically provided for herein.

  • No Additional Capital Contributions Except as otherwise provided in this Article V, no Partner shall be required to make additional Capital Contributions to the Partnership without the consent of such Partner or permitted to make additional capital contributions to the Partnership without the consent of the General Partner.

  • Additional Capital Contributions No Member shall be required to make additional capital contributions. A Member may make additional capital contributions to the Company.

  • Capital Contributions Capital Accounts The capital contribution of the Sole Member is set forth on Annex A attached hereto. Except as required by applicable law, the Sole Member shall not at any time be required to make additional contributions of capital to the Company. The capital accounts of the members shall be adjusted for distributions and allocations made in accordance with Section 8.

  • Initial Capital Contributions The Partners have made, on or prior to the date hereof, Capital Contributions and have acquired the number of Class A Units as specified in the books and records of the Partnership.

  • No Interest on Capital No Partner shall be entitled to interest on its Capital Contributions or its Capital Account.

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