Common use of NO INTEREST ON OR RETURN OF CAPITAL CONTRIBUTION Clause in Contracts

NO INTEREST ON OR RETURN OF CAPITAL CONTRIBUTION. No Member shall be entitled to interest on its Capital Contribution or capital account. Except as provided herein or by law, no Member shall have a right to demand or receive the return of its Capital Contribution.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Illinois Power Securitization Limited Liability Co), Limited Liability Company Agreement (Illinois Power Securitization Limited Liability Co)

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NO INTEREST ON OR RETURN OF CAPITAL CONTRIBUTION. No The Sole Member shall not be entitled to interest on its Capital Contribution or capital accountCapital Account. Except as provided herein or by law, no the Sole Member shall have a no right to demand or receive the return of its Capital Contribution.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Comed Funding LLC), Limited Liability Company Agreement (Comed Funding LLC)

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