Common use of No Interest or Withdrawal Clause in Contracts

No Interest or Withdrawal. No interest shall be paid by the Company on Capital Contributions or on balances in Capital Accounts. No Member shall be entitled to withdraw any part of its Capital Contribution or its Capital Account or to receive any distributions from the Company, except as expressly provided in this Agreement. A Member shall not be required to contribute any cash or property to the Company to enable the Company to return any Member’s Capital Contribution.

Appears in 4 contracts

Samples: Limited Liability Company Agreement (Encore Energy Partners LP), Limited Liability Company Agreement (Energy Transfer Partners, L.P.), Limited Liability Company Agreement (Energy Transfer Partners, L.P.)

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No Interest or Withdrawal. No interest shall be paid by the Company on Capital Contributions or on balances in Capital Accounts. No Member shall be entitled to withdraw any part of its Capital Contribution or its Capital Account or to receive any distributions from the Company, except as expressly provided in this Agreement. A Member shall not be required to contribute any cash or property to the Company to enable the Company to return any Member’s 's Capital Contribution.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Quest Resource Corp)

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No Interest or Withdrawal. No interest shall be paid by the Company on Capital Contributions or Contributions, on balances in a Member’s Capital Accountsaccount or on any other funds distributed or distributable under this Agreement. No Member shall be entitled to may withdraw or reduce any part of its Capital Contribution or its Capital Account or to receive any distributions from the Company, except as expressly provided in this Agreement. A Member shall not be required to contribute any cash or property to the Company to enable the Company to return any Member’s Capital ContributionAccount balance except as permitted herein.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Nexeo Solutions Finance Corp)

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