No Interest Payable. No Member shall receive any interest on any of its Capital Contributions except for such Member’s Operating Return.
Appears in 13 contracts
Samples: Limited Liability Company Agreement, Limited Liability Company Agreement (CNL Growth Properties, Inc.), Limited Liability Company Agreement (CNL Growth Properties, Inc.)
No Interest Payable. No Member shall receive any interest on any of its Capital Contributions except for such Member’s Operating Return. The Operating Return shall not be deemed interest.
Appears in 2 contracts
Samples: Limited Liability Company Agreement (CNL Growth Properties, Inc.), Liability Company Agreement (CNL Growth Properties, Inc.)
No Interest Payable. No Member shall receive any interest on any of its Capital Contributions except for such Member’s Contributions. The Operating ReturnReturn shall not be deemed interest.
Appears in 1 contract
Samples: Limited Liability Company Agreement (CNL Growth Properties, Inc.)
