Common use of No Personal Liability for Return of Capital Clause in Contracts

No Personal Liability for Return of Capital. The Managing Member shall not be personally liable for the return or repayment of all or any portion of Capital Contribution or profits of any Member, it being expressly agreed that any such return of Capital Contribution or profits made pursuant to this Agreement shall be made solely from the assets (which shall not include any right of contribution from the Managing Member) of the Company.

Appears in 24 contracts

Samples: Limited Liability Company Agreement (Goldman Sachs Hedge Fund Partners LLC), Limited Liability Company Agreement (Goldman Sachs Hedge Fund Partners LLC), Limited Liability Company Agreement (Goldman Sachs Hedge Fund Partners LLC)

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No Personal Liability for Return of Capital. The Managing Member Manager shall not be personally liable or responsible for the return or repayment of all or any portion of the Capital Contribution or profits of any MemberMember of any loan made by any Member to the Company, it being expressly agreed understood that any such return of Capital Contribution capital or profits made pursuant to this Agreement repayment of any loan shall be made solely from the assets (which shall not include any right of contribution from the Managing any Member) of the Company.

Appears in 9 contracts

Samples: Operating Agreement, Limited Liability Company Agreement, Limited Liability Company Agreement

No Personal Liability for Return of Capital. The Managing Member Manager shall not be personally liable or responsible for the return or repayment of all or any portion of the Capital Contribution or profits of any MemberMember or any loan made by any Member to the Company, it being expressly agreed understood that any such return of Capital Contribution capital or profits made pursuant to this Agreement repayment of any loan shall be made solely from the assets (which shall not include any right of contribution from the Managing any Member) of the Company.

Appears in 8 contracts

Samples: Limited Liability Company Agreement (Vivakor, Inc.), Limited Liability Company Agreement (Vivakor, Inc.), Limited Liability Company Agreement (Vivakor, Inc.)

No Personal Liability for Return of Capital. The Managing Member Managers shall not be personally liable or responsible for the return or repayment of all or any portion of the Capital Contribution or profits of any MemberMember or any loan made by any Member to the Company, it being expressly agreed understood that any such return of Capital Contribution capital or profits made pursuant to this Agreement repayment of any loan shall be made solely from the assets (which shall not include any right of contribution from the Managing any Member) of the Company.

Appears in 6 contracts

Samples: Limited Liability Company Agreement (Cottonwood Multifamily Opportunity Fund, Inc.), Limited Liability Company Agreement (Vivakor, Inc.), Limited Liability Company Agreement (Vivakor, Inc.)

No Personal Liability for Return of Capital. The Managing Member shall not be personally liable or responsible for the return or repayment of all or any portion of the Capital Contribution or profits of any MemberMember or any loan made to the Company, it being expressly agreed understood that any such return of Capital Contribution capital or profits made pursuant to this Agreement repayment of any loan shall be made solely from the assets (which shall not include any right of contribution from the Managing any Member) of the Company.

Appears in 6 contracts

Samples: Limited Liability Company Agreement, Limited Liability Company Agreement (Cottonwood Multifamily Opportunity Fund, Inc.), Limited Liability Company Agreement (Cottonwood Multifamily Development REIT I, Inc.)

No Personal Liability for Return of Capital. The Managing Member shall not be personally liable for the return or repayment of all or any portion of Capital Contribution the capital contribution or profits of any Member, it being expressly agreed that any such return of Capital Contribution capital contribution or profits made pursuant to this Agreement shall be made solely from the assets (which shall not include any right of contribution from the Managing Member) of the Company.

Appears in 3 contracts

Samples: Limited Liability Company Agreement (Goldman Sachs Hedge Fund Partners LLC), Limited Liability Company Agreement (Goldman Sachs Hedge Fund Partners LLC), Limited Liability Company Agreement (Goldman Sachs Hedge Fund Partners LLC)

No Personal Liability for Return of Capital. The Managing Member Manager shall not be personally liable or responsible for the return or repayment of all or any portion of the Capital Contribution or profits of any MemberMember or any loan made by any Member to the Company solely by reason of being a manager of the Company, it being expressly agreed understood that any such return of Capital Contribution capital or profits made pursuant to this Agreement repayment of any loan shall be made solely from the assets (which shall not include any right of contribution from the Managing any Member) of the Company.

Appears in 2 contracts

Samples: Operating Agreement, Operating Agreement (T Reit Inc)

No Personal Liability for Return of Capital. The Managing Member Operator shall not be personally liable for the return or repayment of all or any portion of Capital Contribution the capital or profits of any MemberUnitholder (or assignee), it being expressly agreed that any such return of Capital Contribution capital or profits made pursuant to this Agreement shall be made solely from the assets (which shall not include any right of contribution from the Managing MemberOperator) of the CompanyTrust.

Appears in 2 contracts

Samples: Declaration of Trust (Campbell Fund Trust), Declaration of Trust and Trust Agreement (Campbell Fund Trust)

No Personal Liability for Return of Capital. The Managing Member shall not be personally liable for the return or repayment of all or any portion of Capital Contribution the capital or profits of any MemberMember (or assignee), it being expressly agreed that any such return of Capital Contribution capital or profits made pursuant to this Agreement shall be made solely from the assets (which shall not include any right of contribution from the Managing Member) of the CompanyCompany or any Series.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (RICI Linked - PAM Advisors Fund, LLC), Limited Liability Company Agreement (RICI Linked - PAM Total Index Series, a Series of RICI Linked - PAM Advisors Fund, LLC)

No Personal Liability for Return of Capital. The Managing Member Manager shall not be personally liable or responsible for the return or repayment of all or any portion of the Capital Contribution or profits of any MemberMember or any loan made by any Member to the Fund, it being expressly agreed understood that any such return of Capital Contribution capital or profits made pursuant to this Agreement repayment of any loan shall be made solely from the assets (which shall not include any right of contribution from the Managing any Member) of the CompanyFund.

Appears in 2 contracts

Samples: Limited Liability Company Agreement, Operating Agreement

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No Personal Liability for Return of Capital. The Managing Member Manager shall not be personally liable or responsible for the return or repayment of all or any portion of the Capital Contribution or profits of any MemberMember or any loan made by any Member to the Company, it being expressly agreed understood that any such return of Capital Contribution capital or profits made pursuant to this Agreement repayment of any loan shall be made solely from the assets (assets, which shall not include any right of contribution from the Managing any Member) , of the Company.

Appears in 1 contract

Samples: Operating Agreement (Terra Secured Income Fund 5, LLC)

No Personal Liability for Return of Capital. The Managing Member Manager shall not be ------------------------------------------- personally liable or responsible for the return or repayment of all or any portion of the Capital Contribution or profits of any MemberMember or any loan made by any Member to the Company, it being expressly agreed understood that any such return of Capital Contribution capital or profits made pursuant to this Agreement repayment of any loan shall be made solely from the assets (which shall not include any right of contribution from the Managing any Member) of the Company.

Appears in 1 contract

Samples: Operating Agreement (T Reit Inc)

No Personal Liability for Return of Capital. The Managing Member Manager shall not be personally liable or responsible for the return or repayment of all or any portion of the Capital Contribution or profits of any MemberMember or any loan made by any Member to the Company solely by reason of being the Manager of the Company, it being expressly agreed understood that any such return of Capital Contribution capital or profits made pursuant to this Agreement repayment of any loan shall be made solely from the assets (which shall not include any right of contribution from the Managing any Member) of the Company.

Appears in 1 contract

Samples: Operating Agreement (NNN 2003 Value Fund LLC)

No Personal Liability for Return of Capital. The Managing Member Operator shall not be personally liable for the return or repayment of all or any portion of Capital Contribution the capital or profits of any MemberUnitholder (or assignee), it being expressly agreed that any such return of Capital Contribution capital or profits made pursuant to this Agreement Declaration of Trust shall be made solely from the assets (which shall not include any right of contribution from the Managing MemberOperator) of the CompanyTrust.

Appears in 1 contract

Samples: Declaration of Trust and Trust Agreement (Campbell Fund Trust)

No Personal Liability for Return of Capital. The Managing Member Manager shall not be liable personally liable for the return or repayment of all or any portion of Capital Contribution or profits the capital of any Member, or for the repayment of all or any portion of any loan made by any Member to the Company, it being expressly agreed understood that any such return of Capital Contribution capital or profits made pursuant to this Agreement repayment of any such loan shall be made solely from the assets (which shall not include any right of contribution from the Managing MemberManager) of the Company.

Appears in 1 contract

Samples: Operating Agreement (CDW Computer Centers Inc)

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