No Preferred Returns; Limitations on Withdrawals. The respective rights of each Member to share in the capital of the Company, (i) by way of distributions, will be determined by Section 6.1, and (ii) on liquidation, will be determined by ARTICLE 10. Unless expressly set forth in this Agreement, no interest, dividend or preferred return shall be payable with respect to any Member’s contribution to the capital of the Company. No Member may withdraw such Member’s contributions of capital to the Company or demand and receive property of the Company, except as may be specifically provided in this Agreement or as required by law.
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Samples: Operating Agreement, Operating Agreement, Operating Agreement
No Preferred Returns; Limitations on Withdrawals. The respective rights of each Member to share in the capital of the Company, (i) by way of distributions, will be determined by Section 6.1, 29(a)-(b) and (ii) on liquidation, will be determined by ARTICLE 10Section 39. Unless expressly set forth in this Agreement, no interest, dividend or preferred return shall be payable with respect to any Member’s contribution to the capital of the Company. No Member may withdraw such Member’s contributions of capital to the Company or demand and receive property of the Company, except as may be specifically provided in this Agreement or as required by law.
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