Common use of No Right to Demand Return of Capital Clause in Contracts

No Right to Demand Return of Capital. No Member has any right to any return of capital or other distribution except as expressly provided in this Agreement. No Member has any drawing account in the Company.

Appears in 286 contracts

Samples: Limited Liability Company Operating Agreement (Sibannac, Inc.), Insert State Here] Operating Agreement, Operating Agreement

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No Right to Demand Return of Capital. No Member has any right to any return of capital or other distribution except as expressly provided in this Agreement. No Member has any drawing account in the Company.. INDEMNIFICATION

Appears in 38 contracts

Samples: Multi Member Operating Agreement, Multi Member Operating Agreement, Multi Member Operating Agreement

No Right to Demand Return of Capital. No Member has will have any right to any return of capital or other distribution except as expressly provided in this Agreement. No Member has will have any drawing account in the Company.

Appears in 3 contracts

Samples: Operating Agreement, Operating Agreement, Operating Agreement

No Right to Demand Return of Capital. No Member has any right to any return of capital or other distribution except as expressly provided in this Agreementthe Private Placement Memorandum. No Member has any drawing account in the Company.

Appears in 2 contracts

Samples: Operating Agreement, Operating Agreement

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No Right to Demand Return of Capital. No Member member has any right to any return of capital or other distribution except as expressly provided in this Agreementagreement. No Member member has any drawing account in the Company.company

Appears in 1 contract

Samples: Operating Agreement

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