No Right to Return of Capital Sample Clauses

No Right to Return of Capital. Except as otherwise expressly provided in this Agreement, the Partners shall not have the right to (a) demand the return of all or any portion of their respective Capital Contributions or (b) demand or receive property other than cash in return for their respective Capital Contributions.
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No Right to Return of Capital. No Partner shall be entitled to demand or receive any distribution of, or with respect to, the Partner’s Subscription Funds, Capital Contribution or Capital Account, except as specifically provided in this Agreement.
No Right to Return of Capital. No Member shall have the right to receive a return of his or her Capital Account unless a Majority in Interest of the Members consent thereto.
No Right to Return of Capital. No Partner shall have the right to withdraw any part of its Capital Contribution or to demand or receive the return of its Capital Contribution except as expressly set forth herein.
No Right to Return of Capital. No Member shall be entitled to have any Capital Contribution returned to it or to receive any distribution from the Company upon withdrawal or otherwise, except in accordance with the express provisions of this Agreement. No unreturned Capital Contribution shall be deemed or considered to be a liability of the Company or any Member. No Member shall be required to contribute any cash or property to the Company to enable the Company to return any Member’s Capital Contribution.
No Right to Return of Capital. No part of any working capital advanced to the JointVenture shall be returned to either party and no distribution of profits shall be made prior to the completion of the Project except as may otherwise be mutually agreed upon in writing by the parties.

Related to No Right to Return of Capital

  • Return of Capital Contributions No Partner shall be entitled to withdraw any part of its Capital Contribution or its Capital Account or to receive any distribution from the Partnership, except as specifically provided in this Agreement. Except as otherwise provided herein, there shall be no obligation to return to any Partner or withdrawn Partner any part of such Partner’s Capital Contribution for so long as the Partnership continues in existence.

  • Description of Capital Stock The authorized capital stock of the Company conforms as to legal matters to the description thereof contained in the Prospectus.

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