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

No Right to Return of Capital Contribution. No Member shall have the right to withdraw from the Company or to demand a return of all or any part of its Capital Contribution during the Term of the Company and any return of any such Capital Contribution shall be made solely from the distributions pursuant to the provisions of Article VII and Article IX.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Trinity Place Holdings Inc.), Stock Purchase Agreement (Trinity Place Holdings Inc.)

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No Right to Return of Capital Contribution. No Member shall have the right to withdraw from the Company or to demand a the return of all or any part of its such Member's Capital Contribution during the Term Contribution, except as expressly provided herein. The Company shall not be liable to Members for repayment of the Company and any return of any such their Capital Contribution shall be made solely from the distributions pursuant to the provisions of Article VII and Article IXContributions.

Appears in 1 contract

Samples: American Dg Energy Inc

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No Right to Return of Capital Contribution. No Member shall have the right to withdraw from the Company or to demand a the return of all or any part of its such Member's Capital Contribution during the Term Contribution, except as otherwise expressly provided herein. The Company shall not be liable to Members for repayment of the Company and any return of any such their Capital Contribution shall be made solely from the distributions pursuant to the provisions of Article VII and Article IXContributions.

Appears in 1 contract

Samples: Buy Sell Agreement (Online System Services Inc)

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