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

No Right to Return of Contribution. No Member has the right to withdraw or to receive a return of their Capital Contributions, as reflected in their respective Capital Accounts from time to time, except upon the dissolution and liquidation of the Company pursuant to Article 13.

Appears in 3 contracts

Samples: Limited Liability Company Agreement (Somerset Power LLC), Limited Liability Company Agreement (Somerset Power LLC), Limited Liability Company Agreement (Somerset Power LLC)

AutoNDA by SimpleDocs

No Right to Return of Contribution. No Member has the The Members have no right to withdraw or to receive a return of their Capital Contributions, as reflected in their respective Capital Accounts from time to time, except upon the dissolution and liquidation of the Company pursuant to Article 1311.

Appears in 1 contract

Samples: Operating Agreement (Melt Inc)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!