No Right to Withdraw Capital Contributions Sample Clauses

No Right to Withdraw Capital Contributions. Except for distributions provided in Section 5.1 or otherwise approved by the MMC, no Member shall have the right to withdraw its Capital Contribution or to receive a return of its Capital Contribution.
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No Right to Withdraw Capital Contributions. No Partner shall have a right to withdraw any part of his Capital Contributions except upon dissolution or liquidation of the Partnership. If the occasion for the return of Capital Contributions should arise, no Partner shall have the right to receive property other than cash.
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No Right to Withdraw Capital Contributions. Except as otherwise provided in this Agreement, no Member shall be entitled to withdraw or receive contributions of or against its capital contributions without the prior consent of, and upon the terms and conditions agreed upon by, the [Members/Managers].
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No Right to Withdraw Capital Contributions. Except as otherwise provided in this Agreement, no Member shall be entitled to withdraw or receive contributions of or against its capital contributions without the prior consent of, and upon the terms and conditions agreed upon by, the [Members/Managers]. : PROFITS, LOSSES AND DISTRIBUTIONS Allocation of Profits and Losses The Company’s income, gain, losses, deductions and credits for each fiscal year of the Company, shall be allocated amongst the Members in proportion to their respective Percentage Interests. Such allocation shall be for both book and tax purposes. Distributions Taking into account all debts, liabilities and obligations of the Company then due, working capital, and other amounts necessary or prudent for the conduct of the business of the Company or to place into reserves, cash available for distribution may be distributed at such time and in such manner as the [Members/Managers] shall determine, in their absolute discretion, in proportion to the respective Percentage Interests of the Members. All distributions by the Company shall be made only to the Persons who, according to the lists maintained in the form of Annex A, are the holders of record of Economic Interests in respect of which such distributions are made on the actual date of distribution.
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No Right to Withdraw Capital Contributions. 20 Section 9.05 No Priorities Among Partners . . . . . . . . . . . . . . 20 Section 9.06
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Related to No Right to Withdraw Capital Contributions

  • Capital Contributions Distributions 17 TABLE OF CONTENTS (continued)

  • No Additional Capital Contributions Except as otherwise provided in this Article V, no Partner shall be required to make additional Capital Contributions to the Partnership without the consent of such Partner or permitted to make additional capital contributions to the Partnership without the consent of the General Partner.

  • No Right to Withdraw No Member shall have any right to resign or withdraw from the Company without the consent of the other Members or to receive any distribution or the repayment of its capital contribution except as provided in Section 7.2 and Article IX upon dissolution and liquidation of the Company. No Member shall have any right to have the fair value of its Membership Interest in the Company appraised and paid out upon the resignation or withdrawal of such Member or any other circumstances.

  • Right to withdraw Sale to withdraw, postpone and call off the sale of the Property at any time prior to the auction date and before the fall of the hammer; and

  • Capital Contributions Persons seeking to become a Member shall be required to purchase or acquire Shares and make capital contributions in such forms and in such amounts and at such times as the Board may require, if any, in its sole discretion (any, a “Capital Contribution”) whereupon a capital account for a new Member will be established, and, if applicable, accreted, in the amount of such Member’s Capital Contribution or based upon the fair market value of property contributed, and the new Member shall be issued a number of Class A Ordinary Shares as determined by the Board, and the Board shall update Exhibit A attached hereto accordingly. The provisions of this Section 3.1 are solely intended for the benefit of the Members and, to the fullest extent permitted by law, shall not be construed as conferring any benefit upon any creditor of the Company (and no such creditor shall be a third-party beneficiary of this Agreement). The Members shall have no duty or obligation to any creditor of the Company to make any contribution to the Company.

  • Initial Capital Contributions The Partners have made, on or prior to the date hereof, Capital Contributions and have acquired the number of Class A Units as specified in the books and records of the Partnership.

  • Members Capital Contributions a) Single-Member Capital Contributions (Applies ONLY if Single-Member): The Member may make such capital contributions (each a “Capital Contribution”) in such amounts and at such times as the Member shall determine. The Member shall not be obligated to make any Capital Contributions. The Member may take distributions of the capital from time to time in accordance with the limitations imposed by the Statutes. b) Multi-Member (Applies ONLY if Multi-Member): The Members have contributed the following capital amounts to the Company as set forth below and are not obligated to make any additional capital contributions:

  • Capital Contributions Capital Accounts The capital contribution of the Sole Member is set forth on Annex A attached hereto. Except as required by applicable law, the Sole Member shall not at any time be required to make additional contributions of capital to the Company. The capital accounts of the members shall be adjusted for distributions and allocations made in accordance with Section 8.

  • Member Capital Contributions (Check One)

  • Capital Contributions and Distributions The Member may make such capital contributions (each a “Capital Contribution”) in such amounts and at such times as the Member shall determine. The Member shall not be obligated to make any Capital Contributions. The Member may take distributions of the capital from time to time in accordance with the limitations imposed by the Statutes.

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