No Rights of Redemption. No Member shall have the right to: (a) have that Member's Units or Interest redeemed, (b) have that Member's Capital Contribution returned, or (c) subject to Article VII and Article X, otherwise receive property of the Company; even if that Member dissociates prior to termination of the Company. Even at termination, the Member's rights are limited to those set forth in Article X. To the extent a Member has a right to demand a distribution or return of the Member's Capital Contributions, the Member shall have only the right to demand and receive cash therefor.
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Samples: Operating Agreement (Penske Motorsports Inc), Operating Agreement (Penske Motorsports Inc)
No Rights of Redemption. No Member shall have the right to: (a) have that Member's Units or Interest redeemed, (b) have that Member's Capital Contribution returned, or (c) subject to Article ARTICLE VII , ARTICLE X, and Article XARTICLE XI, otherwise receive property of the Company; even if that Member dissociates prior to termination of the Company. Even at At termination, the Member's rights are limited to those set forth in Article X. To ARTICLE X and ARTICLE XI. No Member shall have the extent a Member has a right to demand a distribution or return of the such Member's Capital Contributions, the Member shall have only the right to demand and receive cash therefor.
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No Rights of Redemption. No Member shall have the right to: (a) have that Member's ’s Units or Interest redeemed, (b) have that Member's ’s Capital Contribution returned, or (c) subject to Article VII and Article X, VI. otherwise receive property of the Company; even if that Member dissociates prior to termination of the Company. Even at termination, the Member's ’s rights are limited to those set forth in Article X. IX. To the extent a Member has a right to demand a distribution or return of the Member's ’s Capital Contributions, the Member shall have only the right to demand and receive cash therefor.
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