Common use of No Withdrawal of Capital Contributions Clause in Contracts

No Withdrawal of Capital Contributions. Except upon dissolution and liquidation of the Company, no Member shall have the right to withdraw, reduce or demand the return of any part of his/her Capital Contribution.

Appears in 3 contracts

Samples: Operating Agreement, Operating Agreement, Operating Agreement

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No Withdrawal of Capital Contributions. Except upon dissolution and liquidation of the CompanyCompany or as otherwise set forth herein, no Member shall have the right to withdraw, reduce or demand the return of its Capital Contributions, or any part thereof, or any distribution thereon. Except as otherwise provided herein, no Member shall have the right to receive assets other than cash in connection with a distribution or return of his/her Capital Contributioncapital.

Appears in 2 contracts

Samples: Limited Liability Company Agreement, Operating Agreement (Morgans Hotel Group Co.)

No Withdrawal of Capital Contributions. Except upon dissolution and liquidation of the Company, no Member shall have the right to withdraw, reduce or demand the return of its Capital Contributions, or any part thereof, or any distribution thereon, or to receive property other than cash in connection with any distribution, or to receive property other than cash in connection with a distribution or return of his/her Capital Contributioncapital.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Panache Beverage, Inc.)

No Withdrawal of Capital Contributions. Except upon dissolution and liquidation of the Company, no Member shall have the right to withdraw, reduce or demand the return of its Capital Contributions, or any part thereof, or any distribution thereon. Except as otherwise provided herein, no Member shall have the right to receive assets other than cash in connection with a distribution or return of his/her Capital Contributioncapital.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Quintel Communications Inc)

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No Withdrawal of Capital Contributions. Except upon dissolution and liquidation of the Company, no Member shall have the right to withdrawwithdraw his or its Capital Contributions. Except upon dissolution and liquidation of the Company, reduce or demand the there is no agreement for, nor time set for, return of any part Capital Contribution of his/her Capital Contributionany Member.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Commerce Street Pantheon Mortgage Asset Securitizations LLC)

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