No Withdrawal of or Interest on Capital Sample Clauses

No Withdrawal of or Interest on Capital. Except as otherwise provided in this Agreement, (i) no Member shall have any right to demand and receive property of the Company in exchange for all or any portion of his or her Capital Contribution or Capital Account, and (ii) no interest or preferred return shall accrue or be paid on any Capital Contribution or Capital Account.
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No Withdrawal of or Interest on Capital. No interest shall accrue on any contributions to the capital of the Partnership, an no Partner shall have the right to withdraw or to be repaid any capital contributed by it or to receive any other payment in respect of its interest in the Partnership, including without limitation as a result of the withdrawal of such Partner from the Partnership, except as specifically provided in this Agreement.
Sample 1Sample 2
No Withdrawal of or Interest on Capital. Except as otherwise expressly provided in Section 3.03 or elsewhere in this Agreement, no Member shall be obligated or permitted to make any additional Capital Contribution. No interest shall accrue on any Capital Contribution, and no Member shall have the right to withdraw or to be repaid any Capital Contribution or to receive any other payment in respect of its Membership Interest (including any payment contemplated by Section 18-604 of the Act, and this Section 3.04 shall expressly constitute “provision otherwise” for the purposes of Section 18-604 of the Act), except as specifically provided in this Agreement.
Sample 1
No Withdrawal of or Interest on Capital. Except as otherwise set forth herein no Member shall have the right to resign and receive any distribution from the Company as a result of resignation, and no Member shall have the right to receive the return of all or any part of his, her, or its Capital Contributions or Capital Account, or any other distribution, except as provided in Section 3.08, 4.01, 4.02 and 8.03. No Member shall have any right to demand and receive property of the Company in exchange for all or any portion of his, her, or its Capital Contributions or Capital Account, except as provided in Section 8.03 and 4.02 upon dissolution and liquidation of the Company, or as set forth in SCHEDULE I hereto. Other than as set forth in Section 3.08 and in the Additional Terms and Conditions, no interest or prior or preferred return shall accrue or be paid on any Capital Contribution or Capital Account except pursuant to Section 4.01 and 4.02, as the same may be hereafter amended.
Sample 1
No Withdrawal of or Interest on Capital. No Shareholder shall have the right to resign and receive any distribution from the Company as a result of such resignation, and no Shareholder shall have the right to receive the return of all or any part of the Shareholder's Capital Contribution or capital account, or any other distribution, except as expressly provided in this Agreement. No Shareholder shall have any right to demand and receive property of the Company in exchange for all or any portion of the Shareholder's Capital Contribution or capital account, except as expressly provided in this Agreement. No interest shall accrue or be paid on any Capital Contribution or capital account.
Sample 1
No Withdrawal of or Interest on Capital. No interest shall accrue on any contributions to the capital of the Company, and no Member shall have the right to withdraw or to be repaid any capital contributed by him, her or it or to receive any other payment in respect of his, her or its interest in the Company, including without limitation as a result of the withdrawal or resignation of such Member from the Company, except as specifically provided in this Agreement.
Sample 1
No Withdrawal of or Interest on Capital. Except as otherwise provided in this Agreement, no Partner shall have the right to resign from the Partnership and to receive any distribution from the Partnership as a result of such resignation, and no Partner shall have the right to receive the return of all or any part of his, her, or its Capital Contribution or Capital Account, or any other distribution, except with the Approval of the General Partner or as specifically provided in this Agreement. Except as otherwise provided in this Agreement, (i) no Partner shall have any right to demand and receive property of the Partnership in exchange for all or any portion of his, her, or its Capital Contribution or Capital Account, and (ii) no interest or preferred return shall accrue or be paid on any Capital Contribution or Capital Account.
Sample 1
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Related to No Withdrawal of or Interest on Capital

  • No Withdrawal of Capital Except as otherwise expressly provided in Article XIII, no Member shall have the right to withdraw capital from the Company or to receive any distribution or return of such Member’s Capital Contributions.

  • No Withdrawal No Person shall be entitled to withdraw any part of such Person’s Capital Contribution or Capital Account or to receive any Distribution from the Company, except as expressly provided in this Agreement.

  • No Interest on Capital No Partner shall be entitled to interest on its Capital Contributions or its Capital Account.

  • Withdrawal from Agreement A. Any Fund may elect to withdraw from this Agreement effective at the end of any monthly period by giving at least 90 days’ prior written notice to each of the parties to this Agreement. Upon the written demand of all other Funds which are parties to this Agreement a Fund shall withdraw, and in the event of its failure to do so shall be deemed to have withdrawn, from this Agreement; such demand shall specify the date of withdrawal which shall be at the end of any monthly period at least 90 days from the time of service of such demand.

  • Withdrawal of General Partner (a) The General Partner may not Withdraw (other than as a result of an Involuntary Withdrawal) without the Consent of the Special Limited Partner. Withdrawal shall be conditioned upon the agreement of the Special Limited Partner to be admitted as a successor General Partner, or if the Special Limited Partner declines to be admitted as a successor General Partner then on the agreement of one or more Persons who satisfy the requirements of Section 13.5 of this Agreement to be admitted as successor General Partner(s).

  • Interest on Capital Contributions No Member shall be entitled to any interest on its capital contribution.

  • Interest and Withdrawal No interest shall be paid by the Partnership on Capital Contributions. No Partner shall be entitled to the withdrawal or return of its Capital Contribution, except to the extent, if any, that distributions made pursuant to this Agreement or upon termination of the Partnership may be considered as such by law and then only to the extent provided for in this Agreement. Except to the extent expressly provided in this Agreement, no Partner shall have priority over any other Partner either as to the return of Capital Contributions or as to profits, losses or distributions. Any such return shall be a compromise to which all Partners agree within the meaning of Section 17-502(b) of the Delaware Act.

  • No Interest on Capital Contributions Members are not entitled to interest or other compensation for or on account of their capital contributions to the Company except to the extent, if any, expressly provided in this Agreement.

  • Withdrawal of Fund's Assets If the Delegate determines that an arrangement with a specific Eligible Foreign Custodian selected by the Delegate under Section 3 of this Delegation Schedule no longer meets the requirements of said Section, Delegate shall withdraw the Fund's Assets from the non-complying arrangement as soon as reasonably practicable; provided, however, that if in the reasonable judgment of the Delegate, such withdrawal would require liquidation of any of the Fund's Assets or would materially impair the liquidity, value or other investment characteristics of the Fund's Assets, it shall be the duty of the Delegate to provide information regarding the particular circumstances and to act only in accordance with Instructions of the Fund or its Investment Advisor with respect to such liquidation or other withdrawal.

  • Withdrawal of Member Notwithstanding anything to the contrary herein, the Member shall not withdraw as a member of the Company, and no event set forth in Section 5.4 shall cause or be deemed to cause the withdrawal of the Member from the Company. Any purported withdrawal by the Member shall be null and void.

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