Common use of No Withdrawal of or Interest on Capital Clause in Contracts

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.

Appears in 5 contracts

Samples: Operating Agreement, Operating Agreement, Operating Agreement

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