No Withdrawal. No Member shall be entitled to withdraw any part of his, her or its Capital Account or to receive any Distribution from the Company, except as provided in this Agreement. No Member shall receive any interest, salary or drawing with respect to its Capital Contributions or its Capital Account, except as otherwise provided in this Agreement. The Capital Accounts are maintained for the sole purpose of allocating items of income, gain, loss and deduction among the Members and shall have no effect on the amount of any Distributions to any Members, in liquidation or otherwise.
Appears in 15 contracts
Samples: Limited Liability Company Agreement (Ascend Wellness Holdings, LLC), Limited Liability Company Agreement (Ascend Wellness Holdings, LLC), Limited Liability Company Agreement (Longeveron LLC)
No Withdrawal. No Member shall will be entitled to withdraw any part of his, her his or its Capital Contribution or Capital Account or to receive any Distribution distribution from the Company, except as expressly provided in this Agreement. No Member shall receive any interest, salary or drawing with respect to its Capital Contributions or its Capital Account, except as otherwise provided in this Agreement. The Capital Accounts are maintained for the sole purpose of allocating items of income, gain, loss and deduction among the Members and shall have no effect on the amount of any Distributions to any Members, in liquidation or otherwise.
Appears in 8 contracts
Samples: Limited Liability Company Agreement (Teekay Offshore Partners L.P.), Limited Liability Company Agreement (ElectroCore, LLC), Limited Liability Company Agreement (ElectroCore, LLC)
No Withdrawal. No Member shall be entitled to withdraw any part of his, her its Capital Contribution or its Capital Account or to receive any Distribution distribution from the Company, except as expressly provided in this Agreement. No Member shall receive any interest, salary or drawing with respect to its Capital Contributions or its Capital Account, except as otherwise provided in this Agreement. The Capital Accounts are maintained for the sole purpose of allocating items of income, gain, loss and deduction among the Members and shall have no effect on the amount of any Distributions to any Members, in liquidation or otherwiseherein.
Appears in 7 contracts
Samples: Limited Liability Company Agreement (Convergence, LLC), Limited Liability Company Agreement (Ladder Capital Commercial Mortgage Securities LLC), Limited Liability Company Agreement (Tempur Pedic International Inc)
No Withdrawal. No Company Member shall be entitled to withdraw any part of his, her or its Capital Account or to receive any Distribution from the Company, except as provided in this Agreement. No Company Member shall receive any interest, salary or drawing with respect to its Capital Contributions capital contributions or its Capital Account, except as otherwise provided in this Agreement. The Capital Accounts are maintained for the sole purpose of allocating items of income, gain, loss and deduction among the Company Members and shall have no effect on the amount of any Distributions to any Company Members, in liquidation or otherwise.
Appears in 3 contracts
Samples: Limited Liability Company Agreement, Limited Liability Company Agreement, Limited Liability Company Agreement
No Withdrawal. No Member shall be entitled to withdraw any part of his, her or its Capital Account or to receive any Distribution from the Company, except as provided in this Agreement. No Member shall receive any interest, salary or drawing with respect to its Capital Contributions or its Capital Account, except as otherwise provided in this Agreement. The Capital Accounts are maintained for the sole purpose of allocating items of income, gain, loss and deduction among the Members and shall have no effect on the amount of any Distributions to any Members, in liquidation or otherwise.
Appears in 3 contracts
Samples: Limited Liability Company Agreement (Shepherd's Finance, LLC), Limited Liability Company Agreement (Shepherd's Finance, LLC), Limited Liability Company Agreement (Shepherd's Finance, LLC)
No Withdrawal. No Member shall be entitled to withdraw any part of his, her its Capital Contribution or its Capital Account or to receive any Distribution distribution from the Company, except as expressly provided in this the Agreement. No Member shall receive any interest, salary or drawing with respect to its Capital Contributions or its Capital Account, except as otherwise provided in this Agreement. The Capital Accounts are maintained for the sole purpose of allocating items of income, gain, loss and deduction among the Members and shall have no effect on the amount of any Distributions to any Members, in liquidation or otherwise.
Appears in 3 contracts
Samples: Limited Liability Company Agreement (Chelsea Gca Realty Partnership Lp), Limited Liability Company Agreement (Chelsea Gca Realty Inc), Limited Liability Company Agreement (Chelsea Gca Realty Inc)
No Withdrawal. No Member shall be entitled to withdraw any part of his, her or its Capital Account or to receive any Distribution from the CompanyFund, except as provided in this Agreement. No Member shall receive any interest, salary or drawing with respect to its Capital Contributions or its Capital Account, except as otherwise provided in this Agreement. The Capital Accounts are maintained for the sole purpose of allocating items of income, gain, loss and deduction among the Members and shall have no effect on the amount of any Distributions to any Members, in liquidation or otherwise.
Appears in 2 contracts
Samples: Limited Liability Company Operating Agreement, Limited Liability Company Operating Agreement
No Withdrawal. No Member shall will be entitled to withdraw any part of his, her such Member’s Capital Contribution or its Capital Account or to receive any Distribution distribution from the Company, except as expressly provided in this Agreement. No Member shall receive any interest, salary or drawing with respect to its Capital Contributions or its Capital Account, except as otherwise provided in this Agreement. The Capital Accounts are maintained for the sole purpose of allocating items of income, gain, loss and deduction among the Members and shall have no effect on the amount of any Distributions to any Members, in liquidation or otherwise.
Appears in 2 contracts
Samples: Limited Liability Company Agreement (Altera Infrastructure L.P.), Limited Liability Company Agreement (Altera Infrastructure L.P.)
No Withdrawal. No Member shall will be entitled to withdraw any part of his, her its Capital Contribution or its Capital Account or to receive any Distribution from the Company, except as expressly provided in this Agreement. No Member shall receive any interest, salary or drawing with respect to its Capital Contributions or its Capital Account, except as otherwise provided in this Agreement. The Capital Accounts are maintained for the sole purpose of allocating items of income, gain, loss and deduction among the Members and shall have no effect on the amount of any Distributions to any Members, in liquidation or otherwise.
Appears in 2 contracts
Samples: Limited Liability Company Agreement (TCEH Finance, Inc.), Limited Liability Company Agreement (Txu Energy Co LLC)
No Withdrawal. No Member shall be entitled to withdraw any part of his, her or its Capital Account or to receive any Distribution from the Company, except as provided in this Agreement. No Member shall receive any interest, salary or drawing with respect to his, her or its Capital Contributions or its Capital Account, except as otherwise provided in this Agreement. The Capital Accounts are maintained for the sole purpose of allocating items of income, gain, loss and deduction among the Members and shall have no effect on the amount of any Distributions to any Members, in liquidation or otherwise.
Appears in 2 contracts
Samples: Operating Agreement (Verb Technology Company, Inc.), Operating Agreement (Atlanticus Holdings Corp)
No Withdrawal. No Company Member shall be entitled to withdraw any part of his, her or its Capital Account or to receive any Distribution from the Company, except as provided in this Agreement. No Company Member shall receive any interest, salary or drawing with respect to its Capital Contributions capital contributions or its Capital Account, except as otherwise provided in this Agreement. The Capital Accounts are maintained for the sole purpose of allocating items of income, gain, loss and deduction among the Company Members and shall have no effect on the amount of any Distributions to any Company Members, in liquidation or otherwise.otherwise.
Appears in 2 contracts
Samples: Limited Liability Company Agreement, Limited Liability Company Agreement
No Withdrawal. No Member shall be is entitled to withdraw any part of his, her such Member’s Capital Contributions or its Capital Account or to receive any Distribution distribution from the Company, except as expressly provided in this Agreement. No Member shall receive any interest, salary or drawing with respect to its Capital Contributions or its Capital Account, except as otherwise provided in this Agreement. The Capital Accounts are maintained for the sole purpose of allocating items of income, gain, loss and deduction among the Members and shall have no effect on the amount of any Distributions to any Members, in liquidation or otherwise.
Appears in 2 contracts
Samples: Limited Liability Company Agreement (Griffin-American Healthcare REIT III, Inc.), Limited Liability Company Agreement (NorthStar Healthcare Income, Inc.)
No Withdrawal. No Member shall be entitled to withdraw any part of hishis or her, her or its Capital Account or to receive any Distribution from the Company, except as provided in this Agreement. No Member shall receive any interest, salary or drawing with respect to its Capital Contributions or its Capital Account, except as otherwise provided in this Agreement. The Capital Accounts are maintained for the sole purpose of allocating items of income, gain, loss and deduction among the Members and shall have no effect on the amount of any Distributions to any Members, in liquidation or otherwise.
Appears in 1 contract
Samples: Limited Liability Company Agreement (ATN International, Inc.)
No Withdrawal. No Member shall be entitled to withdraw any part of his, her or its Capital Account or to receive any Distribution from the Company, except as provided in this Agreementherein. No Member shall receive any interest, salary salary, or drawing with respect to its such Member's Capital Contributions or its Capital Account, except as otherwise provided in this Agreement. The Capital Accounts are maintained for the sole purpose of allocating items of income, gain, loss loss, and deduction among the Members and shall have no effect on the amount of any Distributions to any Members, in liquidation or otherwise.
Appears in 1 contract
Samples: Operating Agreement
No Withdrawal. No Member shall be entitled to withdraw any part of his, her her, or its Capital Account or to receive any Distribution distribution from the Company, except as provided in this Agreement. No Member shall receive any interest, salary or drawing with respect to its Capital Contributions or its Capital Account, except as otherwise provided in this Agreement. The Capital Accounts are maintained for the sole purpose of allocating items of income, gain, loss loss, and deduction among the Members and shall have no effect on the amount of any Distributions to any Members, in liquidation or otherwise.
Appears in 1 contract
Samples: Operating Agreement
No Withdrawal. No Member shall will be entitled to withdraw any part of his, her or its Capital Account or to receive any Distribution from the Company, except as provided in this Agreement. No Member shall will receive any interest, salary or drawing with respect to its Capital Contributions or its Capital Account, except as otherwise provided in this Agreement. The Capital Accounts are maintained for the sole purpose of allocating items of income, gain, loss and deduction among the Members and shall will have no effect on the amount of any Distributions to any Members, in liquidation or otherwise.. [Intentionally Omitted]
Appears in 1 contract
Samples: Limited Liability Company Agreement (Faraday Future Intelligent Electric Inc.)
No Withdrawal. No Member shall be entitled to withdraw any part of his, his or her Cash Account or its Capital Service Account or to receive any Distribution distribution from the CompanyCooperative, except as provided in this Agreement. No Member shall receive any interest, salary or drawing with respect to its Capital his or her Cash Contributions or its Capital Service Contributions or his or her Cash Account or Service Account, except as otherwise provided in this Agreement. The Capital Accounts are maintained for the sole purpose of allocating items of income, gain, loss and deduction among the Members and shall have no effect on the amount of any Distributions to any Members, in liquidation or otherwise.
Appears in 1 contract
Samples: Operating Agreement
No Withdrawal. No Member shall be entitled to withdraw any part of his, her or its Capital Account or to receive any Distribution from the Company, except as provided in this Agreement. No Member shall receive any interest, salary or drawing with respect to its Capital Contributions or its Capital Account, except as otherwise provided in this Agreement. The Capital Accounts are maintained for the sole purpose of allocating items of income, gain, loss and deduction among the Members and shall have no effect on the amount of any Distributions to any Members, in liquidation or otherwise.
Appears in 1 contract
Samples: Limited Liability Company Agreement (TWO RIVERS WATER & FARMING Co)
No Withdrawal. No Member shall be entitled to withdraw any part of his, her or its Capital Account or to receive any Distribution from the Company, except as provided in this Agreement. No Member shall receive any interest, salary salary, or drawing with respect to its Capital Contributions or its Capital Account, except as otherwise provided in this Agreement. The Capital Accounts are maintained for the sole purpose of allocating items of income, gain, loss loss, and deduction among the Members and shall have no effect on the amount of any Distributions to any Members, in liquidation or otherwise.
Appears in 1 contract
Samples: Operating Agreement (Agrify Corp)
No Withdrawal. No Member shall be entitled to withdraw any part of his, her or its Capital Account or to receive any Distribution from the Company, except as provided in this Agreement. No Member shall receive any interest, salary or drawing with respect to its Capital Contributions or its Capital Account, except as otherwise provided in this Agreement. The Capital Accounts are maintained for the sole purpose of allocating items of income, gain, loss and deduction among the Members and shall have no effect on the amount of any Distributions to any Members, in liquidation or otherwise.. Third Amended and Restated Limited Liability Company Agreement | 14
Appears in 1 contract
Samples: Equity Purchase Agreement (Morgans Hotel Group Co.)
