Common use of Organizational Shareholder Clause in Contracts

Organizational Shareholder. The initial Capital Contribution to the Fund by the Organizational Shareholder shall be represented by Shares. Upon the admission to the Fund of any additional Shareholder pursuant to Section 2.7, the Organizational Shareholder shall become entitled to the return of all or a portion of its Capital Contribution, if any, without interest or deduction, and to withdraw from the Fund.

Appears in 3 contracts

Samples: Limited Liability Company Agreement (X-Square Balanced Fund, LLC), Limited Liability Company Agreement (X-Square Balanced Fund, LLC), Limited Liability Company Agreement (Partners Group Private Income Opportunities, LLC)

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Organizational Shareholder. The initial Capital Contribution to the Fund by the Organizational Shareholder shall be was represented by Sharesa Share. Upon the admission to the Fund of any an additional Shareholder pursuant to Section 2.7, the Organizational Shareholder shall become became entitled to the return of all or a portion of its Capital Contribution, if any, without interest or deduction, and to withdraw from the Fund.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Partners Group Private Equity (Master Fund), LLC)

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Organizational Shareholder. The initial Capital Contribution to the Fund by the Organizational Shareholder shall be represented by Sharesa Share. Upon the admission to the Fund of any an additional Shareholder pursuant to Section 2.7, the Organizational Shareholder shall become entitled to the return of all or a portion of its Capital Contribution, if any, without interest or deduction, and to withdraw from the FundFund as a Shareholder.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Constitution Capital Access Fund, LLC)

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