Other Matters Relating to Capital Contributions. (a) Loans by any Member to the Company shall not be considered contributions to the capital of the Company. (b) No Member shall be entitled to withdraw, or to obtain a return of, any part of his contribution to the capital of the Company, or to receive property or assets other than cash in return thereof, and no Member shall be liable to any other Member for a return of his contributions to the capital of the Company, except as provided in this Agreement. (c) No Member shall be entitled to priority over any other Member, either with respect to a return of his contributions to the capital of the Company, or to allocations of taxable income, gains, losses or credits, or to distributions, except as provided in this Agreement. (d) No interest shall be paid on any Member’s Capital Contribution.
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Samples: Limited Liability Company Agreement (Forbes Energy International, LLC), Limited Liability Company Agreement (Energy Services Puerto Rico LLC), Limited Liability Company Agreement (Forbes Energy Services LLC)
Other Matters Relating to Capital Contributions. (a) Loans by any Member to the Company shall not be considered contributions to the capital of the Company.
(b) No Member shall be entitled to withdraw, or to obtain a return of, any part of his contribution to the capital of the Company, or to receive property or assets other than cash in return thereof, and no Member shall be liable to any other Member for a return of his contributions to the capital of the Company, except as provided in this Agreement.
(c) No Member shall be entitled to priority over any other Member, either with respect to a return of his contributions to the capital of the Company, or to allocations of taxable income, gains, losses or credits, or to distributions, except as provided in this Agreement.
(d) No interest shall be paid on any Member’s 's Capital Contribution.
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Samples: Limited Liability Company Agreement (Leevac Marine Inc), Limited Liability Company Agreement (Leevac Marine Inc), Limited Liability Company Agreement (Leevac Marine Inc)
Other Matters Relating to Capital Contributions. (a) Loans by any a Member to the Company shall not be considered contributions to the capital of the CompanyCapital Contributions.
(b) No Subject to Article X and subject to Section 2.4, no Member shall be entitled to withdraw, or to obtain a return of, any part of his contribution to the capital of the Company, or to receive Company property or assets other than cash in return thereof, and no Member shall be liable to any other Member for a return of his contributions to the capital of the Company, except as provided in this Agreement.
(c) No Member shall be entitled to priority over any other Member, either with respect to a return of his contributions to the capital of the Company, or to allocations of taxable income, gains, losses or credits, or to distributions, except as provided in this Agreement.
(d) No interest shall be paid on any Member’s Capital Contribution.
(e) Subject to Article X, the Board of Managers shall have no liability to any Member to return such Member’s Capital Contribution.
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