Other Provisions on Capital Contributions. Except as otherwise provided in this Agreement or by law: 2.4.1. No Member shall be required to contribute any additional capital to the Company; 2.4.2. No Member may withdraw any part of his, her, or its capital from the Company; 2.4.3. No Member shall be required to make any loans to the Company; 2.4.4. Loans by a Member to the Company shall not be considered a contribution of capital, shall not increase the capital account of the lending Member, and shall not result in the adjustment of the number of Shares owned by a Member, and the repayment of such loans by the Company shall not decrease the capital accounts of the Members making the loans; 2.4.5. No interest shall be paid on any initial or additional capital contributed to the Company by any Member; 2.4.6. Under any circumstance requiring a return of all or any portion of a capital contribution, no Member shall have the right to receive property other than cash; and 2.4.7. No Member shall be liable to any other Member for the return of his, her, or its capital.
Appears in 23 contracts
Samples: Limited Liability Company Agreement, Limited Liability Company Agreement (Nv Reit LLC), Limited Liability Company Agreement (Nv Reit LLC)
Other Provisions on Capital Contributions. Except as otherwise provided in this Agreement or by law:
2.4.1. No Member shall be required to contribute any additional capital to the Company;
2.4.2. No Member may withdraw any part of his, her, or its capital from the Company;
2.4.3. No Member shall be required to make any loans to the Company;
2.4.4. Loans by a Member to the Company shall not be considered a contribution of capital, shall not increase the capital account of the lending Member, and shall not result in the adjustment of the number of Shares owned by a Member, and the repayment of such loans by the Company shall not decrease the capital accounts of the Members making the loans;
2.4.5. No interest shall be paid on any initial or additional capital contributed to the Company by any Member;
2.4.6. Under any circumstance requiring a return of all or any portion of a capital contribution, no Member shall have the right to receive property other than cash; and
2.4.7. No Member shall be liable to any other Member for the return of his, her, his or its capital.
Appears in 6 contracts
Samples: Limited Liability Company Agreement (Money With Meaning Fund, LLC), Limited Liability Company Agreement (Property Income Trust LLC), Limited Liability Company Agreement (Impact Housing REIT, LLC)
Other Provisions on Capital Contributions. Except as otherwise provided in this Agreement or by law:
2.4.12.3.1. No Member shall be required to contribute any additional capital to the Company;
2.4.22.3.2. No Member may withdraw any part of his, her, or its capital from the Company;
2.4.32.3.3. No Member shall be required to make any loans to the Company;
2.4.42.3.4. Loans by a Member to the Company shall not be considered a contribution of capital, shall not increase the capital account of the lending Member, and shall not result in the adjustment of the number of Shares owned by a Member, and the repayment of such loans by the Company shall not decrease the capital accounts of the Members making the loans;
2.4.52.3.5. No interest shall be paid on any initial or additional capital contributed to the Company by any Member;
2.4.62.3.6. Under any circumstance requiring a return of all or any portion of a capital contribution, no Member shall have the right to receive property other than cash; and
2.4.72.3.7. No Member shall be liable to any other Member for the return of his, her, or its capital.
Appears in 3 contracts
Samples: Limited Liability Company Agreement (Magfast LLC), Limited Liability Company Agreement, Limited Liability Company Agreement
Other Provisions on Capital Contributions. Except as otherwise provided in this Agreement or by law:
2.4.1. 3.4.1 No Member shall be required to contribute any additional capital to the Company;
2.4.2. 3.4.2 No Member may withdraw any part of his, her, or its his capital from the Company;
2.4.3. 3.4.3 No Member shall be required to make any loans to the Company;
2.4.4. 3.4.4 Loans by a Member to the Company shall not be considered a contribution of capital, shall not increase the capital account of the lending Member, and shall not result in the adjustment of increase or decrease the number of Shares owned by a Member, and the repayment of such loans by the Company shall not decrease the capital accounts account of the Members Member making the loans;
2.4.5. 3.4.5 No interest shall be paid on any initial or additional capital contributed to the Company by any Member;
2.4.6. 3.4.6 Under any circumstance requiring a return of all or any portion of a capital contributionCapital Contribution, no Member shall have the right to receive property other than cash; and
2.4.7. 3.4.7 No Member shall be liable to any other Member for the return of his, her, or its capital.
Appears in 2 contracts
Samples: Limited Liability Company Agreement (Multi-Housing Income REIT, LLC), Limited Liability Company Agreement (Multi-Housing Income REIT, Inc.)
Other Provisions on Capital Contributions. Except as otherwise provided in this Agreement or by law:
2.4.1. 2.4.1 No Member shall be required to contribute any additional capital to the Company;
2.4.2. 2.4.2 No Member may withdraw any part of his, her, or its capital from the Company;
2.4.3. 2.4.3 No Member shall be required to make any loans to the Company;
2.4.4. 2.4.4 Loans by a Member to the Company shall not be considered a contribution of capitalcapital , shall not increase the capital account of the lending Member, and shall not result in the adjustment of the number of Shares (as defined herein) owned by a Member, and the repayment of such loans by the Company shall not decrease the capital accounts of the Members making the loans;
2.4.5. 2.4.5 No interest shall be paid on any initial or additional capital contributed to the Company by any Member;
2.4.6. 2.4.6 Under any circumstance requiring a return of all or any portion of a capital contribution, no Member shall have the right to receive property other than cash; and
2.4.7. 2.4.7 No Member member shall be liable to any other Member for the return of his, her, his or its capital.
Appears in 2 contracts
Samples: Limited Liability Company Agreement (Concreit Fund I LLC), Limited Liability Company Agreement (Concreit Fund I LLC)
Other Provisions on Capital Contributions. Except as otherwise provided in this Agreement or by law:
2.4.1. No Member shall be required to contribute any additional capital to the Company;
2.4.2. No Member may withdraw any part of his, her, or its capital from the Company;
2.4.3. No Member shall be required to make any loans to the Company;
2.4.4. Loans by a Member to the Company shall not be considered a contribution of capital, shall not increase the capital account of the lending Member, and shall not result in the adjustment of the number of Shares owned by a Member, and the repayment of such loans by the Company shall not decrease the capital accounts of the Members making the loans;
2.4.5. No interest shall be paid on any initial or additional capital contributed to the Company by any Member;
2.4.6. Under any circumstance requiring a return of all or any portion of a capital contribution, no Member shall have the right to receive property other than cash; and
2.4.7. No Member shall be liable to any other Member for the return of his, her, or its capital.. P a g e | 2
Appears in 1 contract
Samples: Limited Liability Company Agreement (Energea Portfolio 4 USA LLC)
Other Provisions on Capital Contributions. Except as otherwise provided in this Agreement or by law:
2.4.1. No Member shall be required to contribute any additional capital to the Company;
2.4.2. No Member may withdraw any part of his, her, or its capital from the Company;
2.4.3. No Member shall be required to make any loans to the Company;
2.4.4. Loans by a Member to the Company shall not be considered a contribution of capital, shall not increase the capital account of the lending Member, and shall not result in the adjustment of the number of Shares owned by a Member, and the repayment of such loans by the Company shall not decrease the capital accounts of the Members making the loans;; P a g e | 2
2.4.5. No interest shall be paid on any initial or additional capital contributed to the Company by any Member;
2.4.6. Under any circumstance requiring a return of all or any portion of a capital contribution, no Member shall have the right to receive property other than cash; and
2.4.7. No Member shall be liable to any other Member for the return of his, her, or its capital.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Energea Portfolio 3 Africa LLC)
Other Provisions on Capital Contributions. Except as otherwise provided in this Agreement or by law:
2.4.1. No Member shall be required to contribute any additional capital to the Company;
2.4.2. No Member may withdraw any part of his, her, or its his capital from the Company;
2.4.3. No Member shall be required to make any loans to the Company;
2.4.4. Loans by a Member to the Company shall not be considered a contribution of capital, shall not increase the capital account of the lending Member, and shall not result in the adjustment of the number of Investor Shares owned by a Member, and the repayment of such loans by the Company shall not decrease the capital accounts of the Members making the loans;
2.4.5. No interest shall be paid on any initial or additional capital contributed to the Company by any Member;
2.4.6. Under any circumstance requiring a return of all or any portion of a capital contribution, no Member shall have the right to receive property other than cash; and
2.4.7. No Member shall be liable to any other Member for the return of his, her, his or its capital.
Appears in 1 contract
Samples: Operating Agreement
Other Provisions on Capital Contributions. Except as otherwise provided in this Agreement or by law:
2.4.1. 2.4.1 No Member shall be required to contribute any additional capital to the Company;
2.4.2. 2.4.2 No Member may withdraw any part of his, her, or its capital from the Company;
2.4.3. 2.4.3 No Member shall be required to make any loans to the Company;
2.4.4. 2.4.4 Loans by a Member to the Company shall not be considered a contribution of capital, shall not increase the capital account of the lending Member, and shall not result in the adjustment of the number of Shares owned by a Member, and the repayment of such loans by the Company shall not decrease the capital accounts of the Members making the loans;
2.4.5. 2.4.5 No interest shall be paid on any initial or additional capital contributed to the Company by any Member;
2.4.6. 2.4.6 Under any circumstance requiring a return of all or any portion of a capital contribution, no Member shall have the right to receive property other than cash; and
2.4.7. 2.4.7 No Member shall be liable to any other Member for the return of his, her, or its capital.
Appears in 1 contract
Samples: Limited Liability Company Agreement
Other Provisions on Capital Contributions. Except as otherwise provided in this Agreement or by law:
2.4.1. No Member shall be required to contribute any additional capital to the Company;
2.4.2. No Member may withdraw any part of his, her, or its capital from the Company;
2.4.3. No Member shall be required to make any loans to the Company;; P a g e | 2
2.4.4. Loans by a Member to the Company shall not be considered a contribution of capital, shall not increase the capital account of the lending Member, and shall not result in the adjustment of the number of Shares owned by a Member, and the repayment of such loans by the Company shall not decrease the capital accounts of the Members making the loans;
2.4.5. No interest shall be paid on any initial or additional capital contributed to the Company by any Member;
2.4.6. Under any circumstance requiring a return of all or any portion of a capital contribution, no Member shall have the right to receive property other than cash; and
2.4.7. No Member shall be liable to any other Member for the return of his, her, or its capital.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Mysk Orlando Growth Fund LLC)
