Common use of Redemption or Repurchase Rights Clause in Contracts

Redemption or Repurchase Rights. Except as otherwise provided in this Agreement, the Company shall not redeem or repurchase any Member’s Units and no Member shall have the right to withdraw from the Company or to receive any return of any Capital Contribution.

Appears in 12 contracts

Samples: Limited Liability Company Agreement, Limited Liability Company Agreement (NB Crossroads Private Markets Fund IV (TE) - Client LLC), Limited Liability Company Agreement (NB Crossroads Private Markets Fund IV Holdings LLC)

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Redemption or Repurchase Rights. Except as otherwise provided in this Agreement, the Company shall not redeem or repurchase any Member’s 's Units and no Member shall have the right to withdraw from the Company or to receive any return of any Capital ContributionCommitment.

Appears in 4 contracts

Samples: Operating Agreement (Excelsior Venture Partners Iii LLC), Operating Agreement (Excelsior Venture Partners Iii LLC), Operating Agreement (Excelsior Venture Partners Iii LLC)

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Redemption or Repurchase Rights. Except as otherwise provided in this Agreement, the Company shall not redeem or repurchase any Member’s Units 's Shares and no Member shall have the right to withdraw from the Company Company, except as provided in Article IX, or to receive any return of any Capital ContributionCommitment, except upon dissolution of the Company pursuant to Article XIII.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Fortress Brookdale Investment Fund LLC), Limited Liability Company Agreement (Fortress Pinnacle Investment Fund LLC)

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