Common use of Restrictions on Members Clause in Contracts

Restrictions on Members. Except as otherwise provided in this Agreement, no Member shall have the right or power to: (a) Withdraw or reduce its Capital Contributions to the Company or any part of its Capital Account, other than upon the dissolution and liquidation of the Company as provided by this Agreement; (b) Cause the dissolution of the Company; or (c) Bring an action for partition against the Company.

Restrictions on Members. Except as otherwise provided in this Agreement, no No Member shall have the right or power to: (a) a. Withdraw or reduce its his Capital Contributions Contribution to the Company except as a result of the dissolution of the Company or any part as otherwise provided by law; b. Bring an action for partition against the Company; or c. Cause the termination and dissolution of its Capital Account, other the Company by court decree or otherwise (except in compliance with this Agreement). Other than upon the termination and dissolution and liquidation of the Company as provided by this Agreement; (b) Cause , there has been no time agreed upon when the dissolution Capital Contribution of the Company; or (c) Bring an action for partition against the Companyeach Member must be returned.

Restrictions on Members. Except as otherwise provided in this Agreement, no No Member shall have the right or power to: (a) a. Withdraw or reduce its Capital Contributions Contribution to the Company or any part except as a result of its Capital Account, other than upon the dissolution and liquidation of the Company as provided by this Agreement; (b) Cause the dissolution of the Company; orCompany or as otherwise provided by law; (c) b. Bring an action for partition against the Company; or c. Cause the termination and dissolution of the Company by court decree or otherwise (except in compliance with this Agreement).

Restrictions on Members. Except as otherwise provided in this Agreement, no Member shall have the right or power to: (a) Withdraw or reduce its Capital Contributions Contribution to the Company or any part of its Capital Account, other than upon the dissolution and liquidation of the Company as provided by this Agreement; (b) Cause the dissolution of the Company; (c) Except as provided herein, have priority over any other Member either as to the return of Capital Contributions or as to distributions. Other than upon the dissolution and Liquidation of the Company as provided by this Agreement, there has been no time agreed upon when the Capital Contribution of each Member may be returned; or (cd) Bring an action for partition against the Company.