Common use of Restrictions on Withdrawal Policy Clause in Contracts

Restrictions on Withdrawal Policy. No Member may withdraw within the first 15 months a Member's admission to the Company. Thereafter, the Company will use its best efforts to honor requests for a return of capital subject to, among other things, the Company’s then available cash flow, financial condition, and approval by the Manager. The maximum aggregate amount of capital that the Company will return to the Members each calendar quarter is limited to 10% of the total outstanding capital of the Company as of December 31 of the prior year. Notwithstanding the foregoing, the Manager may, in its sole discretion, waive such withdrawal requirements if a Member is experiencing undue hardship.

Restrictions on Withdrawal Policy. No Member may withdraw within the first 15 months a Member's ’s admission to the Company. Thereafter, the Company will use its best efforts to honor requests for a return of capital subject to, among other things, the Company’s then available cash flow, financial condition, and approval by the ManagerGeneral Partner. The maximum aggregate amount of capital that the Company will return to the Members each calendar quarter is limited to 10% of the total outstanding capital of the Company as of December 31 of the prior year. Notwithstanding the foregoing, the Manager General Partner may, in its sole discretion, waive such withdrawal requirements if a Member is experiencing undue hardship.

Restrictions on Withdrawal Policy. No Member may withdraw within the first 15 months a Member's ’s admission to the Company. Thereafter, the Company will use its best efforts to honor requests for a return of capital subject to, among other things, the Company’s then available cash flow, financial condition, and approval by the Manager. The maximum aggregate amount of capital that the Company will return to the Members each calendar quarter is limited to 10% of the total outstanding capital of the Company as of December 31 of the prior year. Notwithstanding the foregoing, the Manager may, in its sole discretion, waive such withdrawal requirements if a Member is experiencing undue hardship.