Common use of Restrictions Relating to Capital Clause in Contracts

Restrictions Relating to Capital. The Member shall not (i) be entitled to receive interest on its capital contribution, (ii) have the right to partition the Company’s property, or (iii) be liable to the Company to restore any deficit balance in its Capital Account.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Multiband Field Services Inc)

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Restrictions Relating to Capital. The Member shall not (i) be entitled to receive interest on its capital contribution, (ii) have the right to partition the Company’s 's property, or (iii) be liable to the Company to restore any deficit balance in its Capital Account.

Appears in 1 contract

Samples: Company Agreement (Abraxas Energy Partners LP)

Restrictions Relating to Capital. The Member shall not (i) be entitled to receive interest on its capital contribution, or (ii) have the right to partition the Company’s property, or (iii) be liable to the Company to restore any deficit balance in its Capital Accountcapital account (except as may be required by the Act).

Appears in 1 contract

Samples: Limited Liability Company Agreement (Hydratight Operations, Inc.)

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Restrictions Relating to Capital. The Member shall not (i) be entitled to receive interest on its capital contributioncontributions, (ii) have the right to partition the Company’s property, or (iii) be liable to the Company to restore any deficit balance in its Capital Account.

Appears in 1 contract

Samples: Company Agreement (CST Metro LLC)

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