Return of Capital Contributions. No Member shall be entitled to withdraw any part of its Capital Contribution or its Capital Account or to receive any distribution from the Company, except as specifically provided in this Agreement. Except as otherwise provided herein, there shall be no obligation to return to any Member or former Member any part of such Member’s (or former Member’s) Capital Contribution for so long as the Company continues in existence.
Appears in 2 contracts
Samples: Limited Liability Company Operating Agreement (Ellington Financial Inc.), Limited Liability Company Operating Agreement (Ellington Financial LLC)
Return of Capital Contributions. No Member shall be entitled to withdraw any part of its Capital Contribution or its Capital Account Account, or to receive any distribution from the Company, except as specifically provided in this Agreement. Except as otherwise provided herein, there shall be no obligation to return to any Member or former Member any part of such Member’s (or former Member’s) Capital Contribution for so long as the Company continues in existence.
Appears in 2 contracts
Samples: Operating Agreement (Diversified Health & Fitness Inc), Operating Agreement (Diversified Health & Fitness Inc)
Return of Capital Contributions. No Member shall be entitled to withdraw any part of its Capital Contribution or its the Member’s Capital Account or to receive any distribution from the Company, except as specifically provided in this Agreement. Except as otherwise provided herein, there shall be no obligation exists for the Company to return to any Member or former withdrawn Member any part of such Member’s (or former Member’s) Capital Contribution for Contributions so long as the Company continues in existence.
Appears in 2 contracts
Samples: Limited Liability Company Operating Agreement (Red Oak Capital Fund VI, LLC), Limited Liability Company Operating Agreement (Red Oak Capital Fund VI, LLC)
Return of Capital Contributions. No Member shall be entitled have the right to withdraw any part of its Capital Contribution or its Capital Account Contributions or to demand and receive any distribution from property, including cash, of the Company, except . Except as may be specifically provided in this Agreement. Except as otherwise provided herein, there no Member shall be no obligation to return have the right to any Member or former Member any part Distribution in respect of such Member’s (or former Member’s) its Capital Contribution for so long as the Company continues in existenceContribution.
Appears in 2 contracts
Samples: Limited Liability Company Agreement (Armkel LLC), Limited Liability Company Agreement (Church & Dwight Co Inc /De/)
Return of Capital Contributions. No Member shall be entitled to withdraw any part of its Capital Contribution or its Capital Account or to receive any distribution from the Company, except as specifically provided in this Agreement. Except as otherwise provided herein, there shall be no obligation to return to any Member or former withdrawn Member any part of such Member’s (or former Member’s) 's Capital Contribution to the Company for so long as the Company continues in existence.
Appears in 2 contracts
Samples: Operating Agreement (Crestar Securitization LLC), Operating Agreement (CBQ Inc)
Return of Capital Contributions. No Member shall be entitled to withdraw any part of its Capital Contribution Contributions or its Capital Account or to receive any distribution from the Company, LLC except as specifically provided in this Agreement. Except as otherwise provided herein, there shall be no obligation to return to any Member or former Member any part of such Member’s (or former Member’s) Capital Contribution for so long as the Company continues in existence.
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Return of Capital Contributions. No Member shall be entitled to withdraw any part of its Capital Contribution Contributions or its Capital Account or to receive any distribution from the Company, Company except as specifically provided in this Agreement. Except as otherwise provided herein, there shall be no obligation to return to any Member or former Member any part of such Member’s (or former Member’s) Capital Contribution for so long as the Company continues in existence.
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Return of Capital Contributions. No Member shall be entitled to withdraw any part of its Capital Contribution or its Capital Account or to receive any distribution from the Company, except Except as specifically provided in this Agreement. Except as otherwise provided herein, there no Member shall be entitled to demand or receive the return of its Capital Contributions. Upon dissolution and liquidation of the Company, the Members shall look solely to the Company's assets for the return of their Capital Contributions, and no obligation Member shall be liable for such return, even if such Company assets are insufficient to return to any Member or former Member any part the full amount of such Member’s (or former Member’s) Capital Contribution for so long as the Company continues in existenceContributions.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Orion Office REIT Inc.)
Return of Capital Contributions. No Member shall be entitled to withdraw any part of its Capital Contribution or its Capital Account or to receive any distribution from the Company, except as specifically provided in this Agreement. Except as otherwise provided herein, there shall be no obligation to return to any Member or former withdrawn Member any part of such Member’s (or former Member’s) Capital Contribution for so long as the Company continues in existence.
Appears in 1 contract
Samples: Operating Agreement (StartEngine Real Estate REIT 1 LLC)
Return of Capital Contributions. No Member shall be entitled to withdraw any part of its Capital Contribution or its Capital Account Contribution, or to receive any distribution from the Company, except as specifically provided in this Agreement. Except as otherwise provided herein, there shall be no obligation to return to any Member or former Withdrawn Member any part of such Member’s (or former Member’s) Capital Contribution to the Company for so long as the Company continues in existenceto exist.
Appears in 1 contract
Samples: Subscription Agreement
Return of Capital Contributions. Except as approved by a Majority and as provided in Section 3.7, no Member shall have the right to withdraw any Capital Contributions or to demand and receive property of the Company. Except as may be specifically provided in this Agreement, no Member shall have the right to any distribution in return for its Capital Contribution. No Member shall be entitled to withdraw receive out of Company property any part of its Capital Contribution or its Capital Account or to receive any distribution from the Company, except as specifically otherwise provided in this Agreement. Except as otherwise provided herein, there shall be no obligation to return to any Member or former Member any part Agreement until all liabilities of such Member’s (or former Member’s) Capital Contribution for so long as the Company continues in existencehave been paid or there remains property of the Company sufficient to pay them.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Phone1globalwide Inc)
Return of Capital Contributions. No Neither the Members nor the Preferred Member shall be entitled to withdraw any part of its their Capital Contribution or its their Capital Account Account, or to receive any distribution from the Company, except as specifically provided in this Agreement. Except as otherwise provided herein, there shall be no obligation to return to any Member Member, the Preferred Member, or former withdrawn Member any part of such Member’s ('s or former Preferred Member’s) 's Capital Contribution to the Company for so long as the Company continues in existenceto exist.
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Return of Capital Contributions. No A Member shall be entitled will have no right to withdraw any part of its Capital Contribution Contributions or its Capital Account Account, or to receive any distribution from the CompanyLLC, except as specifically provided in accordance with the provisions of this Agreement. Except No interest shall be paid on any Capital Contributions. A Member will, however, be entitled to receive interest on any loans it makes to the LLC, as otherwise provided herein, there shall be no obligation to return to any Member or former Member any part of such Member’s (or former Member’s) Capital Contribution for so long as the Company continues in existence.
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Return of Capital Contributions. No Member shall be entitled to withdraw demand the return of any Member's Capital Account or any Capital Contribution at any particular time, except upon dissolution of the Company. No Member shall be entitled at any time to demand or receive property other than cash. Unless otherwise provided by law, no Member shall be personally liable for the return or repayment of all or any part of its Capital Contribution or its any other Member's Capital Account or Capital Contribution, it being expressly agreed that any such return of capital pursuant to receive any distribution this Agreement shall be made solely from the Company, except as specifically provided in this Agreement. Except as otherwise provided herein, there shall be no obligation to return to any Member or former Member any part assets of such Member’s (or former Member’s) Capital Contribution for so long as the Company continues in existence(which shall not include any right of contribution from any Member).
Appears in 1 contract
Samples: Limited Liability Company Agreement (Maui Land & Pineapple Co Inc)
Return of Capital Contributions. No Each Member agrees not to withdraw as a member of the Company unless specifically allowed under this Operating Agreement and, except as expressly provided in this Operating Agreement, no Member shall be entitled to withdraw the return of any part of its his or her Capital Contribution Contributions or its Capital Account or to receive any distribution from the Company, except as specifically provided be paid interest in this Agreementrespect to either his or her Capital Account or his or her Capital Contributions. Except as otherwise provided herein, there shall be no obligation to return to any Member or former Member any part of such Member’s (or former Member’s) An unreturned Capital Contribution for so long as is not a liability of the Company continues in existenceor of any Member.
Appears in 1 contract
Samples: Operating Agreement
Return of Capital Contributions. No Except as otherwise provided in this Agreement, no Member shall be entitled have any right to withdraw withdraw, demand or receive (a) any part cash or property of the Company in return of its Capital Contribution or in respect of its Capital Account Membership Interest until the dissolution of the Company or to receive (b) any distribution from the Company, except as specifically provided Company in this Agreementany form other than cash. Except as otherwise provided herein, there Additional Capital Contributions. No Member shall be no obligation required to return to make any Member or former Member any part of such Member’s (or former Member’s) capital contribution beyond its Initial Capital Contribution for so long as the Company continues in existenceContribution.
Appears in 1 contract
Samples: Operating Agreement
Return of Capital Contributions. No Member shall be entitled to withdraw any part of its Capital Contribution or its Capital Account or to receive any distribution from the Company, except as specifically provided in this Agreement. Except as otherwise provided herein, there shall be no obligation to return to any Member or former withdrawn Member any part of such Member’s (or former Member’s) Capital Contribution to the Company for so long as the Company continues in existence.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Celanese Americas CORP)
Return of Capital Contributions. No Member shall be entitled to withdraw any part of its Capital Contribution or its Capital Account or to receive any distribution from the Company, except as specifically provided in this Agreement. Except as otherwise provided herein, there shall be no obligation to return to any Member or former Member any part of such Member’s 's (or former Member’s's) Capital Contribution for so long as the Company continues in existence.
Appears in 1 contract
Samples: Limited Liability Company Operating Agreement (Arbor Realty Trust Inc)
Return of Capital Contributions. No Except as expressly provided herein, each Member agrees not to withdraw as a Member of the Company and no Member shall be entitled to withdraw the return of any part of its Capital Contribution his or its Capital Account her capital contributions or to receive any distribution from the Company, except as specifically provided be paid interest in this Agreement. Except as otherwise provided herein, there shall be no obligation respect to return to any Member his or former Member any part of such Member’s (or former Member’s) Capital Contribution for so long as the Company continues in existenceher capital contributions.
Appears in 1 contract
Samples: Operating Agreement
Return of Capital Contributions. No Except as may be specifically provided in this Agreement (including pursuant to Section 7.6): no Member shall have the right to withdraw any Capital Contributions or to demand and receive property of the Company; no Member shall have the right to any distribution in return for its Capital Contribution; and no Member shall be entitled to withdraw receive out of Company property any part of its Capital Contribution or its Capital Account or to receive any distribution from the Company, except as specifically provided in this Agreement. Except as otherwise provided herein, there shall be no obligation to return to any Member or former Member any part until all liabilities of such Member’s (or former Member’s) Capital Contribution for so long as the Company continues in existencehave been paid or provided for.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Imperial Capital Group, Inc.)
Return of Capital Contributions. No Member shall be entitled to withdraw any part of its Capital Contribution or its Capital Account Account, or to receive any distribution from the Company, except as specifically provided in this Agreement. Except as otherwise provided herein, there shall be no obligation to return to any Member or former withdrawn Member any part of such Member’s (or former Member’s) Capital Contribution to the Company for so long as the Company continues in existenceto exist.
Appears in 1 contract
Return of Capital Contributions. No Member shall be entitled to withdraw or to a return of any part portion of its Capital Contribution or its Capital Account or to receive any distribution from the CompanyContributions, except as specifically provided in Section 9.3 below. No Member shall have the right to demand and receive property other than cash in return for contributions except that upon dissolution, the Member shall be entitled to share in the distribution of remaining Assets of the Company in accordance with Article 9 of this Operating Agreement. Except as otherwise provided herein, there No Member shall be no obligation have any priority over any other Member with respect to the return to any Member or former Member any part of such Member’s (or former Member’s) the Members' Capital Contribution for so long as the Company continues in existenceContributions.
Appears in 1 contract
Samples: Operating Agreement (Snap on Inc)
Return of Capital Contributions. No Member member shall be entitled to withdraw demand the return of such Member's capital account or capital contribution at any time prior to a termination of the Company. In no event shall a Member be entitled to demand or receive property other than cash. Unless otherwise provided by law, no Member shall be personally liable for the return or repayment of all or any part of its Capital Contribution any other Member's capital account or its Capital Account or capital contribution. Rather, any such return of capital pursuant to receive any distribution this Agreement shall be made solely from the assets (which shall not include any right of contribution from a Member) of the Company, except as specifically provided in this Agreement. Except as otherwise provided herein, there shall be no obligation to return to any Member or former Member any part of such Member’s (or former Member’s) Capital Contribution for so long as the Company continues in existence.
Appears in 1 contract
Samples: Limited Liability Company Operating Agreement (Stanley-Martin Communities, LLC)
Return of Capital Contributions. No Member shall be liable for the return of any Capital Contributions made by any other Member, it being expressly understood that any such return or repayment shall be made solely from the assets of the Company. No Member shall be required to pay to the Company or to any other Member any deficit in its Capital Account upon dissolution of the Company or otherwise. No Member shall be entitled to withdraw any part of its Capital Contribution or its Capital Account or to receive any distribution from the Company, except as specifically provided in this Agreement. Except as otherwise provided herein, there shall be no obligation to return to any Member or former withdrawn Member any part of such Member’s (or former Member’s) Capital Contribution for so long as the Company continues in existence.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Montana Technologies Corp.)