Common use of Rights of Members to Capital Clause in Contracts

Rights of Members to Capital. No Member shall be entitled to interest on his or its contribution to the capital of the Company, nor shall any Member be entitled to the return of any capital of the Company except as otherwise specifically provided herein. No Member shall be liable for the return of any such amounts. No Member shall have the right to require partition of the Company’s property or to compel any sale or appraisal of the Company’s assets.

Appears in 8 contracts

Samples: Limited Liability Company Operating Agreement (FEG Absolute Access Fund I LLC), Limited Liability Company Operating Agreement (FEG Directional Access TEI Fund LLC), Limited Liability Company Operating Agreement (FEG Directional Access Fund LLC)

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Rights of Members to Capital. No Member shall be entitled to interest on his or its contribution to the capital of the Companyany Unit purchase, nor shall any Member be entitled to the return of any capital of the Company except as otherwise specifically provided herein(i) upon the repurchase by the Company of a part or all of such Member's Units pursuant to Section 4.5 hereof or (ii) upon the liquidation of the Company's assets pursuant to Section 7.2 hereof. No Member shall be liable for the return of any such amounts. No Member shall have the right to require partition of the Company’s 's property or to compel any sale or appraisal of the Company’s 's assets.

Appears in 4 contracts

Samples: Limited Liability Company Agreement (Old Mutual Absolute Return Fund, L.L.C.), Limited Liability Company Agreement (Old Mutual Absolute Return Institutional Fund, LLC), Limited Liability Company Agreement (Old Mutual Emerging Managers Fund, L.L.C.)

Rights of Members to Capital. No Member shall be entitled to interest on his or its contribution to the capital of the Companyany Share purchase, nor shall any Member be entitled to the return of any capital of the Company except as otherwise specifically provided herein(i) upon the repurchase by the Company of such Member’s Shares pursuant to Section 4.6 hereof, or (ii) upon the liquidation of the Company’s assets pursuant to Section 7.2 hereof. No Member shall be liable for the return of any such amounts. No Member shall have the right to require partition of the Company’s property or to compel any sale or appraisal of the Company’s assets.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Cadogan Opportunistic Alternatives Fund, LLC)

Rights of Members to Capital. No Member shall be entitled to interest on his or its contribution to the capital of the Companyany Capital Contribution, nor shall any Member be entitled to the return of any capital of the Company except as otherwise specifically provided hereinupon the liquidation of the Company's assets pursuant to Section 6.2 hereof. No Member shall be liable for the return of any such amounts. No Member shall have the right to require partition of the Company’s 's property or to compel any sale or appraisal of the Company’s 's assets.

Appears in 1 contract

Samples: Operating Agreement (Ing Clarion Investors LLC)

Rights of Members to Capital. No Member shall be entitled to interest on his or its contribution to the capital of the Companyany Capital Contribution, nor shall any Member be entitled to the return of any capital Capital Contribution except upon the liquidation of the Company except Company’s assets pursuant to Section 6.2 hereof. Except as otherwise specifically provided herein. No by Section 5.3 or applicable law, no Member shall be liable for the return of any such amountscapital properly paid to such Member. No Member shall have the right to require partition of the Company’s property or to compel any sale or appraisal of the Company’s assets.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Zea Capital Fund LLC)

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Rights of Members to Capital. No Member shall be entitled to interest on his or its contribution to the capital of the Companyany Capital Contribution, nor shall any Member be entitled to the return of any capital Capital Contribution except upon the liquidation of the Company except Company’s assets pursuant to Section 6.2 hereof. Except as otherwise specifically provided herein. No by applicable law, no Member shall be liable for the return of any such amountscapital properly paid to such Member. No Member shall have the right to require partition of the Company’s property or to compel any sale or appraisal of the Company’s assets.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Zea Capital Fund LLC)

Rights of Members to Capital. No Member shall be entitled to interest on his or its contribution to the capital of the Companyany Share purchase, nor shall any Member be entitled to the return of any capital of the Company except as otherwise specifically provided herein(i) upon the repurchase by the Company of such Member's Shares pursuant to Section 4.5 hereof or (ii) upon the liquidation of the Company's assets pursuant to Section 7.2 hereof. No Member shall be liable for the return of any such amounts. No Member shall have the right to require partition of the Company’s 's property or to compel any sale or appraisal of the Company’s 's assets.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Citigroup Alternative Investments Multi Adv Hedge Fu Por LLC)

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