Rights of Members to Capital. No Member shall be entitled to interest on any contribution to the capital of the Company, nor shall any Member be entitled to the return of any capital of the Company except (i) upon the repurchase by the Company of such Member's Units pursuant to Section 4.2 hereof, (ii) pursuant to the provisions of Section 5.6(c) hereof or, (iii) upon the liquidation of the Company's assets pursuant to Section 6.2 hereof. Except as provided by applicable law, no Member shall be liable for the return of any such capital properly paid to such Member pursuant to the provisions of (i), (ii) and/or (iii) of the preceding sentence. 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 5 contracts
Samples: Limited Liability Company Agreement (BlackRock Alternatives Allocation Master Portfolio LLC), Limited Liability Company Agreement (BlackRock Alternatives Allocation FB Portfolio LLC), Limited Liability Company Agreement (BlackRock Alternatives Allocation Portfolio LLC)
Rights of Members to Capital. No Member shall be entitled to interest on any contribution to the capital of the Company, nor shall any Member be entitled to the return of any capital of the Company except (i) upon the repurchase by the Company of such Member's Units Interest pursuant to Section 4.2 hereof, (ii) pursuant to the provisions of Section 5.6(c) hereof or, or (iii) upon the liquidation of the Company's assets pursuant to Section 6.2 hereof. Except as provided by applicable law, no Member shall be liable for the return of any such capital properly paid to such Member pursuant to the provisions of (i), (ii) and/or (iii) of the preceding sentence. 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 5 contracts
Samples: Limited Liability Company Agreement (BlackRock Core Alternatives Portfolio LLC), Limited Liability Company Agreement (BlackRock Core Alternatives Portfolio LLC), Limited Liability Company Agreement (BlackRock Core Alternatives FB Portfolio LLC)
Rights of Members to Capital. No Member shall be entitled to interest on any contribution to the capital of the Company, nor shall any Member be entitled to the return of any capital of the Company except (i) upon the repurchase by the Company of a part or all of such Member's Units Interest pursuant to Section 4.2 4.4 hereof, (ii) pursuant to the provisions of Section 5.6(c) hereof or, or (iii) upon the liquidation of the Company's assets pursuant to Section 6.2 hereof. Except as provided by applicable law, no No Member shall be liable for the return of any such capital properly paid to such Member amounts except pursuant to the provisions of (i), (iiSection 5.6(c) and/or (iiiand Section 5.9(b) of the preceding sentencehereof. 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 2 contracts
Samples: Limited Liability Company Agreement (Ramius IDF LLC), Limited Liability Company Agreement (Ramius IDF Master Fund LLC)
Rights of Members to Capital. No Member shall be entitled to interest on any contribution to the capital of the Company, nor shall any Member be entitled to the return of any capital of the Company except (i) upon the repurchase by the Company of such Member's Units pursuant to Section 4.2 hereof, hereof or (ii) pursuant to the provisions of Section 5.6(c) hereof or, (iii) upon the liquidation of the Company's assets pursuant to Section 6.2 hereof. Except as provided by applicable law, no Member shall be liable for the return of any such capital properly paid to such Member pursuant to the provisions of (i), (ii) and/or (iiiii) of the preceding sentence. 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 2 contracts
Samples: Limited Liability Company Agreement (BlackRock Preferred Partners LLC), Limited Liability Company Agreement (BlackRock Preferred Partners LLC)
Rights of Members to Capital. No Member shall be entitled to interest on any contribution to the capital of the Company, nor shall any Member be entitled to the return of any capital of the Company except (i) upon the repurchase by the Company of such Member's Units pursuant to Section 4.2 hereof, (ii) pursuant to the provisions of Section 5.6(c) hereof or, or (iii) upon the liquidation of the Company's assets pursuant to Section 6.2 hereof. Except as provided by applicable law, no Member shall be liable for the return of any such capital properly paid to such Member pursuant to the provisions of (i), (ii) and/or (iii) of the preceding sentence. 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 (BlackRock Core Alternatives Portfolio LLC)
Rights of Members to Capital. No Member shall be entitled to interest on any contribution to the capital of the Company, nor shall any Member be entitled to the return of any capital of the Company except (i) upon the repurchase by the Company of such Member's Units pursuant to Section 4.2 4.5 hereof, (ii) pursuant to the provisions of Section 5.6(c) hereof or, or (iii) upon the liquidation of the Company's assets pursuant to Section 6.2 hereof. Except as provided by applicable law, no Member shall be liable for the return of any such capital properly paid to such Member pursuant to the provisions of (i), (ii) and/or (iii) of the preceding sentence. 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 (Multi-Strategy Hedge Opportunities LLC)