Rights of Members. Except as otherwise provided in this Agreement, each Member shall look solely to the Property of the Company for the return of its Capital Contribution and has no right or power to demand or receive Property other than cash from the Company. If the assets of the Company remaining after payment or discharge of the debts or liabilities of the Company are insufficient to return such Capital Contribution, the Members shall have no recourse against the Company or any other Member or the Manager.
Appears in 9 contracts
Samples: Operating Agreement (Compass Group Diversified Holdings LLC), Operating Agreement (Compass Group Diversified Holdings LLC), Operating Agreement (Compass Diversified Holdings)
Rights of Members. Except as otherwise provided in this Agreement, each Member the Members shall look solely to the Property assets of the Company for the return of its their Capital Contribution Contributions and has no Member shall have any right or power to demand or receive Property property other than cash from the Company. If No Member shall have priority over any other Member as to the assets return of the Company remaining after payment his or discharge of the debts or liabilities of the Company are insufficient to return such its Capital Contribution, the Members shall have no recourse against the Company distributions or any other Member or the Managerallocations.
Appears in 9 contracts
Samples: Operating Agreement (Decrane Holdings Co), Operating Agreement (Decrane Aircraft Holdings Inc), Operating Agreement (Decrane Aircraft Holdings Inc)
Rights of Members. Except as otherwise provided in this AgreementAgreement and subject to the rights of any Member set forth in a Unit Designation, (a) each Member shall look solely to the Property of the Company Assets for the return of its Capital Contribution and has Contribution, (b) no Member shall have the right or power to demand or receive Property property other than cash from the Company. If the assets of the Company remaining after payment or discharge of the debts or liabilities of the Company are insufficient to return such Capital Contribution, the Members and (c) no Member shall have no recourse against the Company or priority over any other Member as to the return of its Capital Contributions, distributions, or the Managerallocations.
Appears in 5 contracts
Samples: Limited Liability Company Agreement (GEN Restaurant Group, Inc.), Limited Liability Company Agreement (Zevia PBC), Limited Liability Company Agreement (Zevia PBC)
Rights of Members. Except as otherwise provided in this Agreement, (a) each Member shall look solely to the Property assets of the Company for the return of its Capital Contribution and has Contribution, (b) no Member shall have the right or power to demand or receive Property property other than cash from the Company. If the assets of the Company remaining after payment or discharge of the debts or liabilities of the Company are insufficient to return such Capital Contribution, the Members and (c) no Member shall have no recourse against the Company or priority over any other Member as to the return of its Capital Contributions, distributions or the Managerallocations.
Appears in 5 contracts
Samples: Limited Liability Company Agreement (Inland Real Estate Corp), Limited Liability Company Agreement (Bre Properties Inc /Md/), Limited Liability Company Agreement (Oasis Residential Inc)
Rights of Members. Except as otherwise provided in this Agreement, each Member shall look solely to the Property of the Company for the return of its Capital Contribution Contributions and has no right or power to demand or receive Property other than cash from the Company. If the assets of the Company remaining after payment or discharge of the debts Indebtedness or other liabilities of the Company are insufficient to return such Capital ContributionContributions, the Members shall have no recourse against the Company Company, the Managing Member, or any other Member Member, except as expressly set forth herein or in the Managerother Transaction Documents.
Appears in 4 contracts
Samples: Limited Liability Company Agreement (At&t Inc.), Limited Liability Company Agreement (At&t Inc.), Limited Liability Company Agreement (At&t Inc.)
Rights of Members. Except as otherwise provided in this Agreement, each Member shall look solely to the Property assets of the Company for the return of its his Capital Contribution and has shall have no right or power to demand or receive Property other than cash property from the CompanyManaging Member. If the assets of the Company remaining after payment or discharge of the debts or liabilities of the Company are insufficient to return such Capital Contribution, the Members No Member shall have no recourse against the Company or priority over any other Member as to the return of his Capital Contributions, distributions or the Managerallocations.
Appears in 4 contracts
Samples: Limited Liability Company Agreement (Brookfield DTLA Fund Office Trust Investor Inc.), Limited Liability Company Agreement (Brookfield DTLA Fund Office Trust Investor Inc.), Limited Liability Company Agreement (Brookfield DTLA Fund Office Trust Investor Inc.)
Rights of Members. Except as otherwise provided in this Amended Agreement, each Member shall look solely to the Property of the Company for the return of its Capital Contribution and has no right or power to demand or receive Property other than cash from the Company. If the assets of the Company remaining after payment or discharge of the debts or liabilities of the Company are insufficient to return such Capital Contribution, the Members shall have no recourse against the Company or any other Member or the Manager.
Appears in 4 contracts
Samples: Operating Agreement (Macquarie Infrastructure CO LLC), Operating Agreement (Macquarie Infrastructure CO LLC), Operating Agreement (Macquarie Infrastructure CO Trust)
Rights of Members. Except as otherwise provided in this Agreement, each Member shall look solely to the Property of the Company for the return of its Capital Contribution and has no right or power to demand or receive Property other than cash from the Company. If the assets of the Company remaining after payment or discharge of the debts or liabilities of the Company are insufficient to return such Capital Contribution, the Members shall have no recourse against the Company or any other Member or the Manager.
Appears in 4 contracts
Samples: Operating Agreement (OCM HoldCo, LLC), Operating Agreement (OCM HoldCo, LLC), Limited Liability Company Agreement (Bunge LTD)
Rights of Members. Except as otherwise provided in this Agreement, each Member shall look solely to the Property of the Company for the return of its Capital Contribution investment and has no right or power to demand or receive Property other than cash from the Company. If the assets of the Company remaining after payment or discharge of the debts Debts or liabilities of the Company are insufficient to return such Capital Contributioninvestment, the Members shall have no recourse against the Company or any other Member or the ManagerDirector.
Appears in 4 contracts
Samples: Operating Agreement (Magellan Health Services Inc), Operating Agreement (Magellan Health Services Inc), Operating Agreement (Crescent Operating Inc)
Rights of Members. Except as otherwise provided in this Agreement, each Member shall look solely to the Property property of the Company for the return of its Capital Contribution or any loan he has made and has shall have no right or power to demand or receive Property property other than cash from the Company. If the assets of the Company remaining after payment or discharge of the debts or liabilities of the Company are insufficient to return any such loan or a Member’s Capital Contribution, the Members shall have no recourse against the Company or any other Member or the ManagerMember.
Appears in 4 contracts
Samples: Limited Liability Company Agreement (Caliburn International Corp), Operating Agreement (GreenSky, Inc.), Operating Agreement (GreenSky, Inc.)
Rights of Members. Except as otherwise provided in this Agreement, each Each Member shall look solely to the Property assets of the Company for the return of its Capital Contribution and has Contribution. Except as otherwise provided in this Agreement, no right or power Member shall have priority over any other Member as to demand or receive Property other than cash from the Company. If the assets return of the Company remaining after payment or discharge of the debts or liabilities of the Company are insufficient to return such its Capital Contribution, the Members shall have no recourse against the Company distributions, or any other Member or the Managerallocations.
Appears in 4 contracts
Samples: Limited Liability Company Agreement (Jamestown Invest 1, LLC), Limited Liability Company Agreement (Jamestown Invest 1, LLC), Limited Liability Company Agreement (Jamestown Atlanta Invest 1, LLC)
Rights of Members. Except as otherwise provided in this Agreement, each Member shall look solely to the Property Properties of the Company for the return of its Capital Contribution and has no right or power to demand or receive Property other than cash from the CompanyContribution. If the assets of the Company remaining after payment or discharge of the debts or liabilities of the Company are insufficient to return such Capital Contribution, the Members shall have no recourse against the Company or any other Member or the Manager.
Appears in 4 contracts
Samples: Admission of Substituted Member (Environtech Inc.), Admission of Substituted Member (Environtech Inc.), Admission of Substituted Member (Environtech Inc.)
Rights of Members. Except as otherwise provided in this Agreement, each Member shall look solely to the Property property of the Company for the return of its Capital Contribution Contributions and has no right or power to demand or receive Property property other than cash from the Company. If the assets of the Company remaining after payment or discharge of the debts or liabilities of the Company are insufficient to return such Capital ContributionContributions, the Members shall have no recourse against the Company or any other Member or the any Manager.
Appears in 4 contracts
Samples: Operating Agreement (NGA Holdco, LLC), Limited Liability Company Agreement (OCM HoldCo, LLC), Limited Liability Company Agreement (Plainfield Enterprises LLC)
Rights of Members. Except as otherwise provided in this Agreement, (a) each Member shall look solely to the Property assets of the Company for the return of its Capital Contribution Contributions, and has (b) no right or power to demand or receive Property other than cash from the Company. If the assets of the Company remaining after payment or discharge of the debts or liabilities of the Company are insufficient to return such Capital Contribution, the Members Member shall have no recourse against the Company or priority over any other Member as to the return of its Capital Contributions, distributions, or the Managerallocations.
Appears in 3 contracts
Samples: Operating Agreement, Operating Agreement (Lakes Entertainment Inc), Operating Agreement (Lakes Entertainment Inc)
Rights of Members. Except as otherwise provided in this Agreement, each Member shall look solely to the Property of the Company Company's property for the return of its Capital Contribution and has no right or power to demand or receive Property property other than cash from the Company. If , and if the assets of the Company remaining after payment or discharge of the debts or liabilities of the Company are insufficient to return such Capital Contribution, the Members a Member shall have no recourse against the Company or any the other Member or the ManagerMember.
Appears in 3 contracts
Samples: Operating Agreement (Finova Group Inc), Operating Agreement (Finova Group Inc), Operating Agreement (Leucadia National Corp)
Rights of Members. Except as otherwise provided in this Operating Agreement, each Member shall look solely to the Property of the Company for the return of its Capital Contribution Contributions and has no right or power to demand or receive Property other than cash from the Company. If the assets of the Company remaining after payment or discharge of the debts or liabilities of the Company are insufficient to return such Capital ContributionContributions, the Members shall have no recourse against the Company Company, the Manager, or any other Member or the ManagerMember.
Appears in 3 contracts
Samples: Operating Agreement, LLC Operating Agreement, Operating Agreement
Rights of Members. Except as otherwise provided herein and subject to the rights of any Member set forth in this Agreementa Membership Interest Designation, (a) each Member shall look solely to the Property assets of the Company for the return of its Capital Contribution and has Contribution, (b) no Member shall have the right or power to demand or receive Property property other than cash from the Company. If the assets of the Company remaining after payment or discharge of the debts or liabilities of the Company are insufficient to return such Capital Contribution, the Members and (c) no Member shall have no recourse against the Company or priority over any other Member as to the return of its Capital Contributions, distributions or the Managerallocations.
Appears in 3 contracts
Samples: Business Combination Agreement (ARYA Sciences Acquisition Corp IV), Business Combination Agreement (Amicus Therapeutics, Inc.), Limited Liability Company Agreement (Digital Media Solutions, Inc.)
Rights of Members. Except as otherwise specifically provided in this Agreement, each Member shall look solely to the Property of the Company Assets for the return of its Capital Contribution and has repayment of any loans owned to it by the Company or a Subsidiary to the extent provided in this Agreement and shall have no right or power to demand or receive Property property other than cash from the CompanyCompany or a Subsidiary to the extent provided in this Agreement. If Except as specifically provided in this Agreement, no Member shall have priority over any other Member as to the assets return of its Capital Contributions, distributions or allocations. No Member has any ownership interest in any Company Assets and the Company remaining after payment or discharge Interest of the debts or liabilities of the Company are insufficient to return such Capital Contribution, the Members shall have no recourse against the Company or any other Member or the Managerbe personal property for all purposes.
Appears in 3 contracts
Samples: Limited Liability Company Agreement (Skechers Usa Inc), Limited Liability Company Agreement (Skechers Usa Inc), Limited Liability Company Agreement (Skechers Usa Inc)
Rights of Members. Except as otherwise provided in this Agreement and Article X of the Purchase Agreement, each Member shall look solely to the Property assets of the Company for the return of its Capital Contribution capital contribution and has shall have no right or power to demand or receive Property assets other than cash from the Company. If the assets of the Company remaining after payment or discharge of the debts or liabilities of the Company are insufficient to return such Capital Contribution, the Members No Member shall have no recourse against the Company or priority over any other Member as to the return of its capital contributions, distributions, or the Managerallocations, except as expressly provided in this Agreement.
Appears in 3 contracts
Samples: Limited Liability Company Agreement (GoDaddy Inc.), Limited Liability Company Agreement (GoDaddy Inc.), Limited Liability Company Agreement (GoDaddy Inc.)
Rights of Members. Except as otherwise provided in this Agreement, (a) each Member shall will look solely to the Property assets of the Company for the return of its Capital Contribution and has will have no right or power to demand or receive Property property other than cash from the Company. If the assets of the Company remaining after payment or discharge of the debts or liabilities of the Company are insufficient to return such Capital Contribution, the Members shall and (b) no Member will have no recourse against the Company or priority over any other Member as to the return of its Capital Contributions, distributions, or the Managerallocations.
Appears in 2 contracts
Samples: Operating Agreement (Life Time Fitness Inc), Operating Agreement (Life Time Fitness Inc)
Rights of Members. Except as otherwise provided in by this Agreement, (a) each Member shall look solely to the Property assets of the Company for the return of its Capital Contribution and has shall have no right or power to demand or receive Property property other than cash from the Company. If the assets of the Company remaining after payment or discharge of the debts or liabilities of the Company are insufficient to return such Capital Contribution, the Members and (b) no Member shall have no recourse against the Company or priority over any other Member as to the return of its Capital Contributions, distributions or the Managerallocations.
Appears in 2 contracts
Samples: Operating Agreement (Rouge Industries Inc), Operating Agreement (Rouge Industries Inc)
Rights of Members. Except as otherwise provided in this Agreement, each Member shall look solely to the Company Property of the Company for the return of its Capital Contribution and has no right or power to demand or receive Company Property other than cash from the Companycash. If the assets of the Company remaining after payment or discharge of the debts or liabilities of the Company are insufficient to return such Capital Contribution, the Members shall have no recourse against the Company or any other Member or the ManagerMember.
Appears in 2 contracts
Samples: Operating Agreement (Valcent Products Inc.), Operating Agreement (Global Green Solutions Inc.)
Rights of Members. Except as otherwise provided in this Agreement, each Member shall look solely to the Property of the Company for the return of its Capital Contribution and has no right or power to demand or receive Property other than cash from the Company. If the assets of the Company remaining after payment or discharge of the debts or liabilities of the Company are insufficient to return such Capital Contribution, the Members shall have no recourse against the Company Company, the Manager or any other Member or the ManagerMember.
Appears in 2 contracts
Samples: Operating Agreement (Pepco Holdings Inc), Operating Agreement (Pepco Holdings Inc)
Rights of Members. Except as otherwise provided in this Agreement, each Each Member shall look solely to the Company Property of the Company for the return of its Capital Contribution and has and, except as otherwise provided in Section 12.9, shall have no right or power to demand or receive Property property other than cash Cash from the Company. If the assets of the Company remaining after payment or discharge of the debts or liabilities of the Company are insufficient to return such Capital Contribution, the Members shall have no recourse against the Company or any other Member or the Manager.
Appears in 2 contracts
Samples: Limited Liability Company Agreement (APT Sunshine State LLC), Limited Liability Company Agreement (Resource America Inc)
Rights of Members. Except as otherwise provided in this Agreement, each Member shall look solely to the Property assets of the Company for the return of its Capital Contribution Contributions and has shall have no right or power to demand or receive Property property other than cash from the Company. If the assets of the Company remaining after payment or discharge of the debts or liabilities of the Company are insufficient to return such Capital ContributionExcept as otherwise provided in this Agreement, the Members no Member shall have no recourse against the Company or priority over any other Member as to the return of its Capital Contributions, distributions, or the Managerallocations.
Appears in 2 contracts
Samples: Limited Liability Company Agreement (Nexpoint Diversified Real Estate Trust), Limited Liability Company Agreement (Reckson Operating Partnership Lp)
Rights of Members. Except as otherwise provided in this Agreement or the Master Offset Agreement, each Member shall look solely to the Property of the Company for the return of its Capital Contribution Contributions and has no right or power to demand or receive Property other than cash from the Company. If the assets of the Company remaining after payment or discharge of the debts Debts or liabilities Liabilities of the Company are insufficient to return such Capital ContributionContributions, the Members shall have no recourse against the Company Company, the Managing Member or any other Member or the ManagerMember.
Appears in 2 contracts
Samples: Operating Agreement (Atlas Pipeline Partners Lp), Operating Agreement (Atlas Pipeline Partners Lp)
Rights of Members. Except as otherwise provided in this Agreement, (a) each Member shall look solely to the Property assets of the Company for the return of its Capital Contribution and has shall have no right or power to demand or receive Property property other than cash from the Company. If the assets of the Company remaining after payment or discharge of the debts or liabilities of the Company are insufficient to return such Capital Contribution, the Members and (b) no Member shall have no recourse against the Company or priority over any other Member as to the return of its Capital Contributions, distributions, or the Managerallocations.
Appears in 2 contracts
Samples: Operating Agreement (Floridian Financial Group Inc), Operating Agreement (Floridian Financial Group Inc)
Rights of Members. Except as otherwise provided in this Agreement, each Each Member shall look solely to the Property of the Company for the return of its Capital Contribution and has and, except as otherwise provided in Section 12.10 hereof, shall have no right or power to demand or receive Property property other than cash from the Company. If the assets of the Company remaining after payment or discharge of the debts or liabilities of the Company are insufficient to return such Capital Contribution, the Members shall have no recourse against the Company or any other Member or the Manager.
Appears in 2 contracts
Samples: Agreement of Limited Liability Company (Ims Health Inc), Limited Liability Company Agreement (Ims Health Inc)
Rights of Members. Except as otherwise provided in this Agreement, each Member shall look solely to the Property assets of the Company LLC for the return of its Capital Contribution Contributions and has shall have no right or power to demand or receive Property property other than cash from the CompanyLLC. If the assets of the Company remaining after payment or discharge of the debts or liabilities of the Company are insufficient to return such Capital ContributionExcept as otherwise provided in this Agreement, the Members no Member shall have no recourse against the Company or priority over any other Member as to the return of its Capital Contributions, distributions, or the Managerallocations.
Appears in 2 contracts
Samples: Limited Liability Company Agreement (Kimco Realty Corp), Limited Liability Company Agreement (Kimco Realty Corp)
Rights of Members. Except as otherwise provided in this Agreement, (i) each Member shall look solely to the Property assets of the Company for the return of its Capital Contribution Contributions and has (ii) no right or power to demand or receive Property other than cash from the Company. If the assets of the Company remaining after payment or discharge of the debts or liabilities of the Company are insufficient to return such Capital Contribution, the Members Member shall have no recourse against the Company or priority over any other Member as to the return of its Capital Contributions, distributions or the Managerallocations.
Appears in 2 contracts
Samples: Limited Liability Company Agreement (Rice Acquisition Corp. II), Limited Liability Company Agreement (Rice Acquisition Corp. II)
Rights of Members. Except as otherwise provided in this Agreement, each Member shall look solely to the Property property of the Company for the return of its Capital Contribution and has no right or power to demand or receive Property property other than cash from the Company. If the assets of the Company remaining after payment or discharge of the debts or liabilities of the Company are insufficient to return such Capital Contribution, the Members shall have no recourse against the Company or any other Member Member, Manager or the ManagerOfficer.
Appears in 2 contracts
Samples: Operating Agreement (Anworth Mortgage Asset Corp), Operating Agreement (Lodgenet Entertainment Corp)
Rights of Members. Except as otherwise provided in this Agreement, each Member the Members shall look solely to the Property assets of the Company for the return of its their Capital Contribution Contributions and has shall have no right or power to demand or receive Property property other than cash from the Company. If the assets of the Company remaining after payment or discharge of the debts or liabilities of the Company are insufficient to return such Capital Contribution, the Members shall have no recourse against the Company or any other Member or the Manager.
Appears in 2 contracts
Samples: Operating Agreement (Environtech Inc.), Operating Agreement (Columbia Equity Trust, Inc.)
Rights of Members. Except as otherwise provided in this Agreement, each Member shall look solely to the Property of the Company for the return of its Capital Contribution investment and has no right or power to demand or receive Property other than cash from the Company. If the assets of the Company remaining after payment or discharge of the debts Debts or liabilities of the Company are insufficient to return such Capital Contributioninvestment, the Members shall have no recourse against the Company or any other Member or the ManagerManaging Member.
Appears in 1 contract
Rights of Members. Except as otherwise provided in this Agreement, each Each Member shall look solely to the Company Property of the Company for the return of its Capital Contribution and has shall have no right or power to demand or receive Property property other than cash from the Company. If the assets of the Company remaining after payment or discharge of the debts or liabilities of the Company are insufficient to return such Capital Contribution, the Members shall have no recourse against the Company or any other Member or the Manager.
Appears in 1 contract
Samples: Company Agreement (Calair LLC)
Rights of Members. Except as otherwise provided in this Agreement, (a) each Member shall look solely to the Property assets of the Company for the return of its the Member’s Capital Contribution and has shall have no right or power to demand or receive Property property other than cash from the Company. If , and (b) no Member shall have priority over any other Member as to the assets return of the Company remaining after payment or discharge of the debts or liabilities of the Company are insufficient to return such Member’s Capital Contribution, the Members shall have no recourse against the Company distributions or any other Member or the Managerallocations.
Appears in 1 contract
Samples: Membership Interest Purchase Agreement (MJ Holdings, Inc.)
Rights of Members. Except as otherwise provided in this ----------------- Agreement, (a) each Member shall look solely to the Property assets of the Company for the return of its Capital Contribution Contributions, and has (b) no right or power to demand or receive Property other than cash from the Company. If the assets of the Company remaining after payment or discharge of the debts or liabilities of the Company are insufficient to return such Capital Contribution, the Members Member shall have no recourse against the Company or priority over any other Member as to the return of its Capital Contributions, distributions, or the Managerallocations as a Member.
Appears in 1 contract
Samples: Limited Liability Company Agreement (St John Knits Inc)
Rights of Members. Except as otherwise provided in this Agreement, each Member shall look solely to the Property assets of the Company for the return of its his or her Capital Contribution and has shall have no right or power to demand or receive Property property other than cash from the Company. If the assets of the Company remaining after payment or discharge of the debts or liabilities of the Company are insufficient to return such Capital Contribution, the Members No Member shall have no recourse against the Company or priority over any other Member as to the return of his Capital Contributions, distributions, or the Managerallocations.
Appears in 1 contract
Samples: Operating Agreement
Rights of Members. Except as otherwise specifically provided in this Agreement, each Member shall look solely to the Property assets of the Company for the return of its his Capital Contribution and has shall have no right or power to demand or receive Property property other than cash from the Company. If the assets of the Company remaining after payment or discharge of the debts or liabilities of the Company are insufficient to return such Capital ContributionExcept as specifically provided in this Agreement, the Members no Member shall have no recourse against the Company or priority over any other Member as to the return of his Capital Contributions, distributions, or the Managerallocations.
Appears in 1 contract
Rights of Members. Except as otherwise provided in this Agreement, (a) each Member partner shall look solely to the Property assets of the Company for the return of its Capital Contribution Contributions and has shall have no right or power to demand or receive Property property other than cash from the Company. If the assets of the Company remaining after payment or discharge of the debts or liabilities of the Company are insufficient to return such Capital Contribution, the Members and (b) no Member shall have no recourse against the Company or priority over any other Member as to the return of its Capital Contributions, distributions, or the Managerallocations.
Appears in 1 contract
Rights of Members. Except as otherwise provided in this Agreement, each Each Member shall look solely to the Property assets of the Company for the return of his, her or its Capital Contribution Contributions, and has except as set forth above, no right or power to demand or receive Property other than cash from the Company. If the assets of the Company remaining after payment or discharge of the debts or liabilities of the Company are insufficient to return such Capital Contribution, the Members Member shall have no recourse against the Company or priority over any other Member as to the return of his, her or the Managerits Capital Contributions, distributions, or allocations.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Calavo Growers Inc)
Rights of Members. Except as otherwise provided in this Agreement, each Each Member shall look solely to the Property assets of the Company for the return of its such Member's Capital Contribution and has shall have no right or power to demand or receive Property property other than cash from the Company. If the assets of the Company remaining after payment or discharge of the debts or liabilities of the Company are insufficient to return such Capital Contribution, the Members and no Member shall have no recourse against the Company or any other Member or the Manager.priority over any
Appears in 1 contract
Samples: Operating Agreement
Rights of Members. Except as otherwise provided in this Agreement, (a) each Member shall look solely to the Property assets of the Company for the return of its Capital Contribution and has Contribution, (b) no Member shall have the right or power to demand or receive Property property other than cash from the Company. If , and (c) no Member (other than any Member who holds Membership Units granted a priority designation in accordance with the assets provisions of the Company remaining after payment or discharge of the debts or liabilities of the Company are insufficient to return such Capital Contribution, the Members this Agreement) shall have no recourse against the Company or priority over any other Member as to the return of its Capital Contributions, distributions or the Managerallocations.
Appears in 1 contract
Samples: Limited Liability Company Operating Agreement (Reliance Real Estate Trust, LLC)
Rights of Members. Except as otherwise provided in this Agreement, each Member shall look solely to the Property assets of the Company for the return of its Capital Contribution Contributions and has shall have no right or power to demand or receive Property assets other than cash from the Company. If the assets of the Company remaining after payment or discharge of the debts or liabilities of the Company are insufficient to return such Capital ContributionContributions, the Members shall have no recourse against the Company Company, the Managing Member or any other Member or the ManagerMember.
Appears in 1 contract
Samples: Limited Liability Company Agreement (BRT Realty Trust)
Rights of Members. Except as otherwise provided in this Agreement, each ,
(a) Each Member shall look solely to the Property assets of the Company for the return of its Capital Contribution Contributions and has shall have no right or power to demand or receive Property property other than cash from the Company. If the assets of the Company remaining after payment or discharge of the debts or liabilities of the Company are insufficient to return such Capital Contribution, the Members and
(b) No Member shall have no recourse against the Company or priority over any other Member as to the return of Contributions, distributions, or the Managerallocations.
Appears in 1 contract
Samples: Appendices
Rights of Members. Except as otherwise provided in this Agreement, each Member shall look solely to the Property assets of the Company for the return of its his Capital Contribution and has shall have no right or power to demand or receive Property property other than cash from the Company. If the assets of the Company remaining after payment or discharge of the debts or liabilities of the Company are insufficient to return such Capital Contribution, the Members No Member shall have no recourse against the Company or priority over any other Member or as to the Managerreturn of his Capital Contributions, distributions or, except as provided in Article 7 hereof, allocations.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Spectran Corp)
Rights of Members. Except as otherwise provided in this Agreement, (a) each Member shall look solely to the Property assets of the Company for the return of its Capital Contribution Contributions and has shall have no right or power to demand or receive Property property other than cash from the Company. If the assets of the Company remaining after payment or discharge of the debts or liabilities of the Company are insufficient to return such Capital Contribution, the Members and (b) no Member shall have no recourse against the Company or priority over any other Member as to the return of its Capital Contributions, distributions, or the Managerallocations.
Appears in 1 contract
Samples: Operating Agreement (HSI IP, Inc.)
Rights of Members. Except as otherwise provided in this Agreement, (a) each Member shall look solely to the Property assets of the Company for the return of its Capital Contribution and has Contribution, (b) no Member shall have the right or power to demand or receive Property property other than cash from the Company. If , and (c) no Member (other than any Member who holds Preferred Units, to the assets of extent specifically set forth herein and in the Company remaining after payment or discharge of the debts or liabilities of the Company are insufficient to return such Capital Contribution, the Members applicable Unit Designation) shall have no recourse against the Company or priority over any other Member as to the return of its Capital Contributions, distributions or the Managerprofits, if any.
Appears in 1 contract
Rights of Members. Except as otherwise provided in this Agreement, (a) each Member shall look solely to the Property assets of the Company for the return of its Capital Contribution and has shall have no right or power to demand or receive Property property other than cash from the Company. If Company in accordance with the assets of the Company remaining after payment or discharge of the debts or liabilities of the Company are insufficient to return such Capital Contributionterms hereof, the Members and (b) no Member shall have no recourse against the Company or priority over any other Member as to the return of its Capital Contributions, distributions, or the Managerallocations.
Appears in 1 contract
Samples: Operating Agreement
Rights of Members. Except as otherwise provided in this Agreement, (a) each Member shall look solely to the Property assets of the Company for the return of its Capital Contribution and has shall have no right or power to demand or receive Property property other than cash from the Company. If the assets of the Company remaining after payment or discharge of the debts or liabilities of the Company are insufficient to return such Capital Contribution, the Members and (b) no Member shall have no recourse against the Company or priority over any other Member as to the return of its Capital Contributions, distributions or the Managerallocations.
Appears in 1 contract
Samples: Operating Agreement (Rock Tenn Co)
Rights of Members. Except as otherwise provided in this Agreement, ,
a. each Member shall look solely to the Property assets of the Company for the return of its Capital Contribution contributions and has shall have no right or power to demand or receive Property property other than cash from the Company. If the assets of the Company remaining after payment or discharge of the debts or liabilities of the Company are insufficient to return such Capital Contribution, the Members and
b. no Member shall have no recourse against the Company or priority over any other Member as to the return of contributions, distributions or the Managerallocations.
Appears in 1 contract
Rights of Members. Except as otherwise provided in this Agreement, each Member shall look solely to the Property assets of the Company for the return of its the Member's Capital Contribution Contributions and has shall have no right or power to demand or receive Property property other than cash from the Company. If the assets of the Company remaining after payment or discharge of the debts or liabilities of the Company are insufficient to return such Capital Contribution, the Members No Member shall have no recourse against the Company or priority over any other Member as to the return of the Member's Capital Contributions, distributions, or the Managerallocations unless otherwise provided in this Agreement.
Appears in 1 contract
Rights of Members. Except as otherwise provided in this Agreement, each Member shall look solely to the Property of the Company for the return of its Capital Contribution and has no right or power to demand or receive Property other than cash from the Company. If the assets of the Company remaining after payment or discharge of the debts or liabilities of the Company are insufficient to return such Capital Contribution, the Members shall have no recourse against the Company or any other Member or the ManagerMember.
Appears in 1 contract
Rights of Members. Except as otherwise provided in this Agreement, each Member shall look solely to the Property of the Company for the return of its Capital Contribution rights to Distributions and has no right or power to demand or receive Property other than cash from the Company. If the assets of the Company remaining after payment or discharge of the debts or liabilities of the Company are insufficient to return such Capital Contribution, the Members shall have no recourse against the Company or any other Member or the ManagerMember.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Lakes Entertainment Inc)
Rights of Members. Except as otherwise provided in this Agreement, each Member shall look solely to the Property assets of the Company for the return of its Capital Contribution capital contributions and has shall have no right or power to demand or receive Property property other than cash from the Company. If the assets of the Company remaining after payment or discharge of the debts or liabilities of the Company are insufficient to return such Capital Contribution, the Members shall have no recourse against the Company or any other Member or the Manager.
Appears in 1 contract
Samples: Joint Venture Agreement (Cymer Inc)
Rights of Members. Except as otherwise provided in this Agreement, each Member shall look solely to the Property assets of the Company for the return of its Capital Contribution his capital contribution and has shall have no right or power to demand or receive Property other than cash property from the CompanyManaging Member. If the assets of the Company remaining after payment or discharge of the debts or liabilities of the Company are insufficient to return such Capital Contribution, the Members No Member shall have no recourse against the Company or priority over any other Member as to the return of his capital contributions, distributions or the Managerallocations.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Brookfield DTLA Fund Office Trust Investor Inc.)
Rights of Members. Except as otherwise provided in this Agreement, each Member shall look solely to the Property assets of the Company for the return of its Capital Contribution and has shall have no right or power to demand or receive Property assets other than cash from the Company. If the assets of the Company remaining after payment or discharge of the debts or liabilities of the Company are insufficient to return such Capital ContributionExcept as provided herein, the Members no Member shall have no recourse against the Company or priority over any other Member as to the return of its Capital Contributions or the Managerdistributions, except as expressly provided in this Agreement.
Appears in 1 contract
Rights of Members. Except as otherwise provided in this Agreement, each Each Member shall look solely to the Property assets of the Company for the return of its Capital Contribution and has Contribution. Except as otherwise provided in this Agreement, no right or power Member shall have priority over any other Member as to demand or receive Property other than cash from the Company. If the assets return of the Company remaining after payment or discharge of the debts or liabilities of the Company are insufficient to return such its Capital Contribution, the Members shall have no recourse against the Company Distributions, or any other Member or the Managerallocations.
Appears in 1 contract
Samples: Operating Agreement (Roots Real Estate Investment Community I, LLC)
Rights of Members. Except as otherwise provided in this Agreement, each (a) the Member shall look solely to the Property assets of the Company for the return of its Capital Contribution Contributions and has shall have no right or power to demand or receive Property property other than cash from the Company. If the assets of the Company remaining after payment or discharge of the debts or liabilities of the Company and (b) if there are insufficient to return multiple Members at such Capital Contributiontime, the Members no Member shall have no recourse against the Company or priority over any other Member as to the return of its Capital Contributions, distributions, or the Managerallocations.
Appears in 1 contract
Rights of Members. Except as otherwise provided in this Agreement, ,
A. each Member shall look solely to the Property assets of the Company for the return of its Capital Contribution contributions and has shall have no right or power to demand or receive Property property other than cash from the Company. If the assets of the Company remaining after payment or discharge of the debts or liabilities of the Company are insufficient to return such Capital Contribution, the Members and
B. no Member shall have no recourse against the Company or priority over any other Member as to the return of contributions, distributions or the Managerallocations.
Appears in 1 contract
Rights of Members. Except as otherwise provided in this ----------------- Agreement, (a) each Member shall look solely to the Property assets of the Company for the return of its Capital Contribution and has shall have no right or power to demand or receive Property property other than cash from the Company. If the assets of the Company remaining after payment or discharge of the debts or liabilities of the Company are insufficient to return such Capital Contribution, the Members and (b) no Member shall have no recourse against the Company or priority over any other Member as to the return of its Capital Contributions, distributions, or the Managerallocations.
Appears in 1 contract
Samples: Operating Agreement (Sempra Energy)
Rights of Members. Except as otherwise provided in this Agreement, each Member shall look solely to the Property of the Company for the return of its Capital Contribution and has no right or power to demand or receive Property other than cash from the Company. If the assets of the Company remaining after payment or discharge of the debts Debts or liabilities of the Company are insufficient to return such Capital Contribution, the Members shall have no recourse against the Company or any other Member or the ManagerMember.
Appears in 1 contract
Samples: Limited Liability Company Agreement (MCI Income Fund VII, LLC)
Rights of Members. Except as otherwise provided in this Agreement, (a) each Member shall look solely to the Property assets of the Company for the return of its Capital Contribution and has Contribution, (b) no Member shall have the right or power to demand or receive Property property other than cash from the Company. If the assets of the Company remaining after payment or discharge of the debts or liabilities of the Company are insufficient to return such Capital Contribution, the Members shall have no recourse against the Company or any other Member or the Manager.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Pan Pacific Retail Properties Inc)
Rights of Members. Except as otherwise provided in this Agreement, each Member shall will look solely to the Property assets of the Company for the return of its Capital Contribution and has will have no right or power to demand or receive Property property other than cash from the Company. If the assets of the Company remaining after payment or discharge of the debts or liabilities of the Company are insufficient to return such Capital Contribution, the Members shall have no recourse against the Company or any other Member or the Manager.
Appears in 1 contract
Rights of Members. Except as otherwise provided in this Agreement, each Member shall look solely to the Property of the Company for the return of its Capital Contribution and has no right or power to demand or receive Property other than cash from the Company. If the assets of the Company remaining after payment or discharge of the debts or liabilities of the Company are insufficient to return such Capital Contribution, then the Members shall have no recourse against the Company or any other Member or the Manager.
Appears in 1 contract
Samples: Operating Agreement
Rights of Members. Except as otherwise provided in this Agreement, (a) each Member shall look solely to the Property assets of the Company for the return of its his Capital Contribution and has shall have no right or power to demand or receive Property property other than cash from the Company. If the assets of the Company remaining after payment or discharge of the debts or liabilities of the Company are insufficient to return such Capital Contribution, the Members and (b) no Member shall have no recourse against the Company or priority over any other Member as to the return of his Capital Contributions or the Managerpayment of Dividends by the Company.
Appears in 1 contract
Samples: Operating Agreement (Long Island Physician Holdings Corp)
Rights of Members. Except as otherwise provided in this Agreement, each Member shall look solely to the Property assets of the Company for the return of its Capital Contribution Contributions and has shall have no right or power to demand or receive Property property other than cash from the Company. If the assets of the Company remaining after payment or discharge of the debts or liabilities of the Company are insufficient to return such Capital ContributionExcept as otherwise expressly provided in this Agreement, the Members no Member shall have no recourse against the Company or priority over any other Member as to the return of its Capital Contributions, distributions, or the Managerallocations.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Welltower OP LLC)
Rights of Members. Except as otherwise provided in this Agreement, each Member shall look solely to the Property of the Company for the return of its such Member’s Capital Contribution Contributions and has shall have no right or power to demand or receive Property Property, other than cash cash, from the Company. If the assets of the Company remaining after payment or discharge of the debts Debts or other liabilities of the Company are insufficient to return a Member’s Capital Contributions, such Capital Contribution, the Members Member shall have no recourse against the Company Company, the Manager, or any other Member or the ManagerMember.
Appears in 1 contract
Samples: Limited Liability Company Operating Agreement (New England Realty Associates Limited Partnership)
Rights of Members. Except as otherwise specifically provided in this Agreement, Agreement each Member shall look solely to the Property assets of the Company for the return of its his Capital Contribution and has shall have no right or power to demand or receive Property property other than cash from the Company. If the assets of the Company remaining after payment or discharge of the debts or liabilities of the Company are insufficient to return such Capital ContributionExcept as specifically provided in this Agreement, the Members no Member shall have no recourse against the Company or priority over any other Member as to the return of his Capital Contributions, distributions, or the Managerallocations.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Tarragon Realty Investors Inc)
Rights of Members. Except as otherwise provided in this Agreement, each Member shall look solely to the Property assets of the Company for the return of its Capital Contribution Invested Capital, if so entitled, and has shall have no right or power to demand or receive Property property other than cash from the Company. If the assets of the Company remaining after payment or discharge of the debts or liabilities of the Company are insufficient to return such Capital Contribution, the Members shall have no recourse against the Company or any other Member or the Manager.
Appears in 1 contract
Samples: Operating Agreement
Rights of Members. Except as otherwise provided in this Agreement, each Member shall look solely to the Property of the Company Company's property for the return of its Capital Contribution and has no right or power to demand or receive Property property other than cash from the Company. If the assets of the Company remaining after payment or discharge of the debts or liabilities of the Company are insufficient to return such Capital Contribution, the Members a Member shall have no recourse against the Company or any the other Member or the ManagerMember.
Appears in 1 contract
Rights of Members. Except as otherwise provided in this Agreement, each Member shall look solely to the Property assets of the Company for the return of its Capital Contribution his capital contributions and has shall have no right or power to demand or receive Property property other than cash from the Company. If the assets of the Company remaining after payment or discharge of the debts or liabilities of the Company are insufficient to return such Capital Contribution, the Members No Member shall have no recourse against the Company or priority over any other Member as to the return of his capital contributions, distributions, or the Managerallocations unless otherwise provided in this Agreement.
Appears in 1 contract
Samples: Equity Purchase Agreement (True Nature Holding, Inc.)
Rights of Members. Except as otherwise provided in this Agreement, each Member shall look solely to the Property property of the Company for the return of its his or her Capital Contribution and has no right or power to demand or receive Property property other than cash from the Company. If the assets of the Company remaining after payment or discharge of the debts or liabilities of the Company are insufficient to return such Capital Contribution, the Members shall have no recourse against the Company or any other Member or the Manager.
Appears in 1 contract
Rights of Members. Except as otherwise provided in this Agreement, each Member shall look solely to the Property of the Company for the return of its Capital Contribution investment and has no right or power to demand or receive Property other than cash from the Company. If the assets of the Company remaining after payment or discharge of the debts Debts or liabilities of the Company are insufficient to return such Capital Contributioninvestment, the Members shall have no recourse against the Company or any other Member or the Manager.
Appears in 1 contract
Rights of Members. Except as otherwise provided in this Agreement, each Member shall look solely to the Property of the Company for the return of its Capital Contribution and has no right or power to demand or receive Property other than cash from the Company. If the assets of the Company remaining after payment or discharge of the debts or liabilities of the Company are insufficient to return such Capital Contribution, the Members Member shall have no recourse against the Company or any other Member or the Manager.
Appears in 1 contract
Rights of Members. Except as otherwise provided in this Agreement, (a) each Member shall look solely to the Property assets of the Company for the return of its his Capital Contribution Contributions and has shall have no right or power to demand or receive Property property other than cash from the Company. If the assets of the Company remaining after payment or discharge of the debts or liabilities of the Company are insufficient to return such Capital Contribution, the Members and (b) no Member shall have no recourse against the Company or priority over any other Member as to the return of its Capital Contributions, distributions, or the Managerallocations.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Gc Net Lease Reit, Inc.)
Rights of Members. Except as otherwise provided in this Agreement, each Member shall look solely to the Property assets of the Company for the return of its his Capital Contribution and has no right or power to demand or receive Property assets other than cash from the Company. If the assets of the Company remaining after payment or discharge of the debts or liabilities of the Company are insufficient to return such Capital Contribution, the Members shall have no recourse against the Company or any other Member or the ManagerMember.
Appears in 1 contract
Rights of Members. Except as otherwise provided in this Agreement, each Each Member shall look solely to the Property assets of the Company for the return of its Capital Contribution and has capital contributions (if any), and, except as expressly provided in this Agreement, no right or power to demand or receive Property other than cash from the Company. If the assets of the Company remaining after payment or discharge of the debts or liabilities of the Company are insufficient to return such Capital Contribution, the Members Member shall have no recourse against the Company or priority over any other Member as to the return of its capital contributions, distributions, or the Managerallocations.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Calumet Specialty Products Partners, L.P.)
Rights of Members. Except as otherwise provided in this Agreement, each Member shall look solely to the Property of the Company for the return of its Capital Contribution and has no right or power to demand or receive Property other than cash from the Company. If the assets of the Company remaining after payment or discharge of the debts or liabilities of the Company are insufficient to return such Capital Contribution, the Members shall have no recourse against the Company or any other Member or Manager for the Managerdeficiency.
Appears in 1 contract
Rights of Members. Except as otherwise provided in this AgreementAgreement or the Loan Documents, (i) each Member shall look solely to the Property assets of the Company for the return of its such Member’s Capital Contribution and has Company obligations owed to such Member, and shall have no right or power to demand or receive Property property other than cash from the Company. If the assets of the Company remaining after payment or discharge of the debts or liabilities of the Company are insufficient to return such Capital Contribution, the Members and (ii) no Member shall have no recourse against the Company or priority over any other Member as to the return of such Member’s Capital Contributions, payments, distributions or the Managerallocations.
Appears in 1 contract
Samples: Operating Agreement (Cornerstone Core Properties REIT, Inc.)
Rights of Members. Except as otherwise provided in this Agreement, each Member shall look solely to the Property of the Company for the return of its Capital Contribution investment and has no right or power to demand or receive Property other than cash from the Company. If the assets of the Company remaining after payment or discharge of the debts Debts or liabilities of the Company are insufficient to return such Capital Contributioninvestment, the Members shall have no recourse against the Company or any other Member or the Manager.. 49 _____________________________________________________________________________
Appears in 1 contract
Rights of Members. Except as otherwise provided in this Agreement, each Member shall look solely to the Property assets of the Company for the return of its Capital Contribution and has shall have no right or power to demand or receive Property property other than cash from the Company. If the assets of the Company remaining after payment or discharge of the debts or liabilities of the Company are insufficient to return such Capital Contribution, the Members No Member shall have no recourse against the Company or priority over any other Member as to the return of its Capital Contributions, distributions, or the Managerallocations, except as expressly provided in this Agreement.
Appears in 1 contract
Samples: Operating Agreement (Eloyalty Corp)
Rights of Members. Except as otherwise provided in this Agreement, (a) each Member shall will look solely to the Property assets of the Company for the return of its Capital Contribution and has will have no right or power to demand or receive Property property other than cash Blockstack Tokens from the Company. If , and (b) no Member will have priority over any other Member as to the assets return of the Company remaining after payment or discharge of the debts or liabilities of the Company are insufficient to return such its Capital Contribution, the Members shall have no recourse against the Company distributions or any other Member or the Managerallocations.
Appears in 1 contract
Rights of Members. Except as otherwise provided in this Agreement, each Member shall look solely to the Property of the Company Company's property for the return of its Capital Contribution and has no right or power to demand or receive Property property other than cash from the Company. If , and if the assets of the Company remaining after payment or discharge of the debts or liabilities of the Company are insufficient to return such Capital Contribution, the Members a Member shall have no recourse against the Company or any other Member Company, the Manager or the Managerother Members.
Appears in 1 contract