Rights of Members. Except as otherwise provided in this Agreement, each Member shall look solely to the Properties of the Company for the return of its Capital Contribution. 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.
Appears in 4 contracts
Samples: Limited Liability Company Agreement (Environtech Inc.), Limited Liability Company Agreement (Environtech Inc.), Limited Liability Company Agreement (Environtech Inc.)
Rights of Members. Except as otherwise provided in this Agreement, each Member shall look solely to the Properties Property of the Company for the return of its Capital Contributioninvestment 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 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 Properties property of the Company for the return of its Capital ContributionContributions 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 or any other Member or any Manager.
Appears in 4 contracts
Samples: Operating Agreement (NGA Holdco, LLC), Operating Agreement (NGA Holdco, LLC), Limited Liability Company Agreement (Plainfield Enterprises LLC)
Rights of Members. Except as otherwise provided in this Amended Agreement, each Member shall look solely to the Properties Property of the Company for the return of its Capital ContributionContribution 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 Properties property of the Company for the return of its Capital ContributionContribution or any loan he has made and shall have 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 any such loan or a Member’s Capital Contribution, the Members shall have no recourse against the Company or any other Member or 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 Member shall look solely to the Properties Property of the Company for the return of its Capital ContributionContribution 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.
Appears in 4 contracts
Samples: Operating Agreement (OCM HoldCo, LLC), Limited Liability Company Agreement (Bunge LTD), Operating Agreement (OCM HoldCo, LLC)
Rights of Members. Except as otherwise provided in this Operating Agreement, each Member shall look solely to the Properties Property of the Company for the return of its Capital ContributionContributions 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 ManagerMember.
Appears in 3 contracts
Samples: Operating Agreement, Operating Agreement, Operating Agreement
Rights of Members. Except as otherwise provided in this Agreement, each Member shall look solely to the Properties Property of the Company for the return of its Capital ContributionContributions 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 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 in Section 5.8 or Managerin any other Transaction Document.
Appears in 3 contracts
Samples: Limited Liability Company Agreement (General Mills Inc), Limited Liability Company Agreement (General Mills Inc), Limited Liability Company Agreement (General Mills Inc)
Rights of Members. Except as otherwise provided in this Agreement, each Member shall look solely to the Properties of the Company Company's property for the return of its Capital Contribution. If Contribution and has no right or power to demand or receive property other than cash from the Company, 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 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 Agreement, each Member shall look solely to the Properties property of the Company for the return of its Capital ContributionContribution 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 Member, Manager or 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 shall look solely to the Properties Property of the Company for the return of its Capital ContributionContributions 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 Managerin the other Transaction Documents.
Appears in 2 contracts
Samples: 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 Properties Property of the Company for the return of its Invested Capital Contribution(if any) 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 Invested Capital Contribution(if any), the Members shall have no recourse against the Company or any other Member or ManagerMember.
Appears in 2 contracts
Samples: Limited Liability Company Agreement (MCI Income Fund VII, LLC), Limited Liability Company Agreement (MCI Income Fund V, LLC)
Rights of Members. Except as otherwise provided in this Agreement or the Master Offset Agreement, each Member shall look solely to the Properties of the Company Property for the return of its Capital ContributionContributions 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 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, each Member shall look solely to the Properties of the Company Property for the return of its Capital ContributionContribution and has no right or power to demand or receive Company Property other than cash. 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 ManagerMember.
Appears in 2 contracts
Samples: Limited Liability Company Operating Agreement (Global Green Solutions Inc.), Operating Agreement (Valcent Products Inc.)
Rights of Members. Except as otherwise provided in this Agreement, each Member shall look solely to the Properties Property of the Company for the return of its Capital ContributionContribution 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 Manager. To the maximum extent permitted by law, each Member hereby waives any right to partition of the Company Property.
Appears in 2 contracts
Samples: Operating Agreement (1847 Holdings LLC), Operating Agreement (Atlas Industries Holdings LLC)
Rights of Members. Except as otherwise provided in this Agreement, each Member shall look solely to the Properties Property of the Company for the return of its Capital Contributioninvestment 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 Manager.Managing Member. 11.4
Appears in 1 contract
Rights of Members. Except as otherwise provided in this Agreement, each Member shall look solely to the Properties of the Company Company's property for the return of its Capital ContributionContribution 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 a Member shall have no recourse against the Company or any the other Member or ManagerMember.
Appears in 1 contract
Rights of Members. Except as otherwise provided in this Agreement, each Member shall will look solely to the Properties of the Company Company’s Property for the return of its Capital ContributionContribution and has no right or power to demand or receive Property other than cash from the Company. If the Company’s assets of the Company remaining after payment or discharge of the Company’s debts or liabilities of the Company are insufficient to return such that Capital Contribution, the Members shall a Member will have no recourse against the Company or any other Member or Manager.
Appears in 1 contract
Rights of Members. Except as otherwise provided in this Agreement, each Member shall look solely to the Properties Property of the Company for the return of its such Member’s Capital ContributionContributions and shall have 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 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 ManagerMember.
Appears in 1 contract
Samples: Limited Liability Company Operating Agreement (New England Realty Associates Limited Partnership)
Rights of Members. Except as otherwise provided in this Agreement, each Member shall look solely to the Properties assets of the Company for the return of its Capital ContributionContributions and shall have no right or power to demand or receive 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 ManagerMember.
Appears in 1 contract
Samples: Limited Liability Company Agreement (BRT Realty Trust)
Rights of Members. Except as otherwise provided in this Agreement, each Member shall look solely to the Properties of the Company Assets for the return of its Capital ContributionContribution and has no right or power to demand or receive Company 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 Manager.
Appears in 1 contract
Rights of Members. Except as otherwise provided in this Agreement, each Member shall look solely to the Properties Property of the Company for the return of its Capital ContributionContribution 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 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 Properties assets of the Company for the return of its his Capital ContributionContribution and has no right or power to demand or receive 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 ManagerMember.
Appears in 1 contract
Rights of Members. Except as otherwise provided in this Agreement, each Member shall look solely to the Properties Property of the Company for the return of its Capital ContributionContribution 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 ManagerManager for the deficiency.
Appears in 1 contract
Rights of Members. Except as otherwise provided in this Agreement, each Member shall look solely to the Properties of the Company Company's property for the return of its Capital Contribution. If Contribution and has no right or power to demand or receive property other than cash from the Company, 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 Company, the Manager or any the other Member or ManagerMembers.
Appears in 1 contract
Rights of Members. Except as otherwise provided in this Agreement, each Member shall look solely to the Properties Property of the Company for the return of its Capital ContributionContribution 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 ManagerMember.
Appears in 1 contract
Rights of Members. Except as otherwise provided in this Agreement, each Member shall look solely to the Properties Property of the Company for the return of its Capital ContributionContribution 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 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, each Member shall look solely to the Properties Property of the Company for the return of its Capital ContributionContribution 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, each Member shall look solely to the Properties Property of the Company for the return of its Capital Contributioninvestment 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 Manager.. 11.4
Appears in 1 contract
Samples: Assignment and Assumption Agreement (Pepco Holdings Inc)
Rights of Members. Except as otherwise provided in this Agreement, each Member shall look solely to the Properties Property of the Company for the return of its Capital ContributionContribution 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 Manager.Member. 12.6
Appears in 1 contract
Rights of Members. Except as otherwise provided in this Agreement, each Member shall look solely to the Properties Property of the Company for the return of its Capital Contributioninvestment 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 Manager.. 49 _____________________________________________________________________________
Appears in 1 contract
Samples: Assignment and Assumption Agreement (Pepco Holdings Inc)
Rights of Members. Except as otherwise provided in this Agreement, each Member shall look solely to the Properties Property of the Company for the return of its Capital ContributionContribution 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 ManagerMember.
Appears in 1 contract
Rights of Members. Except as otherwise provided in this Agreement, each Member shall look solely to the Properties assets of the Company for the return of its Capital ContributionContributions. If the assets of the Company remaining after payment or discharge of the debts or liabilities Debt of the Company are insufficient to return such Capital ContributionContributions, the Members shall have no recourse against the Company Company, any member of the Executive Committee or any other Member or ManagerMember.
Appears in 1 contract
Rights of Members. Except as otherwise provided in this Agreement, each Member shall look solely to the Properties property of the Company for the return of its his or her Capital ContributionContribution 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.
Appears in 1 contract
Rights of Members. Except as otherwise provided in this Agreement, each Member shall look solely to the Properties Property of the Company for its rights to Distributions and has no right or power to demand or receive Property other than cash from the return of its Capital ContributionCompany. 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 ManagerMember.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Lakes Entertainment Inc)