Common use of RIGHTS OF SHAREHOLDERS TO CAPITAL Clause in Contracts

RIGHTS OF SHAREHOLDERS TO CAPITAL. No Shareholder shall be entitled to interest on his or its Capital Contribution to the Fund, nor shall any Shareholder be entitled to the return of any capital of the Fund except (i) upon the repurchase by the Fund of a part or all of such Shareholder’s Shares pursuant to Section 4.4 hereof or Section 4.5 hereof, or (ii) upon the liquidation of the Fund’s assets pursuant to Section 6.2 hereof. No Shareholder shall have the right to require partition of the Fund’s property or to compel any sale or appraisal of the Fund’s assets.

Appears in 3 contracts

Samples: Limited Liability Company Agreement (Partners Group Private Equity (Master Fund), LLC), Limited Liability Company Agreement (Constitution Capital Access Fund, LLC), Limited Liability Company Agreement (Partners Group Private Income Opportunities, LLC)

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RIGHTS OF SHAREHOLDERS TO CAPITAL. No Shareholder shall be entitled to interest on his his, her or its Capital Contribution to the Fund, nor shall any Shareholder be entitled to the return of any capital of the Fund except (i) upon the repurchase by the Fund or redemption of a part or all of such Shareholder’s Shares pursuant to Section 4.4 hereof Sections 4.4, 4.5 or Section 4.5 4.6 hereof, or (ii) upon the liquidation of the Fund’s assets pursuant to Section 6.2 hereof. No Shareholder shall have the right to require partition of the Fund’s property or to compel any sale or appraisal of the Fund’s assets.

Appears in 1 contract

Samples: Limited Liability Company Agreement (X-Square Balanced Fund, LLC)

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RIGHTS OF SHAREHOLDERS TO CAPITAL. No Shareholder shall be entitled to interest on his his, her or its Capital Contribution to the Fund, nor shall any Shareholder be entitled to the return of any capital of the Fund except (i) upon the repurchase by the Fund or redemption of a part or all of such Shareholder’s 's Shares pursuant to Section 4.4 hereof Sections 4.4, 4.5 or Section 4.5 4.6 hereof, or (ii) upon the liquidation of the Fund’s 's assets pursuant to Section 6.2 hereof. No Shareholder shall have the right to require partition of the Fund’s 's property or to compel any sale or appraisal of the Fund’s 's assets.

Appears in 1 contract

Samples: Limited Liability Company Agreement (X-Square Balanced Fund, LLC)

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