Common use of Rights With Respect to Capital; Interest Clause in Contracts

Rights With Respect to Capital; Interest. No Member shall have the right to withdraw or receive any return of such Member's Capital Contribution, and no Capital Contribution must be returned in the form of property other than cash except as specifically provided herein. No interest shall be paid or credited to the Members on their Capital Accounts or upon any undistributed profits left on deposit with the Company.

Appears in 3 contracts

Samples: Operating Agreement (Aladdin Gaming Holding LLC), Operating Agreement (Aladdin Capital Corp), Operating Agreement (Aladdin Gaming Enterprises Inc)

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Rights With Respect to Capital; Interest. No Member shall have the right to withdraw or receive any return of such Member's Capital Contribution, and no Capital Contribution must be returned in the form of property other than cash except as specifically provided herein. No interest shall be paid or credited to the Members on their Capital Accounts or upon any undistributed profits left on deposit with the Company, but priority returns may be paid or credited as expressly provided for herein.

Appears in 1 contract

Samples: Operating Agreement (Sterling Construction Co Inc)

Rights With Respect to Capital; Interest. No Member shall have the right to withdraw or receive any return of such Member's Capital Contribution, and no Capital Contribution must be returned in the form of property other than cash except as specifically provided herein. No interest shall be paid or credited to the Members on their Capital Accounts or upon any undistributed profits left on deposit with the Company. ARTICLE IV.

Appears in 1 contract

Samples: Operating Agreement (Wynn Resorts LTD)

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Rights With Respect to Capital; Interest. No The Member shall not have the right to withdraw or receive any return of such Member's any Capital Contribution, and no Capital Contribution must be returned in the form of property other than cash except as specifically provided herein. No interest shall be paid or credited to the Members Member on their the Capital Accounts Account or upon any undistributed profits left on deposit with the Company.

Appears in 1 contract

Samples: Operating Agreement (GNLV Corp)

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