Common use of Status of Capital Contributions Clause in Contracts

Status of Capital Contributions. (a) No Member shall receive any interest, salary or drawing with respect to its Capital Contributions or its Capital Account, except as otherwise specifically provided in this Agreement.

Appears in 22 contracts

Samples: Limited Liability Company Agreement (Altera Infrastructure L.P.), Limited Liability Company Agreement (Teekay Offshore Partners L.P.), Limited Liability Company Agreement (ElectroCore, LLC)

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Status of Capital Contributions. (a) No Member Unitholder shall receive any interest, salary or drawing with respect to its Capital Contributions or its Capital Account, except as otherwise specifically provided in this Agreement.

Appears in 5 contracts

Samples: Limited Liability Company Agreement (Language Line Services Holdings, Inc.), Limited Liability Company Agreement (Language Line Services Holdings, Inc.), Management Services Agreement (Grande Communications Holdings, Inc.)

Status of Capital Contributions. (a) No Member shall receive any interest, salary or drawing with respect to its Capital Contributions or its Capital AccountAccount or for services rendered on behalf of the Company or otherwise in its capacity as a Member, except as otherwise specifically provided in this AgreementAgreement with respect to allocations and distributions.

Appears in 4 contracts

Samples: Trademark License Agreement (BGLS Inc), Trademark License Agreement (BGLS Inc), Limited Liability Company Agreement (Usa Networks Inc)

Status of Capital Contributions. (a) No Member shall receive any interest, salary or drawing with respect to its such Member’s Capital Contributions or Capital Account or otherwise in such Person’s capacity as a Member and no Member shall be entitled to the return of any part of its Capital AccountContributions, except as otherwise specifically provided in this AgreementAgreement with respect to allocations and distributions.

Appears in 3 contracts

Samples: Limited Liability Company Agreement (Petro River Oil Corp.), Limited Liability Company Agreement (Bitzumi, Inc.), Subscription Agreement (Petro River Oil Corp.)

Status of Capital Contributions. (a) No Member shall receive any interest, salary or drawing with respect to its Capital Contributions or its Capital Account, except as otherwise specifically provided in this his Agreement.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Tempur Pedic International Inc), Limited Liability Company Agreement (Sealy Texas Holdings LLC)

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Status of Capital Contributions. (a) No Member shall receive any interest, salary or drawing with respect to its Capital Contributions or for services rendered on behalf of the Company or otherwise in its Capital Accountcapacity as a Member, except as otherwise specifically provided in this AgreementAgreement with respect to allocations and Distributions.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Red Hat Inc), Limited Liability Company Agreement (Red Hat Inc)

Status of Capital Contributions. (a) No Company Member shall receive any interest, salary or drawing with respect to its such Company Member's Capital Contributions or its Capital Account, except as otherwise specifically provided in this Agreement.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Txu Energy Co LLC)

Status of Capital Contributions. (avii) No Member shall receive any interest, salary or drawing with respect to its Capital Contributions or its Capital AccountAccount or for services rendered on behalf of the Company or otherwise in its capacity as a Member, except as otherwise specifically provided in this Agreement.

Appears in 1 contract

Samples: Operating Agreement (Digital Cinema Destinations Corp.)

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