Common use of Status of Capital Contributions Clause in Contracts

Status of Capital Contributions. (a) No Member shall have the right to withdraw any part of its Capital Contribution or otherwise to voluntarily or involuntarily withdraw from the Company. Each of the Members waives any and all rights that it may have to maintain an action for partition of the Company’s property or other property or to otherwise be paid any amount in respect of a withdrawal from the Company.

Appears in 4 contracts

Samples: Limited Liability Company Agreement (PLM Equipment Growth Fund Vi), Limited Liability Company Agreement (PLM Equipment Growth & Income Fund Vii), Limited Liability Company Agreement (PLM Equipment Growth Fund V)

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Status of Capital Contributions. (a) No Except as otherwise set forth in Articles VI and XIII, no Member shall have the right to withdraw any part of its Capital Contribution or otherwise to voluntarily or involuntarily withdraw resign from the Company. Each of the Members waives any and all rights that it may have to maintain an action for partition of the Company’s property or other 's property or to otherwise be paid any amount in respect of a withdrawal from the Company.

Appears in 1 contract

Samples: Leucadia National Corp

Status of Capital Contributions. (a) No Except as otherwise set forth in Article XI, no Member shall have the right to withdraw any part of its Capital Contribution or otherwise to voluntarily or involuntarily withdraw from the Company. Each of the Members waives any and all rights that it may have to maintain an action for partition of the Company’s property or other 's property or to otherwise be paid any amount in respect of a withdrawal from the Company.

Appears in 1 contract

Samples: Jefferies Group Inc /De/

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Status of Capital Contributions. (a) No Except as otherwise set forth in Articles VI and XIII, no Member shall have the right to withdraw any part of its Capital Contribution or otherwise to voluntarily or involuntarily withdraw resign from the Company. Each of the Members waives any and all rights that it may have to maintain an action for partition of the Company’s property or other property or to otherwise be paid any amount in respect of a withdrawal from the Company.

Appears in 1 contract

Samples: Services Agreement (Jefferies Group Inc /De/)

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