Common use of Time when Capital is Returned Clause in Contracts

Time when Capital is Returned. Upon the satisfaction of all the Company’s financing obligations, or a liquidation of the assets of the LLC, or the dissolution of the LLC, the Capital Contributions shall be returned to the Members pro rata in accordance with each Member’s Capital Contributions.

Appears in 7 contracts

Samples: Operating Agreement, Operating Agreement, Area Development Agreement (Harrison Vickers & Waterman Inc)

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