Common use of Withdrawal and Return of Capital Contributions Clause in Contracts

Withdrawal and Return of Capital Contributions. No Limited Partner shall be entitled to (a) withdraw from the Partnership except upon the assignment by such Limited Partner of all of its interest in the Partnership in accordance with Article IX, or (b) the return of its Capital Contributions except to the extent, if any, provided in this Agreement and that distributions made pursuant to the express terms of this Agreement may be considered as such by law or upon dissolution and liquidation of the Partnership, and then only to the extent expressly provided for in this Agreement and as permitted by law. No interest shall accrue on any Capital Contributions.

Appears in 1 contract

Samples: Limited Partnership Agreement (Hallwood Group Inc)

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Withdrawal and Return of Capital Contributions. No Limited Partner shall be entitled to (a) withdraw from the Partnership except upon the assignment by such Limited Partner of all of its his or her interest in the Partnership in accordance with Article IXSection 9.1, or (b) the return of its his or her Capital Contributions except to the extentextent that distributions, if any, provided in this Agreement and that distributions made pursuant to the express terms of this Agreement may be considered as such by law or upon dissolution and liquidation of the Partnership, and then only to the extent expressly provided for in this Agreement and as permitted by law. No interest shall accrue on any Capital Contributions.

Appears in 1 contract

Samples: DNR Mesa Holdings L P

Withdrawal and Return of Capital Contributions. No Each of the Limited Partner Partners shall not be entitled to (a) withdraw from the Partnership except upon the assignment by such Limited Partner of all of its interest in the Partnership and the substitution of the Limited Partner's assignee as a Limited Partner of the Partnership in accordance with Article IXSection 9.1, or (b) the return of its Capital Contributions except to the extent, if any, provided in this Agreement and that distributions made pursuant to the express terms of this Agreement may be considered as such by law or by unanimous agreement of the Partners, or upon dissolution and liquidation of the Partnership, and then only to the extent expressly provided for in this Agreement and as permitted by law. No interest shall accrue on any Capital Contributions.

Appears in 1 contract

Samples: Brigham Exploration Co

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Withdrawal and Return of Capital Contributions. No Limited Partner shall be entitled to (a) withdraw from the Partnership except upon the assignment by such Limited Partner of all of its interest in the Partnership in accordance with Article IX, or (b) the return of its Capital Contributions except to the extent, if any, provided in this Agreement and that distributions made pursuant to the express terms of this Agreement may be considered as such by law or upon dissolution and liquidation of the Partnership, and then only to the extent expressly provided for in this Agreement and as permitted by law. No interest shall accrue on any Capital Contributions.

Appears in 1 contract

Samples: Titan Exploration Inc

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