Common use of Withdrawal of Capital Contributions Clause in Contracts

Withdrawal of Capital Contributions. Except as otherwise expressly provided in this Agreement, no Member will be entitled to demand or receive a return or repayment of any capital contributions or otherwise withdraw from the Company without the consent of all Members. Under circumstances requiring a return of any capital contributions, no Member will have the right to receive property other than cash, except as may be specifically provided herein.

Appears in 4 contracts

Samples: Employment Agreement (Simon Worldwide Inc), Employment Agreement (Simon Worldwide Inc), Limited Liability Company Agreement (Simon Worldwide Inc)

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Withdrawal of Capital Contributions. Except as otherwise expressly provided in this Agreement, no Member will be entitled to demand or receive a return or repayment of any capital contributions or otherwise withdraw from the Company without the consent of all Members. Under circumstances requiring a return of any capital contributions, no Member will shall have the right to (a) withdraw its Capital Contributions, (b) demand or receive property other than cashcash in return of its Capital Contributions, except or (c) receive priority over any other Member as may be specifically provided hereinto the return of Capital Contributions to the Company or as to Net Profits, Net Losses, or distributions from the Company.

Appears in 2 contracts

Samples: Operating Agreement, Operating Agreement (Open Window Movie LLC)

Withdrawal of Capital Contributions. Except as otherwise expressly provided in this Agreement, no Member will be entitled to demand or receive a return or repayment of any capital contributions Capital Contributions or otherwise withdraw from the Company without Company. For the consent avoidance of all Members. Under circumstances requiring a return of any capital contributionsdoubt, no Member will have this shall not apply to members distributions which shall be decided on by the right to receive property other than cash, except as may be specifically provided hereinBoard.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Kensington Capital Acquisition Corp.)

Withdrawal of Capital Contributions. Except as otherwise expressly ----------------------------------- provided in this AgreementAgreement or by law, (i) no Member will be entitled to demand or receive a return or repayment of any capital contributions or otherwise withdraw from the Company without the consent of all Members. Under circumstances requiring a return of any capital contributions, no Member will shall have the right to withdraw or reduce its Capital Contributions or its Capital Commitment, or to demand and receive property other than cashproperty distributed by the Company in accordance with the terms hereof in return for its Capital Contributions, except as may and (ii) any return of Capital Contributions to the Non-Managing Members shall be specifically provided hereinsolely from Company assets, and the Managing Member shall not be personally liable for any such return.

Appears in 1 contract

Samples: Operating Agreement (Reckson Services Industries Inc)

Withdrawal of Capital Contributions. Except as otherwise expressly provided in this Agreement, no Member will be entitled to demand or receive a return or repayment of any capital contributions or otherwise withdraw from the Company without the consent of all Members. Under circumstances requiring a return of any capital contributions, no Member will shall have the right to (a) withdraw such Member’s Capital Contributions, (b) demand or receive property other than cashcash in return for Capital Contributions, except or (c) receive priority over any other Member as may be specifically provided hereinto the return of Capital Contributions or as to Net Profits, Net Losses, or distributions.

Appears in 1 contract

Samples: Operating Agreement (Bricktown Brewery Restaurants LLC)

Withdrawal of Capital Contributions. Except as expressly provided otherwise expressly in this Agreement, (i) no Member shall have the right to withdraw or reduce his Capital Contributions, or to demand and receive property other than cash from the Company in return for any Capital Contributions, (ii) no Member shall have priority over any other Member as to the return of any Capital Contributions or as to compensation by way of income except as provided in this Agreement, no Member will be entitled to demand or receive a return or repayment of and (iii) any capital contributions or otherwise withdraw from the Company without the consent of all Members. Under circumstances requiring a return of any capital contributions, no Member will have Capital Contributions to the right to receive property other than cash, except as may Members shall be specifically provided hereinsolely from Company assets.

Appears in 1 contract

Samples: Operating Agreement (Comstock Holding Companies, Inc.)

Withdrawal of Capital Contributions. Except as otherwise expressly provided in this Agreement, no Member will be entitled to demand or receive a return or repayment of any capital contributions or otherwise withdraw from the Company without the consent of all Members. Under circumstances requiring a return of any capital contributions, no Member will shall have the right to (a) withdraw its Capital Contribution; (b) demand or receive property other than cashcash in return for its contribution; or (c) receive priority over any other Member as to the return of Capital Contributions or as to Net Profits, except as may be specifically provided hereinNet Losses, or distributions.

Appears in 1 contract

Samples: Operating Agreement (Beard Co /Ok)

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Withdrawal of Capital Contributions. Except as otherwise expressly provided in this AgreementAgreement or by law, (i) no Member will be entitled to demand or receive a return or repayment of any capital contributions or otherwise withdraw from the Company without the consent of all Members. Under circumstances requiring a return of any capital contributions, no Member will shall have the right to withdraw or reduce its Capital Contributions, or to demand and receive property other than cashproperty distributed by the Company in accordance with the terms hereof in return for its Capital Contributions, except as may and (ii) any return of Capital Contributions to the Members shall be specifically provided hereinsolely from the Company’s assets, and neither the Managing Member nor any other Member shall not be personally liable for any such return.

Appears in 1 contract

Samples: Management Agreement (American Casino & Entertainment Properties LLC)

Withdrawal of Capital Contributions. Except as otherwise expressly provided in this Agreement, no Member will be entitled to demand or receive a return or repayment of any capital contributions or otherwise withdraw from the Company without the consent of all Members. Under circumstances requiring a return of any capital contributions, no Member will shall have the right to (a) withdraw its Capital Contributions, (b) demand or receive property other than cashcash in return for Capital Contributions, except or (c) receive priority over any other Member as may be specifically provided hereinto the return of Capital Contributions or as to Net Profits, Net Losses, or distributions.

Appears in 1 contract

Samples: Operating Agreement (Beard Co /Ok)

Withdrawal of Capital Contributions. Except as otherwise expressly provided in or contemplated by this Agreement, no Member will be entitled to shall demand or receive a return or repayment of any capital contributions Capital Contributions or otherwise withdraw from the Company without the consent of all Members. Under circumstances requiring a return of any capital contributionsCapital Contributions, no Member will shall have the right to receive property other than cash, cash except as may be specifically provided herein.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Genius Products Inc)

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