Common use of Withdrawal of Capital Contributions Clause in Contracts

Withdrawal of Capital Contributions. No Limited Partner, other than the Original Limited Partner, shall have the right to withdraw or reduce his Capital Contribution without the consent of the General Partner. No Limited Partner shall have the right to demand or receive property other than cash in return for his Capital Contribution, and no Limited Partner, other than the Original Limited Partner, shall have priority over any other Limited Partner, either as to the return of Capital Contributions or as to income, losses or distributions.

Appears in 1 contract

Samples: Management Agreement (PHC Hospitals, LLC)

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Withdrawal of Capital Contributions. No Limited Partner, other than the Original Limited Partner, Partner shall have the right to withdraw or reduce his Capital Contribution without the consent of the General Partner. No Limited Partner shall have the right to demand or receive property other than cash in return for his Capital Contribution, and no Limited Partner, other than the Original Limited Partner, Partner shall have priority over any other Limited Partner, either as to the return of Capital Contributions or as to incomeprofits, losses or distributions. The General Partner will not withdraw its Capital Contribution prior to the dissolution and liquidation of the Partnership or the time the Limited Partners have withdrawn their Capital Contributions, whichever first occurs.

Appears in 1 contract

Samples: Agreement (HEALTHSOUTH of Toms River, Inc.)

Withdrawal of Capital Contributions. No Except as provided herein, no Limited Partner, other than the Original Limited Partner, Partner shall have the right to withdraw or reduce his Capital Contribution without the consent of the General Partner. No Limited Partner shall have the right to demand or receive property other than cash in return for his Capital Contributioncontribution, and and, except as provided in Section 6.2 of this Agreement, no Limited Partner, other than the Original Limited Partner, Partner shall have priority over any other Limited Partner, either as to the return of Capital Contributions or as to incomeprofits, losses or distributions.

Appears in 1 contract

Samples: HEALTHSOUTH of Toms River, Inc.

Withdrawal of Capital Contributions. No Limited Partner, other than the Original Limited Partner, shall have the right to withdraw or reduce his its Capital Contribution without the consent of the General Partner, which consent may be withheld in the General Partner’s sole discretion. No Limited Partner shall have the right to demand or receive property other than cash in return for his its Capital Contribution, and no Limited Partner, other than the Original Limited Partner, Partner shall have priority over any other Limited Partner, either as to the return of Capital Contributions or as to incomeprofits, losses losses, or distributions. The General Partner will not withdraw its Capital Contribution prior to the dissolution and liquidation of the Partnership or the time the Limited Partners have withdrawn their Capital Contributions, whichever first occurs.

Appears in 1 contract

Samples: Certificate and Agreement (HEALTHSOUTH of Toms River, Inc.)

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Withdrawal of Capital Contributions. No Except as provided herein, no Limited Partner, other than the Original Limited Partner, Partner shall have the right to withdraw or reduce his Capital Contribution without the consent of the General Partner. No Limited Partner shall have the right to demand or receive property other than cash in return for his Capital Contribution, and and, except as provided in Section 6.2 of this Agreement, no Limited Partner, other than the Original Limited Partner, Partner shall have priority over any other Limited Partner, either as to the return of Capital Contributions or as to incomeprofits, losses or distributions.

Appears in 1 contract

Samples: HEALTHSOUTH of Toms River, Inc.

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