Common use of Withdrawal of Capital; Limitation on Distributions Clause in Contracts

Withdrawal of Capital; Limitation on Distributions. No Member shall be entitled to withdraw any part of its Capital Contributions to, or to receive any distributions from, the Company except as provided in Section 6.1 and Section 7.2. No Member shall be entitled to demand or receive (i) interest on its Capital Contributions or (ii) any property from the Company other than cash except as provided in Section 7.2(a).

Appears in 3 contracts

Samples: Operating Agreement, Operating Agreement, Internet Com Corp

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Withdrawal of Capital; Limitation on Distributions. No Member shall be entitled to withdraw any part of its Capital Contributions to, or to receive any distributions from, the Company except as provided in Section SECTION 6.1 and Section SECTION 7.2. No Member shall be entitled to demand or receive (i) interest on its Capital Contributions or (ii) any property from the Company other than cash except as provided in Section SECTION 7.2(a).

Appears in 3 contracts

Samples: Agreement and Plan of Merger (Penton Media Inc), Agreement and Plan of Merger (Penton Media Inc), Agreement and Plan of Merger (Mecklermedia Corp)

Withdrawal of Capital; Limitation on Distributions. No The Member shall not be entitled to withdraw any part of its Capital Contributions to, or to receive any distributions from, the Company except as provided in Section SECTION 6.1 and Section SECTION 7.2. No The Member shall not be entitled to demand or receive (i) interest on its Capital Contributions or (ii) any property from the Company other than cash cash, except as provided in Section 7.2(aSECTION 7.2(A).

Appears in 1 contract

Samples: Operating Agreement (Midamerican Funding LLC)

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Withdrawal of Capital; Limitation on Distributions. No Member shall be entitled to withdraw any part of its Capital Contributions to, or to receive any distributions from, the Company except as provided in Section SECTION 6.1 and Section SECTION 7.2. No Member shall be entitled to demand or receive (i) interest on its Capital Contributions or (ii) any property from the Company other than cash except as provided in Section 7.2(aSECTION 7.2(A).

Appears in 1 contract

Samples: Operating Agreement (Sokol David L)

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