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

Withdrawal of Capital; Limitation on Distributions. The Member shall be entitled to withdraw any part of its Capital Contributions to, or to receive any distributions from, the Company to the fullest extent permitted by law. 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 (except as provided in paragraph 6.02).

Appears in 3 contracts

Samples: Limited Liability Company Agreement (Covanta Energy Corp), Limited Liability Company Agreement (Covanta Energy Corp), Limited Liability Company Agreement (Covanta Energy Corp)

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Withdrawal of Capital; Limitation on Distributions. The No Member shall be entitled to withdraw any part of its Capital Contributions to, or to receive any distributions Distributions from, the Company to the fullest extent permitted by lawexcept as provided in Sections 6.1(a) and 10.2. The No Member shall not be entitled to demand or receive (i) interest on its Capital Contributions or (ii) or, except as set forth in Article X hereof, any property from the Company other than cash (except as provided in paragraph 6.02)cash.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Capital Trust Inc), Limited Liability Company Agreement (Capital Trust Inc)

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