Common use of Withdrawal of Capital Clause in Contracts

Withdrawal of Capital. Except as may be specifically provided in this Agreement, no Member shall have the right to withdraw from the Company all or any part of his or her capital contribution nor shall he or she have any right to demand and receive property or cash of the Company in return of his or her capital contribution.

Appears in 3 contracts

Samples: Operating Agreement, Operating Agreement, Operating Agreement

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Withdrawal of Capital. Except as may be specifically provided in this Agreement, no No Member shall have the any right to withdraw from the Company except in connection with the admission of one or more Transferees of all or any part of his or her capital contribution nor such Member's Shares in the Company. No Member shall he or she have any right to demand and receive property or cash of require the Company to repurchase or redeem all or any portion of its Shares except as provided in return or pursuant to any Statement of his or her capital contributionPreferences. Further, no Common Member shall have any right to withdraw its Common Share Commitment.

Appears in 3 contracts

Samples: Operating Agreement (Tennenbaum Opportunities Fund V, LLC), Operating Agreement (Special Value Expansion Fund, LLC), Operating Agreement (Special Value Opportunities Fund LLC)

Withdrawal of Capital. Except No Member shall have the rights to withdraw his or her capital contributions or to demand and receive property of the Company or any distribution in return for his capital contributions, except as may be specifically provided in this Agreement, no Member shall have Agreement or required by the right to withdraw from the Company all or any part of his or her capital contribution nor shall he or she have any right to demand and receive property or cash of the Company in return of his or her capital contributionAct.

Appears in 2 contracts

Samples: Operating Agreement (Carrabba's/Colorado-I, Limited Partnership), Operating Agreement (Carrabba's/Colorado-I, Limited Partnership)

Withdrawal of Capital. Except as may be specifically provided otherwise set forth in this Agreement, no Capital Member shall have the right to withdraw capital from the Company all or to receive any part of his distribution or her capital contribution nor shall he or she have any right to demand and receive property or cash of the Company in return of his or her capital contributionits Capital Contribution.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (CMG Information Services Inc), Limited Liability Company Agreement (CMG Information Services Inc)

Withdrawal of Capital. Except as may be specifically provided in this Agreement, no Member shall have the right to (a) withdraw from the Company all or any part of his its Stated Contribution Amount or her capital contribution nor shall he contributions made to the Company, or she have any right to (b) demand and receive property or cash of the Company in return of his such Member’s Stated Contribution Amount or her capital contributioncontributions made to the Company.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Cb Richard Ellis Realty Trust), Limited Liability Company Agreement (Cb Richard Ellis Realty Trust)

Withdrawal of Capital. Except as may be specifically provided in this Agreement, no Member No member shall have the right to withdraw from its capital contributions, or to demand or receive the Company all return of its capital contributions, or any part of his thereof, except as otherwise expressly provided in this Agreement. Neither the LLC or her capital contribution nor any member shall he be personally liable or she have any right to demand and receive property or cash responsible for the return of the Company in return capital contributions of his or her capital contributionthe members, and any such returns shall be made solely from the assets of the LLC.

Appears in 2 contracts

Samples: Operating Agreement (Vertical Computer Systems Inc), Operating Agreement (Vertical Computer Systems Inc)

Withdrawal of Capital. Except as may be specifically provided in this Agreement, no Member shall have the right will be entitled to withdraw all, or any part of, such Member's capital contribution or capital account from the Company all or any part of his or her capital contribution nor shall he or she have any right prior to the Company's dissolution and liquidation. When such withdrawal is permitted, no Member will be entitled to demand and receive a distribution of property or cash of the Company in return of his or her capital contributionother than money.

Appears in 1 contract

Samples: Limited Liability Company Operating Agreement (Key Components Finance Corp)

Withdrawal of Capital. Except as may be specifically provided in this Agreement, no Member shall have the right to withdraw from the Company all or any part of his or her its capital contribution nor shall he or she such Member have any right to demand and receive property or cash of the Company in return of his or her its capital contribution.

Appears in 1 contract

Samples: Operating Agreement (Merrill Merchants Bancshares Inc)

Withdrawal of Capital. Except as may be specifically provided in this Agreement, no No Member shall have the right to withdraw from its Capital Contributions, or to demand or receive the Company all return of its Capital Contributions, or any part of his thereof, except as otherwise expressly provided in this Agreement. Neither the LLC nor any Member shall be personally liable or her capital contribution nor shall he or she have any right to demand and receive property or cash responsible for the return of the Company in return Capital Contributions of his or her capital contributionthe Members, and any such returns shall be made solely from the assets of the LLC.

Appears in 1 contract

Samples: Operating Agreement

Withdrawal of Capital. Except as may be specifically provided in this Agreement, no Member shall have the right will be entitled to withdraw from the Company all or any part of his such Person's Capital Account from the Company prior to the Company's Dissolution and Liquidation or her capital contribution nor shall he or she have any right to demand and receive a Distribution of property or cash of the Company in return of his or her capital contributionmoney.

Appears in 1 contract

Samples: Operating Agreement (Siebert Financial Corp)

Withdrawal of Capital. Except No Member shall have the right to withdraw his or her capital contribution or to demand and receive property of the Company or any distribution in return for his or her capital contribution, except as may be specifically provided in this Agreement, no Agreement or required by law. No Member shall have the right to withdraw from the receive out of Company all or property any part of his or her their capital contribution nor shall he or she have any right to demand and receive property or cash until (i) all liabilities of the Company in (except liabilities to Members on account of their contributions to capital) have been paid or sufficient property of the Company remains to pay them, and (ii) the consent of all Members is received, unless the return of his or her the contribution to capital contributionmay be rightfully demanded as provided by law.

Appears in 1 contract

Samples: Operating Agreement (Hawker Beechcraft Quality Support Co)

Withdrawal of Capital. Except as may be specifically provided in this Agreement, no Member shall have the right will be entitled to withdraw from the Company all or any part of his such Person's Capital Contribution or her capital contribution nor shall he or she have any right Capital Account from the Company prior to the Company's Dissolution and Liquidation or, when such withdrawal is permitted, to demand and receive a Distribution of property or cash of the Company in return of his or her capital contributionother than money.

Appears in 1 contract

Samples: Operating Agreement (Bluefly Inc)

Withdrawal of Capital. Except as may be specifically permitted in Section 7.2, and otherwise provided in this Agreement, no Member member shall have the right to withdraw from its capital contributions, or to demand or receive the Company all return of its capital contributions, or any part of his thereof, except as otherwise expressly provided in this Agreement. Neither the LLC or her capital contribution nor any member shall he be personally liable or she have any right to demand and receive property or cash responsible for the return of the Company in return capital contributions of his or her capital contributionthe members, and any such returns shall be made solely from the assets of the LLC.

Appears in 1 contract

Samples: Operating Agreement (Vertical Computer Systems Inc)

Withdrawal of Capital. Except as may be specifically provided in this Agreement, no No Member shall have the right to withdraw from the Company all or any part of his or her capital contribution nor shall he or she have any right prior to demand and receive property or cash the dissolution of the Company LLC, except as provided in return of this Agreement. No Member shall be entitled to interest on his or her capital contribution. Each Member expressly waives the right, if any, to bring an action for partition of any property in which the LLC may have an interest.

Appears in 1 contract

Samples: Operating Agreement (Fastfunds Financial Corp)

Withdrawal of Capital. Except as may be specifically provided in this Operating Agreement, no Member shall have the right to withdraw from the Company all or any part of his or her capital contribution nor shall he or she have any right to demand and receive property or cash of the Company in return of his or her capital contribution.

Appears in 1 contract

Samples: Operating Agreement

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Withdrawal of Capital. Except No Member shall have the right to withdraw ---------------------- from the Company all or any part of its capital contribution or to receive any funds or property from the Company, except as provided herein. No Member shall have any right to demand and receive property, other than cash of the Company in return of its capital contribution, except as may be specifically provided in this Agreement, no Member . No interest shall have the right to withdraw from the Company all or be paid on any part of his or her capital contribution nor shall he or she have any right to demand and receive property or cash of the Company in return of his or her capital contribution.

Appears in 1 contract

Samples: Operating Agreement (Reckson Services Industries Inc)

Withdrawal of Capital. Except as may be specifically provided in this Agreement, no No Member shall have the any right to withdraw from the Company except in connection with the admission of one or more Transferees of all or any part of his or her capital contribution nor such Member's Shares in the Company. No Member shall he or she have any right to demand and receive property or cash of require the Company to repurchase or redeem all or any portion of its Shares except as provided in return or pursuant to any Statement of his or her capital contributionPreferences.

Appears in 1 contract

Samples: Operating Agreement (Special Value Continuation Fund, LLC)

Withdrawal of Capital. Except as may be specifically provided in this Agreement, no Member shall have the right will be entitled to withdraw all, or any part of, such Person's Capital Contribution or Capital Account from the Company all or any part of his or her capital contribution nor shall he or she have any right prior to the Company's Dissolution and Liquidation. When such withdrawal is permitted, no Member will be entitled to demand and receive a Distribution of property or cash of the Company in return of his or her capital contributionother than money.

Appears in 1 contract

Samples: Operating Agreement (Careinsite Inc)

Withdrawal of Capital. Except as may be specifically provided in this Agreement, no Member shall have the right will be entitled to withdraw from the Company all or any part of his such Person’s Capital Account from the Company prior to the Company’s dissolution and Liquidation or her capital contribution nor shall he or she have any right to demand and receive a distribution of property or cash of the Company in return of his or her capital contributionmoney.

Appears in 1 contract

Samples: Operating Agreement (Siebert Financial Corp)

Withdrawal of Capital. Except as may be specifically otherwise provided in this Agreement, no Member shall have the right to withdraw from the Company all or any part of his or her capital contribution nor Capital Contribution. In the event a Member becomes entitled to withdraw his Capital Contribution pursuant to the terms of this Agreement, such Member shall he or she not have any right to demand and receive property or cash Property (other than cash) of the Company in return of his or her capital contributionCapital Contribution.

Appears in 1 contract

Samples: Operating Agreement (Venetian Blends, Inc.)

Withdrawal of Capital. Except as may be specifically provided in this Agreement, no (a) No Member shall have the any right to withdraw from the Company except in connection with the admission of one or more Transferees of all or any part of his or her capital contribution nor such Member's Shares in the Company. No Member shall he or she have any right to demand and receive property or cash of require the Company to repurchase or redeem all or any portion of its Shares except as provided in return or pursuant to any Statement of his or her capital contributionPreferences. Further, no Common Member shall have any right to withdraw its Common Share Commitment.

Appears in 1 contract

Samples: Limited Liability Company Agreement (PNMAC Mortgage Opportunity Fund, LLC)

Withdrawal of Capital. Except No Member shall be entitled to withdraw any part of its Capital Account or to receive any distribution from the Company, except as may be specifically provided in this Agreement, no Member shall have the right to withdraw from the Company all or any part of his or her capital contribution nor shall he or she have any right to demand and receive property or cash of the Company in return of his or her capital contribution.

Appears in 1 contract

Samples: Operating Agreement (Insight Communications Co Inc)

Withdrawal of Capital. Except as may be specifically provided in this Agreement, no No Member shall have the right to withdraw any part of its capital contributions from the Company, or receive any distributions from the Company, except as otherwise specifically provided in this Agreement. No Member shall be entitled to demand or receive any property from the Company all or any part in respect of his or her capital contribution nor shall he or she have any right to demand and receive property or its Interest other than cash of the Company except as otherwise expressly provided in return of his or her capital contributionthis Agreement.

Appears in 1 contract

Samples: Operating Agreement (Antelope Coal LLC)

Withdrawal of Capital. Except as may be specifically provided in this Agreement, no Member shall have the right will be entitled to withdraw all, or any part of, such Member's Capital Contribution or Capital Account from the Company all or any part of his or her capital contribution nor shall he or she have any right prior to the Company's dissolution and liquidation. When such withdrawal is permitted, except as specifically provided in this Agreement, no Member will be entitled to demand and receive a distribution of property or cash of the Company in return of his or her capital contributionother than money.

Appears in 1 contract

Samples: Operating Agreement (Mediconsult Com Inc)

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