Withdrawal or Reduction of Capital Contributions. (a) The Member shall not receive out of the Company’s property any part of its Capital Contribution until all liabilities of the Company have been paid or there remains property of the Company sufficient to pay such liabilities.
Appears in 11 contracts
Samples: Limited Liability Company Agreement (Cheniere Energy Partners LP Holdings, LLC), Limited Liability Company Agreement (Cheniere Pipeline GP Interests, LLC), Limited Liability Company Agreement (Cheniere Pipeline GP Interests, LLC)
Withdrawal or Reduction of Capital Contributions. (a) The A Member shall not receive out from the Company any portion of the Company’s property any part of its a Capital Contribution until all indebtedness and liabilities of the Company Company, except any indebtedness, liabilities and obligations to Members on account of their Capital Contributions, have been paid or there remains property of the Company Company, in the sole discretion of the Members, sufficient to pay them. A Member, irrespective of the nature of the Capital Contribution of such liabilitiesMember, has only the right to demand and receive cash in return for such Capital Contribution.
Appears in 8 contracts
Samples: Limited Liability Company Agreement, Operating Agreement (HTS-Sunset Harbor Partner, L.L.C.), Operating Agreement (HTS-Sunset Harbor Partner, L.L.C.)
Withdrawal or Reduction of Capital Contributions. (a) The No Member shall not receive out of the Company’s property any part of its Capital Contribution until all liabilities of the Company have been paid or there remains property of the Company sufficient to pay such liabilities.
Appears in 6 contracts
Samples: Liability Company Agreement, Limited Liability Company Agreement (Cheniere Pipeline GP Interests, LLC), Limited Liability Company Agreement (Cheniere Corpus Christi Holdings, LLC)
Withdrawal or Reduction of Capital Contributions. (a) The A Member shall may not receive out from the Company any portion of the Company’s property any part of its a Capital Contribution until all indebtedness, liabilities of the Company have Company, except any indebtedness, liabilities and obligations to Members on account of their Capital Contributions, has been paid or there remains property of the Company Company, in the sole discretion of a Member, sufficient to pay such liabilitiesthem.
Appears in 4 contracts
Samples: Limited Liability Company Agreement, Limited Liability Company Agreement (Rex Energy Corp), Operating Agreement (Rex Energy Corp)
Withdrawal or Reduction of Capital Contributions. (a) The Member shall not receive out of the Company’s 's property any part of its Capital Contribution until all liabilities of the Company have been paid or there remains property of the Company sufficient to pay such liabilities.
Appears in 3 contracts
Samples: Limited Liability Company Agreement (Exco Resources Inc), Limited Liability Company Agreement (Exco Resources Inc), Limited Liability Company Agreement (Trinity Marine Products, Inc.)
Withdrawal or Reduction of Capital Contributions. (a) The A Member shall not receive out from the Company any portion of the Company’s property any part of its a Capital Contribution until all indebtedness, liabilities of the Company Company, except any indebtedness, liabilities and obligations to Members on account of their Capital Contributions, have been paid or there remains property of the Company Company, in the sole discretion of the Managers, sufficient to pay them. A Member, irrespective of the nature of the Capital Contribution of such liabilitiesMember, has only the right to demand and receive cash in return for such Capital Contribution.
Appears in 2 contracts
Samples: Operating Agreement (West Village Gym at the Archives LLC), Operating Agreement (West Village Gym at the Archives LLC)
Withdrawal or Reduction of Capital Contributions. (a) The Member shall not receive out of the Company’s property any part of its Capital Contribution until all liabilities of the Company have been paid or there remains property of the Company sufficient to pay such liabilities. Except as may be otherwise specifically provided in this Agreement, the Member shall have the right to withdraw all or any part of its Capital Contribution.
Appears in 2 contracts
Samples: Operating Agreement (Western Wisconsin Sand Company, LLC), Operating Agreement (Western Wisconsin Sand Company, LLC)
Withdrawal or Reduction of Capital Contributions. (a) The A Member shall not receive out of the Company’s property Property any part of its Capital Contribution until all liabilities of the Company Company, except the liabilities to Members on account of their Capital Contributions, have been paid or there remains property of the Company sufficient to pay such liabilities.
Appears in 2 contracts
Samples: Operating Agreement (Advanced Na, LLC), Operating Agreement (Health Diagnostics of New Jersey, LLC)
Withdrawal or Reduction of Capital Contributions. (a) The A Member shall not receive out from the Company any portion of the Company’s property any part of its a Capital Contribution until all indebtedness, liabilities of the Company Company, except any indebtedness, liabilities and obligations to Members on account of their Capital Contributions, have been paid or there remains property of the Company sufficient to pay them. A Member, irrespective of the nature of the Capital Contribution of such liabilitiesMember, has only the right to demand and receive cash in return for such Capital Contribution.
Appears in 1 contract
Samples: Operating Agreement (Insight Communications Co Inc)
Withdrawal or Reduction of Capital Contributions. (a1) The A Member shall not receive out of the Company’s 's property any part of its Capital Contribution until all liabilities of the Company Company, except the liabilities to Members on account of their Capital Contributions, have been paid or and there remains property of the Company sufficient to pay such liabilities.
Appears in 1 contract
Samples: Operating Agreement (Texas San Macros Treatment Center Lp)
Withdrawal or Reduction of Capital Contributions. (a) The A Member shall not receive out of the Company’s property any part of its Capital Contribution until all liabilities of the Company Company, except the liabilities to Members on account of their Capital Contributions, have been paid or there remains property of the Company sufficient to pay such liabilities.
Appears in 1 contract
Samples: Limited Liability Company Agreement (First Cash, Ltd.)
Withdrawal or Reduction of Capital Contributions. (a) The Member shall not receive out of the Company’s property any part of its his Capital Contribution until all liabilities of the Company have been paid or there remains property of the Company sufficient to pay such liabilities.
Appears in 1 contract
Withdrawal or Reduction of Capital Contributions. (a) The A Member shall not receive out from the Company any portion of the Company’s property any part of its a Capital Contribution until all indebtedness, liabilities of the Company Company, except any indebtedness, liabilities and obligations to Members on account of their Capital Contributions, have been paid or there remains property of the Company Company, in the sole discretion of a majority in interest of the Members sufficient to pay them. A Member, irrespective of the nature of the Capital Contribution of such liabilitiesMember, has only the right to demand and receive cash in return for such Capital Contribution.
Appears in 1 contract
Withdrawal or Reduction of Capital Contributions. (a) The A Member shall not receive out from the Company any portion of the Company’s property any part of its a Capital Contribution until all indebtedness and liabilities of the Company Company, except any indebtedness, liabilities and obligations to Members on account of their Capital Contributions, have been paid or there remains property of the Company Company, in the sole discretion of the Required Members, sufficient to pay them. A Member, irrespective of the nature of the Capital Contribution of such liabilitiesMember, has only the right to demand and receive cash in return for such Capital Contribution.
Appears in 1 contract
Samples: Operating Agreement (HTS-Sunset Harbor Partner, L.L.C.)
Withdrawal or Reduction of Capital Contributions. (a) The A Member shall not receive out from the Company any portion of the Company’s property any part of its his Capital Contribution until all indebtedness and liabilities of the Company Company, except any indebtedness, liabilities and obligations owing to Members on account of their Capital Contributions, have been paid or there remains property Property of the Company Company, in the sole discretion of the Members, sufficient to pay such liabilitiesthem. No distributions shall be made from the Capital Contributions of a Member without the consent of Members owning a Majority in Interest.
Appears in 1 contract
Withdrawal or Reduction of Capital Contributions. (a) The A Member shall not receive out from the Company any portion of the Company’s property any part of its a Capital Contribution until all indebtedness and liabilities of the Company Company, (except any indebtedness, liabilities and obligations to Members on account of their Capital Contributions), have been paid or there remains property of the Company Company, in the sole discretion of the Managers, sufficient to pay them. A Member, irrespective of the nature of the Capital Contribution of such liabilitiesMember, has only the right to demand and receive cash in return for such Capital Contribution.
Appears in 1 contract
