Common use of Withdrawal or Reduction of Capital Contributions Clause in Contracts

Withdrawal or Reduction of Capital Contributions. (a) Except as expressly provided in this Agreement, no Member shall have the right to withdraw from the Company all or any part of its Capital Contribution.

Appears in 9 contracts

Samples: Limited Liability Company Agreement (Phillips 66), Limited Liability Company Agreement (Phillips 66), Consent Agreement (Phillips 66)

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Withdrawal or Reduction of Capital Contributions. (a) 8.3.1 Except as expressly provided in this Agreement, no Member shall have the right to withdraw from the Company all or any part of his or its Capital ContributionContribution prior to the dissolution and winding up of the Company.

Appears in 1 contract

Samples: Operating Agreement (Benchmark Real Estate Investment Fund, LLC)

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