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

Withdrawal or Reduction of Members’ Capital Contributions. (a) No Member has the right to withdraw all or any part of the Member’s Capital Contribution or to receive any return on any portion of the Member’s Capital Contribution, except as may be otherwise specifically provided in this Agreement. Under circumstances involving a return of any Capital Contribution, no Member has the right to receive property other than cash. (b) Unless the Board from time to time by resolution fixes the relative rights and preferences of different classes or series of Membership Units, no Member shall have priority over any other Members, either as to the return of Capital Contributions or as to Losses and Profits, or distributions, except as otherwise provided herein.

Withdrawal or Reduction of Members’ Capital Contributions. The withdrawal or reduction of Members' contributions to the capital of the Company shall be governed by Section 21-2619 of the Act, as amended from time to time; provided, however: (a) No Member has the right to withdraw all or any part of the Member’s his Capital Contribution or to receive any return on any portion of the Member’s his Capital Contribution, except as may be otherwise specifically provided in this Agreement. Under circumstances involving a return of any Capital Contribution, no Member has the right to receive property other than cash. (b) Unless the Board from time to time by resolution fixes the relative rights and preferences of different classes or series of Membership Units, no No Member shall have priority over any other Members, either as to the return of Capital Contributions or as to Losses and Profits, or distributions, except as otherwise provided herein.

Withdrawal or Reduction of Members’ Capital Contributions. The withdrawal or reduction of Members’ contributions to the capital of the Company shall be governed by Section 21-2619 of the Act, as amended from time to time; provided, however: (a) No Member has the right to withdraw all or any part of the Member’s his Capital Contribution or to receive any return on any portion of the Member’s his Capital Contribution, except as may be otherwise specifically provided in this Agreement. Under circumstances involving a return of any Capital Contribution, no Member has the right to receive property other than cash. (b) Unless the Board from time to time by resolution fixes the relative rights and preferences of different classes or series of Membership Units, no No Member shall have priority over any other Members, either as to the return of Capital Contributions or as to Losses and Profits, or distributions, except as otherwise provided herein.