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

Withdrawal or Reduction of Members’ Capital Contributions. No Member shall have the right to withdraw from the LLC except as provided in Section 12.3 hereof. A Member shall not receive out of the LLC's property all or any part of such Member's Capital Contributions except as provided in Sections 5.7 and 12.4 hereof.

Appears in 4 contracts

Samples: Operating Agreement (O Charleys Inc), Operating Agreement (O Charleys Inc), Operating Agreement (O Charleys Inc)

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Withdrawal or Reduction of Members’ Capital Contributions. No Member shall have the right to withdraw from the LLC except as provided in Section 12.3 hereofLLC. A Member shall not receive out of the LLC's property all or any part of such Member's Capital Contributions Contributions, except as provided in Sections 5.7 and 12.4 12.3 hereof.

Appears in 1 contract

Samples: Limited Liability Company Agreement (O Charleys Inc)

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Withdrawal or Reduction of Members’ Capital Contributions. No Member shall have the right to withdraw from the LLC except as provided in Section 12.3 hereofLLC. A Member shall not receive out of the LLC's property all or any part of such Member's Capital Contributions except as provided in Sections 5.7 and 12.4 12.3 hereof.

Appears in 1 contract

Samples: Limited Liability Company Agreement (O Charleys Inc)

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