Common use of Withdrawal or Return of Capital Clause in Contracts

Withdrawal or Return of Capital. Except as provided in this Agreement, including Sections 4.06 and 5.01, no Member is entitled to the return of or has the right to withdraw any part of its Capital Contribution from the Company prior to its liquidation and termination pursuant to Article X hereof. No Member is entitled to be paid interest in respect of either its Capital Account or its Capital Contributions. Any unrepaid Capital Contribution is not a liability of the Company or of the other Members. A Member is not required to contribute or to lend any cash or property to the Company to enable the Company to return any other Member’s Capital Contributions.

Appears in 3 contracts

Samples: Limited Liability Company Agreement (Crestwood Midstream Partners LP), Limited Liability Company Agreement (Crestwood Midstream Partners LP), Limited Liability Company Agreement (Crestwood Midstream Partners LP)

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Withdrawal or Return of Capital. Except as provided in this Agreement, including Sections 4.06 and 5.01, no Member is entitled to the return of or has the right to withdraw any part of its Capital Contribution from the Company prior to its liquidation and termination pursuant to Article X hereof. No Member is entitled to be paid interest in respect of either its Capital Account or its Capital Contributions. Any unrepaid Capital Contribution is not a liability of the Company or of the other Members. A Member is not required to contribute or to lend any cash or property to the Company to enable the Company to return any other Member’s Capital Contributions.. 4.05

Appears in 1 contract

Samples: Limited Liability Company Agreement

Withdrawal or Return of Capital. Except as provided in this Agreement, including Sections 4.06 and 5.01, no Member is entitled to the return of or has the right to withdraw any part of its Capital Contribution from the Company prior to its liquidation and termination pursuant to Article X hereof. X. No Member is entitled to be paid interest in respect of either its Capital Account or its Capital Contributions. Any unrepaid Capital Contribution is not a liability of the Company or of the other Members. A Member is not required to contribute or to lend any cash or property to the Company to enable the Company to return any other Member’s Capital Contributions.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Summit Midstream Partners, LP)

Withdrawal or Return of Capital. Except as provided otherwise set forth in this Agreement, including Sections 4.06 and 5.01, : (a) no Member is entitled to the return of or has the right to withdraw any part of its Capital Contribution from the Company prior to its the Company’s liquidation and termination dissolution pursuant to Article X hereof. No ‎Article IX, (b) no Member is entitled to be paid interest in respect of either its Capital Account or its Capital Contributions. Any unrepaid , (c) any unreturned Capital Contribution is not a liability of the Company or of the other Members. A , (d) no Member is not required to contribute or to lend any cash or property to the Company to enable the Company to return any other Member’s Capital Contributions.Contributions and (e) no Member is required to restore any deficit balance in such Member’s Capital Account. ​

Appears in 1 contract

Samples: Limited Liability Company Agreement (Evolve Transition Infrastructure LP)

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Withdrawal or Return of Capital. Except as provided in this Agreement, including Sections 4.06 4.04 and 5.01, no Member is entitled to the return of or has the right to withdraw any part of its Capital Contribution from the Company prior to its liquidation and termination pursuant to Article X hereof. No Member is entitled to be paid interest in respect of either its Capital Account or its Capital Contributions. Any unrepaid Capital Contribution is not a liability of the Company or of the other Members. A Member is not required to contribute or to lend any cash or property to the Company to enable the Company to return any other Member’s Capital Contributions.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Crestwood Midstream Partners LP)

Withdrawal or Return of Capital. Except as provided in this Agreement, including Sections 4.06 and 5.01, no Member is entitled to the return of or has the right to withdraw any part of its Capital Contribution from the Company prior to its liquidation and termination pursuant to Article X hereofXI. No Member is entitled to be paid interest in respect of either its Capital Account or its Capital Contributions. Any unrepaid Capital Contribution is not a liability of the Company or of the other Members. A Member is not required to contribute or to lend any cash or property to the Company to enable the Company to return any other Member’s Capital Contributions.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Arc Logistics Partners LP)

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