Capital Withdrawal Rights, Interest and Priority. Except as expressly provided in this Agreement, no Member shall be entitled to (a) withdraw or reduce such Member’s Capital Contribution or to receive any distributions from the Company, or (b) receive or be credited with any interest on the balance of such Member’s Capital Contribution at any time.
Appears in 10 contracts
Samples: Limited Liability Company Agreement (Plains All American Pipeline Lp), Limited Liability Company Agreement (Paa Natural Gas Storage Lp), Limited Liability Company Agreement (Oasis Midstream Partners LP)
Capital Withdrawal Rights, Interest and Priority. Except as expressly provided in this Agreement, no Member shall be entitled to (a) to withdraw or reduce such Member’s 's Capital Contribution or to receive any distributions from the Company, or (b) to receive or be credited with any interest on the balance of such Member’s 's Capital Contribution at any time.
Appears in 5 contracts
Samples: Operating Agreement (Chiles Magellan LLC), Operating Agreement (Chiles Offshore LLC), Operating Agreement (Seacor Smit Inc)
Capital Withdrawal Rights, Interest and Priority. Except as expressly provided in this Agreement, no Member shall be entitled to (a) withdraw or reduce such Member’s Capital Contribution Account or to receive any distributions from the Company, Distributions. No Member shall be entitled to demand or (b) receive any Distribution in any form other than in cash. No Member shall be entitled to receive or be credited with any interest on the balance of in such Member’s Capital Contribution Account at any time. Except as may be otherwise expressly provided herein, no Member shall have any priority over any other Member as to the return of the balance in such Member’s Capital Account.
Appears in 4 contracts
Samples: Operating Agreement (West Corp), Operating Agreement, Operating Agreement (West Corp)
Capital Withdrawal Rights, Interest and Priority. Except as expressly provided in this Agreement, no Member shall be entitled to (a) withdraw or reduce such Member’s Capital Contribution or to receive any distributions from the Company, or (b) receive or be credited with any interest on the balance of such Member’s Capital Contribution at any time. An unrepaid Capital Contribution is not a liability of the Company or of any Member.
Appears in 3 contracts
Samples: Limited Liability Company Agreement (Natural Resource Partners Lp), Contribution Agreement (Natural Resource Partners Lp), Limited Liability Company Agreement (Natural Resource Partners Lp)
Capital Withdrawal Rights, Interest and Priority. Except as expressly provided in this Agreement, no Member shall be is entitled to (a) withdraw or reduce such Member’s Capital Contribution Account or to receive any distributions from the Company, Distributions. No Member is entitled to demand or (b) receive any Distribution in any form other than in cash. No Member is entitled to receive or be credited with any interest on the balance of in such Member’s Capital Contribution Account at any time. Except as may be otherwise expressly provided herein, no Member has any priority over any other Member as to the return of the balance in such Member’s Capital Account.
Appears in 3 contracts
Samples: Limited Liability Company Agreement (Inergy Holdings LLC), Limited Liability Company Agreement (Genelux Corp), Operating Agreement (Inergy Pipeline East, LLC)
Capital Withdrawal Rights, Interest and Priority. Except as expressly provided in this Agreement, no Member shall be entitled to (a) withdraw or reduce such Member’s 's Capital Contribution Account or to receive any distributions from the Company, Distributions. No Member shall be entitled to demand or (b) receive any Distribution in any form other than in cash. No Member shall be entitled to receive or be credited with any interest on the balance of in such Member’s 's Capital Contribution Account at any time. Except as may be otherwise expressly provided herein, no Member shall have any priority over any other Member as to the return of the balance in such Member's Capital Account.
Appears in 2 contracts
Samples: Operating Agreement (Tortoise Total Return Fund, LLC), Limited Liability Company Agreement (R H Donnelley Corp)
Capital Withdrawal Rights, Interest and Priority. Except as expressly provided in this Agreement, no Member shall be entitled to (a) withdraw its Capital Contributions or reduce the balance in such Member’s Capital Contribution or to receive any distributions from the CompanyAccount, or (b) receive any Distributions from DFS or (c) demand or receive Property other than cash in return for its Capital Contributions. No Member shall be entitled to receive or be credited with any interest on such Member’s Capital Account at any time. No Member shall have any priority over any other Member as to the balance return of such Member’s Capital Contribution at any timeAccount.
Appears in 1 contract
Capital Withdrawal Rights, Interest and Priority. Except as expressly provided in this Agreement, no Member shall be entitled to (a) withdraw or reduce such Member’s 's Capital Contribution or to receive any distributions from the Company, or (b) receive or be credited with any interest on the balance of such Member’s 's Capital Contribution at any time.. ARTICLE 4
Appears in 1 contract
Samples: Limited Liability Company Agreement (Plains All American Pipeline Lp)
Capital Withdrawal Rights, Interest and Priority. Except as expressly provided in this Agreement, no Member shall be entitled to (a) withdraw or reduce such Member’s 's Capital Contribution or to receive any distributions from the Company, or (b) receive or be credited with any interest on the balance of such Member’s 's Capital Contribution at any time.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Plains Resources Inc)
Capital Withdrawal Rights, Interest and Priority. Except as ------------------------------------------------ expressly provided in this Agreement, no Member shall be entitled to (a) withdraw or reduce such Member’s 's Capital Contribution or to receive any distributions from the Company, or (b) receive or be credited with any interest on the balance of such Member’s 's Capital Contribution at any time.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Plains All American Pipeline Lp)
