Common use of Capital Withdrawal Rights, Interest and Priority Clause in Contracts

Capital Withdrawal Rights, Interest and Priority. Except as expressly provided in this Agreement, no Partner shall be entitled to (a) withdraw or reduce such Partner’s Capital Contribution or to receive any distributions from the Partnership, or (b) receive or be credited with any interest on the balance of such Partner’s Capital Contribution at any time.

Appears in 10 contracts

Samples: Limited Partnership Agreement (Plains All American Pipeline Lp), Limited Partnership Agreement (Plains All American Pipeline Lp), Limited Partnership Agreement (Plains Gp Holdings Lp)

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Capital Withdrawal Rights, Interest and Priority. Except as expressly provided in this Agreement, no Partner shall be entitled to (a) withdraw or reduce such Partner’s Capital Contribution or to receive any distributions from the Partnership, or (b) receive or be credited with any interest on the balance of such Partner’s Capital Contribution at any time. An unrepaid Capital Contribution is not a liability of the Partnership or of any Partner.

Appears in 4 contracts

Samples: Limited Partnership Agreement (Natural Resource Partners Lp), Contribution Agreement (Natural Resource Partners Lp), Agreement (Natural Resource Partners Lp)

Capital Withdrawal Rights, Interest and Priority. Except as expressly provided in this Agreement, no Partner shall be entitled to (ai) withdraw or reduce such Partner’s Capital Contribution or to Account, (ii) receive any distributions Distributions from the Partnership, or (biii) demand or receive or be credited with any interest on the balance of property other than cash in return for such Partner’s Capital Contribution at any timeContribution.

Appears in 2 contracts

Samples: The Agreement and Plan of Merger (Jefferson Pilot Corp), Limited Partnership Agreement (Lincoln National Corp)

Capital Withdrawal Rights, Interest and Priority. Except as expressly provided in this Agreement, no Partner shall be entitled to (a) withdraw or reduce such Partner’s Capital Contribution Account or to receive any distributions from the Partnership, and no Partner shall be entitled to demand or (b) receive or property other than cash in return for its Capital Contribution. Except as may be credited with otherwise expressly provided herein, no Partner shall have any interest on priority over any other Partner, as to the balance return of such Partner’s Capital Contribution at any timeor Capital Account balance.

Appears in 2 contracts

Samples: Agreement (BuyDebtCo, LLC), BuyDebtCo, LLC

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Capital Withdrawal Rights, Interest and Priority. Except as expressly provided in this Agreement, no Partner shall be entitled to (a) withdraw its Capital Contributions or reduce the balance in such Partner’s 's Capital Contribution or to receive any distributions from the PartnershipAccount, or (b) receive any Distributions from DFS or (c) demand or receive Property other than cash in return for its Capital Contributions. No Partner shall be entitled to receive or be credited with any interest on such Partner's Capital Account at any time. No Partner shall have any priority over any other Partner as to the balance return of such Partner’s 's Capital Contribution at any timeInterest. CONFIDENTIAL TREATMENT REQUESTED BY CIT GROUP INC.

Appears in 1 contract

Samples: Execution (Cit Group Inc)

Capital Withdrawal Rights, Interest and Priority. Except as expressly provided in this Agreement, no Partner shall be entitled to (a) withdraw or reduce such Partner’s Capital Contribution Account or to receive any distributions from the Partnership, and no Partner shall be entitled to demand or (b) receive property other than cash in return for its Capital Contribution. No Partner shall be entitled to receive or be credited with any interest on such Partner’s Capital Contribution or the balance in such Partner’s Capital Account at any time. Except as may be otherwise expressly provided herein, no Partner shall have any priority over any other Partner as to the return of such Partner’s Capital Contribution at any timeor Capital Account balance.

Appears in 1 contract

Samples: Shareholders Agreement (Advanced BioEnergy, LLC)

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