Common use of Company Capital Clause in Contracts

Company Capital. No Holder shall be paid interest on any Capital Contribution to the Company or on such Holder’s Capital Account, and no Holder shall have any right (i) to demand the return of such Holder’s Capital Contribution or any other Distribution from the Company (whether upon resignation, withdrawal or otherwise), except upon dissolution of the Company pursuant to Article XI hereof, (ii) to seek or obtain a partition of any Company assets, or (iii) to own or use any particular or individual assets of the Company.

Appears in 13 contracts

Samples: Operating Agreement (Boise White Paper Sales Corp.), Operating Agreement (Officemax Inc), Operating Agreement (Boise White Paper Sales Corp.)

AutoNDA by SimpleDocs

Company Capital. No Holder shall be paid interest on any Capital Contribution to the Company or on such Holder’s 's Capital Account, and no Holder shall have any right (i) to demand the return of such Holder’s 's Capital Contribution or any other Distribution from the Company (whether upon resignation, withdrawal or otherwise), except upon dissolution of the Company pursuant to Article XI hereof, (ii) to seek or obtain a partition of any Company assets, or (iii) to own or use any particular or individual assets of the Company.

Appears in 6 contracts

Samples: Operating Agreement (Boise Building Solutions Manufacturing Holdings Corp.), Operating Agreement (Boise Building Solutions Manufacturing Holdings Corp.), Operating Agreement (Boise Building Solutions Manufacturing Holdings Corp.)

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.