Common use of Interest on and Return of Capital Contributions Clause in Contracts

Interest on and Return of Capital Contributions. Neither the Member nor any Series Member shall be entitled to interest on its Capital Contributions or to return of any of its Capital Contributions.

Appears in 5 contracts

Samples: Limited Liability Company Agreement, Limited Liability Company Agreement (Landa App 3 LLC), Limited Liability Company Agreement (Landa App 2 LLC)

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Interest on and Return of Capital Contributions. Neither the Member nor any Series The Member shall not be entitled to interest on its Capital Contributions or to return of any of its Capital Contributions, and except as may be set forth in a Separate Series Operating Agreement for any Series, no Series Member will be entitled to interest on any of its Capital Contributions or to return of any of its Capital Contributions.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Landa App LLC), Limited Liability Company Agreement (Landa App 2 LLC)

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