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

Interest on and Return of Capital Contributions. Except as provided in Section 6.2, no interest shall accrue on any Capital Contributions and no Member shall have the right to demand or require the return of its Capital Contributions except to the extent, if any, that distributions made pursuant to the express terms of this Agreement may be considered as such by law or by unanimous agreement of the Members, or upon dissolution and liquidation of the Company, and then only to the extent expressly provided for in this Agreement and as permitted by law.

Appears in 3 contracts

Samples: Limited Liability Company Agreement (Antero Resources Finance Corp), Limited Liability Company Agreement (Antero Resources Finance Corp), Limited Liability Company Agreement (Antero Resources LLC)

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Interest on and Return of Capital Contributions. Except as provided in Section 6.2, no No interest shall accrue on any Capital Contributions and no Member Partner shall have the right to demand or require the return of its Capital Contributions except to the extent, if any, that distributions made pursuant to the express terms of this Agreement may be considered as such by law or by unanimous agreement of the MembersPartners, or upon dissolution winding up and liquidation of the CompanyPartnership, and then only to the extent expressly provided for in this Agreement and as permitted by law.

Appears in 2 contracts

Samples: Agreement (Eclipse Resources Corp), Eclipse Resources Corp

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Interest on and Return of Capital Contributions. Except as provided in Section 6.2, no No interest shall accrue on any Capital Contributions and and, except as provided herein, no Member shall have the right to demand or require the return of its Capital Contributions except to the extent, if any, that distributions made pursuant to the express terms of this Agreement may be considered as such by law or by unanimous agreement of the Members, or upon dissolution and liquidation of the Company, and then only to the extent expressly provided for in this Agreement and as permitted by law.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Westmoreland Coal Co)

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