Common use of Interest on Capital Contributions Clause in Contracts

Interest on Capital Contributions. No interest shall be paid on, or in respect of, any Capital Contribution to the Company by any Member, nor shall any Member have the right to demand or receive cash or other property in return for the Member’s Capital Contribution.

Appears in 20 contracts

Samples: Limited Liability Company Operating Agreement, Limited Liability Company Operating Agreement (Greenbacker Renewable Energy Co LLC), Limited Liability Company Operating Agreement (Redwood Mortgage Investors IX)

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Interest on Capital Contributions. No interest Member shall be paid on, or in respect of, any Capital Contribution entitled to interest from the Company by on or with respect to any Member, nor shall any Member have the right to demand or receive cash or other property in return for the Member’s Capital Contribution.

Appears in 3 contracts

Samples: Limited Liability Company Agreement (Station Voteco LLC), Operating Agreement (Station Casinos LLC), Operating Agreement (Station Casinos LLC)

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