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Common use of Interest on Contributions Clause in Contracts

Interest on Contributions. Capital Contributions to the Company shall not earn interest, unless otherwise agreed by the Members.

Appears in 2 contracts

Sources: Limited Liability Company Agreement (Student Loan Funding LLC), Limited Liability Company Agreement (Student Loan Funding LLC)

Parent Clauses

  • Capital Contributions
  • Contributions and Loans
  • Capital Contributions and Unit Allocation
  • Capital Contributions Loans
  • Educational Differential

Sub-Clauses

  • Election of Initial Manager
  • Distribution of Net Cash Flow
  • Fiduciary Duties
  • Allocations in the Event of Transfer or Liquidation
  • Time Devoted to Company; Conflicts
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