No Interest on Initial Capital Contributions or Retained Profits Sample Clauses

No Interest on Initial Capital Contributions or Retained Profits. The Members shall not be entitled to interest on their respective Capital Contributions, and on any Profits retained by the Company.
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Related to No Interest on Initial Capital Contributions or Retained Profits

  • No Interest on Capital Contributions The Member shall not be entitled to interest on any capital contributions made to the Company.

  • No Interest on Contributions No Partner shall be entitled to interest on its Capital Contribution.

  • Interest on Capital Contributions No Member shall be entitled to any interest on its capital contribution.

  • Interest on and Return of Capital Contributions No Member shall be entitled to interest on its Capital Contribution or to return of its Capital Contribution, except as otherwise specifically provided for herein.

  • No Additional Capital Contributions Except as otherwise provided in this Article V, no Partner shall be required to make additional Capital Contributions to the Partnership without the consent of such Partner or permitted to make additional capital contributions to the Partnership without the consent of the General Partner.

  • Additional Capital Contributions No Member shall be required to make additional capital contributions. A Member may make additional capital contributions to the Company.

  • Capital Contributions Capital Accounts The capital contribution of the Sole Member is set forth on Annex A attached hereto. Except as required by applicable law, the Sole Member shall not at any time be required to make additional contributions of capital to the Company. The capital accounts of the members shall be adjusted for distributions and allocations made in accordance with Section 8.

  • Initial Capital Contributions (a) The Partners have made, on or prior to the date hereof, Capital Contributions and, in exchange, the Partnership has issued to the Partners the number of Class A Units as specified in the books and records of the Partnership.

  • Capital Contributions; Percentage Interest The Members shall make contributions to the Company in an amount approved by the Members. No Member shall be required or permitted to make any additional contributions without the consent of all of the Members. The percentage interest of each Member in the Company shall be as set forth in the books and records of the Company, as amended from time to time by Managing Member consent.

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