Common use of No Interest on or Right to Withdraw Capital Contributions Clause in Contracts

No Interest on or Right to Withdraw Capital Contributions. No interest shall be paid by the Company on capital contributions or on the balance in any capital account and no Member shall have the right to withdraw the Member’s capital contribution or to demand or receive a return of the Member’s capital contribution.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Manchester Mall Inc), Limited Liability Company Agreement (Manchester Mall Inc)

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No Interest on or Right to Withdraw Capital Contributions. No interest shall be paid by on any Capital Contribution (excluding the Company on capital contributions Financing Commitments set forth in Article 5, to the extent contemplated therein) or on the balance in any capital account and no Capital Account. No Member shall have the right to withdraw the Member’s capital contribution its Capital Contribution or to demand or receive a return of the Member’s capital contributionits Capital Contribution.

Appears in 2 contracts

Samples: Venture and Operating Agreement, License Agreement (Solazyme Inc)

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No Interest on or Right to Withdraw Capital Contributions. No interest shall be paid by on any contribution to the capital of the Company on capital contributions or on the balance in any capital account Capital Account and no Member shall have the right to withdraw the Member’s capital contribution his Capital Contribution or to demand or receive a return of the Member’s capital contributionhis Capital Contribution.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Wcof, LLC), Operating Agreement (Riggs National Corp)

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