Common use of No Interest Payable on Accounts Clause in Contracts

No Interest Payable on Accounts. No interest shall be paid to any Member on any amount that it has contributed to the Company or on any balance in its Capital Account, except as expressly provided in this Agreement.

Appears in 4 contracts

Samples: Limited Liability Company Agreement (Brookfield Asset Management Inc.), Limited Liability Company Agreement (Brookfield Retail Holdings LLC), Limited Liability Company Agreement (Brookfield Retail Holdings LLC)

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No Interest Payable on Accounts. No interest shall be paid to any Member Partner on any amount that it has contributed to the Company Partnership or on any balance in its Capital Account, except as expressly provided in this Agreement.

Appears in 2 contracts

Samples: Limited Partnership Agreement (Brookfield Retail Holdings LLC), Limited Partnership Agreement (Brookfield Retail Holdings LLC)

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