Common use of Withdrawal and Return of Capital Clause in Contracts

Withdrawal and Return of Capital. Except as specifically provided in this Agreement, no Partner shall (i) withdraw any portion of its Capital Contribution or Capital Account balance or (ii) be entitled to any return of such Partner’s Capital Contribution, distribution in respect of such Partner’s Capital Account balance, or other distribution in respect of such Partner’s interest in the Partnership. However, nothing in this Section 3.4 shall prevent the Partnership from returning to a Partner any amounts paid by such Partner to the Partnership in excess of amounts actually due to the Partnership from such Partner.

Appears in 4 contracts

Samples: Purchase Agreement (Blockstack Token LLC), Purchase Agreement (Blockstack Token LLC), Blockstack Inc.

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