Common use of Withdrawal of Capital Clause in Contracts

Withdrawal of Capital. No Member shall have any right to withdraw from the Company except in connection with the admission of one or more Transferees of all of such Member's Shares in the Company. No Member shall have any right to require the Company to repurchase or redeem all or any portion of its Shares except as provided in or pursuant to any Statement of Preferences. Further, no Common Member shall have any right to withdraw its Common Share Commitment.

Appears in 3 contracts

Samples: Operating Agreement (Special Value Expansion Fund, LLC), Operating Agreement (Tennenbaum Opportunities Fund V, LLC), Operating Agreement (Special Value Opportunities Fund LLC)

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Withdrawal of Capital. No Except as may be specifically provided in this Agreement, no Member shall have any the right to withdraw from the Company except in connection with the admission all or any part of one his or more Transferees of all of such Member's Shares in the Company. No Member her capital contribution nor shall he or she have any right to require demand and receive property or cash of the Company to repurchase in return of his or redeem all or any portion of its Shares except as provided in or pursuant to any Statement of Preferences. Further, no Common Member shall have any right to withdraw its Common Share Commitmenther capital contribution.

Appears in 3 contracts

Samples: Operating Agreement, Operating Agreement, Operating Agreement

Withdrawal of Capital. No Except as specifically provided in this Agreement, no Member shall have any the right to (a) withdraw from the Company except all or any part of its Stated Contribution Amount or capital contributions made to the Company, or (b) demand and receive property or cash of the Company in connection with the admission of one or more Transferees of all return of such Member's Shares in ’s Stated Contribution Amount or capital contributions made to the Company. No Member shall have any right to require the Company to repurchase or redeem all or any portion of its Shares except as provided in or pursuant to any Statement of Preferences. Further, no Common Member shall have any right to withdraw its Common Share Commitment.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Cb Richard Ellis Realty Trust), Limited Liability Company Agreement (Cb Richard Ellis Realty Trust)

Withdrawal of Capital. No Member member shall have any right to withdraw from the Company except in connection with the admission of one or more Transferees of all of such Member's Shares in the Company. No Member shall have any right to require the Company to repurchase or redeem all or any portion of its Shares except as provided in or pursuant to any Statement of Preferences. Further, no Common Member shall have any right to withdraw its Common Share Commitmentcapital contributions, or to demand or receive the return of its capital contributions, or any part thereof, except as otherwise expressly provided in this Agreement. Neither the LLC or any member shall be personally liable or responsible for the return of the capital contributions of the members, and any such returns shall be made solely from the assets of the LLC.

Appears in 2 contracts

Samples: Operating Agreement (Vertical Computer Systems Inc), Operating Agreement (Vertical Computer Systems Inc)

Withdrawal of Capital. No Member shall have any right the rights to withdraw from his or her capital contributions or to demand and receive property of the Company except in connection with the admission of one or more Transferees of all of such Member's Shares in the Company. No Member shall have any right to require the Company to repurchase or redeem all or any portion of its Shares distribution in return for his capital contributions, except as may be specifically provided in this Agreement or pursuant to any Statement of Preferences. Further, no Common Member shall have any right to withdraw its Common Share Commitmentrequired by the Act.

Appears in 2 contracts

Samples: Operating Agreement (Carrabba's/Colorado-I, Limited Partnership), Operating Agreement (Carrabba's/Colorado-I, Limited Partnership)

Withdrawal of Capital. No Except as otherwise set forth in this Agreement, no Capital Member shall have any the right to withdraw capital from the Company except in connection with the admission of one or more Transferees of all of such Member's Shares in the Company. No Member shall have to receive any right to require the Company to repurchase distribution or redeem all or any portion return of its Shares except as provided in or pursuant to any Statement of Preferences. Further, no Common Member shall have any right to withdraw its Common Share CommitmentCapital Contribution.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (CMG Information Services Inc), Limited Liability Company Agreement (CMG Information Services Inc)

Withdrawal of Capital. No Member shall have any the right to withdraw from any part of his or her capital contribution prior to the Company dissolution of the LLC, except as provided in connection with the admission of one or more Transferees of all of such Member's Shares in the Companythis Agreement. No Member shall be entitled to interest on his or her capital contribution. Each Member expressly waives the right, if any, to bring an action for partition of any property in which the LLC may have any right to require the Company to repurchase or redeem all or any portion of its Shares except as provided in or pursuant to any Statement of Preferences. Further, no Common Member shall have any right to withdraw its Common Share Commitmentan interest.

Appears in 1 contract

Samples: Operating Agreement (Fastfunds Financial Corp)

Withdrawal of Capital. No Member shall have any right to withdraw from the Company except in connection with the admission of one or more Transferees of all of such Member's Shares in the Company. No Member shall have any right to require the Company to repurchase or redeem all or any portion of its Shares except as provided in or pursuant to any Statement of Preferences. Further, no Common Member shall have any right to withdraw its Common Share CommitmentCapital Contributions, or to demand or receive the return of its Capital Contributions, or any part thereof, except as otherwise expressly provided in this Agreement. Neither the LLC nor any Member shall be personally liable or responsible for the return of the Capital Contributions of the Members, and any such returns shall be made solely from the assets of the LLC.

Appears in 1 contract

Samples: Operating Agreement

Withdrawal of Capital. No Member shall have any the right to withdraw from his or her capital contribution or to demand and receive property of the Company or any distribution in return for his or her capital contribution, except as may be specifically provided in connection with the admission of one this Agreement or more Transferees of all of such Member's Shares in the Companyrequired by law. No Member shall have receive out of Company property any right to require part of their capital contribution until (i) all liabilities of the Company (except liabilities to repurchase Members on account of their contributions to capital) have been paid or redeem sufficient property of the Company remains to pay them, and (ii) the consent of all or any portion Members is received, unless the return of its Shares except the contribution to capital may be rightfully demanded as provided in or pursuant to any Statement of Preferences. Further, no Common Member shall have any right to withdraw its Common Share Commitmentby law.

Appears in 1 contract

Samples: Operating Agreement (Hawker Beechcraft Quality Support Co)

Withdrawal of Capital. No Except as may be specifically provided in this Agreement, no Member shall have any the right to withdraw from the Company except in connection with the admission all or any part of one or more Transferees of all of its capital contribution nor shall such Member's Shares in the Company. No Member shall have any right to require demand and receive property or cash of the Company to repurchase or redeem all or any portion in return of its Shares except as provided in or pursuant to any Statement of Preferences. Further, no Common Member shall have any right to withdraw its Common Share Commitmentcapital contribution.

Appears in 1 contract

Samples: Operating Agreement (Merrill Merchants Bancshares Inc)

Withdrawal of Capital. No Except as otherwise provided in this Agreement, no Member shall have the right to withdraw all or any part of his Capital Contribution. In the event a Member becomes entitled to withdraw his Capital Contribution pursuant to the terms of this Agreement, such Member shall not have any right to withdraw from demand and receive Property (other than cash) of the Company except in connection with the admission return of one or more Transferees of all of such Member's Shares in the Company. No Member shall have any right to require the Company to repurchase or redeem all or any portion of its Shares except as provided in or pursuant to any Statement of Preferences. Further, no Common Member shall have any right to withdraw its Common Share Commitmenthis Capital Contribution.

Appears in 1 contract

Samples: Operating Agreement (Venetian Blends, Inc.)

Withdrawal of Capital. No Except as specifically provided in this Agreement, no Member shall have any right will be entitled to withdraw all or any part of such Person's Capital Contribution or Capital Account from the Company except in connection with the admission of one or more Transferees of all of such Member's Shares in prior to the Company. No Member shall have any right 's Dissolution and Liquidation or, when such withdrawal is permitted, to require the Company to repurchase or redeem all or any portion demand a Distribution of its Shares except as provided in or pursuant to any Statement of Preferences. Further, no Common Member shall have any right to withdraw its Common Share Commitmentproperty other than money.

Appears in 1 contract

Samples: Operating Agreement (Bluefly Inc)

Withdrawal of Capital. No Member shall have any the right to withdraw ---------------------- from the Company except in connection with the admission all or any part of one its capital contribution or more Transferees of all of such Member's Shares in to receive any funds or property from the Company, except as provided herein. No Member shall have any right to require demand and receive property, other than cash of the Company to repurchase or redeem all or any portion in return of its Shares capital contribution, except as may be specifically provided in or pursuant to this Agreement. No interest shall be paid on any Statement of Preferences. Further, no Common Member shall have any right to withdraw its Common Share Commitmentcapital contribution.

Appears in 1 contract

Samples: Operating Agreement (Reckson Services Industries Inc)

Withdrawal of Capital. No Member shall have any the right to withdraw any part of its capital contributions from the Company except in connection with the admission of one Company, or more Transferees of all of such Member's Shares in receive any distributions from the Company, except as otherwise specifically provided in this Agreement. No Member shall have be entitled to demand or receive any right to require property from the Company to repurchase or redeem all or any portion in respect of its Shares Interest other than cash except as otherwise expressly provided in or pursuant to any Statement of Preferences. Further, no Common Member shall have any right to withdraw its Common Share Commitmentthis Agreement.

Appears in 1 contract

Samples: Operating Agreement (Antelope Coal LLC)

Withdrawal of Capital. No Member shall have any right to withdraw from the Company except in connection with the admission of one or more Transferees of all of such Member's Shares in the Company. No Member shall have any right to require the Company to repurchase or redeem all or any portion of its Shares except as provided in or pursuant to any Statement of Preferences. Further, no Common Member shall have any right to withdraw its Common Share Commitment.

Appears in 1 contract

Samples: Operating Agreement (Special Value Continuation Fund, LLC)

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Withdrawal of Capital. No Member shall have any right be entitled to withdraw any part of its Capital Account or to receive any distribution from the Company except in connection with the admission of one or more Transferees of all of such Member's Shares in the Company. No Member shall have any right to require the Company to repurchase or redeem all or any portion of its Shares , except as provided in or pursuant to any Statement of Preferences. Further, no Common Member shall have any right to withdraw its Common Share Commitmentthis Agreement.

Appears in 1 contract

Samples: Operating Agreement (Insight Communications Co Inc)

Withdrawal of Capital. No Except as may be specifically provided in this Operating Agreement, no Member shall have any the right to withdraw from the Company except in connection with the admission all or any part of one his or more Transferees of all of such Member's Shares in the Company. No Member her capital contribution nor shall he or she have any right to require demand and receive property or cash of the Company to repurchase in return of his or redeem all or any portion of its Shares except as provided in or pursuant to any Statement of Preferences. Further, no Common Member shall have any right to withdraw its Common Share Commitmenther capital contribution.

Appears in 1 contract

Samples: Operating Agreement

Withdrawal of Capital. No Except as specifically provided in this Agreement, no Member shall have any right will be entitled to withdraw all, or any part of, such Person's Capital Contribution or Capital Account from the Company except in connection with the admission of one or more Transferees of all of such Member's Shares in prior to the Company's Dissolution and Liquidation. No Member shall have any right to require the Company to repurchase or redeem all or any portion of its Shares except as provided in or pursuant to any Statement of Preferences. FurtherWhen such withdrawal is permitted, no Common Member shall have any right will be entitled to withdraw its Common Share Commitmentdemand a Distribution of property other than money.

Appears in 1 contract

Samples: Operating Agreement (Careinsite Inc)

Withdrawal of Capital. (a) No Member shall have any right to withdraw from the Company except in connection with the admission of one or more Transferees of all of such Member's Shares in the Company. No Member shall have any right to require the Company to repurchase or redeem all or any portion of its Shares except as provided in or pursuant to any Statement of Preferences. Further, no Common Member shall have any right to withdraw its Common Share Commitment.

Appears in 1 contract

Samples: Limited Liability Company Agreement (PNMAC Mortgage Opportunity Fund, LLC)

Withdrawal of Capital. No Except as specifically provided in this Agreement, no Member shall have any right will be entitled to withdraw all or any part of such Person’s Capital Account from the Company except in connection with the admission of one or more Transferees of all of such Member's Shares in prior to the Company. No Member shall have any right ’s dissolution and Liquidation or to require the Company to repurchase demand a distribution of property or redeem all or any portion of its Shares except as provided in or pursuant to any Statement of Preferences. Further, no Common Member shall have any right to withdraw its Common Share Commitmentmoney.

Appears in 1 contract

Samples: Operating Agreement (Siebert Financial Corp)

Withdrawal of Capital. No Without the written consent of the Members, and except as otherwise provided in this Agreement, no Member shall have any the right to withdraw from the Company except in connection with the admission of one or more Transferees of all any part of such Member's Shares in ’s Capital Contributions prior to the Company. No Member shall have any right to require liquidation and dissolution of the Company to repurchase or redeem all or any portion of its Shares except as provided in or pursuant to any Statement of Preferences. Further, no Common Member shall have any right to withdraw its Common Share Commitmentthis Agreement.

Appears in 1 contract

Samples: Limited Liability Company Agreement (F45 Training Holdings Inc.)

Withdrawal of Capital. No Except as specifically provided in this Agreement, no Member shall have any right will be entitled to withdraw all, or any part of, such Member's Capital Contribution or Capital Account from the Company except in connection with the admission of one or more Transferees of all of such Member's Shares in prior to the Company's dissolution and liquidation. No Member shall have any right to require the Company to repurchase or redeem all or any portion of its Shares When such withdrawal is permitted, except as specifically provided in or pursuant to any Statement of Preferences. Furtherthis Agreement, no Common Member shall have any right will be entitled to withdraw its Common Share Commitmentdemand a distribution of property other than money.

Appears in 1 contract

Samples: Operating Agreement (Mediconsult Com Inc)

Withdrawal of Capital. No Member Except as permitted in Section 7.2, and otherwise provided in this Agreement, no member shall have any right to withdraw from the Company except in connection with the admission of one or more Transferees of all of such Member's Shares in the Company. No Member shall have any right to require the Company to repurchase or redeem all or any portion of its Shares except as provided in or pursuant to any Statement of Preferences. Further, no Common Member shall have any right to withdraw its Common Share Commitmentcapital contributions, or to demand or receive the return of its capital contributions, or any part thereof, except as otherwise expressly provided in this Agreement. Neither the LLC or any member shall be personally liable or responsible for the return of the capital contributions of the members, and any such returns shall be made solely from the assets of the LLC.

Appears in 1 contract

Samples: Operating Agreement (Vertical Computer Systems Inc)

Withdrawal of Capital. No Except as specifically provided in this Agreement, no Member shall have any right will be entitled to withdraw all or any part of such Person's Capital Account from the Company except in connection with the admission of one or more Transferees of all of such Member's Shares in prior to the Company. No Member shall have any right 's Dissolution and Liquidation or to require the Company to repurchase demand a Distribution of property or redeem all or any portion of its Shares except as provided in or pursuant to any Statement of Preferences. Further, no Common Member shall have any right to withdraw its Common Share Commitmentmoney.

Appears in 1 contract

Samples: Operating Agreement (Siebert Financial Corp)

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