Withdrawal or Reduction of Members’ Contributions to Capital. No Member shall have the right to withdraw all or any part of his Capital Contribution or to receive any return on any portion of his Capital Contribution, except as may be otherwise specifically provided in this Agreement. Under circumstances involving a return of any Capital Contribution, no Member shall have the right to receive property other than cash.
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Samples: Limited Liability Company Agreement (Anglo-Suisse Offshore Pipeline Partners, LLC), Limited Liability Company Operating Agreement (Anglo-Suisse Offshore Pipeline Partners, LLC)
Withdrawal or Reduction of Members’ Contributions to Capital. 8.6.1 No Member shall have the right to withdraw all or any part of his its Capital Contribution or to receive any return on any portion of his its Capital Contribution, except as may be otherwise specifically provided in this Agreement. Under circumstances involving In the event of a return of any Capital Contribution, no Member shall have the right to receive property other than cash.
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Withdrawal or Reduction of Members’ Contributions to Capital. (a) No Member member shall have the right to withdraw all or any part of his its Capital Contribution or to receive any return on any portion of his their Capital Contribution, except as may be otherwise specifically provided in this Agreement. Under circumstances involving a return of any Capital Contribution, no Member shall have the right to receive property other than cash.
Appears in 1 contract
Samples: Operating Agreement
Withdrawal or Reduction of Members’ Contributions to Capital. (a) No Member shall have the right to withdraw all or any part of his its Capital Contribution or to receive any return on any portion of his its Capital ContributionContributions, except as may be otherwise specifically provided in this Agreement. Under circumstances involving a return of any Capital ContributionContributions, no Member shall have the right to receive property other than cash.
Appears in 1 contract
Samples: Operating Agreement