Common use of Capital of the Company Clause in Contracts

Capital of the Company. Except as expressly provided for in this Agreement, no Member shall be entitled to withdraw or receive any interest or other return on, or return of, all or any part of its Capital Contribution, or to receive any Company Assets (other than cash) in return for its Capital Contribution. The Class A Member shall not be entitled to make a Capital Contribution to the Company except as expressly authorized or required by this Agreement.

Appears in 7 contracts

Samples: Limited Liability Company Agreement (Hospitality Investors Trust, Inc.), Limited Liability Company Agreement (American Realty Capital Hospitality Trust, Inc.), Limited Liability Company Agreement (American Realty Capital Hospitality Trust, Inc.)

AutoNDA by SimpleDocs

Capital of the Company. Except as expressly otherwise provided for in this Agreement, no Member shall be entitled to withdraw or receive any interest or other return on, or return of, all or any part of any of its Capital ContributionContributions or Capital Account. Furthermore, or in no circumstances is any Member entitled to receive any Company Assets property (other than cash) in return for its Capital Contribution. The Class A Member shall not be entitled to make a Capital Contribution to the Company except as expressly authorized or required by this Agreement.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (PH Holding LLC), Limited Liability Company Agreement (PH Holding LLC)

Capital of the Company. Except as expressly provided for in this Agreement, no Member shall be entitled to withdraw or receive any interest or other return on, or return of, all or any part of its Capital Contribution, or to receive any Company Assets (other than cash) in return for its Capital Contribution. The Class A No Member shall not be entitled to make a Capital Contribution to the Company except as expressly authorized or required by this Agreement.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (New York REIT, Inc.), Membership Interest Purchase Agreement (New York REIT, Inc.)

Capital of the Company. Except as otherwise expressly provided for in this Agreement, no Member shall be entitled to withdraw or receive any interest or other return on, or return of, all or any part of its Capital Contribution, or to receive any Company Assets property (other than cash) in return for its Capital Contribution. The Class A No Member shall not be entitled to make a Capital Contribution to the Company except as expressly authorized or required by this Agreement.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Patriot Transportation Holding Inc), Limited Liability Company Agreement (Patriot Transportation Holding Inc)

Capital of the Company. Except as expressly provided for in this Agreement, no Member shall be entitled to withdraw or receive any interest or other return on, or return of, all or any part of its Capital Contribution, or to receive any Company Assets (other than cash) in return for its Capital ContributionContribution provided that RECP shall be entitled, in its sole and absolute discretion, to make a distribution to it at any time of the Equity Reserve. The Class A No Member shall not be entitled to make a Capital Contribution to the Company except as expressly authorized or required by this Agreement.

Appears in 1 contract

Samples: Contribution Agreement (Maguire Properties Inc)

AutoNDA by SimpleDocs

Capital of the Company. Except as specified in Sections 6.1 and 6.3, no Member will be obligated to contribute cash or other assets to the Company. Except as otherwise expressly provided for in this Agreement, no Member shall be entitled to withdraw or receive any interest or other return on, or return of, all or any part of its Capital Contribution, or to receive any Company Assets (other than cash) in return for its Capital Contribution. The Class A Member shall not be entitled to make a Capital Contribution to the Company except as expressly authorized or required by this Agreement.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Foursquare Capital Corp)

Capital of the Company. Except as otherwise expressly provided for in this Agreement, no Member shall be entitled to withdraw or receive any interest or other return on, or return of, all or any part of its Capital Contribution, or to receive any Company Assets (other than cash) in return for its Capital Contribution. The Class A No Member shall not be entitled to make a Capital Contribution to the Company except as expressly authorized or required by this AgreementAgreement or agreed to by all Members in writing.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Plymouth Industrial REIT Inc.)

Capital of the Company. Except as expressly provided for in this Agreement, no Member shall be entitled to withdraw or receive any interest or other return on, or return of, all or any part of its Capital Contribution, or to receive any Company of the Company’s Assets (other than cash) in return for its Capital Contribution. The Class A No Member shall not be entitled to make a Capital Contribution to the Company except as expressly authorized or required by this Agreement.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Apple REIT Ten, Inc.)

Time is Money Join Law Insider Premium to draft better contracts faster.