Common use of Interest on and Return of Capital Contributions Clause in Contracts

Interest on and Return of Capital Contributions. No Member shall be entitled to interest on its Capital Contribution or to return of its Capital Contribution, except as otherwise specifically provided for in this LLC Agreement.

Appears in 2 contracts

Samples: Limited Liability Company Operating Agreement (Angeion Corp/Mn), Limited Liability Company Operating Agreement (Angeion Corp/Mn)

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Interest on and Return of Capital Contributions. No Member shall be entitled to interest on its Capital Contribution or to return of its Capital Contribution, except as otherwise specifically provided for in this LLC Operating Agreement. Unless unanimously agreed by the Members or to comply with Section 8.2(a), the Company shall not use borrowed funds to return a Member's initial Capital Contribution.

Appears in 2 contracts

Samples: Operating Agreement (United Auto Group Inc), Operating Agreement (Uag Mentor Acquisition LLC)

Interest on and Return of Capital Contributions. No Member shall be entitled to interest on its Capital Contribution or to return of its Capital Contribution, except as otherwise specifically provided for in this LLC Operating Agreement.. Unless unanimously agreed by the Members or to comply with Section 8.2(a), the Company shall not use borrowed funds to return a Member's initial Capital Contribution. 8.7

Appears in 1 contract

Samples: Operating Agreement

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Interest on and Return of Capital Contributions. No Member The Members shall not be entitled to interest on its any Capital Contribution or on such Member’s Capital Account balance, and no Member shall have the right to withdraw or to demand the return of all or any part of its Capital Contribution, except as otherwise specifically provided for in this LLC Agreement.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Samson Holdings, Inc.)

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