Return of Capital Contribution. Except as approved by each of the Members, no Member shall have any right to withdraw or make a demand for withdrawal of the balance reflected in such Member’s Capital Account (as determined under Section 5.6) until the full and complete winding up and liquidation of the business of the Company.
Appears in 22 contracts
Samples: Limited Liability Company Agreement (Bluerock Residential Growth REIT, Inc.), Limited Liability Company Agreement (Bluerock Residential Growth REIT, Inc.), Limited Liability Company Agreement (Bluerock Residential Growth REIT, Inc.)
Return of Capital Contribution. Except as approved by each of the Members, no Member shall have any right to withdraw or make a demand for withdrawal of the balance reflected in such Member’s 's Capital Account (as determined under Section 5.6) until the full and complete winding up and liquidation of the business of the Company.
Appears in 4 contracts
Samples: Limited Liability Company Agreement (Bluerock Residential Growth REIT, Inc.), Property Management Agreement (Bluerock Residential Growth REIT, Inc.), Limited Liability Company Agreement (Bluerock Residential Growth REIT, Inc.)
Return of Capital Contribution. Except as approved by each of the Members, no No Member shall have any right to withdraw or make a demand for withdrawal of the balance reflected in such Member’s Capital Account (as determined under Section 5.6) until the full and complete winding up and liquidation of the business of the Company.
Appears in 2 contracts
Samples: Limited Liability Company Agreement (Bluerock Residential Growth REIT, Inc.), Limited Liability Company Agreement (Bluerock Residential Growth REIT, Inc.)
Return of Capital Contribution. Except as approved by each of the Membersotherwise set forth herein, no Member shall have any right to withdraw or make a demand for withdrawal of the balance reflected in such Member’s Capital Account (as determined under Section 5.6) until the full and complete winding up and liquidation of the business of the Company.
Appears in 1 contract
Samples: Operating and Member Control Agreement (Juhl Energy, Inc)
Return of Capital Contribution. Except as approved by each of the Membersotherwise set forth herein, no Member shall have any right to withdraw or make a demand for withdrawal of the balance reflected in such Member’s Capital Account (as determined under Section 5.65.8) until the full and complete winding up and liquidation of the business of the Company.
Appears in 1 contract
Samples: Operating and Member Control Agreement (Juhl Energy, Inc)
Return of Capital Contribution. Except as approved by each of the Members, no Member shall have any right to withdraw or make a demand for withdrawal of the balance reflected in such Member’s Capital Account (as determined under Section 5.64.6) until the full and complete winding up and liquidation of the business of the Company.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Medalist Diversified REIT, Inc.)
Return of Capital Contribution. Except as approved by each of the Members, no Member shall have any right to withdraw or make a demand for withdrawal of the balance reflected in such Member’s Capital Account (as determined under Section 5.65.5) until the full and complete winding up and liquidation of the business of the Company; provided, however, that nothing contained in this Section 5.3 shall preclude Members from receiving Distributions of Distributable Funds in accordance with Section 6.1 herein.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Trinity Place Holdings Inc.)
Return of Capital Contribution. Except as approved by each of the Members, no Member shall have any right to withdraw or make a demand for withdrawal of the balance reflected in such Member’s 's Capital Account (as determined under Section 5.64.8) until the full and complete winding up and liquidation of the business of the Company.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Bluerock Enhanced Multifamily Trust, Inc.)
