Common use of Return of Capital Contribution Clause in Contracts

Return of Capital Contribution. Except as otherwise provided in this Agreement, no Member shall have the right to withdraw as a Member or demand the return of all or any part of its Capital Contribution until the Company has been dissolved and terminated, or to demand or receive property other than cash in return for its Capital Contribution. No Member shall be liable for the return of the Capital Contribution of any other Member.

Appears in 5 contracts

Samples: Execution Version (Wellsford Real Properties Inc), Limited Liability Company Operating Agreement (Whwel Real Estate Lp), Limited Liability Company Operating Agreement (Whwel Real Estate Lp)

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Return of Capital Contribution. Except as otherwise provided in this Agreement, no Member shall have the right to withdraw as a Member or demand the return of all or any part of its Capital Contribution until the Company has been dissolved and terminateddissolved, or or, in the event it has such right, to demand or receive any property other than cash in return for its Capital Contribution. No Member shall be liable for the return of the Capital Contribution of any other Member.

Appears in 4 contracts

Samples: Limited Liability Company Agreement (Archipelago Holdings L L C), Limited Liability Company Agreement (Liberty Media Corp /De/), Limited Liability Company Agreement (Idt Corp)

Return of Capital Contribution. Except as otherwise expressly provided in this Agreement, no Member shall have the right to withdraw as a Member or demand of the Company the return of all or any part of its Capital Contribution any contribution to the capital of the Company until the Company has been dissolved and terminatedterminated and then only to the extent provided in Article IX hereof, or and no Member shall have the right to demand or receive property other than cash in return for its Capital Contribution. No Member shall be liable for the return of the Capital Contribution of any other Membercontribution.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Multimedia Games Inc)

Return of Capital Contribution. Except as otherwise expressly provided in this Agreement, no Member shall have the right to withdraw as a Member or demand of the Company the return of all or any part of its Capital Contribution any contribution to the capital of the Company until the Company has been dissolved and terminatedterminated and then only to the extent provided in Article X hereof, or and no Member shall have the right to demand or receive property other than cash in return for its Capital Contribution. No Member shall be liable for the return of the Capital Contribution of any other Membercontribution.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Multimedia Games Inc)

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Return of Capital Contribution. Except as otherwise provided in this Agreement, no Member shall have the right to withdraw as a Member or demand the return of all or any part of its Capital Contribution until the Company has been dissolved and terminatedterminated (and then only as provided in Article IX), or to demand or receive property other than cash in return for its Capital Contribution. No Member shall be liable for the return of the Capital Contribution of any other Member.

Appears in 1 contract

Samples: Limited Liability Company Agreement (New Home Co LLC)

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