Common use of Additional Capital Contribution Clause in Contracts

Additional Capital Contribution. The Member shall not be required to make additional Capital Contributions to the Company, nor shall the Member be obligated to satisfy any deficit in its Capital Account.

Appears in 3 contracts

Samples: Limited Liability Company Agreement (Masterworks 005, LLC), Limited Liability Company Agreement (Masterworks 004, LLC), Limited Liability Company Agreement (Masterworks 003, LLC)

AutoNDA by SimpleDocs

Additional Capital Contribution. The Member Members may, but shall not be required have no obligation to make additional Capital Contributions to the Company, nor shall the Member be obligated to satisfy any deficit in its Capital Account.

Appears in 1 contract

Samples: Operating Agreement (Usp Mission Hills, Inc.)

AutoNDA by SimpleDocs

Additional Capital Contribution. The Member shall not be required to make any Capital Contribution in addition to its initial Capital Contribution. The Member may make additional Capital Contributions to the Company, nor Company as it shall the Member be obligated determine from time to satisfy any deficit in its Capital Accounttime.

Appears in 1 contract

Samples: Operating Agreement (Worldwide Auto Parts, Inc.)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!