Common use of Capital Account Restoration Clause in Contracts

Capital Account Restoration. No Member shall have any obligation to restore any negative balance in its Capital Account upon liquidation of the Company.

Appears in 83 contracts

Samples: Operating Agreement (Brookfield Oaktree Holdings, LLC), Limited Liability Company Agreement (Kimbell Royalty Partners, LP), Limited Liability Company Agreement (Kimbell Royalty Partners, LP)

AutoNDA by SimpleDocs

Capital Account Restoration. No Member shall have any obligation to restore any negative balance in its Capital Account upon liquidation of the Company.. ARTICLE XI

Appears in 4 contracts

Samples: Limited Liability Company Agreement (Copano Energy, L.L.C.), Limited Liability Company Agreement (Copano Energy, L.L.C.), Limited Liability Company Agreement (Copano Energy, L.L.C.)

Capital Account Restoration. No Member Shareholder shall have any obligation to restore any negative balance in its Capital Account upon liquidation of the Company.

Appears in 3 contracts

Samples: Limited Liability Company Agreement (MDB Capital Holdings, LLC), Limited Liability Company Agreement (JMP Group LLC), Limited Liability Company Agreement (LIN Media LLC)

Capital Account Restoration. No Member shall have an obligation to the Company, any obligation other Member or any third party or creditor to restore any negative balance in its Capital Account upon a dissolution or other liquidation of the CompanyCompany in accordance with Article XII or otherwise.

Appears in 3 contracts

Samples: Limited Liability Company Agreement (CF Industries Holdings, Inc.), Limited Liability Company Agreement (CHS Inc), Limited Liability Company Agreement (CF Industries Holdings, Inc.)

Capital Account Restoration. No The Sole Member shall not have any obligation to restore any negative balance in its Capital Account upon liquidation of the Company.

Appears in 2 contracts

Samples: Limited Partnership Agreement, Limited Liability Company Agreement (Holly Energy Partners Lp)

Capital Account Restoration. No Member shall have any obligation to restore any negative balance in its Capital Account upon liquidation of the Company.. ARTICLE XIV

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Pacific Energy Partners Lp), Limited Liability Company Agreement (U.S. Shipping Partners L.P.)

Capital Account Restoration. No Member shall have any obligation to restore any negative balance in its Capital Account upon liquidation of the CompanyCompany or otherwise.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Beneficient), Limited Liability Company Agreement (Beneficient)

Capital Account Restoration. No Member Shareholder shall have any obligation to restore any negative balance in its Capital Account upon liquidation or dissolution of the Company.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Global Indemnity Group, LLC)

AutoNDA by SimpleDocs

Capital Account Restoration. No Member shall have any obligation to restore any negative balance in its Capital Account with respect to any Series upon liquidation of the CompanyCompany or such Series. For the avoidance of any doubt, no Manager shall have any obligation to restore any negative balance inthe Capital Account of any Member.

Appears in 1 contract

Samples: Limited Liability Company Agreement

Capital Account Restoration. No Member shall will have any obligation to restore any negative balance in its Capital Account upon liquidation of the Company.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Swoosh, LLC)

Capital Account Restoration. No Member shall have an obligation to the Company, any obligation other Member or any third party or creditor to restore any negative balance in its Capital Account upon a dissolution or other liquidation of the Company.Company in accordance with Article XII or otherwise. ARTICLE VII

Appears in 1 contract

Samples: Limited Liability Company Agreement (CHS Inc)

Capital Account Restoration. No Member shall have any obligation to restore any negative balance in its Capital Account upon liquidation of the Company.. ARTICLE X AMENDMENT OF AGREEMENT Section 10.1

Appears in 1 contract

Samples: Operating Agreement (Oaktree Capital Group, LLC)

Capital Account Restoration. No Member shall have any obligation to restore any negative balance in its Capital Account upon liquidation of the Company.. ARTICLE XIII

Appears in 1 contract

Samples: Limited Liability Company Agreement (U.S. Shipping Partners L.P.)

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