Common use of Cash Capital Contributions Clause in Contracts

Cash Capital Contributions. Commitment consists of an obligation of such Member to contribute cash or property to the Company in the future, which obligation has not yet been discharged, the other Members may require such Member to contribute cash in an amount equal to the product of such members Percentage Interest multiplied by all monies that in the judgement of the other Members are necessary to enable the Company to operate its business and maintain its assets and to discharge its costs, expense, obligations, and liabilities; provided, however, that under no circumstances, shall a Member be obligated under this Section to contribute cash in an amount, in excess of the agreed values (as stated in the Company records) of such Members Unpaid portion. Nothing contained in this Section is or shall be deemed to be for the benefit of any Person other than Members and the Company, and no such Person shall under any circumstances have any right to compel any actions or payments by the members.