Common use of Deficit Balance Clause in Contracts

Deficit Balance. The Member shall have no liability to restore all or any portion of a deficit balance in its Capital Account.

Appears in 5 contracts

Samples: Operating Agreement (Mill Creek Land, L.P.), Operating Agreement (Mill Creek Land, L.P.), Operating Agreement (Northeast Concessions, L.P.)

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Deficit Balance. The Member Members shall have no liability to restore all or any portion of a deficit balance in its Capital Account.

Appears in 2 contracts

Samples: Operating Agreement (Mill Creek Land, L.P.), Operating Agreement (Mill Creek Land, L.P.)

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