Common use of Deficit Capital Account Balance Clause in Contracts

Deficit Capital Account Balance. The Members shall have no liability to the Company, to the other Members, or to the creditors of the Company on account of any deficit balance in such Member’s Capital Account Balance except to the extent such deficit arises from the failure of the Member to contribute the full amount of its capital contribution. The Company shall be solely responsible for payment of liabilities to its creditors.

Deficit Capital Account Balance. The Members shall have no liability to the Company, to the other Members, or to the creditors of the Company on account of any deficit balance in such Member’s 's Capital Account Balance except to the extent such deficit arises from the failure of the Member to contribute the full amount of its capital contributionCapital Contribution. The Company shall be solely responsible for payment of liabilities to its creditors.

Deficit Capital Account Balance. The Members shall have no liability to the Company, to the other Members, or to the creditors of the Company on account of any deficit balance in such Member’s Capital Account Balance except to the extent such deficit arises from the failure of the Member to contribute the full amount of its capital contributionCapital Contribution. The Company shall be solely responsible for payment of liabilities to its creditors.

Deficit Capital Account Balance. The Members shall have no liability to the Company, to the other Members, or to the creditors of the Company on account of any deficit balance in such Member’s 's Capital Account Balance except to the extent such deficit arises from the failure of the Member of the Member to contribute the full amount of its capital contributionCapital Contribution. The Company shall be solely responsible for payment of liabilities to its creditors.