Common use of Deficit Capital Accounts Clause in Contracts

Deficit Capital Accounts. No Partner shall be required to restore any deficit in its Capital Account.

Appears in 5 contracts

Samples: Limited Partnership Agreement (Cottonwood Multifamily Opportunity Fund, Inc.), Limited Partnership Agreement (Cottonwood Multifamily Development REIT I, Inc.), Cottonwood Multifamily Reit Ii, Inc.

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Deficit Capital Accounts. No Partner shall be required to restore any deficit balance existing in its Capital AccountAccount upon the liquidation and termination of the Partnership.

Appears in 4 contracts

Samples: Agreement (Ilex Oncology Inc), Confidential Treatment (Leukosite Inc), Millennium Pharmaceuticals Inc

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Deficit Capital Accounts. No As among the Partners, no Partner shall be required for any reason whatsoever to restore any deficit balance remaining in its Capital AccountAccount upon liquidation of its interest in the Partnership.

Appears in 3 contracts

Samples: Limited Liability Company Agreement, Limited Liability Company Operating Agreement (Anglo-Suisse Offshore Pipeline Partners, LLC), Limited Liability Company Agreement (Anglo-Suisse Offshore Pipeline Partners, LLC)

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