Common use of Deficit Capital Accounts Clause in Contracts

Deficit Capital Accounts. No Member will be required to pay to the Company, to any other Member or to any third party any deficit balance that may exist from time to time in the Member's Capital Account.

Appears in 42 contracts

Sources: Unit Purchase Agreement (Cheniere Energy Partners, L.P.), Limited Liability Company Agreement (Magellan Midstream Partners Lp), Limited Liability Company Agreement (Somerset Power LLC)

Deficit Capital Accounts. No Member will shall be required to pay to the Company, to any other Member or to any third party any deficit balance that may exist from time to time in the Member's Capital Account.

Appears in 1 contract

Sources: Limited Liability Company Agreement (Regency Energy Partners LP)