Deficit Capital Accounts. No Member shall have any obligation to restore any negative balance in its Capital Account upon liquidation of the Company.
Appears in 12 contracts
Samples: Limited Liability Company Agreement (SilverSun Technologies, Inc.), Limited Liability Company Agreement (SilverSun Technologies, Inc.), Limited Liability Company Agreement (Vine Energy Inc.)
Deficit Capital Accounts. No Member shall have any obligation to restore any negative balance in its Capital Account upon dissolution or liquidation of the Company.
Appears in 3 contracts
Samples: Formation, Contribution and Investment Agreement (MSG Spinco, Inc.), Formation, Contribution and Investment Agreement (Madison Square Garden Co), Limited Liability Company Agreement (Cablevision Systems Corp /Ny)
Deficit Capital Accounts. No Notwithstanding anything contained in this Agreement or any custom or rule of law to the contrary, no Member shall have any obligation to restore any negative balance in its Capital Account upon liquidation of the Company.
Appears in 3 contracts
Samples: Interim Investors Agreement, Limited Liability Company Agreement (Sanchez Energy Corp), Interim Investors Agreement (Sanchez Energy Corp)
Deficit Capital Accounts. No Member shall have any obligation to restore any negative balance in its Capital Account upon liquidation of the Companya deficit capital account balance.
Appears in 3 contracts
Samples: Operating Agreement, Limited Liability Company Agreement, Limited Liability Company Agreement (Pico Holdings Inc /New)
Deficit Capital Accounts. No Member shall have any obligation to restore any negative a deficit balance in its Capital Account upon liquidation of the CompanyLLC.
Appears in 2 contracts
Samples: Limited Liability Company Agreement (Marshall Industries), Limited Liability Company Agreement (Wyle Electronics)
Deficit Capital Accounts. No Member shall have any obligation be required to restore any negative deficit balance existing in its Capital Account upon the liquidation and termination of the Company.
Appears in 1 contract
Samples: Regulations (Ilex Oncology Inc)
Deficit Capital Accounts. No Member shall have any obligation to restore any negative deficit balance in its Capital Account upon the liquidation and dissolution of the CompanyCompany or if such Member’s Interest is liquidated.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Hudson Pacific Properties, Inc.)
Deficit Capital Accounts. No Member shall will have any obligation to restore any negative balance in its Capital Account upon on liquidation of the Company.
Appears in 1 contract
