Distributions Upon Dissolution. Each Member shall look solely to the assets of the Company for all Distributions and its Capital Contributions, and shall have no recourse therefor (upon dissolution or otherwise) against any Manager or any Member.
Appears in 13 contracts
Samples: Note, Operating Agreement, Limited Liability Company Agreement
Distributions Upon Dissolution. Each Member shall look solely to the assets of the Company for all Distributions and of its Capital Contributions, and shall have no recourse therefor (upon dissolution or otherwise) against any Manager the Managers or any Member. No Member shall be required to restore any deficit in the Member’s Capital Account.
Appears in 4 contracts
Samples: Limited Liability Company Agreement (Vivakor, Inc.), Limited Liability Company Agreement (Vivakor, Inc.), Limited Liability Company Agreement (Vivakor, Inc.)
Distributions Upon Dissolution. Each Member shall look solely to the assets of the Company for all Distributions and its Capital Contributions, and shall have no recourse therefor (upon dissolution or otherwise) against any Manager or any Member. No Member shall be required to restore any deficit in the Member’s Capital Account.
Appears in 4 contracts
Samples: Limited Liability Company Agreement (Vivakor, Inc.), Limited Liability Company Agreement (Vivakor, Inc.), Limited Liability Company Agreement (Vivakor, Inc.)
Distributions Upon Dissolution. Each Member shall look solely to the assets of the Company for all Distributions and its Capital Contributions, Contributions and shall have no recourse therefor (upon dissolution or otherwise) against any Manager or any Member.
Appears in 2 contracts
Samples: Operating Agreement, Limited Liability Company Agreement
Distributions Upon Dissolution. Each Member shall look solely to the assets of the Company for all Distributions distributions and its Capital Contributions, and shall have no recourse therefor (upon dissolution or otherwise) against any Manager past or any present Director or Member.
Appears in 2 contracts
Samples: Operating Agreement (Performance Capital Management LLC), Operating Agreement (Performance Capital Management LLC)
Distributions Upon Dissolution. Each Member shall look solely to the assets of the Company for all Distributions and of its Capital Contributions, and shall have no recourse therefor (upon dissolution or otherwise) against any Manager or Member. No Member shall be required to restore any deficit in the Member’s Capital Account.
Appears in 2 contracts
Samples: Limited Liability Company Agreement (Cottonwood Multifamily Reit Ii, Inc.), Limited Liability Company Agreement (Cottonwood Multifamily Reit I, Inc.)
Distributions Upon Dissolution. Each Member shall look solely to the assets of the Company for all Distributions and of its Capital Contributions, Contributions and shall have no recourse therefor (upon dissolution or otherwise) against any Manager the Managers or any Member. No Member shall be required to restore any deficit in the Member’s Capital Account.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Cottonwood Multifamily Opportunity Fund, Inc.)
Distributions Upon Dissolution. Each Member shall look solely to the -------------------------------- assets of the Company for all Distributions and its Capital Contributions, and shall have no recourse therefor (upon dissolution or otherwise) against any Manager or any Member.
Appears in 1 contract
Samples: Operating Agreement (T Reit Inc)
Distributions Upon Dissolution. Each Member shall look solely to the assets of the Company for all Distributions and its Capital Contributions, and shall have no recourse therefor (upon dissolution or otherwise) against any Manager or any other Member.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Terra Secured Income Fund 5, LLC)
Distributions Upon Dissolution. Each Member shall look solely to the assets of the Company for all Distributions and its Capital Contributions, and shall have no recourse therefor (upon dissolution or otherwise) against any Manager or any Member. No Member shall be required to restore any deficit in the Member’s Capital Accounts.
Appears in 1 contract
Samples: Limited Liability Company Agreement
Distributions Upon Dissolution. Each Member shall look solely to the assets of the Company for all Distributions and its Capital Contributions, and shall have no recourse therefor (upon dissolution or otherwise) against any Manager or any Member.. 13.7
Appears in 1 contract
Samples: Operating Agreement
Distributions Upon Dissolution. Each Member shall look solely to ------------------------------- the assets of the Company for all Distributions distributions and its Capital Contributions, and shall have no recourse therefor (upon dissolution or otherwise) against any Manager past or any present Director or Member.
Appears in 1 contract
Samples: Operating Agreement (Performance Capital Management LLC)
