Common use of Liability of Members - For Capital Clause in Contracts

Liability of Members - For Capital. The liability of each Member for capital shall be limited to the amount of its agreed Capital Contribution as a Member as provided in Section 3.1 and Section 3.5, except that the Members may be liable to the Company for amounts distributed to them as a return of capital as provided by the Act. The Members shall not be required to contribute any additional capital to the Company except as provided in Section 3.5.

Appears in 13 contracts

Samples: Operating Agreement (Medcath Corp), Operating Agreement (Medcath Corp), Operating Agreement (Medcath Corp)

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Liability of Members - For Capital. The liability of each Member for capital shall be limited to the amount of its agreed Capital Contribution as a Member as provided in Section 3.1 3.2 and Section 3.5, except that the Members may be liable to the Company for amounts distributed to them as a return of capital as provided by the Act3.6. The Members shall not be required to contribute any additional capital to the Company except as provided in Section 3.53.6.

Appears in 3 contracts

Samples: Operating Agreement (Medcath Corp), Operating Agreement (Medcath Inc), Operating Agreement (Medcath Corp)

Liability of Members - For Capital. The liability of each Member for capital shall be limited to the amount of his, her or its agreed Capital Contribution as a Member as provided in Section 3.1 and Section 3.5, except that the Members may be liable to the Company for amounts distributed to them as a return of capital as provided by the Act. The Members shall not be required to contribute any additional capital to the Company except as provided in Section 3.5.

Appears in 1 contract

Samples: Operating Agreement (Medcath Corp)

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Liability of Members - For Capital. The liability of each Member for capital shall be limited to the amount of its agreed Capital Contribution as a Member as provided in Section 3.1 3.2 and Section 3.5, except that the Members may be liable to the Company for amounts distributed to them as a return of capital as provided by the Act3.7. The Members shall not be required to contribute any additional capital to the Company except as provided in Section 3.53.7.

Appears in 1 contract

Samples: Operating Agreement (Medcath Corp)

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