Limitations on Payments Made in Dissolution. Except as otherwise specifically provided in this Agreement, the Member shall only be entitled to look solely to the assets of Company for the return of its positive Capital Account balance and shall have no recourse for its Capital Contribution and/or share of net income (upon dissolution or otherwise) against any Manager.
Appears in 41 contracts
Samples: Limited Liability Company Agreement (Duke Energy Progress SC Storm Funding LLC), Limited Liability Company Agreement (Duke Energy Progress SC Storm Funding LLC), Limited Liability Company Agreement (Duke Energy Progress SC Storm Funding LLC)
Limitations on Payments Made in Dissolution. Except as otherwise specifically provided in this Agreement, the each Member shall only be entitled to look solely to at the assets of the Company for the return of its his or her positive Capital Account balance and shall have no recourse for its Capital Contribution and/or share of net income (upon dissolution or otherwise) against any Managerother Member except as provided in Article 10.
Appears in 38 contracts
Samples: Operating Agreement, Operating Agreement, Operating Agreement
Limitations on Payments Made in Dissolution. Except as otherwise specifically provided in this LLC Agreement, the Member shall only be entitled to look solely to the assets of Company for the return of its positive Capital Account balance and shall have no recourse for its Capital Contribution and/or share of net income (upon dissolution or otherwise) against any Manager.
Appears in 26 contracts
Samples: Limited Liability Company Agreement (Ameren Missouri Securitization Funding I, LLC), Limited Liability Company Agreement (NYSEG Storm Funding LLC), Limited Liability Company Agreement (RG&E Storm Funding LLC)
Limitations on Payments Made in Dissolution. Except as otherwise specifically provided in this Agreement, the each Member shall only be entitled to look solely to the assets of the Company for the return of its such Member's positive Capital Account balance and shall have no recourse for its such Member's Capital Contribution and/or or share of net income profits (upon on dissolution or otherwise) against any Managerother Member.
Appears in 12 contracts
Samples: Operating Agreement, Operating Agreement, Limited Liability Company Operating Agreement
Limitations on Payments Made in Dissolution. Except as otherwise specifically provided in this Agreement, the Member shall only be entitled to look solely to the assets of the Company for the return of its positive Capital Account balance and shall have no recourse for its Capital Contribution and/or share of net income (upon dissolution or otherwise) against any Manager.
Appears in 10 contracts
Samples: Operating Agreement (Cleco Power LLC), Limited Liability Company Operating Agreement (SWEPCO Storm Recovery Funding LLC), Limited Liability Company Operating Agreement (SWEPCO Storm Recovery Funding LLC)
Limitations on Payments Made in Dissolution. Except as otherwise specifically provided in this Agreement, the each Member shall only be entitled to look solely to the assets of the Company for the return of its positive Capital Account balance Initial Contribution and shall have no recourse for its Capital Initial Contribution and/or share of net income profits (upon dissolution or otherwise) against any Managerother Member.
Appears in 5 contracts
Samples: Limited Liability Company Agreement, Limited Liability Company Agreement (Hempacco Co., Inc.), Limited Liability Company Agreement (CERES Coin LLC)
Limitations on Payments Made in Dissolution. Except as otherwise specifically provided in this Agreement, the each Member shall only be entitled to look solely only to the assets of the Company for the return of its that Member’s positive Capital Account balance and shall have no recourse for its Capital Contribution Contributions and/or share of net income Net Profits (upon dissolution or otherwise) against the Manager or any Managerother Member.
Appears in 5 contracts
Samples: Limited Liability Company Agreement, Limited Liability Company Agreement (Kennedy-Wilson Properties (IL)), Limited Liability Company Agreement (Kennedy-Wilson Properties (IL))
Limitations on Payments Made in Dissolution. Except as otherwise specifically provided in this Agreement, the each Member shall only be entitled to look solely to the assets of the Company for the return of its the Member’s positive Capital Account balance and shall have no recourse for its his or her Capital Contribution and/or share of net income (upon dissolution or otherwise) Company profits against any Managerother Member except as provided in ARTICLE XIII.
Appears in 4 contracts
Samples: Limited Liability Company Agreement (RiceBran Technologies), Membership Interest Purchase Agreement (Nutracea), Limited Liability Company Agreement (Nutracea)
Limitations on Payments Made in Dissolution. Except as otherwise specifically provided in this Agreement, the each Member shall only be entitled to look solely only to the assets of the Company for the return of its his or her positive Capital Account balance and shall have no recourse for its his or her Capital Contribution and/or share of net income (upon dissolution or otherwise) Net Profits against any Manager.other Member except as provided in Article X.
Appears in 4 contracts
Samples: Operating Agreement, Partnership Agreement, Operating Agreement
Limitations on Payments Made in Dissolution. Except as otherwise specifically provided in this Agreement, the each Member shall only be entitled to look solely to the assets of Company for the return of its positive Capital Account balance Initial Contribution and shall have no recourse for its Capital Initial Contribution and/or share of net income profits (upon dissolution or otherwise) against any Managerother Member, if any other such Member exists.
Appears in 4 contracts
Samples: Operating Agreement, Operating Agreement, Operating Agreement
Limitations on Payments Made in Dissolution. Except as otherwise specifically provided in this Agreement, the each Member shall only be entitled to look solely to the assets of the Company for the return of its that Member’s positive Capital Account balance and shall have no recourse for its such Member’s Capital Contribution and/or share of net income Profits (upon dissolution or otherwise) against any Managerother Member.
Appears in 3 contracts
Samples: Operating Agreement, Operating Agreement (KW Victory Land Loan, LLC), Operating Agreement (Kennedy-Wilson Properties (IL))
Limitations on Payments Made in Dissolution. Except as otherwise specifically provided in this Agreement, the each Member shall only be entitled to look solely to the assets of the Company for the return of its positive Capital Account balance Initial Contribution and shall have no recourse for its Capital Initial Contribution and/or share of net income profits (upon dissolution or otherwise) against any Managerother Member, if any other such Member exists.
Appears in 3 contracts
Samples: Limited Liability Company Agreement, Limited Liability Company Agreement, Limited Liability Company Agreement
Limitations on Payments Made in Dissolution. Except as otherwise specifically provided in this Agreement, the each Member shall only be entitled to look solely to at the assets of Company for the return of its his or her positive Capital Account balance and shall have no recourse for its his or her Capital Contribution and/or share of net income (upon dissolution or otherwise) against the Manager or any Managerother Member except as provided in Article XI.
Appears in 3 contracts
Samples: Operating Agreement (Chosen, LLC), Operating Agreement (Chosen, LLC), Operating Agreement (Chosen, LLC)
Limitations on Payments Made in Dissolution. Except as otherwise specifically provided in this Agreement, the each Member shall only be entitled to look solely to the assets of the Company for the return payment of his, her or its positive Unrecovered Capital Account balance and shall have no recourse for its Capital Contribution and/or share of net income (upon dissolution any such or otherwise) other amounts against any ManagerManager or any other Member.
Appears in 2 contracts
Samples: Operating Agreement (ALST Casino Holdco, LLC), Operating Agreement (ALST Casino Holdco, LLC)
Limitations on Payments Made in Dissolution. Except as otherwise specifically provided in this Agreement, the each Member shall only be entitled to look solely to at the assets of Company for the return of its his or her positive Capital Account balance and shall have no recourse for its his or her Capital Contribution and/or share of net income Net Profits (upon dissolution or otherwise) against the Managers or any Managerother Member except as provided in Article XI.
Appears in 2 contracts
Samples: Operating Agreement, Operating Agreement
Limitations on Payments Made in Dissolution. Except as otherwise specifically provided in this Agreement, the each Member shall only be entitled to look solely only to the assets of the Company for the return of its his or her positive Capital Account balance and shall have no recourse for its his or her Capital Contribution and/or share of net income (upon dissolution or otherwise) Net Profits against any Managerother Member except as provided in Article VIII.
Appears in 2 contracts
Samples: Subscription Agreement (Extra Space Storage Inc.), Subscription Agreement (Extra Space Storage Inc.)
Limitations on Payments Made in Dissolution. Except as otherwise specifically provided in this Agreement, the each Member shall only be entitled to look solely to the assets and properties of the Company for the return of its positive the Member’s Capital Account balance Contribution and returns thereon, and, if such assets and properties are insufficient to return such Member’s Capital Contributions or returns thereon, the Member shall have no recourse for its Capital Contribution and/or share against the Manager, other Members or officers of net income (upon dissolution or otherwise) against any Managerthe Company.
Appears in 2 contracts
Samples: Operating Agreement (Indie Semiconductor, Inc.), Operating Agreement (Thunder Bridge Acquisition II, LTD)
Limitations on Payments Made in Dissolution. Except as otherwise specifically provided in this Agreement, the each Member shall only be entitled to look solely to at the Company's assets of Company for the return of its the Member's positive Capital Account balance and shall have no recourse for its the Member's Capital Contribution and/or share of net income Income (upon dissolution or otherwise) against the Manager or any Managerother Member.
Appears in 2 contracts
Samples: Operating Agreement (Zhone Technologies Inc), Operating Agreement (Zhone Technologies Inc)
Limitations on Payments Made in Dissolution. Except as otherwise specifically provided in this Agreement, the each Member shall only be entitled to look solely to the assets of the Company for the return of its the Member’s positive Capital Account balance and shall have no recourse for its his or her Capital Contribution and/or share of net income (upon dissolution or otherwise) Company profits against any Managerother Member except as provided in Article XIII.
Appears in 2 contracts
Samples: Limited Liability Company Agreement (RiceBran Technologies), Limited Liability Company Agreement (RiceBran Technologies)
Limitations on Payments Made in Dissolution. Except as otherwise ------------------------------------------- specifically provided in this Agreement, the each Member shall only be entitled to look solely to at the assets of the Company for the return of its his or her positive Capital Account balance and shall have no recourse for its his or her Capital Contribution and/or share of net income Net Profits (upon dissolution or otherwise) against the Managers or any Managerother Member.
Appears in 2 contracts
Samples: Operating Agreement (Auto Marketing Network Inc), Operating Agreement (Franchise Mortgage Acceptance Co)
Limitations on Payments Made in Dissolution. Except as otherwise specifically provided in this Agreement, the each Member shall only be entitled to look solely to the assets of the Company for the return of its his or her positive Capital Account balance and shall have no recourse for its his or her Capital Contribution and/or share of net income Net Profits (upon dissolution or otherwise) against the Managing Member or any Managerother Member.
Appears in 2 contracts
Samples: Purchase and Sale Agreement (NRG Yield, Inc.), Purchase and Sale Agreement
Limitations on Payments Made in Dissolution. Except as otherwise specifically provided in this Agreement, the each Member shall will only be entitled to look solely to at the assets of Company for the return of its positive Capital Account balance and shall will have no recourse for its Capital Contribution and/or share of net income Net Profits (upon dissolution or otherwise) against the Members or any Managerother Member except as provided in Article 11.
Appears in 2 contracts
Samples: Limited Liability Company Agreement, Limited Liability Company Agreement (Provision Holding, Inc.)
Limitations on Payments Made in Dissolution. Except as otherwise -------------------------------------------- specifically provided in this Agreement, the each Member shall only be entitled to look solely to at the assets of Company for the return of its such Member's positive Capital Account balance and shall have no recourse for its such Member's Capital Contribution and/or or share of net income Net Profits (upon dissolution or otherwise) against the Manager or any Managerother Member except as provided in Article 10.
Appears in 2 contracts
Samples: Limited Liability Company Agreement (Point West Capital Corp), Limited Liability Company Agreement (Point West Capital Corp)
Limitations on Payments Made in Dissolution. Except as otherwise specifically provided in this Agreement, the Member shall only be entitled to look solely to the assets of the Company for the return of its positive Capital Account balance and shall have no recourse for its Capital Contribution and/or share of net income (upon dissolution or otherwise) against any ManagerManager or the Management Committee.
Appears in 2 contracts
Samples: Limited Liability Company Agreement (PSNH Funding LLC 3), Limited Liability Company Agreement (PSNH Funding LLC 3)
Limitations on Payments Made in Dissolution. Except as otherwise specifically provided in this Agreement, the each Member shall only be entitled to look solely to at the LLC’s assets of Company for the return of its the Member’s positive Capital Account balance and shall have no recourse for its the Member’s Capital Contribution and/or share of net income Net Profits (upon on dissolution or otherwise) against the Manager or any Managerother Member except as provided in Article 12.
Appears in 2 contracts
Samples: Operating Agreement (Molecular Imaging Corp), Operating Agreement (Molecular Imaging Corp)
Limitations on Payments Made in Dissolution. Except as otherwise specifically provided in this Agreement, the each Member shall only be entitled to look solely to at the assets of Company for the return of its his positive Capital Account balance and shall have no recourse for its his Capital Contribution and/or share of net income Net Profit (upon dissolution or otherwise) against the Managers or any Managerother Member except as provided in Article XI.
Appears in 2 contracts
Samples: Operating Agreement (Atwood Minerals & Mining CORP.), Operating Agreement (Atwood Minerals & Mining CORP.)
Limitations on Payments Made in Dissolution. Except as otherwise specifically provided in this Agreement, the each Member shall only be entitled to look solely only to the assets of the Company for the return of its that Member's positive Capital Account balance and shall have no recourse for its Capital Contribution Contributions and/or share of net income Net Profits (upon dissolution or otherwise) against any Managerother Member.
Appears in 2 contracts
Samples: Limited Liability Company Agreement (Capital Trust Inc), Limited Liability Company Agreement (Capital Trust Inc)
Limitations on Payments Made in Dissolution. Except as ------------------------------------------- otherwise specifically provided in this Agreement, the each Member shall only be entitled to look solely to at the Company's assets of Company for the return of its the Member's positive Capital Account balance and shall have no recourse for its the Member's Capital Contribution and/or share of net income Income (upon dissolution or otherwise) against the Manager or any Managerother Member.
Appears in 2 contracts
Samples: Operating Agreement (Zhone Technologies Inc), Operating Agreement (Zhone Technologies Inc)
Limitations on Payments Made in Dissolution. Except as otherwise specifically provided in this Agreement, the Each Member shall only be entitled to look solely to at the assets of the Company for the return of its positive Capital Account balance and shall have no recourse for its Capital Contribution and/or share of net income Net Profits (upon dissolution or otherwise) against the Controlling Member or any Managerother Member; provided, however, that this Section 10.5 shall not limit the right of a Member or Controlling Member to seek damages for a breach of this Agreement or the Employment Agreement.
Appears in 1 contract
Limitations on Payments Made in Dissolution. Except as otherwise specifically provided in this Agreement, the each Member shall only be entitled to look solely to the assets of Company for the return of its his or her positive Capital Account balance and shall have no recourse for its his or her Capital Contribution and/or share of net income Net Incomes (upon dissolution or otherwise) against any Managerother Member except as expressly provided in Section 14.
Appears in 1 contract
Limitations on Payments Made in Dissolution. Except as otherwise specifically provided in this Agreement, the each Member shall only be entitled to look solely only to the assets of the Company for the return of its that Member's positive Capital Account balance balance, and shall have no recourse for its that Member's Capital Contribution and/or share of net income (upon dissolution or otherwise) Net Profits against any Managerother Member.
Appears in 1 contract
Limitations on Payments Made in Dissolution. Except as otherwise specifically provided in this Agreement, the each Member shall only be entitled to look solely to the assets of the Company for the return of its positive Capital Account balance initial contribution and shall have no recourse for its Capital Contribution and/or initial contribution and /or share of net income profits (upon dissolution or otherwise) against any Managerother Member.
Appears in 1 contract
Samples: Limited Liability Company Agreement
Limitations on Payments Made in Dissolution. Except as otherwise specifically provided in this AgreementSection 3.8 or Section 10.2, the upon dissolution each Member shall only be entitled to look solely to at the assets of the Company for the return of its positive Capital Account balance and shall have no recourse for its Capital Contribution and/or share of net income (upon dissolution Net Profits against the Committee Members or otherwise) against any Managerother Member.
Appears in 1 contract
Limitations on Payments Made in Dissolution. Except as ------------------------------------------- otherwise specifically provided in this Agreement, the each Member shall only be entitled to look solely to at the assets of Company for the return of its his positive Capital Account balance and shall have no recourse for its his Capital Contribution and/or share of net income Net Profits (upon dissolution or otherwise) against the Members or any Managerother Member except as provided in Article XI.
Appears in 1 contract
Limitations on Payments Made in Dissolution. Except as otherwise specifically provided in this Agreement, the each Member shall only be entitled to look solely to at the assets of Company for the return of its his positive Capital Account balance and shall have no recourse for its his Capital Contribution and/or share of net income Net Profit (upon dissolution or otherwise) against the Manager or any Managerother Member except as provided in Article XI.
Appears in 1 contract
Limitations on Payments Made in Dissolution. Except as otherwise specifically provided in this Agreement, the each Member shall only be entitled to look solely to at the assets of Company IMMERSION for the return of its his positive Capital Account balance and shall have no recourse for its his Capital Contribution and/or share of net income Income (upon dissolution or otherwise) against the Managers or any Managerother Member.
Appears in 1 contract
Samples: Operating Agreement (Immersion Corp)
Limitations on Payments Made in Dissolution. Except as otherwise specifically provided in this Agreement, the each Member shall only be entitled to look solely to at the assets of Company for the return of its its, his or her positive Capital Account balance and shall have no recourse for its its, his or her Capital Contribution and/or share of net taxable income (upon dissolution or otherwise) against the Manager or any Managerother Member except as provided in Article 11.
Appears in 1 contract
Limitations on Payments Made in Dissolution. Except as otherwise ------------------------------------------- specifically provided in this Agreement, the each Member shall only be entitled to look solely only to the assets of the Company for the return of its that Member's positive Capital Account balance and shall have no recourse for its Capital Contribution Contributions and/or share of net income Net Income (upon dissolution or otherwise) against any Managerother Member.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Southwest Water Co)
Limitations on Payments Made in Dissolution. Except as otherwise specifically provided in this Agreement, the each Member shall only be entitled to look solely only to the assets of the Company for the return of its that Member s positive Capital Account balance and shall have no recourse for its Capital Contribution Contributions and/or share of net income Net Profits (upon dissolution or otherwise) against the Manager or any Managerother Member.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Global Clean Energy Holdings, Inc.)
Limitations on Payments Made in Dissolution. Except as otherwise specifically provided in this Agreement, the each Member shall only be entitled to look solely to the assets of the Company for the return of its such Member's positive Capital Account balance and shall have no recourse for its such Member's Capital Contribution and/or Account balance or share of net income profits (upon on dissolution or otherwise) against any Managerother Member.
Appears in 1 contract
Samples: Operating Agreement
Limitations on Payments Made in Dissolution. Except as otherwise specifically provided in this Agreement, the Member each Holder shall only be entitled to look solely to at the assets of the Company for the return of its positive Capital Account balance and shall have no recourse for its Capital Contribution and/or share of net income Net Profits (upon dissolution or otherwise) against the Manager or any Managerother Member except as provided in Article 11.
Appears in 1 contract
Limitations on Payments Made in Dissolution. Except as otherwise specifically provided in this Agreement, the each Member shall only be entitled to look solely to the assets of Company for the return of its his or her positive Capital Account balance and shall have no recourse for its his or her Capital Contribution and/or share of net income Net Incomes (upon dissolution or otherwise) against any Manager.other Member except as expressly provided in Section 14. Operating Agreement for Xxxxxx Quality, LLC
Appears in 1 contract
Samples: Operating Agreement
Limitations on Payments Made in Dissolution. Except as otherwise specifically provided in this Agreement, the each Member shall only be entitled to look solely only to the assets of the Company for the return of its positive Capital Account balance and shall have no recourse for its Capital Contribution and/or share of net income (upon dissolution or otherwise) Net Profits against any Managerother Member.
Appears in 1 contract
Samples: Operating Agreement (Rodgers Craig)
Limitations on Payments Made in Dissolution. Except as otherwise specifically provided in this Agreement, the each Member shall only be entitled to look solely only to the assets of the Company for the return of its that Member’s positive Capital Account balance and shall have no recourse for its Capital Contribution Contributions and/or share of net income Net Income (upon dissolution or otherwise) against the Managing Member or any Managerother Member.
Appears in 1 contract
Limitations on Payments Made in Dissolution. Except as otherwise specifically provided in this Agreement, the each Member shall only be entitled to look solely to at the assets of Company for the return of its his or her positive Capital Account balance and shall have no recourse for its his or her Capital Contribution and/or share of net income taxable incomes (upon dissolution or otherwise) against the Manager or any Managerother Member except as provided in Article XI.
Appears in 1 contract
Limitations on Payments Made in Dissolution. Except as otherwise specifically provided in this Agreement, the each Member shall only be entitled to look solely only to the assets of the Company for the return of its positive Capital Account balance capital contributions and shall have no recourse for its Capital Contribution capital contribution and/or share of net income (upon dissolution or otherwise) Net Profits against any ManagerMember except as provided in Article 10.
Appears in 1 contract
Limitations on Payments Made in Dissolution. Except as otherwise specifically provided in this Agreement, the each Member shall only be entitled to look solely to at the assets of the Company for the return of its his or her positive Capital Account balance and shall have no recourse for its his or her Capital Contribution and/or share of net income Profits (upon dissolution or otherwise) against Manager or any Manager.other Member,
Appears in 1 contract
Limitations on Payments Made in Dissolution. Except as otherwise specifically provided in this Agreement, the each Member shall only be entitled to look solely to at the assets of Company for the return of its its, his or her positive Capital Account balance and shall have no recourse for its its, his or her Capital Contribution and/or share of net income Profits (upon dissolution or otherwise) against the Managers or any Managerother Member except as provided in Article 11.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Versity Invest, LLC)
Limitations on Payments Made in Dissolution. Except as otherwise specifically provided in this Agreement, the each Member shall only be entitled to look solely only to the assets of the Company for the return of its their positive Capital Account balance and shall have no recourse for its their Capital Contribution and/or share of net income (upon dissolution or otherwise) Net Profit against any Manager.other Member except as provided in Article X.
Appears in 1 contract
Samples: Operating Agreement
Limitations on Payments Made in Dissolution. Except as otherwise specifically provided in this Agreement, the including Section 4.4 hereof, each Member shall only will be entitled to look solely to the assets of the Company for the return of its his or her positive Capital Account balance and shall will have no recourse for its his or her Capital Contribution and/or share of net Net Income, or other items of income (upon dissolution and gain, against the Manager or otherwise) against any Managerother Member.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Asset Alliance Corp)
Limitations on Payments Made in Dissolution. Except as otherwise -------------------------------------------- specifically provided in this Agreement, the each Member shall only be entitled to look solely to at the assets of Company for the return of its such Member=s positive Capital Account balance and shall have no recourse for its such Member=s Capital Contribution and/or or share of net income Net Profits (upon dissolution or otherwise) against the Manager or any Managerother Member except as provided in Article 10.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Point West Capital Corp)
Limitations on Payments Made in Dissolution. Except as otherwise specifically provided in this Agreement, the each Member shall only be entitled to look solely to the assets of the Company for the return of its such Member's positive Capital Account balance and shall have no recourse for its such Member's Capital Contribution and/or Account balance or share of net income profits (upon on dissolution or otherwise) against any Manager.or
Appears in 1 contract
Samples: Operating Agreement
Limitations on Payments Made in Dissolution. Except as otherwise specifically provided in this Agreement, the each Member shall only be entitled to look solely to the assets of the Company for the return of its positive Capital Account balance and shall have no recourse for its such Member’s Capital Contribution and/or share of net income Net Profits (upon dissolution or otherwise) against the Liquidation Manager, or any Managerother Member, except as provided in Section 10.
Appears in 1 contract
Samples: Limited Liability Company Operating Agreement (Kaiser Ventures LLC)
Limitations on Payments Made in Dissolution. Except as otherwise specifically provided in this AgreementAgreement or in other written agreements among the Members, the each Member shall only be entitled to look solely to at the assets of Company for the return of its its, his or her positive Capital Account balance and shall have no recourse for its its, his or her Capital Contribution and/or share of net taxable income (upon dissolution or otherwise) against the Manager or any Managerother Member except as provided in Article 11.
Appears in 1 contract
Limitations on Payments Made in Dissolution. Except as otherwise specifically provided in this Agreement, the each Member shall only be entitled to look solely to the assets of the Company for the return of its such Member’s positive Capital Account balance and shall have no recourse for its such Member’s Capital Contribution and/or or share of net income profits (upon on dissolution or otherwise) against any Managerother Member.
Appears in 1 contract
Limitations on Payments Made in Dissolution. Except as otherwise specifically provided in this Agreement, the each Member shall only be entitled to look solely to the assets of the Company for the return of its such Member‘s positive Capital Account balance and shall have no recourse for its such Member‘s Capital Contribution and/or or share of net income profits (upon on dissolution or otherwise) against any Managerother Member.
Appears in 1 contract
Samples: Operating Agreement (Raven Fund 1)
Limitations on Payments Made in Dissolution. Except as otherwise specifically provided in this Agreement, the each Member shall only be entitled to look solely to at the assets of Company for the return of its such Member’s positive Capital Account balance and shall have no recourse for its such Member’s Capital Contribution and/or share of net income Net Profits (upon dissolution or otherwise) against the Managers or any Manager.other Member except as provided in Article X.
Appears in 1 contract
Limitations on Payments Made in Dissolution. Except as otherwise specifically provided in this Agreement, the each Member shall only be entitled to look solely to at the assets of Company for the return of his, her or its positive Capital Account balance and shall have no recourse for his, her or its Capital Contribution and/or Contribution, share of net income Distributable Cash or share of Profits (upon dissolution or otherwise) against the Board or any Managerother Member except as provided in Article 11.
Appears in 1 contract
Samples: Operating Agreement
Limitations on Payments Made in Dissolution. Except as otherwise specifically provided in this Agreement, the each Member shall only be entitled to look solely to the assets of the Company for the return of its the Member’s positive Capital Account balance and shall have no recourse for his, her or its Capital Contribution and/or share of net income (upon dissolution or otherwise) Company profits against any Managerother Member, except as provided in Section 13.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Solar Power, Inc.)
Limitations on Payments Made in Dissolution. Except as otherwise specifically provided in this Agreement, the each Member shall only be entitled to look solely to at the assets of the Company for the return of its his or her positive Capital Account balance and shall have no recourse for its his or her Capital Contribution and/or share of net income Net Profits (upon dissolution or otherwise) against the Managers or any Managerother Member.
Appears in 1 contract
Limitations on Payments Made in Dissolution. Except as otherwise specifically provided in this Agreement, the each Member shall only be entitled to look solely only to the assets of the Company for the return of its his or her positive Capital Account balance and shall have no recourse for its his or her Capital Contribution and/or share of net income (upon dissolution or otherwise) Net Profits against any Manager.other Member except as provided in Article X. 9.5
Appears in 1 contract
Samples: Operating Agreement
Limitations on Payments Made in Dissolution. Except as otherwise specifically provided in this Agreement, the each Member shall only be entitled to look solely to at the assets of the Company for the return of its positive Capital Account balance the Member's capital contributions and shall have no recourse for its Capital Contribution and/or the Member's capital contribution or share of net income profits (upon dissolution or otherwise) against the Managers or any Managerother Member.
Appears in 1 contract
Samples: Operating Agreement
Limitations on Payments Made in Dissolution. Except as otherwise specifically provided in this Agreement, the each Member shall only be entitled to look solely only to the assets of the Company for the return of its such Member's positive Capital Account balance and shall have no recourse for its such Member's Capital Contribution and/or share of net income (upon dissolution or otherwise) Net Profits against any Manager.other Member except as provided in Article X.
Appears in 1 contract
Samples: Operating Agreement (Vans Inc)
Limitations on Payments Made in Dissolution. Except as otherwise specifically provided in this Agreement, the each Member shall only be entitled to look solely only to the assets of the Company for the return of its his or her positive Capital Account balance and shall have no recourse for its his or her Capital Contribution and/or share of net income (upon dissolution or otherwise) Net Profits against any Managerother Member.
Appears in 1 contract
Samples: Limited Liability Company Operating Agreement (Bonn Edward J)
Limitations on Payments Made in Dissolution. Except as otherwise specifically provided in this Agreement, the each Member shall only be entitled to look solely to at the assets of the Company for the return of its such Member's positive Capital Account balance and shall have no recourse for its Capital Contribution and/or share of net income (upon dissolution any such or otherwise) other amounts against any ManagerManager or any other Member.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Euroseas Ltd.)
Limitations on Payments Made in Dissolution. Except as otherwise specifically provided in this Agreement, the each Member shall only be entitled to look solely to the assets of the Company for the return of its positive Capital Account balance and shall have no recourse for its Capital Contribution and/or share of net income or gain of the Company (upon dissolution or otherwise) against the Manager or any Managerother Member.
Appears in 1 contract
Samples: Limited Liability Company Agreement (TNP Strategic Retail Trust, Inc.)
Limitations on Payments Made in Dissolution. Except as otherwise specifically provided in this Agreement, the each Member shall only be entitled to look solely to at the assets of the Company for the return of its positive Capital Account balance and shall have no recourse for its Capital Contribution and/or share of net income Net Profits (upon dissolution or otherwise) against any Managerother Member.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Borqs Technologies, Inc.)
Limitations on Payments Made in Dissolution. Except as otherwise specifically provided in this Agreement, the each Member shall only be entitled to look solely to at the assets of the Company for the return of its positive Capital Account balance and shall have no recourse for its such Member's Capital Contribution and/or share of net income Net Profits (upon dissolution or otherwise) against the officers, or any Managerother Member except as provided in Article 12.
Appears in 1 contract
Limitations on Payments Made in Dissolution. Except as otherwise specifically provided in this Agreement, the each Member shall only be entitled to look solely to the assets of the Company for the return of its the Member’s positive Capital Account balance and shall have no recourse for its his or her Capital Contribution and/or share of net income (upon dissolution or otherwise) Company profits against any Managerother Member except as provided in Section 13.
Appears in 1 contract
Limitations on Payments Made in Dissolution. Except as otherwise specifically provided in this Agreement, the each Member shall only be entitled to look solely to the assets of the Company for the return of its positive such Member’s Capital Account balance and shall have no recourse for its such Member’s Capital Contribution and/or or share of net income profits (upon on dissolution or otherwise) against any Managerother Member or the Managing Member.
Appears in 1 contract
Limitations on Payments Made in Dissolution. Except as otherwise specifically provided in this Agreement, the each Member shall only be entitled to look solely to the Company’s assets of Company for the return of his, her, or its positive Capital Account balance and shall have no recourse for his, her, or its Capital Contribution and/or share of net income Net Profit (upon dissolution or otherwise) against the Members or any Managerother Member.
Appears in 1 contract
Samples: Operating Agreement (Red Rock Pictures Holdings, Inc)