Manager's Capital Contributions. Upon or prior to the first distribution in liquidation, the Manager shall contribute to the capital of the Fund an amount equal to any deficit in the Capital Account of such Manager calculated just prior to the date of such distribution, to the extent not previously contributed. The Manager, in its discretion, may comply with this Section 14.6 by waiving all or a portion of a distribution or any other compensation to which it is entitled under this Agreement.
Appears in 8 contracts
Samples: Limited Liability Company Agreement (Ridgewood Energy v Fund LLC), Operating Agreement Limited Liability Company Agreement (Ridgewood Energy P Fund LLC), Limited Liability Company Agreement (Ridgewood Energy T Fund LLC)
Manager's Capital Contributions. Upon or prior to the first distribution in liquidation, the Manager shall contribute to the capital of the Fund an amount equal to any deficit in the Capital Account of such Manager calculated just prior to the date of such distribution, to the extent not previously contributed. The Manager, in its discretion, may comply with this Section 14.6 14.7 by waiving all or a portion of a distribution or any other compensation to which it is entitled under this Agreement.
Appears in 4 contracts
Samples: LLC Operating Agreement (Ridgewood Enengy K Fund LLC), Operating Agreement (Ridgewood Energy L Fund LLC), LLC Operating Agreement (Ridgewood Energy K Fund LLC)
Manager's Capital Contributions. Upon or prior to the first distribution in liquidation, the Manager shall contribute to the capital of the Fund an amount equal to any deficit in the Capital Account of such Manager calculated just prior to the date of such distribution, to the extent not previously contributed. The Manager, in its discretion, may comply with this Section 14.6 by waiving all or a portion of a distribution or any other compensation to which it is entitled under this Agreement.this
Appears in 1 contract
Samples: Limited Liability Company Agreement (Ridgewood Energy S Fund LLC)
