Common use of Member’s Obligation to Repay or Restore Clause in Contracts

Member’s Obligation to Repay or Restore. 1. Except as required by law or the terms of this Agreement, no Member shall be obligated at any time to repay or restore to the Company all or any part of any distribution made to it from the Company in accordance with the terms of this Article 7 or Article 10, and shall not be obligated at any time to restore or repay any deficit in such Member’s Capital Account. 2. Notwithstanding any other provision of this Agreement to the contrary, in the event the Company is obligated to return distributions to any Portfolio Company or any other investment counterparty, each Member shall return its pro rata share of such obligation (determined in accordance with relative distributions received from the Company by the Members) upon ten