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

Member’s Obligation to Repay or Restore. Except as required by law, 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 IX.

Appears in 3 contracts

Samples: Operating Agreement (Agritope Inc), Operating Agreement (Agritope Inc), Operating Agreement (Epitope Inc/Or/)

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Member’s Obligation to Repay or Restore. Except as required by lawlaw or the terms of this Agreement, no the Member shall not 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 IXSection 6 et seq. or Section 8 et seq. below.

Appears in 1 contract

Samples: Operating Agreement (Urs Corp /New/)

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Member’s Obligation to Repay or Restore. Except as required by law, 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 IX7.

Appears in 1 contract

Samples: Limited Liability Company Agreement

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