Negative Balance in Capital Account. Except as may be required by law, at no time during the term of the Company, or upon the dissolution or liquidation thereof, shall the Managing Member have any obligation to the Company or any other Member to restore any negative balance in its capital account.
Appears in 8 contracts
Samples: Limited Liability Company Agreement (BMW Fs Securities LLC), Limited Liability Company Agreement (Financial Services Vehicle Trust), Limited Liability Company Agreement (BMW Fs Securities LLC)