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Common use of Negative Balances; Interest Clause in Contracts

Negative Balances; Interest. None of the Members shall have any obligation to the Company or to any other Member to restore any negative balance in its Capital Account. No interest shall be paid by the Company on any Capital Contributions.

Appears in 22 contracts

Samples: Limited Liability Company Agreement (MediaAlpha, Inc.), Limited Liability Company Agreement (MediaAlpha, Inc.), Operating Agreement (Evolent Health, Inc.)

Negative Balances; Interest. None of the Members shall have any obligation to the Company or to any other Member to restore any negative balance in its Capital AccountAccount except as required under Applicable Law. No interest shall be paid by the Company on any Capital Contributions.

Appears in 1 contract

Samples: Operating Agreement (OTG EXP, Inc.)