Negative Capital Account Restoration. No Member shall have any obligation whatsoever upon the Liquidation of such Member’s Interest, the Liquidation of the Company or in any other event, to contribute all or any portion of any negative balance standing in such Member’s Capital Account to the Company, to each other Member or to any other person or entity.
Appears in 7 contracts
Samples: Limited Liability Company Agreement, Limited Liability Company Agreement (KBS Strategic Opportunity REIT II, Inc.), Limited Liability Company Agreement (KBS Strategic Opportunity REIT II, Inc.)
Negative Capital Account Restoration. No Member shall have any obligation whatsoever upon the Liquidation of such Member’s 's Interest, the Liquidation of the Company or in any other event, to contribute all or any portion of any negative balance standing in such Member’s 's Capital Account to the Company, to each the other Member or to any other person or entityPerson.
Appears in 3 contracts
Samples: Limited Liability Company Agreement (Tejon Ranch Co), Limited Liability Company Agreement (Tejon Ranch Co), Limited Liability Company Agreement (Tejon Ranch Co)
Negative Capital Account Restoration. No Member shall have any obligation whatsoever upon the Liquidation of such Member’s 's Interest, the Liquidation of the Company or in any other event, to contribute all or any portion of any negative balance standing in such Member’s 's Capital Account to the Company, to each the other Member or to any other person or entityPerson. ARTICLE XIII MISCELLANEOUS 13.01 Amendments This Agreement may be amended and/or modified only with the written approval of both Members.
Appears in 2 contracts
Samples: Limited Liability Company Agreement (Tejon Ranch Co), Limited Liability Company Agreement (Tejon Ranch Co)
Negative Capital Account Restoration. No Member shall have any obligation whatsoever upon the Liquidation of such Member’s 's Interest, the Liquidation of the Company or in any other event, to contribute all or any portion of any negative balance standing in such Member’s 's Capital Account to the Company, to each any other Member or to any other person or entity.
Appears in 2 contracts
Samples: Limited Liability Company Agreement (Aladdin Gaming Holding LLC), Operating Agreement (Harrington West Financial Group Inc/Ca)
Negative Capital Account Restoration. No Member shall have any obligation whatsoever upon the Liquidation of such Member’s Interest, the Liquidation of the Company or in any other event, to contribute all or any portion of any negative balance standing in such Member’s Capital Account to the Company, to each other Member or to any other person or entity.. ARTICLE IX BOOKS AND RECORDS 9.01
Appears in 2 contracts
Samples: Limited Liability Company Agreement (Pacific Oak Strategic Opportunity REIT, Inc.), Limited Liability Company Agreement
Negative Capital Account Restoration. No Member shall have any obligation whatsoever upon the Liquidation of such Member’s Interest, the Liquidation of the Company or in any other event, to contribute all or any portion of any negative balance standing in such Member’s Capital Account to the Company, to each other Member or to any other person or entity.
Appears in 1 contract
Samples: Limited Liability Company Agreement (KBS Strategic Opportunity REIT II, Inc.)
Negative Capital Account Restoration. No Member shall have any obligation whatsoever upon the Liquidation termination of such Member’s InterestInterest in the Company, the Liquidation of the Company or in any other event, to contribute all or any portion of any negative balance standing in such Member’s Capital Account Accounts to the Company, to each the other Member or to any other person or entityPerson.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Colony American Homes, Inc.)
Negative Capital Account Restoration. No Member shall have any obligation whatsoever upon the Liquidation of such Member’s Interest, the Liquidation of the Company company or in any other event, to contribute all or any portion of any negative balance standing in such Member’s Capital Account to the Company, to each other Member Company or to any other person or entity.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Ranch Golf Club, LLC)
Negative Capital Account Restoration. No Member shall have any obligation whatsoever upon the Liquidation of such Member’s Interest, the Liquidation of the Company or in any other event, to contribute all or any portion of any negative balance standing in such Member’s Capital Account to the Company, to each the other Member or to any other person or entity.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Tejon Ranch Co)
Negative Capital Account Restoration. No Member shall have any obligation whatsoever upon the Liquidation of such Member’s Interest, the Liquidation of the Company or in SMRH:479330698.9 any other event, to contribute all or any portion of any negative balance standing in such Member’s Capital Account to the Company, to each other Member or to any other person or entity.
Appears in 1 contract
Samples: Limited Liability Company Agreement (KBS Strategic Opportunity REIT II, Inc.)
Negative Capital Account Restoration. No Member shall have any obligation whatsoever upon the Liquidation of such Member’s InterestUnits, the Liquidation of the Company or in any other event, to contribute all or any portion of any negative balance standing in such Member’s Capital Account to the Company, to each any other Member or to any other person or entity.
Appears in 1 contract
Samples: Limited Liability Company Agreement (CBD Holdings Finance Inc.)
