Common use of No Additional Capital Contributions Required Clause in Contracts

No Additional Capital Contributions Required. Except as set forth in Section 3.2.2 below, no Member shall be required to contribute any additional capital to the Company, and no Member shall have any personal liability for any obligation of the Company. Notwithstanding the above, in no event shall any Investor Member ever be required to contribute any additional capital to the Company.

Appears in 3 contracts

Samples: Operating Agreement (Fair-Haired Dumbbell LLC), Operating Agreement (Fair-Haired Dumbbell LLC), Operating Agreement (Fair-Haired Dumbbell LLC)

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No Additional Capital Contributions Required. Except as set forth in Section 3.2.2 below, no No Member shall be required to contribute any additional capital to the Company, and no unless required by a vote of all of the Members. No Member shall have any personal liability for any obligation of the Company. Notwithstanding the above, in no event shall any Investor Member ever be required to contribute any additional capital to the Company.

Appears in 1 contract

Samples: Operating Agreement (Glk, LLC)

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No Additional Capital Contributions Required. Except as set forth in Section 3.2.2 below, no Member shall be required to contribute any additional capital to the Company, and no Member shall have any personal liability for any obligation of the Company. Notwithstanding the above, in no event shall any Investor Member ever be required to contribute any additional capital to the Company.

Appears in 1 contract

Samples: Operating Agreement

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