Common use of No Additional Capital Contributions Clause in Contracts

No Additional Capital Contributions. The Member shall not be required to make any additional capital contributions or loans to the Company or be personally liable for the payment of any debts of the Company.

Appears in 2 contracts

Samples: Operating Agreement (QualityTech, LP), Operating Agreement (Amerus Life Holdings Inc)

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No Additional Capital Contributions. The No Member shall not be required obligated to make any additional capital contributions Capital Contributions or loans provide any additional funding to the Company (whether in the form of loans, repayments of loans or otherwise). Except with the approval of the Board, no Member shall be personally liable for the payment of permitted to make any debts of additional Capital Contribution to the Company.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Real Brokerage Inc), Securities Subscription Agreement (Real Brokerage Inc)

No Additional Capital Contributions. The No Member shall not be required to make any further or additional capital contributions or loans to the Company Company, except as required by the Act or be personally liable for this Agreement. No Member shall have the payment of any debts of right to make additional capital contributions to the Company, except as approved by the Managers.

Appears in 1 contract

Samples: LLC Formation Agreement

No Additional Capital Contributions. The No Member shall not be required to make any additional capital contributions or loans Capital Contributions to the Company. Any future Capital Contributions made by any Member shall only be made with the consent of the Board. No Member shall be required to lend any funds to the Company or be personally liable and no Member shall have any personal liability for the payment or repayment of any debts of the CompanyCapital Contribution by or to any other Member.

Appears in 1 contract

Samples: Operating Agreement (Verb Technology Company, Inc.)

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No Additional Capital Contributions. The No Member shall not be required to make any additional capital contributions or loans contribution to the Company or under any circumstances except as may be personally liable for required by the payment Board of any debts of the Companyan Additional Member when it is admitted pursuant to Section 13.1. No Member shall be obligated to restore a negative capital account balance.

Appears in 1 contract

Samples: Limited Liability Company Operating Agreement (Coca Cola Bottling Co Consolidated /De/)

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