Common use of No Deficit Capital Account Make-Up Clause in Contracts

No Deficit Capital Account Make-Up. Notwithstanding any other provision in this Agreement, no Partner shall have an obligation to the Partnership, to the other Partners or to third parties to restore a negative Capital Account balance during the existence of the Partnership or upon the dissolution or termination of the Partnership.

Appears in 7 contracts

Samples: Limited Partnership Agreement (Marietta Surgical Center, Inc.), Limited Partnership Agreement (Marietta Surgical Center, Inc.), Limited Partnership Agreement (Marietta Surgical Center, Inc.)

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