No Deficit Contribution Obligation. No Member shall have any obligation, upon a liquidation, to make any Capital Contribution for purposes of eliminating or diminishing any negative balance in such Member’s Capital Account.
Appears in 7 contracts
Samples: Limited Liability Company Agreement (Georesources Inc), Limited Liability Company Agreement (Stonemor Partners Lp), Limited Liability Company Agreement (Hiland Partners, LP)
No Deficit Contribution Obligation. No Member shall have any obligation, upon a liquidation, to make any Capital Contribution for purposes of eliminating or diminishing any negative balance in such Member’s 's Capital Account.
Appears in 2 contracts
Samples: Limited Liability Company Agreement (Markwest Energy Partners L P), Limited Liability Company Agreement (Markwest Energy Partners L P)
No Deficit Contribution Obligation. No Member shall have any obligation, upon a liquidation, to make any Capital Contribution for purposes of eliminating or diminishing any negative balance in such Member’s 's Capital Account.. ARTICLE 17
Appears in 2 contracts
Samples: Limited Liability Company Agreement (Hiland Partners, LP), Limited Liability Company Agreement (Hiland Holdings GP, LP)
No Deficit Contribution Obligation. No The Sole Member shall have no any obligation, upon a liquidation, to make any Capital Contribution for purposes of eliminating or diminishing any negative balance in such the Sole Member’s Capital Accountcapital account.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Stonemor Partners Lp)