No Deficit Restoration by Members. No Member shall be required to contribute capital to the Company to restore a deficit balance in its Capital Account upon liquidation or otherwise.
Appears in 3 contracts
Samples: Purchase and Sale Agreement (Retail Opportunity Investments Corp), Limited Liability Company Agreement (Storage Usa Inc), Limited Liability Company Agreement (Susa Partnership Lp)
No Deficit Restoration by Members. No Member shall be required to contribute capital to the Company to restore a deficit balance in its such Member’s Capital Account upon liquidation or otherwise.
Appears in 2 contracts
Samples: Limited Liability Company Agreement (Q2Earth Inc.), Limited Liability Company Agreement (Q2Earth Inc.)
No Deficit Restoration by Members. No Notwithstanding anything to the contrary in this Agreement, no Member shall be required to contribute capital to the Company to restore a deficit balance in its Capital Account upon liquidation or otherwise.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Jernigan Capital, Inc.)
No Deficit Restoration by Members. No Member shall be required to contribute capital to the Company to restore a deficit balance in its Capital Account upon liquidation or otherwise. ARTICLE V-- DISTRIBUTIONS.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Boykin Lodging Co)
