No Deficit Restoration Obligation. Except as otherwise expressly required in the Act or this Agreement, no Member will have any liability to restore all or any portion of a deficit balance in such Member's Capital Account.
Appears in 3 contracts
Samples: Operating Agreement, Operating Agreement, Operating Agreement
No Deficit Restoration Obligation. Except as otherwise expressly required in the Act or this AgreementLLC Act, no Member will have any liability to restore all or any portion of a deficit balance in such the Member's ’s Capital Account.
Appears in 1 contract
Samples: Operating Agreement
