No Liability for Capital Contributions. No Member shall be personally liable for the return of any portion of the capital contribution of any of the Members; the return of those capital contributions shall be made solely from the Company’s assets. No Member shall be required to pay to the Company or any other Member any deficit in its Capital Account (upon dissolution or otherwise). No Member shall have the right to demand or receive cash or other property for its Common Units.
Appears in 4 contracts
Samples: Limited Liability Company Agreement (Hale Capital Partners, LP), Limited Liability Company Agreement (Hale Capital Partners, LP), Limited Liability Company Agreement (Hale Capital Partners, LP)
No Liability for Capital Contributions. No Member shall be personally liable for the return of any portion of the capital contribution of any contributions of the Members; the . The return of those the Members’ capital contributions shall be made solely from the Company’s assets. No Member shall be required to pay to the Company or any other Member any deficit in its Capital Account (upon dissolution or otherwise). No Member shall have the right to demand or receive property other than cash or other property for its Common Unitsinterest in the Company.
Appears in 2 contracts
Samples: Operating Agreement, Membership Interest Subscription Agreement
No Liability for Capital Contributions. No Member shall be personally liable for the return of any portion of the capital contribution of any Capital Contributions of the Members; the . The return of those capital contributions Members’ Capital Contributions, if applicable, shall be made solely from the Company’s assets. No Member shall be required to pay to the Company or any other Member any deficit in its Capital Account (upon dissolution or otherwise). No Member shall have the right to demand or receive cash or other property for its Common Units.
Appears in 1 contract
Samples: Limited Liability Company Operating Agreement (Services International LLC)
No Liability for Capital Contributions. No Member shall be personally liable for the return of any portion of the capital contribution of any of the Members; the return of those capital contributions shall be made solely from the Company’s 's assets. No Member shall be required to pay to the Company or any other Member any deficit in its Capital Account any Member's capital account (upon dissolution or otherwise). No Member shall have the right to demand or receive cash or other property for its Common Unitsthat Member's interest in the Company.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Network Event Theater Inc)
No Liability for Capital Contributions. No Member shall be personally liable for the return of any portion of the capital contribution of any contributions of the Members; the . The return of those Members' capital contributions contributions, if applicable, shall be made solely from the Company’s 's assets. No Member shall be required to pay to the Company or any other Member any deficit in its Capital Account (upon dissolution or otherwise). No Member shall have the right to demand or receive cash or other property for its Common Units.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Vertex Aerospace Inc)
