No Negative Capital Account Obligation. Notwithstanding any other -------------------------------------- provision of this Agreement to the contrary, in no event shall the Member if it has a negative capital account upon final distribution of all cash and other property of the Company be required to restore such negative account to zero.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Nm Licensing LLC)
No Negative Capital Account Obligation. Notwithstanding any -------------------------------------- other -------------------------------------- provision of this Agreement to the contraryAgreement, in no event shall the any Member if it who has a negative capital account Capital Account upon final distribution of all cash and other property of the Company be required to restore such negative account to zero.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Nm Licensing LLC)
No Negative Capital Account Obligation. Notwithstanding any other -------------------------------------- provision of this Agreement to the contraryAgreement, in no event shall the any Member if it who has a negative capital account upon final distribution of all cash and other property of the Company be required to restore such negative account to zero.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Wire Harness Industries Inc)
No Negative Capital Account Obligation. Notwithstanding any other -------------------------------------- provision of this Agreement to the contraryAgreement, in no the event shall the Member if it has a negative capital account upon final distribution of all cash and other property of the Company Company, the Member shall not be required to restore such negative account to zero.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Woodland Cryogenics Co)
