No Negative Capital Account Restoration. Notwithstanding anything to the contrary in this Agreement, no Member shall be obligated to contribute cash or property to restore a negative Capital Account during the existence, or at the dissolution and termination, of the Company.
Appears in 6 contracts
Samples: Limited Liability Company Agreement (Winder HMA, LLC), Limited Liability Company Agreement (Winder HMA, LLC), Limited Liability Company Agreement (Winder HMA, LLC)
No Negative Capital Account Restoration. Notwithstanding anything to the contrary in this Agreement, In no event shall any Member shall be obligated required to contribute cash or property capital to restore a negative balance in such Member's Capital Account during upon the existenceliquidation of the Company or such Member's Interest, or at the dissolution and termination, of the Companyany other time.
Appears in 2 contracts
Samples: Operating Agreement (J C Nichols Co), Operating Agreement (Nn Ball & Roller Inc)
No Negative Capital Account Restoration. Notwithstanding anything to In no event shall the contrary in this Agreement, no Member shall be obligated required to contribute cash or property capital to restore a negative balance in the Member’s Capital Account during upon the existence, liquidation of the Company or at the dissolution and termination, of the Companyany other time.
Appears in 2 contracts
Samples: Limited Liability Company Agreement (AMC of Maryland, LLC), Limited Liability Company Agreement (AMC of Maryland, LLC)
No Negative Capital Account Restoration. Notwithstanding anything to the contrary in this Agreement, no Member shall be obligated to contribute cash or property to restore a negative Capital Account during the existence, existence or at the dissolution and termination, termination of the CompanyCompany and the negative Capital Account shall not be considered a debt owed to the Company or any other Person for any other purposes.
Appears in 2 contracts
Samples: Lease Agreement, Lease Agreement (Health Management Associates Inc)
No Negative Capital Account Restoration. Notwithstanding anything to the contrary in this Agreement, no Member shall be obligated to contribute cash or property to restore a negative Capital Account during the existence, existence or at the dissolution and termination, termination of the Company.
Appears in 1 contract
No Negative Capital Account Restoration. Notwithstanding anything to the contrary in this Agreement, no Member shall be obligated to contribute cash or property to restore a negative Capital Account during the existence, or at the dissolution and termination, of the Company.,
Appears in 1 contract
Samples: Limited Liability Company Agreement (Winder HMA, LLC)
