No Obligation of Members to Restore Deficit. The Members shall have no liability to the Company, to any other Member, or to the creditors of the Company on account of any deficit balance in such Member’s Capital Account. Subject to Section 3.3 hereof, any Member, with the approval of the Board of Directors, may make loans to the Company and any such loan shall not be considered a Capital Contribution.
Appears in 4 contracts
Samples: Limited Liability Company Agreement (Strategic Hotels & Resorts, Inc), Limited Liability Company Agreement (Strategic Hotels & Resorts, Inc), Limited Liability Company Agreement (Strategic Hotels & Resorts, Inc)
