No Obligation to Restore Deficit Balance. Except as required by law or by Section 8.3 or 8.4, no Member shall be required to restore any deficit balance in its Capital Account.
Appears in 43 contracts
Samples: Limited Liability Company Operating Agreement (Rousselot Dubuque Inc.), Limited Liability Company Operating Agreement (Town Sports International Inc), Limited Liability Company Operating Agreement (Town Sports International Inc)
No Obligation to Restore Deficit Balance. Except as required by law or by Section 8.3 or 8.4as otherwise provided in this Agreement, no Member shall will be required to restore any deficit balance in its Capital Account.
Appears in 3 contracts
Samples: Limited Liability Company Agreement, Limited Liability Company Agreement (Valuevision International Inc), Limited Liability Company Agreement (Polo Ralph Lauren Corp)
