No Recourse to Assets of Members. Each Member will look solely to the assets of the Company for all distributions with respect to the Company and such Member’s capital contributions thereto and share of profits or losses thereof, and will have no recourse therefore (upon dissolution of the Company or otherwise) against any other Member.
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Samples: Limited Liability Company Agreement (Eagle Holdco 3 LLC), Limited Liability Company Agreement (Eagle Holdco 3 LLC), Limited Liability Company Operating Agreement (Detroit Radio, LLC)
No Recourse to Assets of Members. Each Member will look solely to the assets of the Company for all distributions with respect to the Company and such Member’s capital contributions Capital Contributions thereto and share of profits or losses thereoflosses, and will have no recourse therefore therefor (upon dissolution of the Company or otherwise) against any other Member.
Appears in 2 contracts
Samples: Limited Liability Company Agreement (STORE CAPITAL Corp), Limited Liability Company Agreement (Griffin Realty Trust, Inc.)
No Recourse to Assets of Members. Each Member will look solely to the assets of the Company for all distributions with respect to the Company and such Member’s capital contributions thereto and share of profits or losses thereoflosses, and will have no recourse therefore therefor (upon dissolution of the Company or otherwise) against any other MemberMembers.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Gramercy Capital Corp)
No Recourse to Assets of Members. Each Member will shall look solely to the assets of the Company for all distributions with respect to the Company and such Member’s capital contributions thereto and share of profits or losses thereof, and will shall have no recourse therefore (upon dissolution of the Company or otherwise) against any other Member.
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No Recourse to Assets of Members. Each Member will look solely to the assets of the Company Assets for all distributions with respect to the Company and such Member’s capital contributions thereto and share of profits or losses thereof's Capital Account balances, and will have no recourse therefore therefor (upon dissolution of the Company or otherwise) against Stratosphere or any other Member.
Appears in 1 contract
No Recourse to Assets of Members. Each Member will shall look solely to the assets of the Company for all distributions with respect to the Company and such Member’s 's capital contributions thereto and share of profits or losses thereof, and will shall have no recourse therefore therefor (upon dissolution of the Company or otherwise) against any other Member.
Appears in 1 contract
Samples: Operating Agreement (Ridgewood Electric Power Trust Iv)