Common use of NO REQUIREMENT TO RESTORE DEFICIT IN CAPITAL ACCOUNT Clause in Contracts

NO REQUIREMENT TO RESTORE DEFICIT IN CAPITAL ACCOUNT. Nothing contained in this Agreement shall be construed to require any Member to restore any deficit in its Capital Account.

Appears in 4 contracts

Samples: Operating Agreement (Rouge Steel Co), Operating Agreement (Rouge Steel Co), Limited Liability Company Agreement (M I Schottenstein Homes Inc)

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NO REQUIREMENT TO RESTORE DEFICIT IN CAPITAL ACCOUNT. Nothing contained in this Agreement shall be construed to require any Member to restore any deficit in its a Capital AccountAccount by making any Capital Contributions to the Company.

Appears in 1 contract

Samples: Operating Agreement (Biolife Solutions Inc)

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