No Restoration Obligation. Nothing contained in this Agreement imposes on any Member an obligation to make a contribution in order to restore a deficit Capital Account upon Liquidation of the Company.
Appears in 5 contracts
Samples: Operating Agreement, Operating Agreement (Campus Crest Communities, Inc.), Operating Agreement (Campus Crest Communities, Inc.)
No Restoration Obligation. Nothing contained in this Agreement imposes on any Member an obligation to make a contribution Capital Contribution in order to restore a deficit Capital Account capital account upon Liquidation of the Company.
Appears in 2 contracts
Samples: Operating Agreement (McGuirk Terence F), Operating Agreement (Malone John C)
No Restoration Obligation. Nothing contained in this Agreement imposes on any Member an obligation to make a contribution an Additional Capital Contribution in order to restore a deficit Capital Account upon Liquidation of the Company.
Appears in 2 contracts
Samples: Operating Agreement (Healtheon Webmd Corp), Operating Agreement (Healtheon Webmd Corp)