Common use of No Restoration Obligation Clause in Contracts

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 4 contracts

Samples: Operating Agreement (Campus Crest Communities, Inc.), Operating Agreement (Campus Crest Communities, Inc.), Purchase and Sale Agreement (Campus Crest Communities, Inc.)

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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 (Malone John C), Operating Agreement (McGuirk Terence F)

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)

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.. 12.5

Appears in 1 contract

Samples: Operating Agreement

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No Restoration Obligation. Nothing Except as otherwise specifically provided in this Agreement, nothing contained in this Agreement imposes on any Member an obligation to make a contribution an Additional Contribution in order to restore a deficit Capital Account upon Liquidation of the Company.

Appears in 1 contract

Samples: Operating Agreement (Liberty Media International Inc)

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