Common use of No Restoration Obligation Clause in Contracts

No Restoration Obligation. Except as otherwise specifically provided in 8.2 and 8.3, nothing contained in this Agreement imposes on any Member an obligation to make an Additional Contribution in order to restore a deficit Capital Account upon Liquidation of the Company.

Appears in 4 contracts

Samples: Operating Agreement (Liberty Media Corp /De/), Operating Agreement (Liberty Media Corp /De/), Operating Agreement (Tci Satellite Entertainment Inc)

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No Restoration Obligation. Except as otherwise specifically provided in Sections 8.2 and 8.3, nothing contained in this Agreement imposes on any Member an obligation to make an Additional Contribution in order to restore a deficit Capital Account upon Liquidation of the Company.

Appears in 4 contracts

Samples: Operating Agreement (Gci Inc), Operating Agreement (General Communication Inc), Operating Agreement (General Communication Inc)

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No Restoration Obligation. Except as otherwise specifically provided in 8.2 and 8.3Article 8, nothing contained in this Agreement imposes on any Member an obligation to make an Additional Contribution in order to restore a deficit Capital Account upon Liquidation of the Company.

Appears in 1 contract

Samples: Operating Agreement (Booth Creek Ski Holdings Inc)

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