No Restoration of Negative Capital Accounts. No Member shall be obligated to restore a Capital Account with a balance of less than zero.
Appears in 5 contracts
Samples: Limited Liability Company Agreement (Vince Holding Corp.), Limited Liability Company Agreement (Viant Technology Inc.), Membership Interest Purchase Agreement (XCel Brands, Inc.)
No Restoration of Negative Capital Accounts. No Member shall be obligated to restore a Capital Account with a balance of less than zero, upon liquidation of the Company or otherwise.
Appears in 2 contracts
Samples: Limited Liability Company Agreement, Limited Liability Company Agreement