Not Liable for Return of Capital. No Member nor any Affiliate, officer, director, manager, member, stockholder, partner, employee or agent of any Member or of any such Person shall be personally liable for the return of the Capital Contributions of any other Member or any portion thereof, and such return shall be made solely from available Company assets, if any.
Appears in 3 contracts
Samples: Limited Liability Company Agreement (Nevada Property 1 LLC), Operating Agreement (Nevada Property 1 LLC), Operating Agreement (Nevada Property 1 LLC)
Not Liable for Return of Capital. No Member nor or any Affiliate, officer, director, manager, member, stockholder, partner, employee or agent of any Member or of any such Person its Related Persons shall be personally liable for the return of the Capital Contributions of any other Member or any portion thereof, and such return shall be made solely from available Company assetsAssets, if any, from which the Capital Contribution was made and shall be subtracted from the account or accounts from which the Capital Contribution was made.
Appears in 2 contracts
Samples: Limited Liability Company Agreement (Colony Capital, Inc.), Limited Liability Company Agreement (Colony Capital, Inc.)
