Restoration of Deficit Capital Accounts. A Member with a deficit balance in the Member’s Capital Account after all the allocations and distributions pursuant to ARTICLES IV and V of this Agreement have been made shall not be obligated to contribute property or cash to the Company upon liquidation of the Company (or at any other time) in order to restore such deficit Capital Account balance.
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Samples: Limited Liability Company Agreement (GoDaddy Inc.), Limited Liability Company Agreement (GoDaddy Inc.), Limited Liability Company Agreement (GoDaddy Inc.)
Restoration of Deficit Capital Accounts. (a) A Member with a deficit balance in the Member’s Capital Account after all of the allocations and distributions pursuant to ARTICLES IV ARTICLE 11 and V ARTICLE 12 of this Agreement have been made upon the liquidation of the Company or the Member’s limited liability company interest in the Company shall not be obligated to contribute property or cash to the Company upon liquidation of the Company (or at any other time) in order to restore such deficit Capital Account balance.
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