Return of Contribution Nonrecourse to Other Members. Except as provided by law, upon dissolution, each member shall look solely to the assets of the Company for the return of the member's capital contribution. If the Company property remaining after the payment or discharge of the Company's debts and liabilities is insufficient to return the cash contribution of one or more members, such member or members shall have no recourse against any other member or the Board.
Appears in 8 contracts
Samples: Operating Agreement (Dominion Resources Inc /Va/), Operating Agreement (Pepco Holdings Inc), Operating Agreement (Great Plains Energy Inc)
Return of Contribution Nonrecourse to Other Members. Except as provided by lawlaw or as expressly provided in this Agreement, upon dissolution, each member Member shall look solely to the assets of the Company for the return of the member's capital contributionits Capital Contribution. If the Company property remaining after the payment or discharge of the Company's debts and liabilities of the Company is insufficient to return the cash contribution of one or more membersMembers, such member Member or members Members shall have no recourse against any other member or the BoardMember.
Appears in 6 contracts
Samples: Limited Liability Company Agreement (Celadon Group Inc), Operating Agreement (Inland Western Retail Real Estate Trust Inc), Operating Agreement (Inland Western Retail Real Estate Trust Inc)
Return of Contribution Nonrecourse to Other Members. Except as provided by lawlaw or as expressly provided in this LLC Agreement, upon dissolution, each member Member and Economic Interest Owner shall look solely to the assets of the Company for the return of the member's capital contributionits Capital Contributions. If the Company property assets remaining after the payment or discharge of the Company's debts and liabilities of the Company is insufficient to return the cash contribution Capital Contributions of one or more membersthe Members and Economic Interest Owners, such member or members the Members and Economic Interest Owners shall have no recourse against any other member Member or the BoardEconomic Interest Owner.
Appears in 6 contracts
Samples: Limited Liability Company Agreement (Great Plains Energy Inc), Limited Liability Company Agreement (Great Plains Energy Inc), Limited Liability Company Agreement (Great Plains Energy Inc)
Return of Contribution Nonrecourse to Other Members. Except as provided by lawlaw or as expressly provided in this Agreement, upon dissolution, each member Member shall look solely to the assets of the Company for the return of the member's capital contributionits Capital Contributions. If the Company property remaining after the payment or discharge of the Company's debts and liabilities of the Company is insufficient to return the cash contribution of one or more membersMembers, such member or members no Member shall have no any recourse against any other member or the BoardMember.
Appears in 5 contracts
Samples: Series C Preferred Stock Purchase Agreement (Mp3 Com Inc), Series C Preferred Stock Purchase Agreement (Mp3 Com Inc), Operating Agreement (Paxson Communications Corp)
Return of Contribution Nonrecourse to Other Members. Except as provided by lawlaw or as expressly provided in this Agreement, upon dissolution, dissolution each member Member shall look solely to the assets of the Company for the return of the member's capital contributionits Capital Contribution. If the Company property remaining after the payment or discharge of the Company's debts and liabilities of the Company is insufficient to return the cash contribution of one or more membersMembers, such member Member or members Members shall have no recourse against any other member or the BoardMember.
Appears in 4 contracts
Samples: Limited Liability Company Agreement (Behringer Harvard Opportunity REIT I, Inc.), Limited Liability Company Agreement (Behringer Harvard Opportunity REIT I, Inc.), Limited Liability Company Agreement (Behringer Harvard Opportunity REIT I, Inc.)
Return of Contribution Nonrecourse to Other Members. Except as provided by lawLaw or as expressly provided in this Agreement, upon dissolution, dissolution each member Member shall look solely to the assets of the Company for the return of the member's capital contributionits Capital Contribution or its Capital Account. If the Company property remaining after the payment or discharge of liabilities of the Company's debts and liabilities Company is insufficient to return the cash contribution contributions of one or more membersMembers, such member or members no Member shall have no recourse against any other member or the BoardMember.
Appears in 4 contracts
Samples: Limited Liability Company Agreement (Horwitz Bradley J), Limited Liability Company Agreement (Trilogy International Partners Inc.), Limited Liability Company Agreement (Trilogy International Partners Inc.)
Return of Contribution Nonrecourse to Other Members. Except as provided by law, upon dissolution, each member shall Member will look solely to the assets of the Company for the return of the member's capital contributionMember’s Capital Contribution. If the Company property remaining after the payment or discharge of the Company's debts and liabilities of the Company is insufficient to return the cash contribution of one or more membersany Members, such member or members shall Member will have no recourse against any other member or the BoardMember.
Appears in 4 contracts
Samples: Limited Liability Company Agreement (Nevada Property 1 LLC), Limited Liability Company Agreement (Colony Resorts LVH Acquisitions LLC), Limited Liability Company Agreement (Colony Resorts LVH Acquisitions LLC)
Return of Contribution Nonrecourse to Other Members. Except as provided by lawlaw or as expressly provided in this Operating Agreement, upon dissolution, each member Member shall look solely to the assets of the Company for the return of the member's capital contributionits Capital Contribution. If the Company property remaining after the payment or discharge of the Company's debts and liabilities of the Company is insufficient to return the cash contribution of one or more membersMembers, such member or members the Members shall have no recourse against any other member or the BoardMember.
Appears in 3 contracts
Samples: Operating Agreement (SILC Holdings LLC), Operating Agreement (Horsburgh & Scott Co), Operating Agreement (Horsburgh & Scott Co)
Return of Contribution Nonrecourse to Other Members. Except as provided by lawlaw or as expressly provided in this Agreement, upon dissolution, each member Member shall look solely to the assets of the Company for the return of the member's capital contributionits Capital Contributions. If the Company property remaining after the payment or discharge of the Company's debts and liabilities of the Company is insufficient to return the cash contribution Capital Contributions of one or more membersMembers, such member Member or members Members shall have no recourse against any other member or the BoardMember, except as otherwise provided by law.
Appears in 3 contracts
Samples: Operating Agreement (Onepoint Communications Corp /De), Operating Agreement (Onepoint Communications Corp /De), Operating Agreement (Onepoint Communications Corp /De)
Return of Contribution Nonrecourse to Other Members. Except as provided by lawlaw or as expressly provided in this Agreement, upon dissolution, each member Member shall look solely to the assets of the Company for the return of the member's capital contributionits Capital Contribution. If the Company property Property remaining after the payment or discharge of the Company's debts and liabilities of the Company is insufficient to return the cash or other contribution of one or more membersMembers, such member or members Members shall have no recourse against any other member or the BoardMember.
Appears in 3 contracts
Samples: Limited Liability Company Agreement (Macquarie Infrastructure CO LLC), Limited Liability Company Agreement (Macquarie Infrastructure Assets Trust), Limited Liability Company Agreement (Macquarie Infrastructure Assets Trust)
Return of Contribution Nonrecourse to Other Members. Except as provided by law, upon Upon dissolution, each member Member shall look solely to the assets of the Company for the return of the memberMember's capital contributionCapital Contribution. If the Company property remaining after the payment or discharge of the Company's debts and liabilities of the Company is insufficient to return the cash contribution Capital Contribution of one or more membersMembers, then such member Member or members Members shall have no recourse against any other member or the BoardMember.
Appears in 3 contracts
Samples: Operating Agreement (Sligo Partners LLC), Operating Agreement (Pacific Partners LLC), Operating Agreement (Sligo Partners LLC)
Return of Contribution Nonrecourse to Other Members. Except as provided by lawLaw, upon dissolution, each member shall Member will look solely to the assets of the Company for the return of the member's capital contributionMember’s Capital Contribution. If the Company property remaining after the payment or discharge of the Company's debts and liabilities of the Company is insufficient to return the cash contribution Capital Contribution of one or more membersany Members, such member or members shall Member will have no recourse against any other member or the BoardMember.
Appears in 3 contracts
Samples: Limited Liability Company Agreement, Limited Liability Company Agreement (CAESARS ENTERTAINMENT Corp), Limited Liability Company Agreement (Caesars Acquisition Co)
Return of Contribution Nonrecourse to Other Members. Except as provided by lawlaw or as expressly provided in this Agreement, upon dissolution, each member Member shall look solely to the assets of the Company for the return of the member's capital contributionhis Capital Contributions. If the Company property remaining after the payment or discharge of the Company's debts and liabilities of the Company is insufficient to return the cash contribution Capital Contributions of one or more membersMembers, such member Member or members Members shall have no recourse against any other member or the BoardMember.
Appears in 2 contracts
Samples: Operating Agreement (Hallmark Financial Services Inc), Operating Agreement (Hallmark Financial Services Inc)
Return of Contribution Nonrecourse to Other Members. Except as provided by lawlaw or as expressly provided in this Operating Agreement, upon dissolution, each member Member shall look solely to the assets of the Company for the return of the member's capital contributionits Capital Contribution. If the Company property remaining after the payment or discharge of the Company's debts and liabilities of the Company is insufficient to return the cash contribution of one or more membersMembers, such member Member or members Members shall have no recourse against any other member or the BoardMember, except as otherwise provided by law.
Appears in 2 contracts
Samples: Operating Agreement (Raging River Capital LP), Operating Agreement (KFX Inc)
Return of Contribution Nonrecourse to Other Members. Except as provided by lawlaw or as expressly provided in this Agreement, upon dissolution, each member Member shall look solely to the assets of the Company for the return of the member's capital contributionhis Capital Contribution. If the Company property remaining after the payment or discharge of the Company's debts and liabilities of the Company is insufficient to return the cash contribution of one or more membersMembers, such member or members the Members shall have no recourse against any other member or the BoardMembers.
Appears in 2 contracts
Samples: Operating Agreement (Prime Hospitality Corp), Agreement of Members (Prime Hospitality Corp)
Return of Contribution Nonrecourse to Other Members. Except as provided by lawlaw or as expressly provided in this Agreement, upon dissolution, each member Member shall look solely to the assets of the Company Assets for the return of the member's capital contributionsuch Member’s Capital Contribution. If the Company property remaining after the payment or discharge of the Company's debts and liabilities distribution provided in Section 11.02(b)(ii) is insufficient to return the cash contribution Capital Contribution of one or more membersMembers, such member Member or members Members shall have no recourse against the Company or any other member or the BoardMember.
Appears in 2 contracts
Samples: Limited Liability Company Agreement (Ashford Hospitality Trust Inc), Limited Liability Company Agreement (Ashford Hospitality Trust Inc)
Return of Contribution Nonrecourse to Other Members. Except as provided by lawlaw or as expressly provided in this Operating Agreement, upon dissolution, each member Member shall look solely to the assets of the Company for the return of the member's capital contributionits Capital Contribution. If the Company property remaining after the payment or discharge of the Company's debts and liabilities of the Company is insufficient to return the cash contribution of one or more membersMembers, such member Member or members Members shall have no recourse against any other member or the BoardMember, except as otherwise provided by law.
Appears in 2 contracts
Samples: Omnibus Agreement (First Union Real Estate Equity & Mortgage Investments), Omnibus Agreement (First Union Real Estate Equity & Mortgage Investments)
Return of Contribution Nonrecourse to Other Members. Except as provided by lawlaw or as expressly provided in this Agreement, upon dissolution, each member Member shall look solely to the assets of the Company for the return of the member's capital contributionits Capital Contribution. If the Company property remaining after the payment or discharge of the Company's debts and liabilities of the Company is insufficient to return the cash contribution of one or more membersMembers, such member Member or members Members shall have no recourse against the Company or any other member or the BoardMember.
Appears in 2 contracts
Samples: Limited Liability Company Agreement (Vaporin, Inc.), Limited Liability Company Agreement (Vapor Corp.)
Return of Contribution Nonrecourse to Other Members. Except as provided by law, upon dissolution, each member shall Member will look solely to the assets of the Company for the return of the member's capital contributionMember’s Capital Contribution. If the Company property remaining after the payment or discharge of the Company's debts and liabilities of the Company is insufficient to return the cash contribution Capital Contribution of one or more membersany Members, any such member or members shall Member will have no recourse against any other member or the BoardMember.
Appears in 2 contracts
Samples: Operating Agreement (Savage Sports Holdings, Inc.), Operating Agreement (Savage Sports Holdings, Inc.)
Return of Contribution Nonrecourse to Other Members. Except as provided by lawlaw or as expressly provided in this Agreement, upon dissolution, each member Member or Economic Interest Owner shall look solely to the assets of the Company for the return of the member's capital contributionits Capital Contribution. If the Company property remaining after the payment or discharge of the Company's debts and liabilities of the Company is insufficient to return the cash contribution of one or more membersMembers or Economic Interest Owners, such member Member or members Members or Economic Interest Owner shall have no recourse against any other member or the BoardMember.
Appears in 2 contracts
Samples: Operating Agreement (Cal Maine Foods Inc), Agreement to Form a Limited Liability Company (Cal Maine Foods Inc)
Return of Contribution Nonrecourse to Other Members. Except as provided by law, upon Upon dissolution, each member shall look solely to the assets of the Company for the return of the such member's ’s capital contribution. If the Company property remaining after the payment or discharge of the Company's debts and liabilities of the Company is insufficient to return the cash capital contribution of one or more members, then such member or members shall have no recourse against any other member or the Boardor, except as provided in Section 5.03, any Manager.
Appears in 2 contracts
Samples: Limited Liability Company Agreement (Northrop Grumman Corp /De/), Limited Liability Company Agreement (Northrop Grumman Corp /De/)
Return of Contribution Nonrecourse to Other Members. Except as provided by lawLaw or as expressly provided in this Agreement, upon dissolution, each member Member shall look solely to the assets of the Company for the return of the member's capital contributionits Capital Contribution. If the Company property remaining after the payment or discharge of the Company's debts and liabilities of the Company is insufficient to return the cash contribution Capital Contribution of one or more membersMembers, such member Member or members Members shall have no recourse against any other member or the BoardMember.
Appears in 2 contracts
Samples: Limited Liability Company Agreement (First Capital Real Estate Trust Inc), Interest Contribution Agreement (First Capital Real Estate Trust Inc)
Return of Contribution Nonrecourse to Other Members. Except as provided by lawlaw or as expressly provided in this Agreement, upon dissolution, each member Member shall look solely to the assets of the Company for the return of the member's capital contributionits Capital Contribution. If the Company property remaining after the payment or discharge of the Company's debts and liabilities of the Company is insufficient to return the cash contribution of one or more membersMembers, such member Member or members Members shall have no recourse against any other member or the BoardMember, except as otherwise provided by law.
Appears in 2 contracts
Samples: Limited Liability Company Agreement (International Assets Holding Corp), Limited Liability Company Agreement (Herbalife International Inc)
Return of Contribution Nonrecourse to Other Members. Except as provided by law, law or as expressly provided in this Agreement. upon dissolution, . each member Member shall look solely to the assets of the Company for the return of the member's capital contributionits Capital Contribution. If the Company property remaining after the payment or discharge of the Company's debts and liabilities of the Company is insufficient to return the cash contribution of one or more members, Members. such member Member or members Members shall have no recourse against any other member or the BoardMember. except as otherwise provided by law.
Appears in 2 contracts
Samples: Limited Liability Company Agreement, Limited Liability Company Agreement (Global Crossing Servicios, S. De R.L. De C.V.)
Return of Contribution Nonrecourse to Other Members. Except as provided by law, law or as expressly provided in this Operating Agreement upon dissolution, each member Member shall look solely to the assets of the Company for the return of the member's capital contributionhis Capital Contribution. If the Company property remaining after the payment or discharge of the Company's debts and liabilities of the Company is insufficient to return the cash contribution of one or more membersMembers, such member Member or members Members shall have no recourse against any other member or the BoardMember.
Appears in 2 contracts
Samples: Operating Agreement (Walden Residential Properties Inc), Revolving Credit Agreement (Walden Residential Properties Inc)
Return of Contribution Nonrecourse to Other Members. Except as provided by lawlaw or as expressly provided in this Agreement, upon dissolution, each member shall Member or Financial Interest Owner will look solely to the assets property of the Company for the return of the member's capital contributionhis Capital Contribution. If the Company property remaining after the payment or discharge of the Company's debts and liabilities of the Company is insufficient to return the cash contribution Capital Contribution of one or more membersMembers or Financial Interest Owners, such member Members or members shall Financial Interest Owners will have no recourse against any other member or the BoardMember.
Appears in 2 contracts
Samples: Operating Agreement (Performance Drilling Co LLC), Operating Agreement (Performance Drilling Co LLC)
Return of Contribution Nonrecourse to Other Members. Except as provided by lawlaw or as expressly provided in this Agreement, upon dissolution, each member Member shall look solely to the assets of the Company for the return of the member's capital contributionCapital Account of the Member. If the Company property remaining after the payment or discharge of the Company's debts and liabilities of the Company is insufficient to return the cash contribution Capital Account of one or more membersMembers, including, without limitation, all or any part of that Capital Account attributable to Capital Contributions, then such member Member or members Members shall have no recourse against any other member or the BoardMember.
Appears in 2 contracts
Samples: Limited Liability Company Agreement (CBL/Regency I, LLC), Limited Liability Company Agreement (CBL & Associates Properties Inc)
Return of Contribution Nonrecourse to Other Members. Except as provided by lawlaw or as expressly provided in this Agreement, upon dissolution, each member Member shall look solely to the assets of the Company for the return of the member's capital contributionits Capital Contribution. If the Company property remaining after the payment or discharge of the Company's debts and liabilities is such assets are insufficient to pay debts or return investments to the cash contribution of one or more membersMembers, such member or members no Member shall have no any recourse against any other member or the BoardMember.
Appears in 2 contracts
Samples: Securities Purchase Agreement (Good Times Restaurants Inc), Operating Agreement (iPCS, INC)
Return of Contribution Nonrecourse to Other Members. Except as provided by lawlaw or as expressly provided in this Agreement, upon dissolution, each member Member shall look solely to the assets Property of the Company for the return of the member's capital contributionhis or her Capital Contributions. If the Company property Property remaining after the payment or discharge of the Company's debts and liabilities of the Company is insufficient to return the cash contribution Capital Contributions of one or more membersMembers, such member Member or members Members shall have no recourse against any other member or the Board.Member
Appears in 2 contracts
Samples: Limited Liability Company Agreement, Limited Liability Company Agreement
Return of Contribution Nonrecourse to Other Members. Except as provided by law, upon Upon dissolution, each member shall look solely to the assets of the Company for the return of the member's ’s capital contribution. If the Company property remaining after the payment or discharge of the Company's debts and liabilities of the Company is insufficient to return the cash capital contribution of one or more members, then such member or members shall have no recourse against any other member or the Boardmember.
Appears in 2 contracts
Samples: Operating Agreement (Capitalsource Holdings LLC), Operating Agreement (Capitalsource Holdings LLC)
Return of Contribution Nonrecourse to Other Members. Except as provided by lawlaw or as expressly provided in this operating Agreement, upon dissolution, each member Member shall look solely to the assets of the Company for the return of the member's capital contributionits Capital Contribution. If the Company property remaining after the payment or discharge of the Company's debts and liabilities of the Company is insufficient to return the cash contribution of one or more membersMembers, such member Member or members Members shall have no recourse against any other member or the BoardMember.
Appears in 2 contracts
Samples: Operating Agreement (Black Hawk Gaming & Development Co Inc), Operating Agreement (Diversified Opportunities Group LTD)
Return of Contribution Nonrecourse to Other Members. Except as expressly provided by lawin this Limited Liability Company Agreement, upon dissolution, each member Member shall look solely to the assets of the Company for the return of the member's capital contributionits Capital Contribution. If the Company property remaining after the payment or discharge of the Company's debts and liabilities of the Company is insufficient to return the cash contribution Capital Contributions of one or more membersMembers, such member Member or members Members shall have no recourse against any other member Member, the Managers or the Boardmembers of the Management Committee, unless otherwise expressly provided in this Limited Liability Company Agreement.
Appears in 2 contracts
Samples: Limited Liability Company Agreement (Bluerock Residential Growth REIT, Inc.), Limited Liability Company Agreement (Bluerock Residential Growth REIT, Inc.)
Return of Contribution Nonrecourse to Other Members. Except as provided by lawlaw or as expressly provided in this Operating Agreement, upon dissolution, each member Member shall look solely to the assets of the Company for the return of the member's capital contributionany Capital Contribution. If the Company property Property remaining after the payment or discharge of the Company's debts and liabilities of the Company is insufficient to return the cash contribution any Capital Contribution of one or more membersMembers, such member or members the Members shall have no recourse against any other member or the BoardMember.
Appears in 2 contracts
Samples: Operating Agreement (ResCare Finance, Inc.), Operating Agreement (THM Homes Inc)
Return of Contribution Nonrecourse to Other Members. Except as provided by lawlaw or as expressly provided in this Agreement, upon dissolution, dissolution each member Member shall look solely to the assets of the Company for the return of the member's capital contributionits Capital Contribution. If the Company property remaining after the payment or discharge of liabilities of the Company's debts and liabilities Company is insufficient to return the cash contribution contributions of one or more membersMembers, such member or members no Member shall have no recourse against any other member or the BoardMember.
Appears in 2 contracts
Samples: Limited Liability Company Agreement (Laureate Ventures, Inc.), Limited Liability Company Agreement (Greatamerica Leasing Receivables 2000-1 LLC)
Return of Contribution Nonrecourse to Other Members. Except as provided by lawlaw or as expressly provided in this Agreement, upon dissolution, each member Member shall look solely to the assets of the Company for the return of the member's capital contributionits Capital Contribution. If the Company property Property remaining after the payment or discharge of the Company's debts and liabilities of the Company is insufficient to return the cash contribution Capital Contribution of one or more membersMembers, such member Member or members Members shall have no recourse against any other member or the BoardMember.
Appears in 2 contracts
Samples: Limited Liability Company Operating Agreement (Lightstone Real Estate Income Trust Inc.), Limited Liability Company Agreement (United Realty Trust Inc)
Return of Contribution Nonrecourse to Other Members. Except as provided by lawlaw or as expressly provided in this Agreement, upon dissolution, each member Member shall look solely to the assets of the Company for the return of the member's capital contributionits Capital Contribution. If the Company property remaining after the payment or discharge of the Company's debts and liabilities of the Company is insufficient to return the cash contribution of one or more membersMembers, such member Member or members Members shall have no recourse against any other member Member or the BoardManager.
Appears in 1 contract
Samples: Limited Liability Company Operating Agreement (Nelnet Inc)
Return of Contribution Nonrecourse to Other Members. Except as provided by lawLaw and Section 12.6, upon dissolution, each member shall Member will look solely to the assets of the Company for the return of the member's capital contributionMember’s Capital Contribution. If the Company property remaining after the payment or discharge of the Company's debts and liabilities of the Company is insufficient to return the cash contribution Capital Contribution of one or more membersany Members, such member or members shall Member will have no recourse against any other member or the BoardMember except as set forth in Section 12.6.
Appears in 1 contract
Samples: Limited Liability Company Agreement
Return of Contribution Nonrecourse to Other Members. Except as provided by law, upon dissolution, each member shall Member will look solely to the assets of the Company for the return of the memberMember's capital contributionCapital Contribution. If the Company property remaining after the payment or discharge of the Company's debts and liabilities of the Company is insufficient to return the cash contribution of one or more membersany Members, such member or members shall Member will have no recourse against any other member or the BoardMember.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Colony Resorts LVH Acquisitions LLC)
Return of Contribution Nonrecourse to Other Members. Except as --------------------------------------------------- provided by lawlaw or as expressly provided in this Agreement, upon dissolution, each member Member shall look solely to the assets Assets of the Company for the return of the member's capital contributionits Capital Contributions. If the Company property remaining after the payment or discharge of the Company's debts and liabilities of the Company is insufficient to return the cash contribution Capital Contributions of one or more membersMembers, such member Member or members Members shall have no recourse against any other member or the BoardMember, except as otherwise provided by law.
Appears in 1 contract
Samples: Operating Agreement (Onepoint Communications Corp /De)
Return of Contribution Nonrecourse to Other Members. Except as provided by lawlaw or as expressly provided in this Agreement, upon dissolution, each member Member shall look solely to the assets of the Company for the return of the member's its capital contributioncontributions. If the Company property remaining after the payment or discharge of the Company's debts and liabilities of the Company is insufficient to return the cash contribution capital contributions of one or more membersMembers, such member Member or members Members shall have no recourse against any other member or the BoardMember. SECTION IX MISCELLANEOUS 9.01.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Jamestown Invest 1, LLC)
Return of Contribution Nonrecourse to Other Members. Except as provided by lawlaw or as expressly provided in this Agreement, upon dissolution, each member Member shall look solely to the assets of the Company for the return of the member's capital contributionhis, her or its Capital Contribution. If the Company property remaining after the payment or discharge of the Company's debts and liabilities of the Company is insufficient to return the cash contribution Capital Contributions of one or more membersall of the Members, such member or members no Member shall have no recourse against any other member or the BoardMember, except as otherwise provided by law.
Appears in 1 contract
Samples: Limited Liability Company Operating Agreement (Cig Wireless Corp.)
Return of Contribution Nonrecourse to Other Members. Except as provided by lawLaw or as expressly provided in this Operating Agreement, upon dissolution, each member Member shall look solely to the assets of the Company for the return of the member's capital contributionits Capital Contribution. If the Company property remaining after the payment or discharge of the Company's debts and liabilities of the Company is insufficient to return the cash contribution of one or more membersMembers, such member Member or members Members shall have no recourse against any other member or the BoardMember, except as otherwise provided by law.
Appears in 1 contract
Samples: Regulations and Operating Agreement (Dynacq International Inc)
Return of Contribution Nonrecourse to Other Members. Except as ---------------------------------------------------- provided by lawlaw or as expressly provided in this Operating Agreement, upon dissolution, each member Member shall look solely to the assets of the Company for the return of the member's capital contributionits Capital Contribution. If the Company property remaining after the payment or discharge of the Company's debts and liabilities of the Company is insufficient to return the cash contribution of one or more membersMembers, such member Member or members Members shall have no recourse against any other member or the BoardMember.
Appears in 1 contract
Samples: Operating Agreement (Universe2u Inc)
Return of Contribution Nonrecourse to Other Members. Except as provided by law, upon dissolution, each member Each Member shall look solely to the assets of the Company for the return of the member's Member’s capital contribution. contribution If the Company property remaining after the payment or discharge of the Company's debts and liabilities of the Company is insufficient to return the cash capital contribution of one or more membersMembers, then such member Member or members Members shall have no recourse against any other member Member or the Boardany Manager.
Appears in 1 contract
Return of Contribution Nonrecourse to Other Members. Except as provided by lawlaw or as expressly provided in this Agreement, upon dissolution, each member Member shall look solely to the assets of the Company for the return of the member's capital contributionits Capital Contribution. If the Company property remaining after the payment or discharge of the Company's debts and liabilities of the Company is insufficient to return the cash contribution Capital Contribution of one or more membersMembers, such member Member or members Members shall have no recourse against any other member or the BoardMember.
Appears in 1 contract
Samples: Operating Agreement (Interstate Hotels & Resorts Inc)
Return of Contribution Nonrecourse to Other Members. Except as provided by lawlaw or as expressly provided in this Agreement, upon dissolution, each member Member shall look solely to the assets of the Company for the return of the member's capital contributionhis, her or its Capital Contribution. If the Company property Property remaining after the payment or discharge of the Company's debts and liabilities of the Company is insufficient to return the cash contribution or Capital Account balance of one or more membersMembers, such member or members Members shall have no recourse against any other member or the BoardMember.
Appears in 1 contract
Return of Contribution Nonrecourse to Other Members. Except as provided by lawlaw or as expressly provided in this Operating Agreement, upon dissolution, each member Member shall look solely to the assets of the Company for the return of the member's capital its Capital contribution. If the Company property remaining after the payment or discharge of the Company's debts and liabilities of the Company is insufficient to return the cash contribution of one or more membersMembers, such member Member or members Members shall have no recourse against any other member or the BoardMember, except as otherwise provided by law.
Appears in 1 contract
Samples: Operating Agreement
Return of Contribution Nonrecourse to Other Members. Except as provided by lawlaw or as expressly provided in this LLC Agreement, upon dissolution, each member Member shall look solely to the assets of the Company for the return of the member's capital contributionits Capital Contribution. If the Company property remaining after the payment or discharge of the Company's debts and liabilities of the Company is insufficient to return the cash contribution of one or more membersMembers, such member Member or members Members shall have no recourse against any other member or the Board.Member. ARTICLE XV
Appears in 1 contract
Return of Contribution Nonrecourse to Other Members. Except as provided by lawlaw or as expressly provided in this Agreement, upon dissolution, each member Member shall look solely to the assets of the Company for the return of the member's capital contributionits Capital Contribution. If the Company property remaining after the payment or discharge of the Company's debts and liabilities of the Company is insufficient to return the cash contribution Capital Contribution of one or more membersMembers, such member Member or members Members shall have no recourse against any other member or the BoardMember, except as otherwise provided by law.
Appears in 1 contract
Samples: Limited Liability Company Agreement
Return of Contribution Nonrecourse to Other Members. Except as provided by lawlaw or as expressly provided in this LLC Agreement, upon dissolution, each member Member shall look solely to the assets of the Company for the return of the member's capital contributionhis or her Capital Contribution. If the Company property remaining after the payment or discharge of the Company's debts and liabilities of the Company is insufficient to return the cash contribution Capital Contribution of one or more membersMembers, such member Member or members Members shall have no recourse against any other member or the BoardMember.
Appears in 1 contract
Return of Contribution Nonrecourse to Other Members. Except as provided by lawlaw or as expressly provided in this LLC Agreement, upon dissolution, each member Member shall look solely to the assets of the Company for the return of the member's capital contributionits Capital Contribution. If the Company property remaining after the payment or discharge of the Company's debts and liabilities of the Company is insufficient to return the cash contribution of one or more membersMembers, such member Member or members Members shall have no recourse against any other member or the BoardMember.
Appears in 1 contract
Return of Contribution Nonrecourse to Other Members. Except as provided by lawlaw or as expressly provided in this Agreement, upon dissolutiondissolution of the Company, each member Member shall look solely to the assets of the Company for the return of the member's capital contributionits Capital Contribution. If the property of the Company property remaining after the payment or discharge of the Company's debts and liabilities of the Company is insufficient to return the cash contribution Capital Contribution of one or more membersMembers, such member Member or members Members shall have no recourse against any other member or the BoardMember.
Appears in 1 contract
Samples: Limited Liability Company Agreement (MN8 Energy, Inc.)
Return of Contribution Nonrecourse to Other Members. Except as provided by law, upon dissolution, each member Each Member shall look solely to the assets of the Company for the return of the member's Member’s capital contribution. If the Company property remaining after the payment or discharge of the Company's debts and liabilities of the Company is insufficient to return the cash capital contribution of one or more membersMembers, then such member Member or members Members shall have no recourse against any other member Member or the Boardany Manager.
Appears in 1 contract
Return of Contribution Nonrecourse to Other Members. Except as provided by lawlaw or as expressly provided in this Operating Agreement, upon dissolution, each member Member shall look solely to the assets of the Company for the return of the member's capital contributionits Capital Contribution. If the Company property remaining after the payment or discharge of the Company's debts and liabilities of the Company is insufficient to return the cash contribution of one or more membersMembers, such member or members the Members shall have no recourse against any other member or the Board.Member. ARTICLE XIII Deadlock 13.01
Appears in 1 contract
Samples: Operating Agreement
Return of Contribution Nonrecourse to Other Members. Except as provided by lawlaw or as expressly provided in this Operating Agreement, upon dissolution, each member Member shall look solely to the assets of the Company for the return of the member's capital contributionits Capital Contribution. If the Company property remaining after the payment or discharge of the Company's debts and liabilities of the Company is insufficient to return the cash contribution contributions of one or more membersMembers, such member or members the Members shall have no recourse against any other member or the BoardMember.
Appears in 1 contract
Return of Contribution Nonrecourse to Other Members. Except as provided by lawlaw or as expressly provided in this Operating Agreement, upon dissolution, each member Member shall look solely to the assets of the Company for the return of the member's capital contributionits Capital Contributions. If the Company property remaining after the payment or discharge of the Company's debts and liabilities of the Company is insufficient to return the cash contribution of one or more membersMembers, such member or members the Members shall have no recourse against any other member or the BoardMember.
Appears in 1 contract
Return of Contribution Nonrecourse to Other Members. Except as provided by lawlaw or as expressly provided in this Agreement, upon dissolution, each member Member shall look solely to the assets of the Company for the return of the member's capital contributionits Capital Contribution. If the Company property remaining after the payment or discharge of the Company's debts and liabilities distribution provided in Section 13.2 is insufficient to return the cash contribution Capital Contribution of one or more membersMembers, such member Member or members Members shall have no recourse against any other member Member, Manager or the BoardOfficer.
Appears in 1 contract
Samples: Securities Purchase Agreement (Australian Agriculture & Property Development CORP)
Return of Contribution Nonrecourse to Other Members. Except as provided by lawlaw or as expressly provided in this Agreement, upon dissolution, each member Member shall look solely to the assets of the Company for the return of the member's capital contributionsuch Member’s Capital Contribution. If the Company property Property remaining after the payment or discharge of the Company's debts and liabilities of the Company is insufficient to return the cash contribution Capital Contribution of one or more membersMembers, such member or members the Members shall have no recourse against any other member or the BoardMember.
Appears in 1 contract
Samples: Preferred Unit Purchase Agreement (Elandia International Inc.)
Return of Contribution Nonrecourse to Other Members. Except as provided by lawlaw or as expressly provided in this Agreement, upon dissolution, dissolution of the Company each member Unitholder shall look solely to the assets of the Company for the return of the member's capital contributionsuch Unitholder’s Capital Contribution. If the Company property remaining after the payment or discharge of liabilities of the Company's debts and liabilities Company is insufficient to return the cash contribution Capital Contributions of one or more membersMembers, such member or members shall no Unitholder will have no recourse against any other member or Unitholder so long as the Boardassets of the Company have been distributed in accordance with this Section 13.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Zabala Farms Group, LLC)
Return of Contribution Nonrecourse to Other Members. Except as provided by law, upon dissolution, each member Member shall look solely to the assets of the Company for the return of the member's capital contributionits Capital Contribution. If the Company property remaining after the payment or discharge of the Company's debts and liabilities of the Company is insufficient to return the cash contribution of one or more membersMembers, such member Member or members Members shall have no recourse against any other member or the BoardMember.
Appears in 1 contract
Samples: Operating Agreement (Behringer Harvard Opportunity REIT II, Inc.)
Return of Contribution Nonrecourse to Other Members. Except as provided by lawOperating Agreement, upon dissolution, each member Member shall look solely to the assets of the Company for the return of the member's capital contributionits Capital Contribution. If the Company property remaining after the payment or discharge of the Company's debts and liabilities of the Company is insufficient to return the cash contribution of one or more membersMembers, such member Member or members Members shall have no recourse against any other member or the BoardMember.
Appears in 1 contract
Return of Contribution Nonrecourse to Other Members. Except as provided by lawlaw or as expressly provided in this Agreement, upon dissolution, each member Member shall look solely to the assets of the Company Assets for the return of the member's capital contributionsuch Member’s Capital Contribution. If the Company property remaining after the payment or discharge of the Company's debts and liabilities distribution provided in Section 11.2(b)(2) is insufficient to return the cash contribution Capital Contribution of one or more membersMembers, such member Member or members Members shall have no recourse against the Company or any other member or the BoardMember.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Ashford Hospitality Trust Inc)
Return of Contribution Nonrecourse to Other Members. Except as provided by law, upon dissolution, each member Member shall look solely to the assets of the Company for the return of the memberMember's capital contributionCapital Contributions. If the Company property remaining after the payment or discharge of the Company's debts and liabilities of the Company is insufficient insuf?cient to return the cash or other property contribution of one or more membersMembers, such member Member or members Members shall have no recourse against the Board or any other member or the BoardMember.
Appears in 1 contract
Return of Contribution Nonrecourse to Other Members. Except as provided by lawlaw or as expressly provided in this Agreement, upon dissolution, each member Member shall look solely to the assets of the Company for the return of the member's capital contributionits Capital Contribution. If the Company property Property remaining after the payment or discharge of the Company's debts and liabilities of the Company is insufficient to return the cash contribution or Capital Account balance of one or more membersMembers, such member or members Members shall have no recourse against any other member or the BoardMember.
Appears in 1 contract
Return of Contribution Nonrecourse to Other Members. Except as provided by lawlaw or as expressly provided in this Agreement, upon dissolution, each member Member shall look solely to the assets of the Company for the return of the member's capital contributionhis or its Capital Contribution. If the Company property remaining after the payment or discharge of the Company's debts and liabilities distribution provided in Section 15.2 is insufficient to return the cash contribution Capital Contribution of one or more membersMembers, such member Member or members Members shall have no recourse against the Company or any other member or the BoardMember.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Allegheny Energy Inc)
Return of Contribution Nonrecourse to Other Members. Except as provided by lawlaw or as expressly provided in this Agreement, upon dissolution, dissolution each member Unit Holder shall look solely to the assets of the Company for the return of the member's capital contributionits Capital Contribution. If the Company property remaining after the payment or discharge of the Company's debts and Company liabilities is insufficient to return the cash contribution of one or more membersMembers contributions, such member or members no Unit Holder shall have no recourse against any other member or the BoardUnit Holder.
Appears in 1 contract
Samples: Limited Liability Company Agreement
Return of Contribution Nonrecourse to Other Members. Except as provided by lawlaw or as expressly provided in this Agreement, upon dissolution, each member Member shall look solely to the assets of the Company for the return of the member's capital contributionits Capital Contribution. If the Company property remaining after the payment or discharge of the Company's debts and liabilities of the Company is insufficient to return the cash contribution Capital Contributions of one or more membersMembers, such member Member or members Members shall have no recourse against any other member Member, except as otherwise provided herein or the Boardby applicable law.
Appears in 1 contract
Samples: Limited Liability Company Agreement (DCT Chino LLC)
Return of Contribution Nonrecourse to Other Members. Except as provided by lawlaw or as expressly provided in this Agreement, upon dissolution, each member Member shall look solely to the assets of the Company for the return of the member's capital contributionits Capital Contribution or any other Distributions. If the Company property Property remaining after the payment or discharge of the Company's debts and liabilities of the Company is insufficient to return the cash contribution of one or more membersMembers, such member or members Members shall have no recourse against any other member Member or the Board.
Appears in 1 contract
Samples: Operating Agreement (Agrify Corp)
Return of Contribution Nonrecourse to Other Members. Except as provided by lawlaw or as expressly provided in this Agreement, upon dissolutiontermination, each member Member shall look solely to the assets of the Company for the return of the member's capital contributionits Capital Contribution. If the Company property remaining after the payment or discharge of the Company's debts and liabilities of the Company is insufficient to return the cash contribution of one or more membersMembers, such member Member or members Members shall have no recourse against any other member or the BoardMember, except as otherwise provided by law.
Appears in 1 contract
Return of Contribution Nonrecourse to Other Members. Except as provided by lawlaw or as expressly provided in this Agreement, upon dissolution, each member Member shall look solely to the assets of the Company for the return of the member's capital contributionits Capital Contribution. If the Company property remaining after the payment or discharge of liabilities of the Company's debts and liabilities Company is insufficient to return the cash contribution contributions of one or more membersMembers, such member or members no Member shall have no recourse against any other member or the BoardMember.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Emeritus Corp\wa\)
Return of Contribution Nonrecourse to Other Members. Except as --------------------------------------------------- provided by lawlaw or as expressly provided in this operating Agreement, upon dissolution, each member Member shall look solely to the assets of the Company for the return of the member's capital contributionits Capital Contribution. If the Company property remaining after the payment or discharge of the Company's debts and liabilities of the Company is insufficient to return the cash contribution of one or more membersMembers, such member Member or members Members shall have no recourse against any other member or the BoardMember.
Appears in 1 contract
Samples: Operating Agreement (Raceland Truck Plaza & Casino LLC)
Return of Contribution Nonrecourse to Other Members. Except as provided by lawlaw or as expressly provided in this LLC Agreement, upon dissolution, each member Member and other Unit owner shall look solely to the assets of the Company for the return of the member's capital contributionits Capital Contributions. If the Company property assets remaining after the payment or discharge of the Company's debts and liabilities is of the Company are insufficient to return the cash contribution Capital Contributions of one or more membersthe Members and other Unit owners, such member or members the Members and other Unit owners shall have no recourse against any other member Member or the Boardother Unit owner.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Great Plains Energy Inc)
Return of Contribution Nonrecourse to Other Members. Except as provided by lawlaw or as expressly provided in this Operating Agreement, upon dissolution, each member Member shall look solely to the assets of the Company for the return of the member's capital contributionits positive Capital Account. If the Company Company's property remaining after the payment or discharge of the Company's debts and liabilities of the Company is insufficient to return the cash contribution of one or more membersany Member, such member or members Member shall have no recourse against any other member or the BoardMember.
Appears in 1 contract
Return of Contribution Nonrecourse to Other Members. Except as provided by law, upon dissolution, each member Each Member shall look solely to the assets of the Company for the return of the memberMember's capital contribution. If the Company property remaining after the payment or discharge of the Company's debts and liabilities of the Company is insufficient to return the cash capital contribution of one or more membersMembers, then such member Member or members Members shall have no recourse against any other member Member or the Boardany Manager.
Appears in 1 contract
Samples: Operating Agreement (Cott Corp /Cn/)
Return of Contribution Nonrecourse to Other Members. Except as provided by lawlaw or as expressly provided in this Agreement, upon dissolution, each member Member shall look solely to the assets of the Company for the return of the member's capital contributionits Capital Contribution. If the Company property remaining after the payment or discharge of the Company's debts and liabilities of the Company is insufficient to return the cash contribution of one or more membersMembers, such member or members the Members shall have no recourse against any other member or the BoardMember.
Appears in 1 contract
Samples: Limited Liability Company Operating Agreement (New Gaming Capital Partnership)
Return of Contribution Nonrecourse to Other Members. Except as provided by law--------------------------------------------------- law or as expressly provided in this Agreement, upon dissolution, each member Member shall look solely to the assets of the Company for the return of the membersuch Member's capital contributionCapital Contribution. If the Company property Property remaining after the payment or discharge of the Company's debts and liabilities of the Company is insufficient to return the cash contribution Capital Contribution of one or more membersMembers, such member or members the Members shall have no recourse against any other member or the BoardMember.
Appears in 1 contract
Return of Contribution Nonrecourse to Other Members. Except as provided by law, upon dissolution, each member shall look solely to the assets of the Company for the return of the member's ’s capital contribution. If the Company property remaining after the payment or discharge of the Company's ’s debts and liabilities is insufficient to return the cash contribution of one or more members, such member or members shall have no recourse against any other member or the Board.
Appears in 1 contract
Return of Contribution Nonrecourse to Other Members. Except as provided by law, or by separate agreement between the parties, upon dissolution, each member Member shall look solely to the assets of the Company for the return of the member's capital contributionits Capital Contribution. If the Company Company’s property remaining after the payment or discharge of the Company's debts and liabilities of the Company is insufficient to return the cash contribution of one or more membersMembers, such member or members Members shall have no recourse against any other member or the BoardMember, except as otherwise provided by law.
Appears in 1 contract
Return of Contribution Nonrecourse to Other Members. Except as provided by lawlaw or as expressly provided in this Operating Agreement, upon dissolution, each member Member shall look solely to the assets of the Company for the return of the member's capital contributionits Capital Contribution. If the Company property remaining after the payment or discharge of the Company's debts and liabilities of the Company is insufficient to return the cash contribution of one or more membersMembers, such member Member or members Members shall have no recourse against any other member or the Board.Member. OPERATING AGREEMENT OF BADLANDS LEASING, LLC, A NORTH DAKOTA LIMITED LIABILITY COMPANY
Appears in 1 contract
Samples: Operating Agreement (Nuverra Environmental Solutions, Inc.)
Return of Contribution Nonrecourse to Other Members. Except as provided by lawlaw or as expressly provided in this Operating Agreement, upon dissolution, each member Member shall look solely to the assets of the Company for the return of the member's capital contributionits Capital Contribution. If the Company property remaining after the payment or discharge of the Company's debts and liabilities of the Company is insufficient to return the cash contribution of one or more members, Member such member Member or members Members shall have no recourse against any other member or the BoardMember, except as otherwise provided by law.
Appears in 1 contract
Samples: Operating Agreement (JFC LLC)
Return of Contribution Nonrecourse to Other Members. Except as provided by lawlaw or as expressly provided in this Agreement, upon dissolution, dissolution each member Member shall look solely to the assets of the Company properties for the return of the member's capital contributionits Capital Contribution. If the Company property remaining after the payment or discharge of liabilities of the Company's debts and liabilities Company is insufficient to return the cash contribution Capital Contributions of one or more membersthe Members, such member or members no Member shall have no recourse against any other member or the BoardMember.
Appears in 1 contract
Samples: Limited Liability Company Agreement
Return of Contribution Nonrecourse to Other Members. Except as provided by law, upon dissolution, each member shall Member will look solely to the assets of the Company for the return of the memberMember's capital contributionCapital Contribution. If the Company property remaining after the payment or discharge of the Company's debts and liabilities of the Company is insufficient to return the cash contribution of one or more membersany Members, such member or members shall Member will have no recourse against any other member or the BoardMember. ARTICLE XI.
Appears in 1 contract
Samples: Operating Agreement (Ev3 Inc.)
Return of Contribution Nonrecourse to Other Members. Except as provided by lawlaw or as expressly provided in this Agreement, upon dissolution, each member Member shall look solely to the assets of the Company for the return of the member's capital contributionits Capital Contribution. If the Company property remaining after the payment or discharge of the Company's debts and liabilities of the Company is insufficient to return the cash contribution Capital Contribution of one or more membersMembers, such member or members Member shall have no recourse against any other member or the BoardMember, except as otherwise provided by law.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Grant Park Futures Fund Limited Partnership)
