Common use of Capital Account Restoration Clause in Contracts

Capital Account Restoration. No Member shall have any obligation to restore any negative balance in its Capital Account upon liquidation of the Company.

Appears in 80 contracts

Samples: Limited Liability Company Agreement (Linn Energy, LLC), Limited Liability Company Agreement (Och-Ziff Capital Management Group LLC), Limited Liability Company Agreement (Penn Virginia Resource Partners L P)

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Capital Account Restoration. No Member shall have any obligation to restore any negative balance in its Capital Account upon liquidation of the Company.. ARTICLE XI

Appears in 4 contracts

Samples: Limited Liability Company Agreement (Copano Energy, L.L.C.), Limited Liability Company Agreement (Copano Energy, L.L.C.), Copano Energy, L.L.C.

Capital Account Restoration. No Member Shareholder shall have any obligation to restore any negative balance in its Capital Account upon liquidation of the Company.

Appears in 3 contracts

Samples: Limited Liability Company Agreement (LIN Media LLC), Limited Liability Company Agreement (MDB Capital Holdings, LLC), Limited Liability Company Agreement (JMP Group LLC)

Capital Account Restoration. No Member shall have an obligation to the Company, any obligation other Member or any third party or creditor to restore any negative balance in its Capital Account upon a dissolution or other liquidation of the CompanyCompany in accordance with Article XII or otherwise.

Appears in 3 contracts

Samples: Limited Liability Company Agreement (CF Industries Holdings, Inc.), Limited Liability Company Agreement (CF Industries Holdings, Inc.), Limited Liability Company Agreement (CHS Inc)

Capital Account Restoration. No Member shall have any obligation to restore any negative balance in its Capital Account upon liquidation of the Company.. ARTICLE XIV

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Pacific Energy Partners Lp), U.S. Shipping Partners L.P.

Capital Account Restoration. No Member shall have any obligation to restore any negative balance in its Capital Account upon liquidation of the CompanyCompany or otherwise.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Beneficient), Limited Liability Company Agreement (Beneficient)

Capital Account Restoration. No Member shall have any obligation to restore any negative balance in its Capital Account upon liquidation of the Company.. ARTICLE XIII

Appears in 1 contract

Samples: U.S. Shipping Partners L.P.

Capital Account Restoration. No Member Shareholder shall have any obligation to restore any negative balance in its Capital Account upon liquidation or dissolution of the Company.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Global Indemnity Group, LLC)

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Capital Account Restoration. No Member shall will have any obligation to restore any negative balance in its Capital Account upon liquidation of the Company.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Swoosh, LLC)

Capital Account Restoration. No The Sole Member shall not have any obligation to restore any negative balance in its Capital Account upon liquidation of the Company.

Appears in 1 contract

Samples: Holly Energy Partners Lp

Capital Account Restoration. No Member shall have any obligation to restore any negative balance in its Capital Account with respect to any Series upon liquidation of the CompanyCompany or such Series. For the avoidance of any doubt, no Manager shall have any obligation to restore any negative balance inthe Capital Account of any Member.

Appears in 1 contract

Samples: Limited Liability Company Agreement

Capital Account Restoration. No Member shall have an obligation to the Company, any obligation other Member or any third party or creditor to restore any negative balance in its Capital Account upon a dissolution or other liquidation of the Company.Company in accordance with Article XII or otherwise. ARTICLE VII

Appears in 1 contract

Samples: CHS Inc

Capital Account Restoration. No Member shall have any obligation to restore any negative balance in its Capital Account upon liquidation of the Company.. ARTICLE X AMENDMENT OF AGREEMENT Section 10.1

Appears in 1 contract

Samples: Operating Agreement (Oaktree Capital Group, LLC)

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