Common use of Deficit Capital Accounts Clause in Contracts

Deficit Capital Accounts. If any Member has a deficit balance in its capital account (after giving effect to all contributions, distributions and allocations), such Member shall have no obligation to make any contribution to the capital of the Company with respect to such deficit, and such deficit shall not be considered a debt owed to the Company or to any other Person for any purpose whatsoever.

Deficit Capital Accounts. If any Member has a deficit balance in its capital account his Capital Account (after giving effect to all contributions, distributions and allocationsallocations for all Allocation Years, including the Allocation Year during which such liquidation occurs), such Member shall have no obligation to make any contribution to the capital of the Company with respect to such deficit, and such deficit shall not be considered a debt owed to the Company or to any other Person for any purpose whatsoever.

Deficit Capital Accounts. If any a Member has a deficit balance in its capital account (Capital Account after giving effect to all contributions, distributions distributions, and allocations)allocations for all taxable years, such including the year in which the liquidation occurs, the Member shall have no obligation to make any contribution to the capital of the Company with respect to such deficit, and such deficit shall not be considered a debt owed by such Member to the Company or to any other Person Person, for any purpose whatsoever.

Deficit Capital Accounts. If any Member Member's Capital Account has a deficit balance in its capital account (after giving effect to all contributions, distributions distributions, and allocationsallocations for all Fiscal Years, including the Fiscal Year during which such liquidation occurs), such Member shall have no obligation to make any contribution contribute to the capital of the Company with respect to such deficit, and such deficit shall not be considered a debt owed to the Company or to any other Person for any purpose purposes whatsoever.

Deficit Capital Accounts. If any a Member has a deficit balance in his or its capital account (Capital Account after giving effect to all contributions, distributions and allocations)allocations for all taxable years, such Member shall have no obligation to make any contribution to including the capital of year in which the Company with respect to such deficitliquidation occurs, and such deficit shall not be considered a debt owed by such Member to the Company or and such Member shall not be obligated to any other Person for any purpose whatsoevercontribute such amount to the Company to bring the Capital Account Balance of such Member’s Capital Account to zero (0).

Deficit Capital Accounts. If any Member has a deficit balance in its capital account (the Member’s Capital Account upon liquidation of the Company after giving effect to all contributions, distributions distributions, and allocations)allocations for all fiscal years, including the fiscal year in which liquidation occurs, such Member shall have no obligation to make any contribution to the capital of the Company with respect to such deficit, and such deficit shall not be considered a debt owed to the Company or to any other Person person for any purpose whatsoever.

Deficit Capital Accounts. If any Member has a deficit balance in its capital account Capital Account (after giving effect to all contributions, distributions distributions, and allocationsallocations for all taxable years, including the taxable year during which such liquidation occurs), such Member shall have no obligation to make any contribution to the capital of the Company with respect to such deficit, and such deficit shall not be considered a debt owed to the Company or to any other Person for any purpose whatsoever.

Deficit Capital Accounts. If if any Member has a deficit balance in its capital account Capital Account (after giving effect to all contributions, distributions and allocationsallocations for all taxable years, including the year during which such liquidation occurs), such Member shall will have no obligation to make any contribution to the capital of the Company with respect to such deficit, and such deficit shall will not be considered a debt owed to the Company or to any other Person for any purpose whatsoever.

Deficit Capital Accounts. If any Member has a deficit balance in its capital account (after giving effect to all contributions, distributions and allocationsallocations for all Fiscal Years, including the Fiscal Year during which the liquidation of the Company occurs), such Member shall have no obligation to make any contribution Capital Contribution to the capital of the Company with respect to such deficit, and such deficit shall not be considered a debt owed to the Company or to any other Person for any purpose whatsoever. However, any Member having a deficit balance in its capital account shall not be entitled to receive any distribution following liquidation until such deficit balance has been satisfied.

Deficit Capital Accounts. If any Member has a deficit balance in its capital account (after giving effect to all contributions, distributions and allocationsallocations for all allocation years, including the allocation year during which such liquidation occurs), such Member shall have no obligation to make any contribution to the capital of the Company with respect to such deficit, and such deficit shall not be considered a debt owed to the Company or to any other Person for any purpose whatsoever.