Limitations on Payments Made in Dissolution. Except as otherwise specifically provided in this Agreement, each Member shall only be entitled to look solely at the assets of the Company for the return of his/her/its positive Capital Account balance and shall have no recourse for his/her/its Capital Contributions and/or share of Profits (upon dissolution or otherwise) against the Managers or any other Member except as provided in Article 7.
Appears in 3 contracts
Samples: Operating Agreement (Excel Legacy Corp), Operating Agreement (Excel Legacy Corp), Operating Agreement (Excel Legacy Corp)
Limitations on Payments Made in Dissolution. Except as otherwise ------------------------------------------- specifically provided in this Agreement, each Member shall only be entitled to look solely at the assets of the Company for the return of his/her/its positive Capital Account balance and shall have no recourse for his/her/its such Member's Capital Contributions Contribution and/or share of Net Profits (upon dissolution or otherwise) against the Managers Manager, officers, or any other Member except as provided in Article 7Member.
Appears in 2 contracts
Samples: Operating Agreement (Hollywood Park Fall Operating Co), Operating Agreement (Hollywood Park Inc/New/)
Limitations on Payments Made in Dissolution. Except as otherwise specifically provided in this Agreement, each Member shall only be entitled to look solely at the assets of the Company for the return of his/her/its his or her positive Capital Account balance and shall have no recourse for his/her/its his or her Capital Contributions Contribution and/or share of Profits (upon dissolution or otherwise) against the Managers Manager or any other Member except as provided in Article 7Member.
Appears in 2 contracts
Samples: Operating Agreement (Freedom Securities Corp /De/), Operating Agreement (Freedom Securities Corp /De/)
Limitations on Payments Made in Dissolution. Except as otherwise specifically provided in this Agreement, each Member shall only be entitled to look solely at only to the assets of the Company for the return of his/her/its that Member's positive Capital Account balance and shall have no recourse for his/her/its Capital Contributions and/or share of Net Profits (upon dissolution or otherwise) against the Managers or any other Member except as provided in Article 7Member.
Appears in 2 contracts
Samples: Operating Agreement (Cinema Ride Inc), Operating Agreement (Cinema Ride Inc)
Limitations on Payments Made in Dissolution. Except as otherwise specifically provided in this Agreement, each Member shall only be entitled to look solely at the assets of the Company for the return of his/her/its his positive Capital Account balance and shall have no recourse for his/her/its his Capital Contributions Contribution and/or share of Net Profits (upon dissolution or otherwise) against the Managers or any other Member except as provided in Article 7Member.
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Limitations on Payments Made in Dissolution. Except as otherwise specifically provided in this Agreement, each Member shall only be entitled to look solely at the assets of the Company for the return of his/her/its positive Capital Account balance and shall have no recourse for his/her/its such Member's Capital Contributions Contribution and/or share of Net Profits (upon dissolution or otherwise) against the Managers Manager, officers, or any other Member except as provided in Article 7Member.
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Limitations on Payments Made in Dissolution. Except as otherwise specifically provided in this Agreement, each the Sole Member shall only be entitled to look solely at to the 13 assets of the Company for the return of his/her/its positive Capital Account balance and shall have no recourse for his/her/its Capital Contributions Contribution and/or share of Profits net income (upon dissolution or otherwise) against any Manager or the Managers or any other Member except as provided in Article 7Management Committee.
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Samples: Limited Liability Company Agreement (Comed Funding LLC)
Limitations on Payments Made in Dissolution. Except as otherwise specifically provided in this Agreement, each Member shall only be entitled to look solely at the assets of the Company for the return of his/her/its his or her positive Capital Account balance and shall have no recourse for his/her/its his or her Capital Contributions Contribution and/or share of Profits (upon dissolution or otherwise) against the Managers or any other Member except as provided in Article 7.of
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Limitations on Payments Made in Dissolution. Except as otherwise specifically provided in this Agreement, each the Sole Member shall only be entitled to look solely at to the assets of the Company for the return of his/her/its positive Capital Account balance and shall have no recourse for his/her/its Capital Contributions Contribution and/or share of Profits net income (upon dissolution or otherwise) against any of the Managers Independent Manager or any other Member except as provided in Article 7the Management Committee.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Comed Funding LLC)
Limitations on Payments Made in Dissolution. Except as otherwise specifically provided in this Agreement, each Member the Members of the Company shall only be entitled to look solely at to the assets of the Company for the return of his/her/its positive Capital Account capital account balance and shall have no recourse for his/her/its Capital Contributions Contribution and/or share of Profits net income (upon dissolution or otherwise) against any Manager or the Managers or any other Member except as provided in Article 7Management Committee.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Illinois Power Securitization Limited Liability Co)
Limitations on Payments Made in Dissolution. Except as otherwise -------------------------------------------- specifically provided in this Agreement, each Member shall only be entitled to look solely at the assets of the Company for the return of his/her/its such Member=s positive Capital Account balance and shall have no recourse for his/her/its such Member=s Capital Contributions and/or Contribution or share of Net Profits (upon dissolution or otherwise) against the Managers Manager or any other Member except as provided in Article 710.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Point West Capital Corp)
Limitations on Payments Made in Dissolution. Except as otherwise specifically provided in this Agreement, each Member shall only be entitled to look solely at the assets of the Company for the return of his/her/its positive Capital Account balance and shall have no recourse for his/her/its Capital Contributions capital contribution and/or share of Net Profits (upon dissolution or otherwise) against the Managers or any other Member except as provided in Article 7Member.
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Limitations on Payments Made in Dissolution. Except as otherwise specifically provided in this Agreement, each Member the Members of the Company shall only be entitled to look solely at to the assets of the Company for the return of his/her/its positive Capital Account capital account balance and shall have no recourse for his/her/its Capital Contributions Contribution and/or share of Profits net income (upon dissolution or otherwise) against any of the Managers Independent Manager or any other Member except as provided in Article 7the Management Committee.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Illinois Power Securitization Limited Liability Co)
Limitations on Payments Made in Dissolution. Except as otherwise specifically provided in this Agreement, each Member shall only be entitled to look solely at the assets of the Company for the return of his/her/its the Member's positive Capital Account balance and shall have no recourse for his/her/its the Member's Capital Contributions Contribution and/or share of Profits Net Income (upon dissolution or otherwise) against the Managers Manager or any other Member except as provided in Article 7XIII.
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