Common use of No Obligation to Restore Deficit Balance Clause in Contracts

No Obligation to Restore Deficit Balance. Except as required by law or by Section 8.3 or 8.4, no Member shall be required to restore any deficit balance in its Capital Account.

Appears in 43 contracts

Samples: Limited Liability Company Operating Agreement (Rousselot Dubuque Inc.), Limited Liability Company Operating Agreement (Town Sports International Inc), Company Operating Agreement (Town Sports International Inc)

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No Obligation to Restore Deficit Balance. Except as required by law or by Section 8.3 or 8.4law, no Member shall be required to restore any deficit balance in its Capital Account.

Appears in 6 contracts

Samples: Limited Liability Company Operating Agreement, www.sullivanida.com, Limited Liability Company Operating Agreement (Nyfix Inc)

No Obligation to Restore Deficit Balance. Except as required by law or by Section 8.3 or 8.4, no No Member shall be required to restore any deficit balance in its Capital Account.

Appears in 4 contracts

Samples: Operating Agreement (Residential Funding Mortgage Securities Ii Inc), Operating Agreement (Residential Funding Mortgage Securities Ii Inc), Operating Agreement (Sokol David L)

No Obligation to Restore Deficit Balance. Except as required by law or by Section 8.3 or 8.4as otherwise provided in this Agreement, no Member shall will be required to restore any deficit balance in its Capital Account.

Appears in 3 contracts

Samples: Liability Company Agreement, Execution Copy (Polo Ralph Lauren Corp), Limited Liability Company Agreement (Valuevision International Inc)

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No Obligation to Restore Deficit Balance. Except as required by law or by Section 8.3 or 8.4law, no Member shall be required to restore any deficit balance in its Capital Accountcapital account.

Appears in 1 contract

Samples: Share Purchase Agreement (FXCM Inc.)

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