Common use of Return of Distributions of Capital Clause in Contracts

Return of Distributions of Capital. The Member may, under certain circumstances, be required by law to return to the Company, for the benefit of the Company's creditors, amounts previously distributed. The Member shall be obligated by this Agreement to pay those distributions to or for the account of the Company or any creditor of the Company. Any payment returned to the Company by the Member or made directly by the Member to a creditor of the Company shall be deemed a Capital Contribution by the Member.

Return of Distributions of Capital. The A Member may, under certain circumstances, be required by law to return to the Company, Company for the benefit of the Company's creditors, amounts previously distributed. The No Member shall be obligated by this Agreement to pay those distributions to or for the account of the Company or any creditor of the Company. Any payment returned However, if any court of competent jurisdiction holds that, notwithstanding the provisions of this Agreement, any Member is obligated to the Company by the Member return or made directly by the Member to a creditor pay over any part of the Company those distributions, it shall be deemed a Capital Contribution by the obligation of such Member.. Any

Return of Distributions of Capital. The A Member may, under certain circumstances, be required by law to return to the Company, for the benefit of the Company's ’s creditors, amounts previously distributed. The Member Members shall be obligated by this Agreement to pay those distributions to or for the account of the Company or any creditor of the Company. Any payment returned to the Company by the a Member or made directly by the a Member to a creditor of the Company shall be deemed a Capital Contribution by the Member.