Deficit Restoration. Notwithstanding any other provision of this Agreement to the contrary, upon liquidation of a Member’s Interest in the Company (whether or not in connection with a liquidation of the Company), no Member shall have any liability to restore any deficit that its capital account would have had, had the Company maintained capital accounts.
Appears in 3 contracts
Sources: Operating Agreement (Station Casinos LLC), Limited Liability Company Agreement (Station Voteco LLC), Operating Agreement (Station Casinos LLC)