Source of Distributions. No Member or other Related Party shall be personally liable for the return of the Capital Contributions of the other Member, or any portion thereof; it being hereby expressly acknowledged and confirmed by the Members that any such return shall be made solely from the Company's assets.
Appears in 2 contracts
Sources: Operating Agreement (News Communications Inc), Operating Agreement (Hollinger Nci Holdings LLC)
Source of Distributions. No Member Member, Manager or other Related Party shall (as defined in Section 11.1 of this Agreement) will be personally liable for the return of the Capital Contributions capital contributions of the any other Member, or any portion thereof; , it being hereby expressly acknowledged and confirmed by the Members understood that any such return shall will be made solely from the Company's assets.
Appears in 1 contract
Source of Distributions. No Member Member, Manager or other Related Party (as defined in Section 13.1 of this Agreement) shall be personally liable for the return of the Capital Contributions capital contributions of the any other Member, or any portion thereof; , it being hereby expressly acknowledged and confirmed by the Members understood that any such return shall be made solely from the Company's assets.
Appears in 1 contract
Sources: Operating Agreement (American Interactive Media Inc)