1.4 KiB
Capital Contributions and Finance
Capital Contribution
No Member shall have any obligation to make any Capital Contribution. Company members, in their sole and absolute discretion, may at any time elect to fund or not fund further Capital Contributions with respect to the Company or any Investment, Investment Entity, without any liability whatsoever to the Company or any Member, even if such failure to contribute results in the loss of any opportunity or the forfeiture of any Investment or interest in any Investment Entity, or results in any other penalty or liability.
Return of Contributions
Except as expressly provided herein, no Member shall be entitled to the return of any part of its Capital Contributions, to be paid interest in respect of either its Capital Account or any Capital Contribution made by it or paid for the fair market value of its Membership Interest upon withdrawal or otherwise.
Unrepaid Capital Contributions shall not be a liability of the Company, or of any Member.
No Member shall be required to contribute or lend any cash or property to the Company to enable the Company to return any Member's Capital Contributions.
Member Guaranties
No Member shall undertake to guarantee or otherwise become liable for any obligation of the Company, or any Investment Entity.
Investments
Investments. All Investments by the Company shall be made on such terms and conditions as the Board Of Directors and Members may determine.