In-Kind Distribution. Assets of the Company (other than cash) shall not be distributed in kind to the Members without the prior written approval of the Members.
Appears in 16 contracts
Sources: Limited Liability Company Agreement (Tejon Ranch Co), Limited Liability Company Agreement (Tejon Ranch Co), Limited Liability Company Agreement (Tejon Ranch Co)
In-Kind Distribution. Assets Except as otherwise expressly provided herein, assets of the Company (Company, other than cash) , shall not be distributed distributed, in kind kind, to the Members Members, without the prior written approval of the MembersManager.
Appears in 8 contracts
Sources: Operating Agreement (ILS Fixed Horizon LLC), Operating Agreement (ILS Fixed Horizon LLC), Operating Agreement (Rockstar Capital Group, LLC)
In-Kind Distribution. Assets of the Company (other than cash) shall not be distributed in kind to the Members without the prior written approval of the MembersManager.
Appears in 1 contract
In-Kind Distribution. Assets of the Company (other than cash) shall not be distributed in kind to the Members without the prior written approval of the MembersBoard of Directors.
Appears in 1 contract
Sources: Operating Agreement (Harrington West Financial Group Inc/Ca)
In-Kind Distribution. Assets Subject to Article VII, assets of the Company (other than cash) shall not be distributed in kind to the Members without the prior written approval of all of the Members.
Appears in 1 contract
Sources: Limited Liability Company Agreement (Five Point Holdings, LLC)