Common use of Other Rules Governing Distributions Clause in Contracts

Other Rules Governing Distributions. No distribution prohibited by 6 Del. C. §18-607 or not specifically authorized under this Agreement shall be made by the Company to any Member in his or its capacity as a Member. A Member who receives a distribution prohibited by 6 Del. C. §18-607 shall be liable as provided therein.

Appears in 31 contracts

Sources: Limited Liability Company Agreement, Limited Liability Company Agreement (Multi-Housing Income REIT, LLC), Limited Liability Company Agreement (Energea Portfolio 5 LATAM LP)

Other Rules Governing Distributions. No distribution prohibited by 6 Del. C. §1817-607 607, 6 Del. C. § 17-804 or not specifically authorized under this Agreement shall be made by the Company to any Member Partner in his or its capacity as a MemberPartner. A Member Partner who receives a distribution prohibited by 6 Del. C. §18§ 17-607 or 6 Del. C. § 17-804 shall be liable as provided therein.

Appears in 5 contracts

Sources: Limited Partnership Agreement (Energea Portfolio 5 LATAM LP), Limited Partnership Agreement (Energea Portfolio 4 USA LP), Limited Partnership Agreement (Energea Portfolio 3 Africa LP)

Other Rules Governing Distributions. No distribution prohibited by 6 Del. C. §18-607 or not specifically authorized under this Agreement shall be made by the Company to any Member in his or its capacity as a Member. A Member who receives a distribution prohibited by 6 Del. C. §18-607 shall be liable as provided therein.. P a g e | 5

Appears in 3 contracts

Sources: Limited Liability Company Agreement (Energea Portfolio 1 LLC), Limited Liability Company Agreement (Energea Portfolio 1 LLC), Limited Liability Company Agreement (Energea Portfolio 2 LLC)

Other Rules Governing Distributions. No distribution prohibited by 6 Del. C. §18-18- 607 or not specifically authorized under this Agreement shall be made by the Company to any Member in his or its capacity as a Member. A Member who receives a distribution prohibited by 6 Del. C. §18-607 shall be liable as provided therein.

Appears in 2 contracts

Sources: Limited Liability Company Agreement, Limited Liability Company Agreement

Other Rules Governing Distributions. No distribution distributions prohibited by 6 Del. C. §18-607 or not specifically authorized under this Agreement shall be made by the Company to any Member in his his, her or its capacity as a Member. A Member who receives a distribution prohibited by 6 6. Del. C. §18-607 shall be liable as provided therein.

Appears in 2 contracts

Sources: Limited Liability Company Agreement (Concreit Fund I LLC), Limited Liability Company Agreement (Concreit Fund I LLC)

Other Rules Governing Distributions. No distribution prohibited by 6 Del. C. A.R.S. §1829-607 3405 or not specifically authorized under this Agreement shall be made by the Company to any Member in his or its capacity as a Member. A Member who receives a distribution prohibited by 6 Del. C. A.R.S. §1829-607 3405 shall be liable as provided thereinin A.R.S. §29-3406.

Appears in 1 contract

Sources: Operating Agreement

Other Rules Governing Distributions. No distribution prohibited by 6 Del. C. §18-607 or not specifically authorized under this Agreement shall be made by the Company to any Member in his or its capacity as a Member. A Member who receives a distribution prohibited by 6 Del. C. §18-607 shall be liable as provided therein.. P a g e | 6

Appears in 1 contract

Sources: Limited Liability Company Agreement (Mysk Orlando Growth Fund LLC)

Other Rules Governing Distributions. No distribution prohibited by 6 Del. C. §18-§18- 607 or not specifically authorized under this Agreement shall be made by the Company to any Member in his or its capacity as a Member. A Member who receives a distribution prohibited by 6 Del. C. §18§18-607 shall be liable as provided therein.

Appears in 1 contract

Sources: Limited Liability Company Agreement