Products
Standard Templates
Public Contracts
Resources
About
Pricing
  • Home
  • Clauses
  • Prohibited Distributions
  • Snippet group

Common use of Prohibited Distributions Clause in Contracts

Prohibited Distributions. No cash or property shall be distributed to a Member to the extent that the Distribution is prohibited by Section 18-607 of the Act.

Appears in 4 contracts

Sources: Membership Interest Purchase Agreement (Nutracea), Limited Liability Company Agreement (Nutracea), Limited Liability Company Agreement (RiceBran Technologies)

Related Clauses

  • Restricted Distributions
  • Qualified Distributions
  • Prohibited Payments
  • Required Distributions
  • Residual Distributions

Parent Clauses

  • Distributions
  • Defaults
  • Construction of Improvements General Covenants
  • General Covenants
  • Continuation of Partnership Agreement

Sub-Clauses

  • Majority Matters
  • Composition of the Steering Committee
  • Telephonic Meetings
  • Quorum
  • Frequency
Law Insider

Tools to Draft Better Contracts

  • About Us
  • Plans & Pricing
  • Email Sales
  • Support

Contract Standards

  • Standards Hub
  • oneNDA Template
  • oneSaaS Template
  • oneDPA Template

Law Insider Community

  • Join Community

Public Contracts

  • Search
  • Contracts
  • Clauses
  • Dictionary
  • Languages
All contents of the lawinsider.com excluding publicly sourced documents are Copyright © 2013-2025 Law Insider Inc. All rights reserved. Terms of Service • Privacy Policy
Help Ukraine 🇺🇦