Common use of Return of Distributions Clause in Contracts

Return of Distributions. In accordance with Section 18-607 of the Delaware Act, a Member will be obligated to return any distribution from the Company only as provided by applicable law.

Appears in 18 contracts

Sources: Limited Liability Company Agreement (LyondellBasell F&F Holdco, LLC), Limited Liability Company Agreement (LyondellBasell F&F Holdco, LLC), Limited Liability Company Agreement (Duncan Energy Partners L.P.)

Return of Distributions. In accordance with Section 18-607 of the Delaware Act, a The Member will be obligated to return any distribution from the Company only as provided to the extent, and during the period, such return is required by applicable lawSection 18-607 of the Delaware Act.

Appears in 15 contracts

Sources: Limited Liability Company Agreement (Mescalero Pipeline, LLC), Limited Liability Company Agreement (Carrizo Marcellus Holding Inc.), Limited Liability Company Agreement (Carrizo (Niobrara) LLC)

Return of Distributions. In accordance with Section 18-607 of the Delaware Act, a the Member will be obligated to return any distribution from the Company only as provided by applicable law.

Appears in 12 contracts

Sources: Limited Liability Company Agreement (Centerpoint Energy Houston Electric LLC), Limited Liability Company Agreement (SIGECO Securitization I, LLC), Limited Liability Company Agreement (Atmos Energy Kansas Securitization I, LLC)