Common use of Distribution Fees Clause in Contracts

Distribution Fees. (a) A Member may be charged a distribution fee when a Distributor is used to sell such Member’s Interest in the amount and as set forth in the Prospectus.

Appears in 24 contracts

Samples: Limited Liability Company Agreement (PNC Alternative Strategies Fund LLC), Limited Liability Company Agreement (PNC Alternative Strategies Fund LLC), Limited Liability Company Agreement (PNC Long-Short TEDI Fund LLC)

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Distribution Fees. (a) A Member may be charged a distribution fee when a Distributor Placement Agent is used to sell such Member’s 's Interest in the amount and as set forth in the ProspectusMemorandum.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Growth Capital Portfolio, LLC)

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Distribution Fees. (a) A Member may be charged a distribution fee when a Distributor Placement Agent is used to sell such Member’s Interest in the amount and as set forth fully disclosed in the ProspectusMemorandum.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Growth Capital TEI Portfolio, LLC)

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