Common use of Distributions in Kind Clause in Contracts

Distributions in Kind. Except as provided by this Operating Agreement, a Member, regardless of the form of the Member’s Capital Contribution, may not demand or receive a distribution from this Company in any form other than cash.

Appears in 19 contracts

Samples: Operating Agreement (South Dakota Soybean Processors LLC), Operating Agreement (Northern Growers LLC), Operating Agreement

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Distributions in Kind. Except as may be provided by in this Operating Agreement or an amendment to this Agreement, a no Member, regardless of the form nature of the Member’s Capital Contributioncontribution to capital, may not demand or receive a distribution from this the Company in any form other than cashcash or cash equivalents.

Appears in 9 contracts

Samples: Asset Purchase Agreement (Armstrong Energy, Inc.), Operating Agreement (Armstrong Energy, Inc.), Operating Agreement (Armstrong Coal Company, Inc.)

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Distributions in Kind. Except as provided by this Operating Agreement, a Member, regardless of the form of the Member’s Capital Contribution, may not demand or receive a distribution from this Company in any form other than cash.

Appears in 2 contracts

Samples: Operating Agreement, Operating Agreement

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