Distributions. (a) The Company, in the sole discretion of the Board, in the event there are Available Funds, may make distributions thereof (“Distributions”) to Members as set forth herein. “
Appears in 365 contracts
Samples: Limited Liability Company Operating Agreement (Masterworks 275, LLC), Limited Liability Company Operating Agreement (Masterworks 202, LLC), Limited Liability Company Operating Agreement (Masterworks 021, LLC)
Distributions. (a) The Company, in the sole discretion of the BoardManager, in the event there are Available Funds, may make distributions thereof (“Distributions”) to Members as set forth herein. “
Appears in 4 contracts
Samples: Limited Liability (Masterworks 001, LLC), Limited Liability (Masterworks 001, LLC), Limited Liability Company Operating Agreement (Masterworks 001, LLC)
Distributions. (a) The Company, in the sole discretion of the BoardBoard , in the event there are Available Funds, may make distributions thereof (“Distributions”) to Members as set forth herein. “
Appears in 2 contracts
Samples: Limited Liability (Masterworks 001, LLC), Limited Liability Company Operating Agreement (Masterworks 002, LLC)
Distributions. (a) The Company, in the sole discretion of the BoardManaging Member, in the event there are Available Funds, may make distributions thereof (“Distributions”) to Members as set forth herein. “
Appears in 1 contract
Samples: Limited Liability Company Operating Agreement (Muscle Maker, Inc.)
