Form of Distributions. 10.3.1 No Member, regardless of the nature of the Member’s Capital Contribution, has any right to demand and receive any distribution from the Company in any form other than money. No Member may be compelled to accept a distribution of any asset in kind.
Appears in 5 contracts
Samples: Operating Agreement (Brookwood Fenton Investments LLC), Operating Agreement (Brookwood Fenton Investments LLC), Operating Agreement (Real Street Build-to-Rent Fund I, LLC)
Form of Distributions. 10.3.1 No A Member, regardless of the nature of the Member’s Capital ContributionContributions, has any no right to demand and receive any distribution from the Company in any form other than money. No Member may be compelled to accept from the Company a distribution of any asset in kindkind in lieu of a proportionate distribution of money being made to other Members.
Appears in 5 contracts
Samples: Project Management Agreement (Pinnacle Entertainment Inc), Limited Liability Company Agreement (Charter Communications Inc /Mo/), Limited Liability Company Agreement (Time Warner Cable Information Services (Texas), LLC)
Form of Distributions. 10.3.1 No A Member, regardless of the nature of the Member’s 's Capital ContributionContributions, has any no right to demand and receive any distribution from the Company in any form other than money. No Member may be compelled to accept from the Company a distribution of any asset in kindkind in lieu of a proportionate distribution of money being made to other Members.
Appears in 5 contracts
Samples: Operating Agreement (Wynn Resorts LTD), Limited Liability Company Agreement (Charter Communications Inc /Mo/), Limited Liability Company Agreement (Charter Communications Inc /Mo/)
Form of Distributions. 10.3.1 No Member, regardless of the nature of the Member’s Capital Contribution, has any right to demand and receive any distribution from the Company in any form other than money. No Member may be compelled to accept from the Company a distribution of any asset in kind.
Appears in 3 contracts
Samples: Operating Agreement, Operating Agreement, Operating Agreement
Form of Distributions. 10.3.1 No Member, regardless of the nature of the Member’s Capital Contribution, A Member has any no right to demand and or receive any --------------------- distribution from the Company in any form other than moneycash. No Likewise, except in connection with the dissolution of the Company as provided herein, no Member may shall be compelled to accept from the Company a distribution of any asset in kind.
Appears in 2 contracts
Samples: Limited Liability Company Agreement (Reading Entertainment Inc), Limited Liability Company Agreement (Craig Corp)
Form of Distributions. 10.3.1 No A Member, regardless of the nature of the Member’s Capital ContributionContributions, has any no right to demand and receive any distribution from the Company in any form other than moneyCompany. No Member may be compelled to accept from the Company a distribution of any asset in kindkind in lieu of a proportionate distribution of money being made to other Members.
Appears in 2 contracts
Samples: Limited Liability Company Agreement (Wright Investors Service Holdings, Inc.), Limited Liability Company Agreement (Vinco Ventures, Inc.)
Form of Distributions. 10.3.1 No Member, regardless of the nature of the Member’s Capital Contribution, A Member has any no right to demand and or receive any distribution from the Company in any form other than moneycash. No Likewise, except in connection with the dissolution of the Company and as provided in Section 11.2.1 hereof, no Member may shall be compelled to accept from the Company a distribution of any asset in kind.
Appears in 2 contracts
Samples: Operating Agreement (Pacific Entertainment Corp), Operating Agreement (Cherokee International Finance Inc)
Form of Distributions. 10.3.1 No Member, regardless of the nature of the Member’s Capital Contribution, A Member has any no right to demand and or receive any --------------------- distribution from the Company in any form other than moneycash. No Likewise, except in connection with the dissolution of the Company as provided herein no Member may shall be compelled to accept from the Company a distribution of any asset in kind.
Appears in 1 contract
Form of Distributions. 10.3.1 No Member, regardless of the nature of the Member’s Capital Contribution, A Member has any no right to demand and or receive any distribution from the Company in any form other than moneycash. No Likewise, except in connection with the dissolution of the Company and as provided in Section 9.2.1, no Member may shall be compelled to accept from the Company a distribution of any asset in kind.
Appears in 1 contract
Samples: Caminus Corp
Form of Distributions. 10.3.1 No Member, regardless Regardless of the nature of the Member’s 's Capital ContributionContributions, a Member has any no right to demand and receive any distribution from the Company in any form other than money. No Member may be compelled to accept from the Company a distribution of any asset in kindkind in lieu of a proportionate distribution of money being made to other Members.
Appears in 1 contract
Form of Distributions. 10.3.1 No A Member, regardless of the nature of the Member’s Capital Contribution, has any no right to demand and receive any distribution from the Company in any form other than money. No Member may be compelled to accept from the Company a distribution of any asset in kind in lieu of a proportionate distribution of money being made to other Members. Except upon a dissolution and winding up of the Company, no Member may be compelled to accept a distribution of any asset in kind.
Appears in 1 contract
Samples: Operating Agreement
