Common use of In-Kind Distribution Clause in Contracts

In-Kind Distribution. Assets of the Company (other than cash) shall not be distributed in kind to the Members without the prior written approval of the Members.

Appears in 16 contracts

Samples: Limited Liability Company Agreement (Tejon Ranch Co), Limited Liability Company Agreement (Tejon Ranch Co), Limited Liability Company Agreement (Colony American Homes, Inc.)

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In-Kind Distribution. Assets Except as otherwise expressly provided herein, assets of the Company (Company, other than cash) , shall not be distributed distributed, in kind kind, to the Members Members, without the prior written approval of the MembersManager.

Appears in 8 contracts

Samples: Operating Agreement (ILS Fixed Horizon LLC), Operating Agreement (ILS Fixed Horizon LLC), Amended Operating Agreement (Rockstar Capital Group, LLC)

In-Kind Distribution. Assets Subject to Article VII, assets of the Company (other than cash) shall not be distributed in kind to the Members without the prior written approval of all of the Members.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Five Point Holdings, LLC)

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In-Kind Distribution. Assets of the Company (other than cash) shall not be distributed in kind to the Members without the prior written approval of the MembersManager.

Appears in 1 contract

Samples: Operating Agreement (Blue Holdings, Inc.)

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