Common use of Limitation Upon Distributions Clause in Contracts

Limitation Upon Distributions. No distribution shall be made to Members if prohibited by Section 18-607 of the Act.

Appears in 9 contracts

Samples: Operating Agreement (Bluerock Residential Growth REIT, Inc.), Operating Agreement (Bluerock Residential Growth REIT, Inc.), Limited Liability Company Agreement (Bluerock Residential Growth REIT, Inc.)

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Limitation Upon Distributions. No distribution distributions shall be made to Members if prohibited by Section 18-607 of the Act.

Appears in 4 contracts

Samples: Limited Liability Company Agreement (CBL/Regency I, LLC), Master Transaction Agreement (CBL & Associates Properties Inc), Limited Liability Company Agreement (CBL & Associates Properties Inc)

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Limitation Upon Distributions. No distribution shall be made to Members if prohibited by Section 1800-607 000-000 of the Act.

Appears in 2 contracts

Samples: Operating Agreement, Operating Agreement

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