Limitations on Distribution. Notwithstanding any provision to the contrary contained in this Agreement, the Company shall not make a distribution to any Member on account of its interest in the Company if such distribution would violate Section 18-607 of the Act or other applicable law.
Appears in 3 contracts
Samples: Limited Liability Company Agreement (Standard & Poor's Financial Services LLC), Limited Liability Company Agreement (Standard & Poor's Financial Services LLC), Limited Liability Company Agreement (Standard & Poor's Financial Services LLC)
Limitations on Distribution. Notwithstanding any provision to the contrary contained in this Agreement, the Company Board shall not make a Company distribution to any Member on account of its interest in the Company if such distribution would violate Section 18-607 of the Act or other applicable lawLaw.
Appears in 3 contracts
Samples: Limited Liability Company Agreement (Apollo Global Management LLC), Limited Liability Company Agreement (Apollo Global Management LLC), Limited Liability Company Agreement (Apollo Global Management LLC)
Limitations on Distribution. Notwithstanding any provision to the contrary contained in this Agreement, the Company shall will not make a distribution to any Member on account of its interest in the Company if such distribution would violate Section 18-607 applicable law or the terms of any indebtedness of the Act or other applicable lawCompany.
Appears in 2 contracts
Samples: Operating Agreement (Sky Harbour Group Corp), Limited Liability Company Operating Agreement (AST SpaceMobile, Inc.)
Limitations on Distribution. Notwithstanding any provision to the contrary contained in this Agreement, the Company Company, and the Board on behalf of the Company, shall not make a distribution to any Member on account of its interest in the Company if such distribution would violate Section 18-607 of the Act or other applicable lawLaw.
Appears in 2 contracts
Samples: Limited Liability Company Agreement (Finance of America Companies Inc.), Limited Liability Company Agreement (Replay Acquisition Corp.)
Limitations on Distribution. Notwithstanding any provision to the contrary contained in this Agreement, the Company Board shall not make a Company distribution to any Member on account of its interest in the Company if such distribution would violate Section 18-607 of the Act or other applicable law.Law. Section 4.04
Appears in 1 contract
Samples: Limited Liability Company Agreement
Limitations on Distribution. Notwithstanding any provision to the contrary contained in this LLC Agreement, the Company Company, and the Board on behalf of the Company, shall not make a distribution to any Member on account of its interest in the Company if such distribution would violate Section 18-607 of the Act or other applicable lawLaw.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Laredo Oil, Inc.)
