Limitations Upon Distributions. Notwithstanding any provision to the contrary contained in this Agreement, the Company shall not make any distribution to any Member unless, after giving effect to such distribution, the assets of the Company will be in excess of all liabilities of the Company (except liabilities for which the recourse of creditors is limited to specific Property of the Company). For purposes of the immediately preceding sentence, the fair value of Company Property that is subject to a liability for which the recourse of creditors is limited shall be included in the assets of the Company only to the extent the fair value of that Property exceeds that liability. Notwithstanding any provision to the contrary contained in this Agreement, the Company, and the Members on behalf of the Company, shall not make a distribution to any Member on account of its Economic Interest in the Company if such distribution would violate Section 18-607 of the Delaware Act or other applicable law.
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Sources: Limited Liability Company Agreement, Limited Liability Company Agreement