Other Rules Governing Distributions. No distribution prohibited by 6 Del. C. §18-607 or not specifically authorized under this Agreement shall be made by the Company to any Member in his or its capacity as a Member. A Member who receives a distribution prohibited by 6 Del. C. §18-607 shall be liable as provided therein.
Appears in 20 contracts
Samples: Limited Liability Company Agreement (Multi-Housing Income REIT, Inc.), Limited Liability Company Agreement (Energea Portfolio 3 Africa LLC), Limited Liability Company Agreement (Multi-Housing Income REIT, LLC)
Other Rules Governing Distributions. No distribution prohibited by 6 Del. C. §18-607 or not specifically authorized under this Agreement shall be made by the Company to any Member in his or its capacity as a Member. A Member who receives a distribution prohibited by 6 Del. C. §18-607 shall be liable as provided therein.. P a g e | 5
Appears in 10 contracts
Samples: Limited Liability Company Agreement (Nv Reit LLC), Limited Liability Company Agreement (Nv Reit LLC), Limited Liability Company Agreement (Energea Portfolio 1 LLC)
Other Rules Governing Distributions. No distribution distributions prohibited by 6 Del. C. §18-607 or not specifically authorized under this Agreement shall be made by the Company to any Member in his his, her or its capacity as a Member. A Member who receives a distribution prohibited by 6 6. Del. C. §18-607 shall be liable as provided therein.
Appears in 2 contracts
Samples: Limited Liability Company Agreement (Concreit Fund I LLC), Limited Liability Company Agreement (Concreit Fund I LLC)
Other Rules Governing Distributions. No distribution prohibited by 6 Del. C. A.R.S. §1829-607 3405 or not specifically authorized under this Agreement shall be made by the Company to any Member in his or its capacity as a Member. A Member who receives a distribution prohibited by 6 Del. C. A.R.S. §1829-607 3405 shall be liable as provided thereinin A.R.S. §29-3406.
Appears in 1 contract
Samples: Venture On
Other Rules Governing Distributions. No distribution prohibited by 6 Del. C. §18-18- 607 or not specifically authorized under this Agreement shall be made by the Company to any Member in his or its capacity as a Member. A Member who receives a distribution prohibited by 6 Del. C. §18-607 shall be liable as provided therein.
Appears in 1 contract
Samples: Limited Liability Company Agreement
Other Rules Governing Distributions. No distribution prohibited by 6 Del. C. §18-§18- 607 or not specifically authorized under this Agreement shall be made by the Company to any Member in his or its capacity as a Member. A Member who receives a distribution prohibited by 6 Del. C. §18§18-607 shall be liable as provided therein.
Appears in 1 contract
Samples: Limited Liability Company Agreement
