Common use of Over-Distributions Clause in Contracts

Over-Distributions. If the amount of any distribution to a Member under the Agreement exceeds the amount to which the Member in entitled (e.g., by reason of an accounting error), the Member shall, upon written notice of the over-distribution delivered to the Member within one year of the over-distribution, promptly return the amount of such over-distribution to the Company.

Appears in 11 contracts

Samples: Limited Liability Company Agreement (Zeo Energy Corp.), Limited Liability Company Agreement (HNR Acquisition Corp.), Limited Liability Company Agreement (HNR Acquisition Corp.)

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Over-Distributions. If the amount of any distribution Company distributes to a Member under the Agreement exceeds more than the amount to which the Member in entitled (e.g., by reason of an accounting error), the Member shall, upon written notice of the over-distribution delivered to the Member within one year of the over-distribution, promptly return the amount of such over-distribution to the Company. For the avoidance of doubt, this Section 3.6(c) applies to any distribution made under this Agreement.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (GEN Restaurant Group, Inc.), Limited Liability Company Agreement (Viant Technology Inc.)

Over-Distributions. If the amount of any distribution Company distributes to a Member under the Agreement exceeds more than the amount to which the Member in entitled (e.g., by reason of an accounting error), the Member shall, upon written notice of the over-distribution delivered to the Member within one year of the over-distribution, promptly return the amount of such over-distribution to the Company. For the avoidance of doubt, this Section 3.7(c) applies to any distribution made under this Agreement.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Zevia PBC), Limited Liability Company Agreement (Zevia PBC)

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Over-Distributions. If the amount of any distribution Company distributes to a Member under the Agreement exceeds more than the amount to which the Member in entitled (e.g., by reason of an accounting error), the Member shall, upon written notice of the over-distribution delivered to the Member within one year of the over-distribution, promptly return the amount of such over-distribution to the Company. For the avoidance of doubt, this ‎Section 3.6(c) applies to any distribution made under this Agreement.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Viant Technology Inc.)

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