Reserve. Notwithstanding the foregoing provisions, the liquidator may retain such amount as it deems necessary as a reserve for any contingent liabilities or obligations of the Company, which reserve, after the passage of a reasonable period of time, shall be distributed pursuant to the provisions of this Article 7.
Appears in 9 contracts
Samples: Company Agreement (ROX Financial LP), Company Agreement (ROX Financial LP), Limited Liability Agreement (JMP Group LLC)
Reserve. Notwithstanding anything to the foregoing provisionscontrary in Section 8.4, the liquidator may retain such amount as it deems necessary as a reserve for any contingent contingent, conditional or unmatured liabilities or obligations of the Company, which reserve, after the passage of a reasonable period of timetime as determined by the liquidator, shall be distributed pursuant to the provisions of in accordance with this Article 7VIII.
Appears in 9 contracts
Samples: Limited Liability Company Agreement (World Omni Auto Receivables LLC), Limited Liability Company Agreement (World Omni Auto Receivables LLC), Limited Liability Company Agreement (World Omni 1998-a Automobile Lease Securitization Trust)
Reserve. Notwithstanding the foregoing provisionsprovisions of Sections 11.4 ------- and 11.5, the liquidator may retain such amount as it deems necessary as a reserve for any contingent liabilities or obligations of the Company, which reserve, after the passage of a reasonable period of time, shall be distributed pursuant to the provisions of this Article 7XI.
Appears in 5 contracts
Samples: Limited Liability Company Agreement (Plug Power Inc), Limited Liability Company Agreement (Plug Power Inc), Limited Liability Company Agreement (Plug Power Inc)
Reserve. Notwithstanding anything to the foregoing provisionscontrary Section 8.4, the liquidator may retain such amount as it deems necessary as a reserve for any contingent contingent, conditional or unmatured liabilities or obligations of the Company, which reserve, after the passage of a reasonable period of timetime as determined by the liquidator, shall be distributed pursuant to the provisions of in accordance with this Article 7VIII.
Appears in 4 contracts
Samples: Limited Liability Company Agreement (World Omni LT), Limited Liability Company Agreement (World Omni LT), Limited Liability Company Agreement (World Omni LT)
Reserve. Notwithstanding the foregoing provisionsprovisions of Section 6.3(a) and Section 6.3(b), the liquidator may retain such any amount as it that the liquidator reasonably deems necessary as a reserve for any contingent liabilities or obligations of the Company, which reserve. These funds shall, after the passage of a reasonable period of time, shall be distributed pursuant to Distributed in accordance with the provisions of this Article 76.
Appears in 3 contracts
Samples: Operating Agreement (Quad/Graphics Kingsport LLC), Operating Agreement (Quad/Graphics Kingsport LLC), Operating Agreement (Quad/Graphics Kingsport LLC)
Reserve. Notwithstanding the foregoing provisionsprovisions of Sections 9.4 and 9.5, the liquidator may retain such amount as it deems necessary as a reserve for any contingent liabilities or obligations of the Company, which reserve, after the passage of a reasonable period of time, shall be distributed pursuant to the provisions of this Article 7IX.
Appears in 1 contract
Samples: Operating Agreement (Navtrans International Freight Forwarding Inc)
Reserve. Notwithstanding the foregoing provisions, the liquidator may retain such amount as it deems necessary as a reserve for any contingent liabilities or obligations of the Company, which reserve, after the passage of a reasonable period of time, shall be distributed pursuant to the provisions of this Article 7Article.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Atlantic Oklahoma Wind, LLC)
Reserve. Notwithstanding the foregoing provisions, the The liquidator may retain such amount as it deems necessary as a reserve for any contingent liabilities or obligations of the Company, which reserve, after the passage of a reasonable period of time, shall be distributed pursuant to the provisions of this Article 7XIV.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Candlewood Hotel Co Inc)
Reserve. Notwithstanding the foregoing provisionsprovisions of Sections 10.4 and 10.5, the liquidator may retain such amount as it deems necessary as a reserve for any contingent liabilities or obligations of the Company, which reserve, after the passage of a reasonable period of timeperiod, shall be distributed pursuant to the provisions of this Article 7Article.
Appears in 1 contract
