Common use of Restoration of Funds Clause in Contracts

Restoration of Funds. Except as otherwise provided by law, no Member shall be required to restore to the Company any funds properly distributed to it pursuant to Sections 3.12(a) and (b).

Appears in 3 contracts

Samples: Limited Liability Company Agreement (Valor Telecommunications Southwest LLC), Limited Liability Company Agreement (Valor Telecommunications Southwest LLC), Limited Liability Company Agreement (Valor Telecommunications Southwest LLC)

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Restoration of Funds. Except as otherwise provided by law, no Member shall be required to restore to the Company any funds properly distributed to it pursuant to Sections 3.12(a) and (b)Section 6.1. or 10.2 If any Member receives Distributions from the Company contrary to the provisions of this Agreement, that Member shall promptly return the same to the Company.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Capital Trust Inc)

Restoration of Funds. Except as otherwise provided by law, no Member shall be required to restore to the Company any funds properly distributed to it pursuant to Sections 3.12(a) and (b)Section 6.1 or 10.2. If any Member receives Distributions from the Company contrary to the provisions of this Agreement, that Member shall promptly return the same to the Company.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Capital Trust Inc)

Restoration of Funds. Except as otherwise provided by law, no Member shall be required to restore to the Company any funds properly distributed to it pursuant to Sections 3.12(a) and (b)this Article IV.

Appears in 1 contract

Samples: Limited Liability Company Operating Agreement (Roxio Inc)

Restoration of Funds. Except as otherwise provided by law, no Member shall be required to restore to the Company any funds properly distributed to it pursuant to Sections 3.12(a) and (b)Section 8.01. 8.03.

Appears in 1 contract

Samples: Limited Liability Company Operating Agreement

Restoration of Funds. Except as otherwise provided by law, no Member shall be required to restore to the Company any funds properly distributed to it pursuant to Sections 3.12(a) and (b)Section 7.3.

Appears in 1 contract

Samples: Limited Liability Company Agreement (MGT Capital Investments Inc)

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Restoration of Funds. Except as otherwise provided by law, no Member shall be required to restore to the Company any funds properly distributed to it pursuant to Sections 3.12(a) and (b)Section 4.2.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Micro Investment LLC)

Restoration of Funds. Except as otherwise provided by law, no Member shall be required to restore to the Company any funds properly distributed to it pursuant to Sections 3.12(a) and (b)Section 9.1.

Appears in 1 contract

Samples: Operating Agreement (Idt Corp)

Restoration of Funds. Except as otherwise provided by law, no Member shall be required to restore to the Company any funds properly distributed to it pursuant to Sections 3.12(a) and (b)Section 8.01.

Appears in 1 contract

Samples: Limited Liability Company Operating Agreement (Instinet Group LLC)

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