Common use of Return of Distributions Clause in Contracts

Return of Distributions. In accordance with Section 18-607 of the Delaware Act, a Member will be obligated to return any distribution from the Company only as provided by applicable law.

Appears in 18 contracts

Samples: Limited Liability Company Agreement (Duncan Energy Partners L.P.), Limited Liability Company Agreement (Duncan Energy Partners L.P.), Limited Liability Company Agreement (Lyondell Refining LP, LLC)

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Return of Distributions. In accordance with Section 18-607 of the Delaware Act, a The Member will be obligated to return any distribution from the Company only as provided to the extent, and during the period, such return is required by applicable lawSection 18-607 of the Delaware Act.

Appears in 15 contracts

Samples: Limited Liability Company Agreement (Encore Energy Partners Operating LLC), Limited Liability Company Agreement (Encore Energy Partners Operating LLC), Limited Liability Company Agreement (Carrizo (Niobrara) LLC)

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Return of Distributions. In accordance with Section 18-607 of the Delaware Act, a the Member will be obligated to return any distribution from the Company only as provided by applicable law.

Appears in 11 contracts

Samples: Limited Liability Company Agreement (Lyondell Refining LP, LLC), Limited Liability Company Agreement (Lyondell Refining LP, LLC), Limited Liability Company Agreement (SIGECO Securitization I, LLC)

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