Written Assignments. Anything herein to the contrary notwithstanding, both the Fund and the Directors shall be entitled to treat the assignor of a Unit as the absolute owner thereof in all respects, and shall incur no liability for distributions made in good faith to such assignor until such time as a written assignment that conforms to the requirements of this Section 9.2 has been received by the Fund and accepted by the Board.
Appears in 5 contracts
Samples: Operating Agreement (Oxbow Fund LLC), Operating Agreement (Oxbow Fund LLC), Operating Agreement (Oxbow Fund LLC)
Written Assignments. Anything herein to the contrary notwithstanding, both the Fund and the Directors shall be entitled to treat the assignor of a Unit Fund Interest as the absolute owner thereof in all respects, and shall incur no liability for distributions made in good faith to such assignor until such time as a written assignment that conforms to the requirements of this Section 9.2 13.02 has been received by the Fund and accepted by the BoardManagement Committee.
Appears in 3 contracts
Samples: Operating Agreement (Technology Funding Venture Capital Fund Vi LLC), Operating Agreement (Technology Funding Venture Capital Fund Vi LLC), Operating Agreement (Technology Funding Venture Capital Fund Vi LLC)
Written Assignments. Anything herein to the contrary notwithstanding, both the Fund and the Directors shall be entitled to treat the assignor of a Unit Shares as the absolute owner thereof in all respects, and shall incur no liability for distributions made in good faith to such assignor until such time as a written assignment that conforms to the requirements of this Section 9.2 12.02 has been received by the Fund and accepted by the BoardDirectors.
Appears in 1 contract
Samples: Form of Operating Agreement (Vcvillage Com Opportunity Fund LLC)
Written Assignments. Anything herein to the contrary notwithstanding, both the Fund and the Directors shall be entitled to treat the assignor of a Unit Fund Interest as the absolute owner thereof in all respects, and shall incur no liability for distributions made in good faith to such assignor until such time as a written assignment that conforms to the requirements of this Section 9.2 13.02 has been received by the Fund and accepted by the BoardDirectors.
Appears in 1 contract
Samples: Form of Operating Agreement (Vcvillage Com Opportunity Fund LLC)
Written Assignments. Anything herein to the contrary notwithstanding, both the Fund and the Directors shall be entitled to treat the assignor of a Unit Fund Interest as the absolute owner thereof in all respects, and shall incur no liability for distributions made in good faith to such assignor until such time as a written assignment that conforms to the requirements of this Section 9.2 13.03 has been received by the Fund and accepted by the BoardManagement Committee.
Appears in 1 contract
Samples: Operating Agreement (Technology Funding Venture Capital Fund Vi LLC)
