Common use of Limitation on Distributions Clause in Contracts

Limitation on Distributions. Notwithstanding anything to the contrary contained in this Agreement, the Company, and the Managing Member on behalf of the Company, shall not be required to make a distribution to any Member on account of its interest in the Company if such distribution would violate the Act or other applicable law.

Limitation on Distributions. Notwithstanding anything any provision of this Agreement to the contrary contained in this Agreementcontrary, the Company, and the Managing Member on behalf of the Company, Company shall not be required to make a distribution to any Member on account of its interest in to the Company if extent such distribution would violate the Act or other applicable lawLaw or would result in the Company or any of its Subsidiaries being in default under any material agreement.

Limitation on Distributions. Notwithstanding anything any provision to the contrary contained in this Agreement, the Company, and the Managing Member Lazard Board on behalf of the Company, shall not be required to make a distribution to any a Member on account of its interest in the Company if such distribution would violate the Act or any other applicable law.

Limitation on Distributions. Notwithstanding anything any provision to the contrary contained in this Agreement, the Company, and the Managing Member on behalf of the Company, Company shall not be required to make a distribution to any Member on account of its interest in the Company if such distribution would violate the Act or other applicable lawany Applicable Law.

Limitation on Distributions. Notwithstanding anything to the contrary contained in any other provision of this Agreement, neither the Company, and nor the Managing Administrative Member on behalf of the Company, shall not be required to make a distribution to any a Member on account of its interest in the Company if such distribution would violate Section 18-607 of the Act or other applicable law.

Limitation on Distributions. Notwithstanding anything any provision to the contrary contained in this Agreement, neither the Company, and Company nor the Managing Member on behalf of the Company, Company shall not be required to make a distribution to any Member on account of its interest in the Company if such distribution would violate the Act or other applicable lawLaw, or to the extent such distribution would result in the Company or any of its Subsidiaries being in default under any material agreement.

Limitation on Distributions. Notwithstanding anything to the contrary contained in this Agreementherein, the Company, Company and the Managing Member on behalf of the Company, shall not be required to make a distribution to any Member on account of its interest in the Company Interest if such distribution would violate the Act or other applicable law.

Limitation on Distributions. Notwithstanding anything any provision to the contrary contained in this Agreement, neither the Company, and Company nor the Managing Member Member, on behalf of the Company, shall not be required to knowingly make a distribution to any Member on account of its interest Membership Interests or Units in violation of the Company if such distribution would violate the Act or other applicable lawAct.

Limitation on Distributions. Notwithstanding anything any provision to the contrary contained in this Agreement, the Company, and the Managing Member on behalf of the Company, Company shall not be required to make a distribution to any Member on account of its such Member’s interest in the Company if such distribution would violate Section 18-607 of the Act or other applicable law.

Limitation on Distributions. Notwithstanding anything any provision to the contrary contained in this Agreement, the Company, and the Managing Member on behalf of the Company, Company shall not be required to make a distribution to any Member on account of its interest in the Company if such distribution would violate Section 18-607 of the Act or Act, any other applicable law.law or the Acquisition Loan Agreement. Back to Table of Contents

Limitation on Distributions. Notwithstanding anything to the contrary contained in this Agreement, the Company, and the Managing Member Board on behalf of the Company, shall not be required to make a distribution to any Member on account of its interest in the Company if such distribution would violate this Agreement, the Act or other applicable law.

Limitation on Distributions. Notwithstanding anything any provision in this Agreement to the contrary contained in this Agreementcontrary, the Company, and the Managing Member Board on behalf of the Company, shall not be required to make a distribution to any Member on account of its interest Units in the Company if such distribution would violate the Act or other applicable lawAct.

Limitation on Distributions. Notwithstanding anything any provision to the contrary contained in this Agreement, the Company, and the Managing Member on behalf of the Company, Company shall not be required to make a distribution to any Member on account of its such Member's interest in the Company if such distribution would violate the Act or other applicable lawlaw or would cause a breach or default under any agreement or instrument to which the Company is a party or by which it or the Property is bound.

Limitation on Distributions. Notwithstanding anything any provision in this Agreement to the contrary contained in this Agreementcontrary, the Company, and the Managing Member Board on behalf of the Company, shall not be required to make a distribution to any the Member on account of its interest in the Company if such distribution would violate the Act or other applicable lawAct.

Limitation on Distributions. Notwithstanding anything any provision to the contrary contained in this Agreement, the Company, and the Managing Member on behalf of the Company, Company shall not be required to make a distribution to any Member on account of its interest in the Company if such distribution would violate Section 18-607 of the Act or any other applicable law.

Limitation on Distributions. Notwithstanding anything to the contrary contained in any other provision of this Agreement, neither the Company, and the Managing Member Company nor Manager acting on behalf of the Company, Company shall not be required to make a distribution to any a Member on account of its interest in the Company if such distribution would violate the Act or other applicable law.. Section 4.6

Limitation on Distributions. Notwithstanding anything any provision to the contrary contained in this Agreement, the Company, and the Managing Member on behalf of the Company, Company shall not be required to make a distribution to any Member the Members on account of its interest their Interest in the Company if such distribution would violate the Act or any other applicable lawfederal or state Law.

Limitation on Distributions. Notwithstanding anything any provision to the contrary contained in this Agreement, the Company, and the Managing Member on behalf of the Company, Company shall not be required to make a any distribution to any Member on account of its interest in the Company Members if (i) such distribution would violate the Act or other applicable lawlaw or (ii) a Majority in Interest of the outstanding Units vetos a distribution proposed by the Manager.

Limitation on Distributions. Notwithstanding anything any provision to the contrary contained in this Agreement, the Company, and the Managing Member Manager on behalf of the Company, shall not be required to make a distribution to any Member on account of its interest in the Company to the extent (if any) that such distribution would violate the Act or other applicable law.

Limitation on Distributions. Notwithstanding anything any provision to the contrary contained in this Agreement, the CompanyCompany shall not make any Distribution if such Distribution would violate the Protection Agreement, and the Managing Member on behalf Organizational Documents of the Company, shall not be required to make a distribution to any Member on account of its interest in the Company if such distribution would violate the Act or other applicable lawLaw.

Limitation on Distributions. Notwithstanding anything any provision to the contrary contained in this Agreement, the Company, and the Managing Member on behalf of the Company, Company shall not be required to make a distribution to any Member on account of its interest such Member's Interest in the Company if such distribution would violate the Act or other applicable lawlaw or would cause a breach or default under any agreement or instrument to which the Company is a party or by which it or the Company Property is bound.

Limitation on Distributions. Notwithstanding anything any provision to the contrary contained in this Agreement, the Company, and the Managing Member on behalf of the Company, Company shall not be required to make a distribution to any Member on account of its such Member's interest in the Company if such distribution would violate Section 18-607 of the Act or other applicable law.