Limitation on Distributions. Notwithstanding anything in this Agreement to the contrary, no distribution shall be made if it would not be permitted by the Act.
Appears in 32 contracts
Samples: Limited Liability Company Agreement, Limited Liability Company Agreement, Limited Liability Company Agreement (United States Brent Oil Fund, LP)
Limitation on Distributions. Notwithstanding anything to the contrary in this Agreement to the contraryAgreement, no distribution Distribution shall be made if it to any Member to the extent such Distribution would not be permitted by violate the ActAct or other applicable law.
Appears in 4 contracts
Samples: Limited Liability Company Agreement (NorthStar Healthcare Income, Inc.), Limited Liability Company Agreement (Griffin-American Healthcare REIT III, Inc.), Limited Liability Company Agreement (Griffin-American Healthcare REIT III, Inc.)
