Character of Liquidating Distributions. All payments made in liquidation of the Interest of a Member shall be made in exchange for the Interest of such Member in the Company’s assets pursuant to Code Section 736(b)(1), including the interest of such Member in Company goodwill.
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Samples: Limited Liability Company Agreement (BRT Realty Trust)
Character of Liquidating Distributions. All payments made in liquidation of the Interest interest of a Member in the Company shall be made in exchange for the Interest interest of such Member in the Company’s assets Properties pursuant to Code Section 736(b)(1)) of the Code, including the interest of such Member in Company goodwillthe goodwill of the Company.
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Character of Liquidating Distributions. All payments made in liquidation of the Interest interest of a Member in the Company shall be made in exchange for the Interest interest of such Member in the Company’s assets Company Assets pursuant to Code Section 736(b)(1)) of the Code, including the interest of such Member in Company goodwill.
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Character of Liquidating Distributions. All payments made in liquidation of the Interest interest of a Member in the Company shall be made in exchange for the Interest interest of such Member in the Company’s assets Property pursuant to Code Section 736(b)(1)) of the Code, including including, but not limited to, the interest of such Member in Company goodwillthe goodwill of the Company. ( (SECTION 11.9. THE LIQUIDATORSection 11.9.
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Samples: Operating Agreement (International Airline Support Group Inc)
Character of Liquidating Distributions. All payments made in liquidation of the Interest interest of a Member in the Company shall be made in exchange for the Interest interest of such Member in the Company’s assets property pursuant to Code Section 736(b)(1)) of the Code, including the interest of such Member in Company goodwill.
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Character of Liquidating Distributions. All payments made in liquidation of the Interest of a Member in the Company shall be made made, to the maximum extent permitted by the Code, in exchange for the Interest interest of such Member in the Company’s assets Property pursuant to Code Section 736(b)(1)) of the Code, including the interest of such Member in Company goodwill.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Lakes Entertainment Inc)
Character of Liquidating Distributions. All payments made in liquidation of the Interest interest of a Member in the Company shall be made in exchange for the Interest interest of such Member in the Company’s assets Property pursuant to Code Section 736(b)(1)) of the Code, including the interest of such Member in Company goodwill.
Appears in 1 contract
Samples: Limited Liability Company Agreement (CNL Hospitality Properties Inc)
