Distribution Fees. (a) A Member may be charged a distribution fee when a Distributor is used to sell such Member’s Interest in the amount and as set forth in the Prospectus.
Appears in 24 contracts
Samples: Limited Liability Company Agreement (PNC Alternative Strategies TEDI Fund LLC), Limited Liability Company Agreement (PNC Long-Short Fund LLC), Limited Liability Company Agreement (PNC Alternative Strategies Fund LLC)
Distribution Fees. (a) A Member may be charged a distribution fee when a Distributor Placement Agent is used to sell such Member’s Interest in the amount and as set forth fully disclosed in the ProspectusMemorandum.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Growth Capital TEI Portfolio, LLC)
Distribution Fees. (a) A Member may be charged a distribution fee when a Distributor Placement Agent is used to sell such Member’s 's Interest in the amount and as set forth in the ProspectusMemorandum.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Growth Capital Portfolio, LLC)