Common use of Distribution in Kind Clause in Contracts

Distribution in Kind. Notwithstanding the provisions of Section 18-605 of the Act, a member may be compelled to accept distributions in-kind from the Company.

Appears in 14 contracts

Samples: Limited Liability Company Agreement (Cinergy Corp), Limited Liability Company Agreement (Cinergy Corp), Limited Liability Company Agreement (Cinergy Corp)

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Distribution in Kind. Notwithstanding the provisions of Section 18-605 of the Act, a member may be compelled to accept distributions in-in kind from the Company.

Appears in 2 contracts

Samples: Limited Liability Company Agreement, Limited Liability Company Agreement (Cinergy Corp)

Distribution in Kind. Notwithstanding the provisions of Section 18-605 of the Act, a member the Member may be compelled to accept distributions in-kind from the Company.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Vitamin Shoppe, Inc.), Limited Liability Company Agreement (Franchise Group, Inc.)

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Distribution in Kind. Notwithstanding the provisions of Section 18-605 504 of the Act, a member may be compelled to accept distributions in-kind from the Company.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Cinergy Corp)

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