Distribution of Property. If in the discretion of the Member it becomes necessary to make a distribution of Company property in kind in connection with the liquidation of the Company, such property shall be transferred and conveyed to the Member subject to Section 18-804 of the Act.
Appears in 11 contracts
Samples: Limited Liability Company Agreement (EP Energy LLC), Limited Liability Company Agreement (EP Energy LLC), Limited Liability Company Agreement (MBOW Four Star, L.L.C.)
Distribution of Property. If in the discretion of the Member it becomes necessary to make a distribution of Company property in kind in connection with the liquidation of the Company, such property shall be transferred and conveyed to the Member subject to Section 18-804 of the ActMember.
Appears in 10 contracts
Samples: Limited Liability Company Agreement (Sealy US Sales, LLC), Limited Liability Company Agreement (Tempur Pedic International Inc), Operating Agreement (Tempur Pedic International Inc)
Distribution of Property. If in the discretion of the Member Members it becomes necessary to make a distribution of Company property in kind in connection with the liquidation of the Company, such property shall be transferred and conveyed to the Member Members subject to Section 18-804 of the Act.
Appears in 4 contracts
Samples: Limited Liability Company Agreement (El Paso Pipeline Partners, L.P.), Limited Liability Company Agreement (Colorado Interstate Gas Company, L.L.C.), Limited Liability Company Agreement (Colorado Interstate Gas Company, L.L.C.)
Distribution of Property. If in the discretion of the Member it becomes necessary to make a distribution of Company property in kind in connection with the liquidation of the Company, such property shall be transferred and conveyed to the Member Member, subject to Section 18-804 of the Act.
Appears in 4 contracts
Samples: Limited Liability Company Agreement (MBOW Four Star, L.L.C.), Limited Liability Company Agreement (MBOW Four Star, L.L.C.), Limited Liability Company Agreement (MBOW Four Star, L.L.C.)
Distribution of Property. If in the discretion of the Member Member, it becomes necessary to make a distribution of Company property in kind in connection with the liquidation of the Company, such property shall be transferred and conveyed to the Member subject to Section 18-804 of the ActMember.
Appears in 3 contracts
Samples: Limited Liability Company Agreement (Great North Imports, LLC), Limited Liability Company Agreement (Great North Imports, LLC), Limited Liability Company Agreement (Great North Imports, LLC)
Distribution of Property. If in the discretion of the Member Members it becomes necessary to make a distribution of Company property in kind in connection with the liquidation of the Company, such property shall be transferred and conveyed to the Member subject to Section 18-804 of the ActMembers.
Appears in 2 contracts
Samples: Limited Liability Company Agreement (Inergy Storage, Inc.), Limited Liability Company Agreement (MBOW Four Star, L.L.C.)
Distribution of Property. If in the discretion of the Member Members it becomes necessary to make a distribution of Company Company property in kind in connection with the liquidation of the Company, such property shall be transferred and conveyed to the Member Members subject to Section 18-804 of the Act.
Appears in 1 contract
Samples: Limited Liability Company Agreement (El Paso Pipeline Partners, L.P.)
Distribution of Property. If It’ in the discretion of the Member it becomes necessary to make a distribution of Company property in kind in connection with the liquidation of the Company, such property shall be transferred and conveyed to the Member subject to Section 18-804 of the ActMember.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Tempur Pedic International Inc)
Distribution of Property. If in the discretion of the Managing Member it becomes necessary to make a distribution of Company property in kind in connection with the liquidation of the Company, such property shall be transferred and conveyed to the Member subject to in accordance with Section 18-804 9.02 of the Actthis Agreement.
Appears in 1 contract
Samples: Limited Liability Company Agreement (El Paso Pipeline Partners, L.P.)
Distribution of Property. If in the discretion of the Member it becomes necessary to make a distribution of Company property in kind kind, in connection with the liquidation of the Company, Company such property shall be transferred and conveyed to the Member subject to Section 18-804 of the ActMember.
Appears in 1 contract
