Effect of Transfers. Distributions with respect to an LLC Interest shall be made to the Person reflected on the Books and Records of the LLC as owning that LLC Interest on the date of the distribution.
Appears in 3 contracts
Samples: Limited Liability Company Agreement (Condor Hospitality Trust, Inc.), Limited Liability Company Agreement (Condor Hospitality Trust, Inc.), Limited Liability Company Agreement (Condor Hospitality Trust, Inc.)