FORM OF DISTRIBUTION AND REDEMPTION PAYMENTS. No Investor shall have the right to demand or receive any property other than cash upon redemption. Distributions or payouts made to Investors may be made in cash or in-kind, provided that such in-kind distribution or payout is not materially adverse to the interests of the Investors.
Appears in 37 contracts
Samples: Limited Liability Company Operating Agreement (Aspect FuturesAccess LLC), Limited Liability Company Operating Agreement (Aspect FuturesAccess LLC), Limited Liability Company Operating Agreement (Aspect FuturesAccess LLC)
FORM OF DISTRIBUTION AND REDEMPTION PAYMENTS. No Investor shall have the right to demand or receive any property other than cash upon redemption. Distributions or payouts made to Investors may shall be made in cash or in-kind, provided that such in-kind distribution or payout is not materially adverse to the interests of the Investorscash.
Appears in 13 contracts
Samples: Operating Agreement (ML Chesapeake FuturesAccess LLC), Limited Liability Company Operating Agreement (ML Systematic Momentum FuturesAccess LLC), Operating Agreement (ML Transtrend DTP Enhanced FuturesAccess LLC)
FORM OF DISTRIBUTION AND REDEMPTION PAYMENTS. No Investor shall have the right to demand or receive any property other than cash upon redemption. Distributions or payouts made to Investors may be made in cash or in-kind, provided that such in-kind distribution or payout is not materially adverse to the interests Interests of the Investors.
Appears in 5 contracts
Samples: Limited Liability Company Operating Agreement (Man AHL FuturesAccess LLC), Limited Liability Company Operating Agreement (ML Winton FuturesAccess LLC), Limited Liability Company Operating Agreement (ML Aspect FuturesAccess LLC)
FORM OF DISTRIBUTION AND REDEMPTION PAYMENTS. No Investor shall have the right to demand or receive any property other than cash upon redemption. Distributions or payouts made to Investors may shall be made in cash or in-kind, provided that such in-kind distribution or payout is not materially adverse to the interests of the Investors.cash
Appears in 1 contract
Samples: Limited Liability Company Operating Agreement (ML APM Global Commodity FuturesAccess LLC)
