Form of Distributions. 10.3.1 No Member, regardless of the nature of the Member’s Capital Contribution, has any right to demand and receive any distribution from the Company in any form other than money. No Member may be compelled to accept a distribution of any asset in kind.
Appears in 5 contracts
Samples: Operating Agreement (Real Street Build-to-Rent Fund I, LLC), Operating Agreement (Brookwood Fenton Investments LLC), Operating Agreement (Brookwood Fenton Investments LLC)
Form of Distributions. 10.3.1 No A Member, regardless of the nature of the Member’s 's Capital ContributionContributions, has any no right to demand and receive any distribution from the Company in any form other than money. No Member may be compelled to accept from the Company a distribution of any asset in kindkind in lieu of a proportionate distribution of money being made to other Members.
Appears in 5 contracts
Samples: Operating Agreement (Wynn Resorts LTD), Limited Liability Company Agreement (Charter Communications Inc /Mo/), Limited Liability Company Agreement (Charter Communications Inc /Mo/)
Form of Distributions. 10.3.1 No A Member, regardless of the nature of the Member’s Capital ContributionContributions, has any no right to demand and receive any distribution from the Company in any form other than money. No Member may be compelled to accept from the Company a distribution of any asset in kindkind in lieu of a proportionate distribution of money being made to other Members.
Appears in 5 contracts
Samples: Limited Liability Company Agreement (Time Warner Cable Information Services (Texas), LLC), Limited Liability Company Agreement (Charter Communications Inc /Mo/), Project Management Agreement (Pinnacle Entertainment Inc)
Form of Distributions. 10.3.1 No Member, regardless of the nature of the Member’s Capital Contribution, has any right to demand and receive any distribution from the Company in any form other than money. No Member may be compelled to accept from the Company a distribution of any asset in kind.
Appears in 3 contracts
Samples: Operating Agreement, Operating Agreement, Operating Agreement
Form of Distributions. 10.3.1 No A Member, regardless of the nature of the Member’s Capital ContributionContributions, has any no right to demand and receive any distribution from the Company in any form other than moneyCompany. No Member may be compelled to accept from the Company a distribution of any asset in kindkind in lieu of a proportionate distribution of money being made to other Members.
Appears in 2 contracts
Samples: Limited Liability Company Agreement (Vinco Ventures, Inc.), Limited Liability Company Agreement (Wright Investors Service Holdings, Inc.)
Form of Distributions. 10.3.1 No Member, regardless Regardless of the nature of the Member’s 's Capital ContributionContributions, a Member has any no right to demand and receive any distribution from the Company in any form other than money. No Member may be compelled to accept from the Company a distribution of any asset in kindkind in lieu of a proportionate distribution of money being made to other Members.
Appears in 1 contract
Form of Distributions. 10.3.1 10.2.1 No Member, regardless of the nature of the Member’s Capital Contribution, has any right to demand and receive any distribution from the Company in any form from other than moneymoney in the form of US currency. No Member may be compelled to accept from the Company a distribution of any asset in kind.
Appears in 1 contract
Form of Distributions. 10.3.1 No A Member, regardless of the nature of the Member’s Capital Contribution, has any no right to demand and receive any distribution from the Company in any form other than money. No Member may be compelled to accept from the Company a distribution of any asset in kind in lieu of a proportionate distribution of money being made to other Members. Except upon a dissolution and winding up of the Company, no Member may be compelled to accept a distribution of any asset in kind.
Appears in 1 contract
Samples: Operating Agreement
Form of Distributions. 10.3.1 10.2.1 No Member, regardless of the nature of the Member’s 's Capital Contribution, has any right to demand and receive any distribution from the Company in any form other than moneymoney in the form of US currency. No Member may be compelled to accept from the Company a distribution of any asset in kind.
Appears in 1 contract
Samples: Operating Agreement (Benchmark Real Estate Investment Fund, LLC)
