Form of Distributions. A Member has no right to demand or receive any --------------------- distribution from the Company in any form other than cash. Likewise, except in connection with the dissolution of the Company as provided herein, no Member shall be compelled to accept from the Company a distribution of any asset in kind.
Appears in 2 contracts
Samples: Limited Liability Company Agreement (Craig Corp), Limited Liability Company Agreement (Reading Entertainment Inc)
Form of Distributions. A Member has no right to demand or receive any --------------------- distribution from the Company in any form other than cash. Likewise, except in connection with the dissolution of the Company and as provided hereinin Section 11.2.1 hereof, no Member shall be compelled to accept from the Company a distribution of any asset in kind.
Appears in 2 contracts
Samples: Operating Agreement (Pacific Entertainment Corp), Operating Agreement (Cherokee International Finance Inc)
Form of Distributions. A Member has no right to demand or receive any --------------------- distribution from the Company in any form other than cash. Likewise, except in connection with the dissolution of the Company as provided herein, herein no Member shall be compelled to accept from the Company a distribution of any asset in kind.
Appears in 1 contract
Form of Distributions. A Member has no right to demand or receive any --------------------- distribution from the Company in any form other than cash. Likewise, except in connection with the dissolution of the Company and as provided hereinin Section 9.2.1, no Member shall be compelled to accept from the Company a distribution of any asset in kind.
Appears in 1 contract
Samples: Caminus Corp