In-Kind Distributions. Subject to Section 18-2028 of the Act, the Company may make in-kind distributions of the Company assets. The Member must record such an in-kind distribution in the Company's books. The fair market value of the property must be determined before the distribution is made. The Member’s capital account shall be adjusted to reflect the value of the in-kind distribution.
Appears in 4 contracts
Samples: Operating Agreement, Operating Agreement, Operating Agreement
In-Kind Distributions. Subject to Section 1825-2028 1 of the Act, the Company may make in-in- kind distributions of the Company assets. The Member must record such an in-kind distribution in the Company's books. The fair market value of the property must be determined before the distribution is made. The Member’s capital account shall be adjusted to reflect the value of the in-kind distribution.
Appears in 3 contracts
Samples: Operating Agreement, Operating Agreement, Operating Agreement
In-Kind Distributions. Subject to Section 18-2028 504 of the Act, the Company may make in-kind distributions of the Company assets. The Member must record such an in-kind distribution in the Company's books. The fair market value of the property must be determined before the distribution is made. The Member’s capital account shall be adjusted to reflect the value of the in-kind distribution.
Appears in 3 contracts
Samples: Operating Agreement, Operating Agreement, Operating Agreement
In-Kind Distributions. Subject to Section 18-2028 86.346 of the Act, the Company may make in-kind distributions of the Company assets. The Member must record such an in-kind distribution in the Company's books. The fair market value of the property must be determined before the distribution is made. The Member’s capital account shall be adjusted to reflect the value of the in-kind distribution.
Appears in 3 contracts
Samples: Operating Agreement, Operating Agreement, Operating Agreement
In-Kind Distributions. Subject to Section 1817-2028 76,108 of the Act, the Company may make in-kind distributions of the Company assets. The Member must record such an in-kind distribution in the Company's books. The fair market value of the property must be determined before the distribution is made. The Member’s capital account shall be adjusted to reflect the value of the in-kind distribution.
Appears in 3 contracts
Samples: Operating Agreement, Operating Agreement, Operating Agreement
In-Kind Distributions. Subject to Section 18-2028 1706.29 of the Act, the Company may make in-kind distributions of the Company assets. The Member must record such an in-kind distribution in the Company's books. The fair market value of the property must be determined before the distribution is made. The Member’s capital account shall be adjusted to reflect the value of the in-kind distribution.
Appears in 3 contracts
Samples: Operating Agreement, Operating Agreement, Operating Agreement
In-Kind Distributions. Subject to Section 18-2028 63.219 of the Act, the Company may make in-kind distributions of the Company assets. The Member must record such an in-kind distribution in the Company's books. The fair market value of the property must be determined before the distribution is made. The Member’s capital account shall be adjusted to reflect the value of the in-kind distribution.
Appears in 3 contracts
Samples: Operating Agreement, Operating Agreement, Operating Agreement
In-Kind Distributions. Subject to Section 18-2028 10.50.340 of the Act, the Company may make in-kind distributions of the Company assets. The Member must record such an in-kind distribution in the Company's books. The fair market value of the property must be determined before the distribution is made. The Member’s capital account shall be adjusted to reflect the value of the in-kind distribution.
Appears in 3 contracts
Samples: Operating Agreement, Operating Agreement, Operating Agreement
In-Kind Distributions. Subject to Section 18-2028 505 of the ActLaw, the Company may make in-in- kind distributions of the Company assets. The Member must record such an in-kind distribution in the Company's books. The fair market value of the property must be determined before the distribution is made. The Member’s capital account shall be adjusted to reflect the value of the in-kind distribution.
Appears in 3 contracts
Samples: Operating Agreement, Operating Agreement, Operating Agreement
In-Kind Distributions. Subject to Section 18-2028 275.220 of the Act, the Company may make in-kind distributions of the Company assets. The Member must record such an in-kind distribution in the Company's books. The fair market value of the property must be determined before the distribution is made. The Member’s capital account shall be adjusted to reflect the value of the in-kind distribution.
Appears in 2 contracts
Samples: Operating Agreement, Operating Agreement
In-Kind Distributions. Subject to Section 23-18-2028 5-8 of the Act, the Company may make in-kind distributions of the Company assets. The Member must record such an in-kind distribution in the Company's books. The fair market value of the property must be determined before the distribution is made. The Member’s capital account shall be adjusted to reflect the value of the in-kind distribution.
Appears in 2 contracts
Samples: Operating Agreement, Operating Agreement
In-Kind Distributions. Subject to Section 18304-2028 C:96 of the Act, the Company may make in-kind distributions of the Company assets. The Member must record such an in-kind distribution in the Company's books. The fair market value of the property must be determined before the distribution is made. The Member’s capital account shall be adjusted to reflect the value of the in-kind distribution.
Appears in 2 contracts
Samples: Operating Agreement, Operating Agreement
In-Kind Distributions. Subject to Section 1831B-4-2028 405 of the Act, the Company may make in-kind distributions of the Company assets. The Member must record such an in-kind distribution in the Company's books. The fair market value of the property must be determined before the distribution is made. The Member’s capital account shall be adjusted to reflect the value of the in-kind distribution.
Appears in 2 contracts
Samples: Operating Agreement, Operating Agreement
In-Kind Distributions. Subject to Section 184-2028 38-404 of the Act, the Company may make in-kind distributions of the Company assets. The Member must record such an in-kind distribution in the Company's books. The fair market value of the property must be determined before the distribution is made. The Member’s capital account shall be adjusted to reflect the value of the in-kind distribution.
Appears in 2 contracts
Samples: Operating Agreement, Operating Agreement
In-Kind Distributions. Subject to Section 18-2028 29–804.04 of the Act, the Company may make in-kind distributions of the Company assets. The Member must record such an in-kind distribution in the Company's books. The fair market value of the property must be determined before the distribution is made. The Member’s capital account shall be adjusted to reflect the value of the in-kind distribution.
Appears in 2 contracts
Samples: Operating Agreement, Operating Agreement
In-Kind Distributions. Subject to Section 18-2028 322C.0404 of the Act, the Company may make in-kind distributions of the Company assets. The Member must record such an in-kind distribution in the Company's books. The fair market value of the property must be determined before the distribution is made. The Member’s capital account shall be adjusted to reflect the value of the in-kind distribution.
Appears in 2 contracts
Samples: Operating Agreement, Operating Agreement
In-Kind Distributions. Subject to Section 18-2028 4055 of the ActStatutes, the Company may make in-kind distributions of the Company assets. The Member must record such an in-kind distribution in the Company's books. The fair market value of the property must be determined before the distribution is made. The Member’s capital account shall be adjusted to reflect the value of the in-kind distribution.
Appears in 2 contracts
Samples: Operating Agreement, Operating Agreement
In-Kind Distributions. Subject to Section 1813.1-2028 1034 of the Act, the Company may make in-kind distributions of the Company assets. The Member must record such an in-kind distribution in the Company's books. The fair market value of the property must be determined before the distribution is made. The Member’s capital account shall be adjusted to reflect the value of the in-kind distribution.
Appears in 2 contracts
Samples: Operating Agreement, Operating Agreement
In-Kind Distributions. Subject to Section 18-2028 12:1326 of the ActLaw, the Company may make in-kind distributions of the Company assets. The Member must record such an in-kind distribution in the Company's books. The fair market value of the property must be determined before the distribution is made. The Member’s capital account shall be adjusted to reflect the value of the in-kind distribution.
Appears in 2 contracts
Samples: Operating Agreement, Operating Agreement
In-Kind Distributions. Subject to Section 18-2028 15116(D) of the Act, the Company may make in-kind distributions of the Company assets. The Member must record such an in-kind distribution in the Company's books. The fair market value of the property must be determined before the distribution is made. The Member’s capital account shall be adjusted to reflect the value of the in-kind distribution.
Appears in 2 contracts
Samples: Operating Agreement, Operating Agreement
In-Kind Distributions. Subject to Section 18-2028 347.105 of the Act, the Company may make in-kind distributions of the Company assets. The Member must record such an in-kind distribution in the Company's books. The fair market value of the property must be determined before the distribution is made. The Member’s capital account shall be adjusted to reflect the value of the in-kind distribution.
Appears in 2 contracts
Samples: Operating Agreement, Operating Agreement
In-Kind Distributions. Subject to Section 1800-2028 00-000 of the Act, the Company may make in-in- kind distributions of the Company assets. The Member must record such an in-kind distribution in the Company's books. The fair market value of the property must be determined before the distribution is made. The Member’s capital account shall be adjusted to reflect the value of the in-kind distribution.
Appears in 2 contracts
Samples: Operating Agreement, Operating Agreement
In-Kind Distributions. Subject to Section 18-2028 10A-5A-4.05 of the ActLaw, the Company may make in-kind distributions of the Company assets. The Member must record such an in-kind distribution in the Company's books. The fair market value of the property must be determined before the distribution is made. The Member’s capital account shall be adjusted to reflect the value of the in-kind distribution.
Appears in 2 contracts
Samples: Operating Agreement, Operating Agreement
In-Kind Distributions. Subject to Section 1847-2028 34A-405 of the Act, the Company may make in-kind distributions of the Company assets. The Member must record such an in-kind distribution in the Company's books. The fair market value of the property must be determined before the distribution is made. The Member’s capital account shall be adjusted to reflect the value of the in-kind distribution.
Appears in 2 contracts
Samples: Operating Agreement, Operating Agreement
In-Kind Distributions. Subject to Section 18428-2028 405 of the Act, the Company may make in-kind distributions of the Company assets. The Member must record such an in-kind distribution in the Company's books. The fair market value of the property must be determined before the distribution is made. The Member’s capital account shall be adjusted to reflect the value of the in-kind distribution.
Appears in 2 contracts
Samples: Operating Agreement, Operating Agreement
In-Kind Distributions. Subject to Section 1835-2028 8-603 of the Act, the Company may make in-kind distributions of the Company assets. The Member must record such an in-kind distribution in the Company's books. The fair market value of the property must be determined before the distribution is made. The Member’s capital account shall be adjusted to reflect the value of the in-kind distribution.
Appears in 2 contracts
Samples: Operating Agreement, Operating Agreement
In-Kind Distributions. Subject to Section 18-2028 42:2C-34 of the Act, the Company may make in-kind distributions of the Company assets. The Member must record such an in-kind distribution in the Company's books. The fair market value of the property must be determined before the distribution is made. The Member’s capital account shall be adjusted to reflect the value of the in-kind distribution.
Appears in 2 contracts
Samples: Operating Agreement, Operating Agreement
In-Kind Distributions. Subject to Section 1834-2028 255c of the Act, the Company may make in-in- kind distributions of the Company assets. The Member must record such an in-kind distribution in the Company's books. The fair market value of the property must be determined before the distribution is made. The Member’s capital account shall be adjusted to reflect the value of the in-kind distribution.
Appears in 1 contract
Samples: Operating Agreement
In-Kind Distributions. Subject to Section 18-2028 3989 of the Act, the Company may make in-in- kind distributions of the Company assets. The Member must record such an in-kind distribution in the Company's books. The fair market value of the property must be determined before the distribution is made. The Member’s capital account shall be adjusted to reflect the value of the in-kind distribution.
Appears in 1 contract
Samples: Operating Agreement
In-Kind Distributions. Subject to Section 18-2028 Sections 101.202 and 101.203 of the ActLaw, the Company may make in-kind distributions of the Company assets. The Member must record such an in-kind distribution in the Company's books. The fair market value of the property must be determined before the distribution is made. The Member’s capital account shall be adjusted to reflect the value of the in-kind distribution.
Appears in 1 contract
Samples: Operating Agreement
In-Kind Distributions. Subject to Section 187-2028 16-30 of the Act, the Company may make in-kind distributions of the Company assets. The Member must record such an in-kind distribution in the Company's books. The fair market value of the property must be determined before the distribution is made. The Member’s capital account shall be adjusted to reflect the value of the in-kind distribution.
Appears in 1 contract
Samples: Operating Agreement
In-Kind Distributions. Subject to Section 18-2028 489.404 of the Act, the Company may make in-kind distributions of the Company assets. The Member must record such an in-kind distribution in the Company's books. The fair market value of the property must be determined before the distribution is made. The Member’s capital account shall be adjusted to reflect the value of the in-kind distribution.
Appears in 1 contract
Samples: Operating Agreement
In-Kind Distributions. Subject to Section 1810-2028 32.1-30 of the Act, the Company may make in-kind distributions of the Company assets. The Member must record such an in-kind distribution in the Company's books. The fair market value of the property must be determined before the distribution is made. The Member’s capital account shall be adjusted to reflect the value of the in-kind distribution.
Appears in 1 contract
Samples: Operating Agreement
In-Kind Distributions. Subject to Section 18-2028 183.0605 of the ActLaw, the Company may make in-kind distributions of the Company assets. The Member must record such an in-kind distribution in the Company's books. The fair market value of the property must be determined before the distribution is made. The Member’s capital account shall be adjusted to reflect the value of the in-kind distribution.
Appears in 1 contract
Samples: Operating Agreement
In-Kind Distributions. Subject to Section 18-2028 8844 of the Act, the Company may make in-in- kind distributions of the Company assets. The Member must record such an in-kind distribution in the Company's books. The fair market value of the property must be determined before the distribution is made. The Member’s capital account shall be adjusted to reflect the value of the in-kind distribution.
Appears in 1 contract
Samples: Operating Agreement
In-Kind Distributions. Subject to Section 1857D-4-2028 04 of the Act, the Company may make in-kind distributions of the Company assets. The Member must record such an in-kind distribution in the Company's books. The fair market value of the property must be determined before the distribution is made. The Member’s capital account shall be adjusted to reflect the value of the in-kind distribution.
Appears in 1 contract
Samples: Operating Agreement
In-Kind Distributions. Subject to Section 1834-2028 255c of the Act, the Company may make in-kind distributions of the Company assets. The Member must record such an in-kind distribution in the Company's books. The fair market value of the property must be determined before the distribution is made. The Member’s capital account shall be adjusted to reflect the value of the in-kind distribution.
Appears in 1 contract
Samples: Operating Agreement
In-Kind Distributions. Subject to Section 1821-2028 133 of the Act, the Company may make in-kind distributions of the Company assets. The Member must record such an in-kind distribution in the Company's books. The fair market value of the property must be determined before the distribution is made. The Member’s capital account shall be adjusted to reflect the value of the in-kind distribution.
Appears in 1 contract
Samples: Operating Agreement
In-Kind Distributions. Subject to Section 18-2028 450.4306 of the Act, the Company may make in-kind distributions of the Company assets. The Member must record such an in-kind distribution in the Company's books. The fair market value of the property must be determined before the distribution is made. The Member’s capital account shall be adjusted to reflect the value of the in-kind distribution.
Appears in 1 contract
Samples: Operating Agreement