Limitation on Foreclosure. To the maximum extent permitted by the Act, notwithstanding any showing that distributions under a charging order upon any economic interest of the Company will not pay the amount owed to the creditor within a reasonable time, no membership interest in the Company shall be subject to foreclosure.
Appears in 4 contracts
Samples: Operating Agreement (Urstadt Biddle Properties Inc), Operating Agreement (Hrti, LLC), Operating Agreement (Eaton Vance Corp)