Common use of Limitation Upon Distributions Clause in Contracts

Limitation Upon Distributions. No distribution shall be made to Members if prohibited by the Delaware Act.

Appears in 7 contracts

Samples: Limited Liability Company Agreement (Sitestar Corp), Limited Liability Company Operating Agreement (Moody National REIT I, Inc.), Limited Liability Company Agreement

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Limitation Upon Distributions. No distribution shall be made to Members if prohibited by Section 18-607 of the Delaware Act.

Appears in 6 contracts

Samples: Operating Agreement (Cooke Bros Holdings LTD), Operating Agreement (Behringer Harvard Opportunity REIT II, Inc.), Operating Agreement (Inland Western Retail Real Estate Trust Inc)

Limitation Upon Distributions. No distribution distributions shall be made to Members the Member if prohibited by the Delaware Act.

Appears in 5 contracts

Samples: Operating Agreement (Outfront Media Minnesota LLC), Operating Agreement (Outfront Media Minnesota LLC), Operating Agreement (Outfront Media Minnesota LLC)

Limitation Upon Distributions. No distribution distributions shall be made to the Members if prohibited by the Delaware Act.

Appears in 2 contracts

Samples: Limited Liability Company Operating Agreement (Shipyard River Coal Terminal Co), Limited Liability (Shipyard River Coal Terminal Co)

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Limitation Upon Distributions. No distribution shall be made to the Members if prohibited by the Delaware Act.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Orion Office REIT Inc.)

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