Common use of Limitation Upon Distributions Clause in Contracts

Limitation Upon Distributions. No distributions shall be made to Members in violation of the Act or any other applicable law.

Appears in 6 contracts

Samples: Limited Liability Company Agreement (CBL & Associates Limited Partnership), Limited Liability Company Agreement (CBL & Associates Limited Partnership), Limited Liability Company Agreement (CBL & Associates Limited Partnership)

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Limitation Upon Distributions. No distributions shall be made to Members in violation of the Act or any other applicable lawMember if prohibited by the Act.

Appears in 4 contracts

Samples: LLC Operating Agreement (Medical Evaluation Specialists), Operating Agreement (Medical Evaluation Specialists), Limited Liability Company Agreement (AGY Holding Corp.)

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