Limits on Distributions. Notwithstanding any provision to the contrary contained in this Agreement, the Company shall not make a distribution to any Member with respect to such Member's interest if such distribution would violate Section 18-607 of the Act or other applicable law.
Appears in 5 contracts
Samples: Limited Liability Company Agreement (Grand Canal Shops Mall Construction LLC), Limited Liability Company Agreement (Grand Canal Shops Mall Construction LLC), Limited Liability Company Agreement (Mobile Field Office Co)
Limits on Distributions. Notwithstanding any provision to the contrary contained in this Agreement, the Company shall not make a distribution to any Member with respect to such Member's interest if such distribution would violate Section 18-607 of the Act or other applicable law.
Appears in 2 contracts
Samples: Limited Liability Company Agreement (Venetian Casino Resort LLC), Limited Liability Company Agreement (Grand Canal Shops Mall Construction LLC)
Limits on Distributions. Notwithstanding any provision to the contrary contained in this Agreement, the Company shall not make a distribution to any Member with respect to such Member's interest if such distribution would violate Section 18-607 of the Act or other applicable law.
Appears in 1 contract
Limits on Distributions. Notwithstanding any provision to the contrary contained in this Agreement, the Company shall not make a distribution to any Member with respect to such Member's ’s interest if such distribution would violate Section 18-607 of the Act or other applicable law.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Williams Scotsman Inc)
Limits on Distributions. Notwithstanding any provision to the contrary contained in this Agreement, the Company shall not make a distribution to any Member with respect to such Member's ’s interest if such distribution would violate Section 18-607 of the Act or other applicable law.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Venetian Casino Resort LLC)
