Maximum Award. The maximum amount a party may seek during mediation or be awarded by an arbitrator is the amount equal to the party’s Unreturned Capital Contributions and any Cash Distributions or interest to which the party may be entitled. An arbitrator will have no authority to award punitive or other damages.
Appears in 38 contracts
Samples: Limited Liability Company Agreement (Mission First Capital LLC), Amended Operating Agreement (Holiday Lifestyle Fund I), Limited Liabiltiy Company Agreement (Mission First Capital LLC)
Maximum Award. The maximum amount a party may seek during mediation or be awarded by an arbitrator is the amount equal to the party’s Unreturned Capital Contributions and any Distributable Cash Distributions or interest to which the party may be entitled. An arbitrator will have no authority to award punitive or other damages.
Appears in 12 contracts
Samples: Operating Agreement (Central Park Fund 1, LLC), Operating Agreement (Central Park Fund I, LLC), Operating Agreement (Cardone Equal Opportunity Fund 2, LLC)
Maximum Award. The maximum amount a party may seek during mediation or be awarded by an arbitrator is the amount equal to the party’s partys Unreturned Capital Contributions and any Cash Distributions or interest to which the party may be entitled. An arbitrator will have no authority to award punitive or other damages.
Appears in 8 contracts
Samples: Subscription Agreement (Gilmore Homes - Gilmore Loans, LLC), Subscription Agreement (Gilmore Homes - Gilmore Loans, LLC), Subscription Agreement (Gilmore Homes - Gilmore Loans, LLC)
Maximum Award. The maximum amount a party may seek during mediation or be awarded by an arbitrator is the amount equal to the party’s Unreturned Capital Contributions and any Cash Distributions or interest Interest to which the party may be entitled. An arbitrator will have no authority to award punitive or other damages. - AAA Commercial Mediation or Arbitration Rules. Any Dispute submitted for mediation or arbitration shall be subject to the AAA’s Commercial Mediation or Arbitration Rules. If there is a conflict between the Rules and this Article, the Article shall be controlling.
Appears in 1 contract
Samples: Series Limited Liability Company Agreement (VV Markets LLC)
Maximum Award. The maximum amount a party may seek during mediation or be awarded by an arbitrator is the amount equal to the party’s Unreturned Capital Contributions and any Cash Distributions or interest to which the party may be entitled. An arbitrator will have no authority to award punitive or other damages.. Paradyme Equities, LLC Company Agreement
Appears in 1 contract
Maximum Award. The maximum amount a party may seek during mediation or be awarded by an arbitrator is the amount equal to the party’s Unreturned Capital Contributions and any Cash Distributions or interest Interest to which the party may be entitled. An arbitrator will have no authority to award punitive or other damages.
Appears in 1 contract
