No Restoration of Funds. Except as provided in Section 6.05(c) and Section 6.05(d), no Member shall be required to restore to the Venture any funds properly distributed to such Member pursuant to any of the provisions of this Section 6.05 or Section 11.03 unless required by applicable law.
Appears in 4 contracts
Samples: Limited Liability Company Agreement (NorthStar Healthcare Income, Inc.), Limited Liability Company Agreement (NorthStar Healthcare Income, Inc.), Portfolio Acquisition Agreement and Interest Purchase and Sale Agreement (Northstar Realty Finance Corp.)
No Restoration of Funds. Except as provided in Section 6.05(c) and Section 6.05(d6.05(b), no Member shall be required to restore to the Venture LLC any funds properly distributed to such Member pursuant to any of the provisions of this Section 6.05 or Section 11.03 unless required by applicable lawLegal Requirements.
Appears in 1 contract
Samples: Operating Agreement (Reckson Associates Realty Corp)
No Restoration of Funds. Except as provided in Section 6.05(c) and Section 6.05(d6.05(b), no Member shall be required to restore to the Venture LLC any funds properly distributed to such Member pursuant to any of the provisions of this Section 6.05 or Section 11.03 unless required by applicable law.11.03
Appears in 1 contract
Samples: Operating Agreement (Reckson Operating Partnership Lp)
No Restoration of Funds. Except as provided in Section 6.05(c) and Section 6.05(d), no Member shall be required to restore to the Venture any funds properly distributed to such Member pursuant to any of the provisions of this Section 6.05 or Section 11.03 unless required by applicable law.
Appears in 1 contract
Samples: Limited Liability Company Agreement (NorthStar Healthcare Income, Inc.)
No Restoration of Funds. Except as provided in Section 6.05(cSections 6.05(b) and Section 6.05(d6.05(c), no Member shall be required to restore to the Venture LLC any funds properly distributed to such Member pursuant to any of the provisions of this Section 6.05 or pursuant to Section 11.03 11.03, unless required by applicable law.
Appears in 1 contract
Samples: Operating Agreement (Reckson Operating Partnership Lp)
