Common use of Offset; Costs and Expenses Clause in Contracts

Offset; Costs and Expenses. Whenever a Series is to pay any sum to any Member, any amounts that Member owes the Series may be deducted from that sum before payment.

Appears in 5 contracts

Samples: Limited Liability Company Agreement (RGC Resources Inc), Limited Liability Company Agreement (EQT Midstream Partners, LP), Limited Liability Company Agreement (RGC Resources Inc)

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Offset; Costs and Expenses. (a) Whenever a Series is to pay any sum to any Member, any amounts that Member owes the Series may be deducted from that sum before payment.

Appears in 1 contract

Samples: Limited Liability Company Agreement (EQT Corp)

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Offset; Costs and Expenses. (d) Whenever a Series is to pay any sum to any Member, any amounts that Member owes the Series may be deducted from that sum before payment.

Appears in 1 contract

Samples: Limited Liability Company Agreement (EQT Corp)

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