Other Rules Governing Distributions. No distribution prohibited by 6 Del. C. §18-607 or not specifically authorized under this Agreement shall be made by the Company to any Member in his or its capacity as a Member. A Member who receives a distribution prohibited by 6 Del. C. §18-607 shall be liable as provided therein.
Appears in 22 contracts
Samples: Limited Liability Company Agreement (Multi-Housing Income REIT, LLC), Limited Liability Company Agreement (Multi-Housing Income REIT, Inc.), Limited Liability Company Agreement (Energea Portfolio 3 Africa LLC)
Other Rules Governing Distributions. No distribution prohibited by 6 Del. C. §18-607 or not specifically authorized under this Agreement shall be made by the Company to any Member in his or its capacity as a Member. A Member who receives a distribution prohibited by 6 Del. C. §18-607 shall be liable as provided therein.. P a g e | 5
Appears in 10 contracts
Samples: Limited Liability Company Agreement (Nv Reit LLC), Limited Liability Company Agreement (Nv Reit LLC), Limited Liability Company Agreement (DF Growth REIT II, LLC)
Other Rules Governing Distributions. No distribution distributions prohibited by 6 Del. C. §18-607 or not specifically authorized under this Agreement shall be made by the Company to any Member in his his, her or its capacity as a Member. A Member who receives a distribution prohibited by 6 6. Del. C. §18-607 shall be liable as provided therein.
Appears in 2 contracts
Samples: Limited Liability Company Agreement (Concreit Fund I LLC), Limited Liability Company Agreement (Concreit Fund I LLC)
Other Rules Governing Distributions. No distribution prohibited by 6 Del. C. §18-18- 607 or not specifically authorized under this Agreement shall be made by the Company to any Member in his or its capacity as a Member. A Member who receives a distribution prohibited by 6 Del. C. §18-607 shall be liable as provided therein.
Appears in 1 contract
Samples: Limited Liability Company Agreement
Other Rules Governing Distributions. No distribution prohibited by 6 Del. C. §18-607 or not specifically authorized under this Agreement shall be made by the Company to any Member in his or its capacity as a Member. A Member who receives a distribution prohibited by 6 Del. C. §18-607 shall be liable as provided therein.. P a g e | 6
Appears in 1 contract
Samples: Limited Liability Company Agreement (Mysk Orlando Growth Fund LLC)
Other Rules Governing Distributions. No distribution prohibited by 6 Del. C. A.R.S. §1829-607 3405 or not specifically authorized under this Agreement shall be made by the Company to any Member in his or its capacity as a Member. A Member who receives a distribution prohibited by 6 Del. C. A.R.S. §1829-607 3405 shall be liable as provided thereinin A.R.S. §29-3406.
Appears in 1 contract
Samples: Venture on Country Club
Other Rules Governing Distributions. No distribution prohibited by 6 Del. C. §18-§18- 607 or not specifically authorized under this Agreement shall be made by the Company to any Member in his or its capacity as a Member. A Member who receives a distribution prohibited by 6 Del. C. §18§18-607 shall be liable as provided therein.
Appears in 1 contract
Samples: Limited Liability Company Agreement
