Overwithholding. None of the Company or the Managing Member shall be liable for any excess taxes withheld and remitted in respect of any Non-Managing Member’s Interest, and, in the event of overwithholding, a Non-Managing Member’s sole recourse shall be to apply for a refund from the appropriate governmental authority.
Appears in 4 contracts
Samples: Limited Liability Company Agreement (Brookfield Asset Management Inc.), Limited Liability Company Agreement (Brookfield Asset Management Inc.), Limited Liability Company Agreement (Brookfield Retail Holdings LLC)
Overwithholding. None of the Company Company, the Managers or the Managing Member shall other Members will be liable for any excess taxes withheld and remitted in respect of any Non-Managing Member’s Membership Interest, and, in . In the event of overwithholding, a Non-Managing Member’s sole recourse shall will be to apply for a refund from the appropriate governmental authority.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Vinco Ventures, Inc.)
