Common use of Reserve Clause in Contracts

Reserve. Notwithstanding anything to the contrary in Section 8.4, the liquidator may retain such amount as it deems necessary as a reserve for any contingent, conditional or unmatured liabilities or obligations of the Company, which reserve, after the passage of a reasonable period of time as determined by the liquidator, shall be distributed in accordance with this Article VIII.

Appears in 9 contracts

Samples: Limited Liability Company Agreement (World Omni Auto Receivables LLC), Limited Liability Company Agreement (World Omni Auto Receivables LLC), Limited Liability Company Agreement (World Omni 1998-a Automobile Lease Securitization Trust)

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Reserve. Notwithstanding anything to the contrary in Section 8.4foregoing provisions, the liquidator may retain such amount as it deems necessary as a reserve for any contingent, conditional or unmatured contingent liabilities or obligations of the Company, which reserve, after the passage of a reasonable period of time as determined by the liquidatortime, shall be distributed in accordance with pursuant to the provisions of this Article VIII7.

Appears in 9 contracts

Samples: Company Agreement (ROX Financial LP), Company Agreement (ROX Financial LP), Limited Liability Agreement (JMP Group LLC)

Reserve. Notwithstanding anything to the contrary in Section 8.4provisions of Sections 11.4 ------- and 11.5, the liquidator may retain such amount as it deems necessary as a reserve for any contingent, conditional or unmatured contingent liabilities or obligations of the Company, which reserve, after the passage of a reasonable period of time as determined by the liquidatortime, shall be distributed in accordance with pursuant to the provisions of this Article VIIIXI.

Appears in 5 contracts

Samples: Limited Liability Company Agreement (Plug Power Inc), Limited Liability Company Agreement (Plug Power Inc), Limited Liability Company Agreement (Plug Power Inc)

Reserve. Notwithstanding anything to the contrary in Section 8.4, the liquidator may retain such amount as it deems necessary as a reserve for any contingent, conditional or unmatured liabilities or obligations of the Company, which reserve, after the passage of a reasonable period of time as determined by the liquidator, shall be distributed in accordance with this Article VIII.

Appears in 4 contracts

Samples: Limited Liability Company Agreement (World Omni LT), Limited Liability Company Agreement (World Omni LT), Limited Liability Company Agreement (World Omni LT)

Reserve. Notwithstanding anything to the contrary in provisions of Section 8.46.3(a) and Section 6.3(b), the liquidator may retain such any amount as it that the liquidator reasonably deems necessary as a reserve for any contingent, conditional or unmatured contingent liabilities or obligations of the Company, which reserve. These funds shall, after the passage of a reasonable period of time as determined by the liquidatortime, shall be distributed Distributed in accordance with the provisions of this Article VIII6.

Appears in 3 contracts

Samples: Operating Agreement (Quad/Graphics Kingsport LLC), Operating Agreement (Quad/Graphics Kingsport LLC), Operating Agreement (Quad/Graphics Kingsport LLC)

Reserve. Notwithstanding anything to the contrary in Section 8.4foregoing provisions, the liquidator may retain such amount as it deems necessary as a reserve for any contingent, conditional or unmatured contingent liabilities or obligations of the Company, which reserve, after the passage of a reasonable period of time as determined by the liquidatortime, shall be distributed in accordance with pursuant to the provisions of this Article VIIIArticle.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Atlantic Oklahoma Wind, LLC)

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Reserve. Notwithstanding anything to the contrary in Section 8.4provisions of Sections 10.4 and 10.5, the liquidator may retain such amount as it deems necessary as a reserve for any contingent, conditional or unmatured contingent liabilities or obligations of the Company, which reserve, after the passage of a reasonable period of time as determined by the liquidatorperiod, shall be distributed in accordance with pursuant to the provisions of this Article VIIIArticle.

Appears in 1 contract

Samples: Operating Agreement (RQI Holdings, LLC)

Reserve. Notwithstanding anything to the contrary in Section 8.4, the The liquidator may retain such amount as it deems necessary as a reserve for any contingent, conditional or unmatured contingent liabilities or obligations of the Company, which reserve, after the passage of a reasonable period of time as determined by the liquidatortime, shall be distributed in accordance with pursuant to the provisions of this Article VIIIXIV.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Candlewood Hotel Co Inc)

Reserve. Notwithstanding anything to the contrary in Section 8.4provisions of Sections 9.4 and 9.5, the liquidator may retain such amount as it deems necessary as a reserve for any contingent, conditional or unmatured contingent liabilities or obligations of the Company, which reserve, after the passage of a reasonable period of time as determined by the liquidatortime, shall be distributed in accordance with pursuant to the provisions of this Article VIIIIX.

Appears in 1 contract

Samples: Operating Agreement (Navtrans International Freight Forwarding Inc)

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