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 10 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 Auto Receivables 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 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 8.4, 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 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)