Restricted Distributions. Notwithstanding any provision to the contrary contained in this Agreement, neither the Company nor the Managing Member, on behalf of the Company, shall make a distribution to any Holder if such distribution would violate the Act or other applicable law.
Appears in 22 contracts
Samples: Operating Agreement (Lineage, Inc.), Operating Agreement (Lineage, Inc.), Operating Agreement (Healthpeak Properties, Inc.)
Restricted Distributions. Notwithstanding any provision anything to the contrary contained in this Agreementherein, neither the Company nor Company, and the Managing Member, Board of Managers on behalf of the Company, shall not make a distribution to any Holder Member if such distribution would violate the Act or other applicable lawLaw.
Appears in 13 contracts
Samples: Limited Liability Company Agreement, Limited Liability Company, Purchase Agreement
Restricted Distributions. Notwithstanding any provision to the contrary contained in this Agreement, neither the Company nor the Managing Member, on behalf of the Company, shall make a distribution to any Holder Member on account of its Membership Interest or interest in LLC Units if such distribution would violate Section 18-607 of the Act or other applicable law.
Appears in 12 contracts
Samples: Guaranty Agreement (Healthpeak Properties, Inc.), Limited Liability Company Agreement (Hcp, Inc.), Limited Liability Company Agreement (Hcp, Inc.)
Restricted Distributions. Notwithstanding any provision anything to the contrary contained in this Agreementherein, neither the Company nor Company, and the Managing Member, Member on behalf of the Company, shall not make a distribution to any Holder Member if such distribution would violate the Act or other applicable law.
Appears in 7 contracts
Samples: Operating Agreement (Cannae Holdings, Inc.), Limited Liability Company Agreement (J. Alexander's Holdings, Inc.), Limited Liability Company Agreement (J. Alexander's Holdings, Inc.)
Restricted Distributions. Notwithstanding any provision anything to the contrary contained in this Agreementherein, neither the Company nor Company, and the Managing Member, Board of Managers on behalf of the Company, shall not make a distribution to any Holder Member on account of its Units if such distribution would violate the Act or other applicable law.
Appears in 7 contracts
Samples: Limited Liability Company Agreement (STR Holdings LLC), Agreement and Plan of Merger (STR Holdings, Inc.), Joinder Agreement (STR Holdings (New) LLC)
Restricted Distributions. Notwithstanding any provision to the contrary contained in this Agreement, neither the Company nor the Managing Member, on behalf of the Company, shall not make a distribution to any Holder Member on account of such Member’s Interest in the Company if such distribution would violate Section 18-607 of the Act or other applicable lawLaw.
Appears in 6 contracts
Samples: Limited Liability Company Agreement, Limited Liability Company Agreement (PennyMac Financial Services, Inc.), Limited Liability Company Agreement (ZAIS Group Holdings, Inc.)
Restricted Distributions. Notwithstanding any provision anything to the contrary contained in this Agreementherein, neither the Company nor the Managing MemberBoard of Managers, on behalf of the Company, shall make a distribution to any Holder Member if such distribution would violate the Act or other applicable lawLaw.
Appears in 3 contracts
Samples: Limited Liability Company Agreement (Amicus Therapeutics, Inc.), Limited Liability Company Agreement (ARYA Sciences Acquisition Corp IV), Joinder Agreement (Digital Media Solutions, Inc.)
Restricted Distributions. Notwithstanding any provision anything to the contrary contained in this Agreementherein, neither the Company nor Company, and the Managing Member, Board on behalf of the Company, shall not make a distribution to any Holder Member if such distribution would violate the Act or other applicable law.
Appears in 3 contracts
Samples: Limited Liability Company Agreement (Cannae Holdings, Inc.), Limited Liability Company Agreement (Black Knight, Inc.), Limited Liability Company Agreement (Black Knight, Inc.)
Restricted Distributions. Notwithstanding any provision to the contrary contained in this Agreement, neither the Company nor the Managing Member, on behalf of the Company, shall make a distribution to any Holder Member on account of its Membership Interest or interest in LLC Units if such distribution would violate Section 18- 607 of the Act or other applicable law.
Appears in 3 contracts
Samples: Limited Liability Company Agreement (Bre Properties Inc /Md/), Limited Liability Company Agreement (Health Care Property Investors Inc), Limited Liability Company Agreement (Bre Properties Inc /Md/)
Restricted Distributions. Notwithstanding any provision to the contrary contained in this Agreement, neither the Company nor the Managing Member, on behalf of the Company, shall make a distribution to any Holder Member on account of its Membership Interest or interest in LLC Units if such distribution would violate the Act or other applicable law.
Appears in 2 contracts
Samples: Limited Liability Company Agreement (Inland Real Estate Corp), Limited Liability Company Agreement (Inland Real Estate Corp)
Restricted Distributions. Notwithstanding any provision to the contrary contained in this Agreement, neither the Company nor the Managing MemberManager, on behalf of the Company, shall make a distribution to any Holder if such distribution would violate the Act or other applicable law.
Appears in 2 contracts
Samples: Limited Liability Company Agreement (Alexander & Baldwin, Inc.), Operating Agreement (Five Point Holdings, LLC)
Restricted Distributions. Notwithstanding any provision to the contrary contained in this Agreement, neither the Company nor the Managing MemberBoard, on behalf of the Company, shall make a distribution to any Holder if such distribution would violate the Act or other applicable law.
Appears in 2 contracts
Samples: Limited Liability Company Agreement (Mobile Infrastructure Corp), Limited Liability Company Agreement (Mobile Infrastructure Corp)
Restricted Distributions. Notwithstanding any provision to the contrary contained in this Agreement, neither the Company nor Company, and the Managing Member, Manager on behalf of the Company, shall not make a distribution to any Holder Member on account of such Member's interest in the Company if such distribution would violate the Act or other applicable law.
Appears in 2 contracts
Samples: Development Agreement (Ambase Corp), Limited Liability Company Agreement (Ambase Corp)
Restricted Distributions. Notwithstanding any provision anything to the contrary contained in this Agreementherein, neither the Company nor Company, and the Managing Member, Board of Managers on behalf of the Company, shall not make a distribution to any Holder Member if such distribution would violate the Act or other applicable law.
Appears in 2 contracts
Samples: Contribution Agreement (Trxade Group, Inc.), Limited Liability Company Agreement (Trxade Group, Inc.)
Restricted Distributions. Notwithstanding any provision to the contrary contained in this Agreement, neither the Company nor the Managing Member, on behalf of the Company, shall not make a any distribution to any CARET Holder in respect of its CARET Units if such distribution would violate the Act or other applicable law.
Appears in 1 contract
Restricted Distributions. Notwithstanding any provision to the contrary contained in this Agreement, neither the Company nor the Operating Managing Member, on behalf of the Company, shall make a distribution to any Holder if such distribution would violate the Act or other applicable law.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Five Point Holdings, LLC)
Restricted Distributions. Notwithstanding any provision to the contrary contained in this Agreement, neither the Company nor Company, and the Managing Member, Directors on behalf of the Company, shall not make a distribution to any Holder Member on account of its interest in the Company if such distribution would violate Section 18-607 of the Act or other applicable law.
Appears in 1 contract
Samples: Limited Liability Company Investment Agreement (American Well Corp)
Restricted Distributions. Notwithstanding any provision to the contrary contained in this Agreement, neither the Company nor Company, and the Managing Member, Member on behalf of the Company, shall not make a distribution to any Holder Member on account of its interest in the Company if such distribution would violate the Act or other applicable law.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Reckson Operating Partnership Lp)
Restricted Distributions. Notwithstanding any provision to the contrary contained in this Agreement, neither the Company nor the Managing Member, on behalf of the Company, shall make a distribution to any Holder if such distribution would violate the Act or other applicable lawLaw.
Appears in 1 contract
Restricted Distributions. Notwithstanding any provision to the contrary contained in this Agreement, neither the Company nor and the Managing MemberManager, on behalf of the Company, shall not make a distribution to any Holder Member on account of its interest in the Company if such distribution would violate the Act or other applicable law.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Nexpoint Diversified Real Estate Trust)
