Restriction on Distributions. Notwithstanding any other provision in this Agreement, payment of distributions under Sections 9.2, 9.3 and 9.4 may be made by the Company only to the extent that such payment would not violate applicable financing or credit agreements of the Company, and no distribution may be made by the Company to any Member in violation of the Act (including Section 18-607 thereof).
Appears in 2 contracts
Samples: Joint Venture Agreement (Constellation Brands, Inc.), Joint Venture Agreement (Huneeus Vintners LLC)
Restriction on Distributions. Notwithstanding any other provision in this Agreement, payment of distributions under Sections 9.2, 9.3 and 9.4 Section 10.2 may be made by the Company only to the extent that such payment would not violate applicable financing agreements or credit agreements of the Company, and no distribution may be made by the Company to any Member in violation of the Act (including Section 18-607 thereof)) or any applicable law.
Appears in 2 contracts
Samples: Limited Liability Company Agreement (Constellation Brands, Inc.), Joint Venture Agreement (Constellation Brands, Inc.)
Restriction on Distributions. Notwithstanding any other provision in this Agreement, payment of distributions under Sections 9.2, 9.3 and 9.4 Section 6.2 may be made by the Company only to the extent that such payment would not violate applicable financing agreements or credit agreements of the Company, and no distribution may be made by the Company to any Member in violation of the Act (including Section 18-607 thereof)) or any applicable law.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Concha Y Toro Winery Inc)
