Common use of Series Distribution General Principles Clause in Contracts

Series Distribution General Principles. (a) Although the Series do not intend to make Distributions in-kind, the Manager may, in its sole discretion, cause a Series to make Distributions of property of such Series in-kind pursuant to Section 7.9.

Appears in 5 contracts

Samples: Limited Liability Company Agreement, Limited Liability Company Agreement (Landa App LLC), Limited Liability Company Agreement

AutoNDA by SimpleDocs

Series Distribution General Principles. (a) Although the Series do not intend to make Distributions in-kind, the Manager may, in its sole discretion, cause a Series to make Distributions of property of such Series in-kind pursuant to Section 7.9.. Distributions may also be redirected under the terms of the Distribution Reinvestment Plan as described in Section 7.9(c)..

Appears in 1 contract

Samples: Operating Agreement (Landa App 3 LLC)

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.