Common use of Termination of Status of Adviser and Directors Transfers and Repurchases Clause in Contracts

Termination of Status of Adviser and Directors Transfers and Repurchases. 15 4.1 Termination of Status of the Adviser 15 4.2 Termination of Status of a Director 15 4.3 Removal of the Directors 15 4.4 Transfer of Interests of Members 15 4.5 Repurchase of Interests 16 ARTICLE V CAPITAL 18 5.1 Contributions to Capital 18 5.2 Rights of Members to Capital 18 5.3 Capital Accounts 19 5.4 Allocation of Net Profit and Loss 19 5.5 Allocation of Certain Withholding Taxes and Other Expenditures 19 5.6 Reserves 20 5.7 Tax Allocations 21 5.8 Distributions 21

Appears in 1 contract

Samples: Limited Liability Company Agreement (SCS Hedged Opportunities Fund, LLC)

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