Allocation and Distribution of Cash to Members Sample Clauses

Allocation and Distribution of Cash to Members. Cash from LLC business operations, as well as cash from a sale or other disposition of LLC capital assets, may be distributed from time to time to members in accordance with each member's percentage interest in the LLC, as may be decided by of the members.
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Allocation and Distribution of Cash to Members. Cash from River Edge business operations, as well as cash from any sale or other disposition of River Edge capital assets, may be distributed from time to time to Equity Member Households in accordance with each Equity Member Household’s Percentage Interest in River Edge, as may be decided by the Members.
Allocation and Distribution of Cash to Members. Cash from LLC’s trade secret intellectual property sale will be distributed to the sole member the LLC.
Allocation and Distribution of Cash to Members. The Members, by vote, will determine when and how cash from a sale or other disposition of LLC capital assets, may be allocated and distributed.

Related to Allocation and Distribution of Cash to Members

  • Allocations and Distributions The LLC's profits and losses shall be allocated to the Member. At the time determined by a majority of the Managers, the Managers may cause the LLC to distribute to the Member any cash held by it which is neither reasonably necessary for the operation of the LLC nor the performance of its contractual obligations, nor which is in violation of Sections 18-607 or 18-804 of the Act or any contractual agreement binding on the LLC.

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