Common use of Allocation of Distributions Clause in Contracts

Allocation of Distributions. The distributions of the Company shall, subject to the applicable terms of Sections 7.1, 9.1, 9.2, 9.3, 15.4 and 15.5 of this Agreement and of any series of Preferred Securities (including the preferential allocation of distributions, if any), be allocated entirely to the Common Member.

Appears in 3 contracts

Samples: Limited Liability Company Agreement (Cellnet Data Systems Inc), Limited Liability Company Agreement (Cellnet Data Systems Inc), Limited Liability Company Agreement (Icg Funding LLC)

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Allocation of Distributions. The distributions of the Company shall, subject to the applicable terms of Sections 7.1, 9.1, 9.2, 9.3, 9.3 and 15.4 and 15.5 of this Agreement and of any series of Preferred Securities (including the preferential allocation of distributions, if any), be allocated entirely to the Common MemberMembers.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Morgan J P & Co Inc)

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