Allocation of Noncash Distributions. If proceeds consist of property other than cash, the members shall decide the value of the property and allocate such value among the members in accordance with each member's percentage interest in the LLC. If such noncash proceeds are later reduced to cash, such cash may be distributed among the members as otherwise provided in this agreement.
Allocation of Noncash Distributions. If proceeds of business operations or any sale or other disposition of River Edge capital assets consist of property other than cash, the Members shall decide the value of the property and allocate such value among the Equity Member Households in accordance with each Equity Member Household’s Percentage Interest. If such noncash proceeds are later reduced to cash, such cash may be distributed among the Equity Member Households as provided in Section 3.7.
Allocation of Noncash Distributions. If proceeds consist of property other than cash from LLC’s trade secret intellectual property sale, the property will be distributed to the sole member the LLC.
