Common use of Allocation of Profits and Losses Distributions Clause in Contracts

Allocation of Profits and Losses Distributions. (a) Each Member will share in the Company’s profits and losses in accordance with its Percentage Interest and the terms of this Operating Agreement. (b) Subject to applicable law and any limitations contained elsewhere in this Operating Agreement, the Manager may elect from time to time to distribute Distributable Cash to the Members, which distributions shall be in proportion to each Member’ Percentage Interest; provided, however, that any distributions of Distributable Cash shall first go to any Members who have funded Shortfall Additional Capital Contributions (in accordance with such Members' Percentage Interests). (c) Notwithstanding Article V(b) above, the Manager shall, in any event, make distributions of Distributable Cash (if any) to the Members each fiscal quarter as set forth in Article IV(c) above and to each of the Members upon any Dissolution Event (as hereinafter defined) pursuant to article XI(c) hereof.

Allocation of Profits and Losses Distributions. (a) Each Member will share in the Company’s profits and losses in accordance with its Percentage Interest and the terms of this Operating Agreement. (b) Subject to applicable law and any limitations contained elsewhere in this Operating Agreement, the Manager may elect from time to time to distribute Distributable Cash to the Members, which distributions shall be in proportion to each Member’ Percentage Interest; provided, however, that any distributions of Distributable Cash shall first go to any Members who have funded Shortfall Additional Capital Contributions (in accordance with such Members' Percentage Interests). (c) Notwithstanding Article V(b) above, the Manager shall, in any event, make distributions of Distributable Cash (if any) to the Members each fiscal quarter as set forth in Article IV(c) above and to each of the Members upon any Dissolution Event (as hereinafter defined) pursuant to article XI(c) hereof. (d) Distributions will be made quarterly as follows: