Common use of Alternate Distributions Clause in Contracts

Alternate Distributions. Any distributions to the Members, pursuant to Sections 8.05(c), 9.03(c) or in any transaction in which all of the Preferred Units are acquired, redeemed or otherwise cancelled, shall be distributed as follows: (a) first, one hundred percent (100%) to the Senior Preferred Members, pro rata in accordance with their Senior Preferred Units, until they have received in the aggregate pursuant to prior distributions under Section 5.02 and distributions under this Section 5.03(a), an amount equal to the sum of the Senior Preferred Return for the then current quarter and the Senior Liquidation Preference; (b) second, one hundred percent (100%) to the Junior Preferred Members, pro rata in accordance with their Junior Preferred Units, until they have received in the aggregate pursuant to prior distributions under Section 5.02 and distributions under this Section 5.03(b), an amount equal to the sum of the Junior Preferred Return for the then current quarter and the Junior Liquidation Preference; and (c) third, one hundred percent (100%) to the Common Members pro rata in accordance with their Common Units, until they have received in the aggregate, pursuant to prior distributions under Section 5.02 and Section 5.06 and distributions under this Section 5.03(c), an amount equal to the sum of (i) $6 billion and (ii) the amount of any Capital Contributions (other than the Initial Capital Contribution) made by the Common Members from time to time; and (d) fourth, ninety-five percent (95%) to the Common Members pro rata in accordance with their Common Units and five percent (5%) to the Junior Preferred Members, pro rata in accordance with their Junior Preferred Units.

Alternate Distributions. Any distributions to the Members, pursuant to Sections 8.05(c), 9.03(c) or in any transaction in which all of the Preferred Units are acquired, redeemed or otherwise cancelled, shall be distributed as follows: (a) first, one hundred percent (100%) to the Senior Preferred Members, pro pro- rata in accordance with their Senior Preferred Units, until they have received in the aggregate pursuant to prior distributions under Section 5.02 and distributions under this Section 5.03(a), an amount equal to the sum of the Senior Preferred Return for the then current quarter and the Senior Liquidation Preference; (b) second, one hundred percent (100%) to the Junior Preferred Members, pro pro-rata in accordance with their Junior Preferred Units, until they have received in the aggregate pursuant to prior distributions under Section 5.02 and distributions under this Section 5.03(b), an amount equal to the sum of the Junior Preferred Return for the then current quarter and the Junior Liquidation Preference; and (c) third, one hundred percent (100%) to the Common Members pro pro-rata in accordance with their Common Units, until they have received in the aggregate, pursuant to prior distributions under Section 5.02 and Section 5.06 and distributions under this Section 5.03(c), an amount equal to the sum of (i) $6 billion and (ii) the amount of any Capital Contributions (other than the Initial Capital Contribution) made by the Common Members from time to time; and (d) fourth, ninety-five percent (95%) to the Common Members pro pro-rata in accordance with their Common Units and five percent (5%) to the Junior Preferred Members, pro pro-rata in accordance with their Junior Preferred Units.

Alternate Distributions. Any distributions to the Members, pursuant to Sections 8.05(c), 9.03(c) or in any transaction in which all of the Preferred Units are acquired, redeemed or otherwise cancelled, shall be distributed as follows: (a) first, one hundred percent (100%) to the Senior Preferred Members, pro pro-rata in accordance with their Senior Preferred Units, until they have received in the aggregate pursuant to prior distributions under Section 5.02 and distributions under this Section 5.03(a), an amount equal to the sum of the Senior Preferred Return for the then current quarter and the Senior Liquidation Preference; (b) second, one hundred percent (100%) to the Junior Preferred Members, pro pro-rata in accordance with their Junior Preferred Units, until they have received in the aggregate pursuant to prior distributions under Section 5.02 and distributions under this Section 5.03(b), an amount equal to the sum of the Junior Preferred Return for the then current quarter and the Junior Liquidation Preference; and (c) third, one hundred percent (100%) to the Common Members pro pro-rata in accordance with their Common Units, until they have received in the aggregate, pursuant to prior distributions under Section 5.02 and Section 5.06 and distributions under this Section 5.03(c), an amount equal to the sum of (i) $6 billion and (ii) the amount of any Capital Contributions (other than the Initial Capital Contribution) made by the Common Members from time to time; and (d) fourth, ninety-five percent (95%) to the Common Members pro pro-rata in accordance with their Common Units and five percent (5%) to the Junior Preferred Members, pro pro-rata in accordance with their Junior Preferred Units.