Application of Amounts upon the Liquidation of a Series. Subject to Section 7.3 and ARTICLE XI and any Interest Designation, any amounts available for distribution following the liquidation of a Series, net of any fees, costs and liabilities (as determined by the Managing Member in its sole discretion), shall be applied and distributed 100% to the Members (pro rata to their Interests and which, for the avoidance of doubt, may include the Managing Member and its Affiliates).
Appears in 30 contracts
Samples: Asset Management Agreement (Ark7 Properties Advance LLC), Limited Liability Company Agreement (Casa Shares Assets, LLC), Limited Liability Company Agreement (RSE Portfolio, LLC)
Application of Amounts upon the Liquidation of a Series. Subject to Section 7.3 and ARTICLE XI and any Interest Designation, any amounts available for distribution following the liquidation of a Series, net of any fees, costs and liabilities (as determined by the Managing Member in its sole discretion), shall be applied and distributed 100% to the Members (pro rata to their Interests and which, for the avoidance of doubt, may include the Managing Member and its Affiliates).as follows:
Appears in 6 contracts
Samples: Series Limited Liability Company Agreement (Mansion Collection I LLC), Limited Liability Company Agreement (Mission Property Holdings LLC), Limited Liability Company Agreement (Investment.com Collection LLC)
Application of Amounts upon the Liquidation of a Series. Subject to Section 7.3 and ARTICLE XI and any Interest Designation, any amounts available for distribution following the liquidation of a Series, net of any fees, costs and liabilities (as determined by the Managing Member in its sole discretion), shall be applied and distributed 100% to the Members (pro rata to their Interests and which, for the avoidance of doubt, may include the Managing Member and its AffiliatesAffiliates if the Managing Member or any Affiliates acquired Interests or received Interests as a Sourcing Fee or otherwise).
Appears in 4 contracts
Samples: Limited Liability Company Agreement (Tirios Propco Series LLC), Limited Liability Company Agreement (Tirios Propco Series LLC), Series Limited Liability Company Agreement (Tirios Propco Series LLC)
Application of Amounts upon the Liquidation of a Series. Subject to Section 7.3 and ARTICLE XI and any Interest Designation, any amounts available for distribution following the liquidation of a Series, net of any fees, costs and liabilities (as determined by the Managing Member Manager in its sole discretion), shall be applied and distributed 100% to the Members (pro rata to their Interests and which, for the avoidance of doubt, may include the Managing Member Manager and its Affiliates).
Appears in 2 contracts
Samples: Limited Liability Company Agreement (Fundhomes I, LLC), Limited Liability Company Agreement (Fundhomes 1, LLC)
Application of Amounts upon the Liquidation of a Series. Subject to Section 7.3 and ARTICLE XI and any Interest Designation, any amounts available for distribution following the liquidation of a Series, net of any fees, costs costs, expenses and liabilities (each of the foregoing as determined by the Managing Member in its sole discretion), shall be applied and distributed 100% to the Members of such Series (pro rata to in accordance with their Interests and which, for the avoidance of doubt, may include the Managing Member and its Affiliates).
Appears in 2 contracts
Samples: Limited Liability Company Agreement (RSE Innovation, LLC), Limited Liability Company Agreement (RSE Collection, LLC)
Application of Amounts upon the Liquidation of a Series. Subject to Section 7.3 7.03 and ARTICLE Article XI and any Interest Designation, any amounts available for distribution following the liquidation of a Series, net of any fees, costs and liabilities (as determined by the Managing Member in its sole discretion), shall be applied and distributed 100% to the Members (pro rata to their Interests and which, for the avoidance of doubt, may include the Managing Member and its Affiliates).as follows:
Appears in 2 contracts
Samples: Limited Liability Company Agreement (Otis Collection LLC), Limited Liability Company Agreement (Otis Gallery LLC)
Application of Amounts upon the Liquidation of a Series. Subject to Section 7.3 and ARTICLE XI and any Interest Designation, any amounts available for distribution following the liquidation of a Series, net of any fees, costs and liabilities (as determined by the Managing Member Manager in its sole discretion), shall be applied and distributed 100% seventy percent (70%) to the Economic Members (pro rata to their Interests and which, for the avoidance of doubt, may include the Managing Member Manager and its AffiliatesAffiliates if the Manager or any Affiliates acquired Interests or received Interests as a Sourcing Fee or otherwise), and thirty percent (30%) to the Manager.
Appears in 1 contract
Samples: Series Limited Liability Company Agreement (Emporium Realty Fund I, LLC)
Application of Amounts upon the Liquidation of a Series. Subject to Section 7.3 and ARTICLE Article XI and any Interest Series Designation, any amounts available for distribution following the liquidation of a Series, net of any fees, costs and liabilities (as determined by the Managing Member in its sole discretion), shall be applied and distributed 100% to the Members (pro rata to their Interests and which, for the avoidance of doubt, may include the Managing Member and its Affiliates).as follows:
Appears in 1 contract
Samples: Series Limited Liability Company Agreement (Ysmd, LLC)
Application of Amounts upon the Liquidation of a Series. Subject to Section 7.3 and ARTICLE XI and any Interest Designation, any amounts available for distribution following the liquidation of a Series, net of any fees, costs and liabilities (as determined by the Managing Member in its sole discretion), shall be applied and distributed one hundred percent (100% %) to the Members (pro rata to their Interests and which, for the avoidance of doubt, may include the Managing Member and its AffiliatesAffiliates if the Managing Member or any Affiliates acquired Interests).
Appears in 1 contract
Samples: Series Limited Liability Company Agreement (Paradyme Fund a Ii, LLC)
