Common use of Application of Liquidation Proceeds Clause in Contracts

Application of Liquidation Proceeds. All proceeds from liquidation of the Company’s assets shall be applied and distributed in the following order of priority:

Appears in 10 contracts

Samples: Operating Agreement (Capmark Affordable Properties LLC), Operating Agreement (Capmark Affordable Properties LLC), Operating Agreement (Capmark Affordable Properties LLC)

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Application of Liquidation Proceeds. All The proceeds from liquidation of sale and all other assets of the Company’s assets Company shall be applied and distributed in the following order of priority:

Appears in 9 contracts

Samples: Limited Liability Company Agreement (Rhino Equity LLC), Limited Liability Company Agreement (Tarantula Ventures LLC), Limited Liability Company Agreement (Tarantula Ventures LLC)

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