Applications and Distributions. With respect to the Series 2010-3 Note, the following shall apply:
Applications and Distributions. (a) The Company will distribute Available Cash for each Fiscal Year (other than the Fiscal Year in which the Company liquidates) in accordance with Section 10.1(b), (c), (d) or (e), as applicable; provided that the Manager may reserve amounts for potential or pending litigation and other actual or potential liabilities in such amounts and for such period of time (not to exceed five (5) years from the final sale of Interests) as the Manager deems appropriate. Subject to this Section 10.1(a), the Company will make any such distributions to the Members in accordance with Section 10.1(b), (c), (d) or (e), as applicable. In applying the terms of Sections 10.1(b) and (c), (i) until a particular priority has been satisfied in full, no amounts will be distributable under any junior priority, (ii) the Members identified at each level of priority shall receive distributions at the same time without preference or priority of one Member over another until all Members at that level have received the full amount to which they are entitled and before any distributions are made or paid to any Members for amounts in a lower level of priority and (iii) all amounts distributable under a particular priority will be prorated among the Members in the manner specified within the priority, and the method of proration applied to each dollar distributable in that priority will be the same until that priority is satisfied in full.
Applications and Distributions. (a) Distributions of Available Cash (subject to all restrictions contained in the definition of such term) for each quarter shall be made to the Partners by the Administering General Partner on behalf of the Partnership in accordance with Section 8.1(b) within 60 days after the end of such quarter of each Fiscal Year.
Applications and Distributions. 20 With respect to the Series 2013-G1 Note, the following shall apply:
Applications and Distributions. (a) Distributions shall be made by the Manager to the Members of all or a portion of Available Cash as determined by the Management Committee (such amount, the "Distribution Amount") in accordance with Section 7.1(b) and (c) within thirty (30) days after the end of each quarter of each Fiscal Year. The Members acknowledge and agree that the Company shall make distributions to the Members in an amount at least sufficient to provide WCPT the amount that WCPT would be required to distribute to its shareholders, on account of taxable income of the Company allocable to WCPT, so that WCPT is able to satisfy the distribution requirements of a real estate investment trust with respect to such taxable income.
Applications and Distributions. (a) Distributions shall be made by the Manager to the Members of all or a portion of Available Cash as determined by the Management Committee (such amount, the "Distribution Amount") in accordance with Section 7.1(b) through (g) within thirty (30) days after the end of each quarter of each
Applications and Distributions. (a) Distributions of Available Cash Flow and Available Capital Event Proceeds shall be made to the Members by Whitehall Street on behalf of the Company in accordance with Section 8.1(b) and Section 8.1(c) within sixty (60) days after the end of each quarter of each Fiscal Year, subject to the terms of any indebtedness of the Company to the contrary. Excluding the payments set forth in Sections 8.1(b)(i) and 8.1(c)(i) which such payments shall have priority over the items listed in Sections 8.1(a)(i), (ii), (iii), (iv), (v) and (vi) (“Priority Cash Flow Payments”), no distributions of Available Cash Flow or Available Capital Event Proceeds will be made to any Member until all of the following have occurred:
Applications and Distributions. (a) Distributions of Available Cash Flow shall be made to the Members by the Administering Member in accordance with Section 8.1(b) monthly, subject to the terms of any Company Loan.
Applications and Distributions. OF AVAILABLE CASH -----------------
Applications and Distributions. (a-1) Distributions shall be made by the Manager to the Members of all or a portion of Available Cash as determined by the Management Committee (such amount, the "Distribution Amount") in accordance with Section 7.1(a-2), (b) and (c) within thirty (30) days after the end of each quarter of each Fiscal Year. The Members acknowledge and agree, notwithstanding anything in this Agreement to the contrary, that the Company shall make distributions to the Members in an amount at least sufficient to pay the amounts to Saracen set forth in Section 7.1(a-2)(i) below and to provide WCPT the amount that WCPT would be required to distribute to its shareholders, on account of taxable income of the Company allocable to WCPT, so that WCPT is able to satisfy the distribution requirements of a real estate investment trust with respect to such taxable income.
