AVAILABLE CASH FLOW Sample Clauses

AVAILABLE CASH FLOW. Subject to applicable law, the Manager from time to time may elect to distribute Available Cash Flow of the LLC to the Members in proportion to their Percentage Interests as of the time of such distribution. For purposes of allocations of Net Profits pursuant to Section 4.1.1, Available Cash Flow attributable to a specific fiscal year of the LLC shall be deemed distributed as of the end of such fiscal year.
AutoNDA by SimpleDocs
AVAILABLE CASH FLOW. Available Cash Flow of the LLC shall be distributed to the Members in accordance with the following priority and agreements:
AVAILABLE CASH FLOW. Available Cash Flow" means, with respect to any Fiscal Year or other period, the sum of all cash receipts of Palace from any and all sources, less all cash disbursements (including loan repayments, capital improvements and replacements) and a reasonable allowance for Reserves, contingencies and anticipated obligations as determined by the Manager.
AVAILABLE CASH FLOW. Available Cash Flow, as determined by the General Partner, shall be distributed to the Partners in proportion to their Percentage Interests on an annual or more frequent basis as determined by the General Partner.
AVAILABLE CASH FLOW. The definition of Available Cash Flow in the fifth sentence of Section 4 of the Modification Agreement is hereby deleted and replaced in its entirety by the following:
AVAILABLE CASH FLOW. The timing and amount of all distributions of Available Cash Flow of the LLC shall be determined by the Managers. All distributions of Available Cash Flow shall be made to the Members pro rata in accordance with their respective Percentage Interests at the time of the distribution, subject to the provisions of Sections 9.2 and 9.3.
AVAILABLE CASH FLOW. 10 5.2 LIQUIDATING DISTRIBUTIONS............................................................................10
AutoNDA by SimpleDocs
AVAILABLE CASH FLOW all Net Cash Flow that will be available during such period for distribution to Issuer pursuant to the terms of any Permitted Financing Document, the NGP I Limited Liability Company Agreement and applicable Law: $__________
AVAILABLE CASH FLOW. Except as otherwise provided in Section 5.2 hereof, distributions of Available Cash Flow, if any, shall be made at such times and in such amounts as the General Partner shall determine; provided that any distributions made hereunder shall be made to the Partners in accordance with their Percentage Interests, except as otherwise provided in Section 5.3 hereof.
AVAILABLE CASH FLOW. Available Cash Flow shall be distributed, from time to time and from any source, as soon as reasonably possible following receipt thereof, in accordance with the following priority and agreements: 5.1.1 First, Eighty/Twenty (80/20) to Member Ibgui until such Member has received an amount equal to his initial Capital Contribution ($525,000); and 5.1.2 Thereafter, to the Members, each in the ratio that their respective Percentage Interests bear to the aggregate of the Percentage Interests of all Members. For purposes of allocations of Net Profits pursuant to Section 4.1.1, Available Cash Flow attributable to a specific fiscal year of the LLC shall be deemed distributed as of the end of such fiscal year.
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!