Capital Proceeds. Distributions of net Capital Proceeds (after repayment of all debts and liabilities of the Company, including loans from Members, and the establishment of any reserves that the Members deem necessary) shall be made in the following order of priorities:
Appears in 3 contracts
Samples: Operating Agreement (Ryland Group Inc), Operating Agreement (Delphi Properties Inc), Operating Agreement (Delphi Corp)
Capital Proceeds. Distributions of net Capital Proceeds (after repayment of all debts and liabilities of the CompanyLLC, including loans from MembersParties, and the establishment of any reserves that all the Members Parties deem necessary) shall be made in the following order of priorities:
Appears in 2 contracts
Samples: Limited Liability Company Agreement (MetaMorphix Inc.), MetaMorphix Inc.
Capital Proceeds. Distributions of net Capital Proceeds (after repayment of all debts and liabilities of the Company, including loans from Members, and the establishment of any reserves that the Members deem Managing Member deems necessary) shall be made in the following order of priorities:
Appears in 1 contract
Samples: Operating Agreement (Carrabba's/Colorado-I, Limited Partnership)
Capital Proceeds. Distributions of net Capital Proceeds (after repayment of all debts and liabilities of the Company, including loans from Members, and the establishment of any reserves that the Members Managers deem necessary) shall be made in the following order of priorities:
Appears in 1 contract
