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Common use of Cash Available for Distribution Clause in Contracts

Cash Available for Distribution. When and as approved by the Managing Member, Cash Available for Distribution shall be distributed to the Members in proportion to their Percentage Interests during the Fiscal Period to which the distribution relates.

Appears in 1 contract

Samples: Operating Agreement

Cash Available for Distribution. When and as approved by Upon the Managing Memberapproval of the Board of Directors, Cash Available for Distribution shall be distributed to the Members in proportion to their Percentage Interests during the Fiscal Period to which the distribution relatesnumber of Units held by each Member.

Appears in 1 contract

Samples: Operating Agreement (Diana Corp)

Cash Available for Distribution. When and as approved by the Managing MemberBoard of Directors, Cash Available for Distribution shall be distributed to the Members in proportion to their Percentage Interests the number of Units held during the Fiscal Period to which the distribution relates, provided, however, unless Unanimous Consent of the Members is obtained, the Company shall not make a distribution other than Tax Distributions such that the Tangible Equity Ratio is reduced below 10:1.

Appears in 1 contract

Samples: Operating Agreement (QCR Holdings Inc)

Cash Available for Distribution. When and as approved by the Managing MemberBoard of Directors, Cash Available for Distribution shall be distributed to the Members in proportion to their Percentage Interests during on the last day of the Fiscal Period to which the distribution relates.

Appears in 1 contract

Samples: Operating Agreement

Cash Available for Distribution. When and as approved by the Managing MemberBoard of Directors, Cash Available for Distribution shall be distributed to the Members in proportion to their Percentage Interests during the Fiscal Period to which the distribution relates.

Appears in 1 contract

Samples: Operating Agreement

Cash Available for Distribution. When and as approved by the Managing MemberBoard of Directors, Cash Available for Distribution shall be distributed to the Members in proportion to their Percentage Interests the number of Units held during the Fiscal Period to which the distribution relates.

Appears in 1 contract

Samples: Operating Agreement

Cash Available for Distribution. When and as approved by the Managing Member, if any, or if none by Majority Consent, Cash Available for Distribution shall be distributed to the Members in proportion to their Percentage Interests during the Fiscal Period to which the distribution relates.

Appears in 1 contract

Samples: Operating Agreement