Cash Available for Distributions. 8.1.1 At such times as are determined by the Managing Member (but no less frequently than quarterly), the Company shall make a distribution of Net Operating Cash Flow of the Company (to the extent positive). Net Operating Cash Flow distributions shall be made pro rata to the Members, in accordance with their Percentage Interests.
Appears in 4 contracts
Samples: Limited Liability Company Agreement (Interstate Hotels Management Inc), Limited Liability Company Agreement (Interstate Hotels Corp), Limited Liability Company Agreement (Interstate Hotels Management Inc)