Cash Distributions during Operations Sample Clauses

Cash Distributions during Operations. Cash Flow, if any, derived from operation of the Company will be evaluated on a quarterly basis, and disbursed in the order provided below until expended.

Cash Distributions during Operations. Distributable Cash, if any, derived from operation of the Company will be evaluated on a quarterly basis, and disbursed in the order provided below until expended. · First, to the Class A Limited Partners, pro rata in accordance with their Percentage Interests in the Company, until all Limited Partners have received a Preferred Return their Capital Contributions. · Second, seventy-five percent (75%) to the Class A Limited Partners in proportion to their respective Percentage Interests, and twenty-five percent (25%) to the Class B Limited Partners. · Limited Partner distributions will also be prorated in accordance with the length of time the Limited Partner has been a Limited Partner of the Company. The amount of Distributions the General Partner may receive from Company operations cannot be determined at this time.

Cash Distributions during Operations. The Manager may elect to reinvest proceeds from operations into additional Properties or other investments. In the event the Manager elects not to reinvest the proceeds from operations, Distributable Cash, if any, derived from operation of each Property will be evaluated on a quarterly basis, and disbursed as provided below until expended. Gratus Capital Properties Fund III LLC 10 Amended & Restated Operating Agreement · First, out of the Class A Unit Percentage Share, the Class A Members shall ratably receive eighty percent (80%) of the remaining Distributable Cash. · Second, out of the Class B Unit Percentage Share, the Class B Members shall ratably receive seventy percent (70%) of Distributable Cash. · Third, the Class C Members shall receive all of the remaining Distributable Cash. For the purposes of Cash Distribution calculations only, Cash Distributions to Members from operations will be treated as a return on investment. Note that pursuant to the terms of the Side Letter, the Company will distribute cash to Class A+ Investors as if the above stated “the Class A Members shall ratably receive eighty-five percent (85%) of the remaining Distributable Cash” instead of the “eighty percent (80%) of the remaining Distributable Cash.” With the additional amounts coming from distributions due to the Manager from the last step of the waterfall listed above.

Cash Distributions during Operations. Distributable Cash, if any, derived from operation of the Company will be evaluated on a monthly basis and disbursed in the order provided below until expended.

Cash Distributions during Operations. First, the Class A Members shall receive a total of sixty-five percent (65%) of the Distributable Cash. • Thereafter, the Class B Members shall receive thirty-five percent (35%) of any Distributable Cash. For the purposes of Cash Distribution calculations only, Cash Distributions to Class A Members from operations will be treated as a return on investment.