Common use of Cash Distributions during Operations Clause in Contracts

Cash Distributions during Operations. Distributable Cash, if any, derived from operation of the Company will be evaluated on a monthly basis, and disbursed as provided below until expended. · Class A Members shall receive a total of sixty-five percent (65%) of the Distributable Cash. · Class B Members shall receive thirty-five percent (35%) of any Distributable Cash.

Appears in 9 contracts

Samples: Operating Agreement (Cardone Equity Fund IX, LLC), Operating Agreement (Cardone Equity Fund VI, LLC), Operating Agreement

AutoNDA by SimpleDocs

Cash Distributions during Operations. Distributable Cash, if any, derived from operation of the Company will be evaluated on a monthly basis, and disbursed as provided below until expended. · Class A Members shall receive a total of sixty-five percent (65%) the Class A Percentage of the Distributable Cash. · Class B Members shall receive thirty-five percent (35%) the Class B Percentage of any the Distributable Cash.

Appears in 3 contracts

Samples: Operating Agreement (Own Our Own Fund I, LLC), Operating Agreement (Own Our Own Fund I, LLC), Operating Agreement (Own Our Own Fund I, LLC)

AutoNDA by SimpleDocs

Cash Distributions during Operations. Distributable Cash, if any, derived from operation of the Company will be evaluated on a monthly basis, and disbursed as provided below until expended. · Class A Members shall receive a total of sixty-five seventy percent (6570%) of the Distributable Cash. · Class B Members shall receive thirty-five thirty percent (3530%) of any Distributable Cash.

Appears in 2 contracts

Samples: Operating Agreement (Own Our Own Fund I, LLC), Operating Agreement (Own Our Own Fund I, LLC)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!