Common use of Cash Distributions from Operations Clause in Contracts

Cash Distributions from Operations. Promptly after the end of each quarter, the Company will make distributions of Distributable Cash in amounts to be determined at the sole discretion of the Manager, as follows: 10.1.1. First, to the Preferred Members, in accordance with their Percentage Interests, until the Preferred Members have received total distributions equal seven percent (7%) per annum return on their Capital Account Balance. 10.1.2. Then, to the Manager. Such Distributions from operations of Distributable Cash shall not result in a reduction of the Capital Contribution of a Member. Only distributions from a Capital Transaction will result in a reduction of Capital Contributions.

Cash Distributions from Operations. Promptly after the end of each quarter, the Company will make distributions of Distributable Cash Available from Operations in amounts to be determined at the sole discretion of the Manager, as follows: 10.1.1. First, to the Preferred Members, in accordance with their Percentage Interests, until the Preferred Members have received total distributions equal seven fifteen percent (715%) per annum return on their Capital Account Balance. 10.1.2. Then, to the Manager, in an amount equal to 100% of remaining proceeds from the capital transaction. Such Distributions from operations of Distributable Cash shall Available from Operations would not result in a reduction of the Capital Contribution of a Member. Only distributions from a Capital Transaction will result in a reduction of in Capital ContributionsContribution.