Cash Distributions Upon Dissolution. Upon dissolution and winding up of the Company, the Company shall thereafter distribute all Cash for Distribution available for distribution, if any, to the Members in accordance with the provisions of Section 12.3 of this Agreement.
Appears in 4 contracts
Samples: Operating Agreement (Bayou City Exploration, Inc.), Operating Agreement (Bayou City Exploration, Inc.), Operating Agreement (Bayou City Exploration, Inc.)
Cash Distributions Upon Dissolution. Upon dissolution and winding up of the Company, the Company shall thereafter distribute all Cash for Distribution Net Distributable Earnings and Net Proceeds available for distribution, if any, to the Members in accordance with the provisions of Section 12.3 of this Agreement.
Appears in 2 contracts
Samples: Operating Agreement (IMH Financial Corp), Restated Operating Agreement (IMH Secured Loan Fund, LLC)
Cash Distributions Upon Dissolution. Upon dissolution and winding up of the Company, the Company shall thereafter distribute all Cash Net Income Available for Distribution and Net Proceeds available for distribution, if any, to the Members in accordance with the provisions of Section 12.3 of this Agreement.
Appears in 2 contracts
Samples: Operating Agreement (Yosemite Mortgage Fund Ii LLC), Operating Agreement (Yosemite Mortgage Fund Ii LLC)
Cash Distributions Upon Dissolution. Upon dissolution and winding up termination of the Company, the Company all cash distributions shall thereafter distribute all Cash for Distribution available for distribution, if any, be distributed to the Members in accordance with the provisions of Section 12.3 of this AgreementArticle IX below.
Appears in 1 contract
Samples: Operating Agreement
Cash Distributions Upon Dissolution. Upon dissolution and winding up of the Company, the Company shall thereafter distribute all Cash Net Income Available for Distribution and Capital Transaction Proceeds available for distribution, if any, to the Members in accordance with the provisions of Section 12.3 of this Agreement.
Appears in 1 contract
