Distributable Cash. Except as otherwise provided in Article 15 hereof (relating to the dissolution of the Company), any Distribution of the Distributable Cash of a Series during any Fiscal Year shall: (a) be made to the Series Members in proportion to such Series Members’ respective Percentage Interests in a Series, prioritized by Member Class, if applicable, or (b) in any other manner described in an applicable Series Agreement.
Appears in 7 contracts
Samples: Series Limited Liability Company Agreement (VV Markets LLC), Series Limited Liability Company Agreement (Mythic Collection, LLC), Series Limited Liability Company Agreement (Mythic Collection, LLC)
Distributable Cash. Except as otherwise provided in Article 15 hereof XII (relating to the dissolution of the Company), any Distribution distribution of the Distributable Cash of a any Series during any Fiscal Year shall: shall (a) be made to the Members associated with such Series Members in proportion to such Series Members’ respective Percentage Interests in a such Series, prioritized by Member Class, if applicable, or (b) may be made to the Members associated with such Series in any other manner described proportion to such Member’s respective Percentage Interest in an applicable such Series, as from time to time determined by Members holding a Majority Interest in such Series Agreementas hereinafter provided.
Appears in 2 contracts
Samples: Series Limited Liability Company Operating Agreement, Series Limited Liability Company Operating Agreement
Distributable Cash. Except as otherwise provided in Article 15 hereof (relating to the dissolution of the Company), any Distribution of the Distributable Cash of a Series during any Fiscal Year shall: (a) be made to the Series Members in proportion to such Series Members’ ' respective Percentage Interests in a Series, prioritized by Member Class, if applicable, or (b) in any other manner described in an applicable Series Agreement.
Appears in 1 contract
Samples: Series Limited Liability Company Agreement (VV Markets LLC)
Distributable Cash. Except as otherwise provided in Article 15 hereof (relating to the dissolution of the Company), any Distribution of the Distributable Cash of a Series during any Fiscal Year shall: (a) be made to the Series Members in proportion to such Series Members’ ? respective Percentage Interests in a Series, prioritized by Member Class, if applicable, or (b) in any other manner described in an applicable Series Agreement.
Appears in 1 contract
Samples: Limited Liability Company Agreement (VV Markets LLC)
Distributable Cash. Except as otherwise provided in Article 15 hereof (relating to the dissolution of the Company)XII hereof, any Distribution distribution of the Distributable Cash of a any Series during any Fiscal Year shall: (a) shall be made to the Members associated with such Series Members in proportion to such Series Members’ respective Percentage Interests in a such Series, prioritized by Member Class, if applicable, or (b) in any other manner described in an applicable Series Agreement.
Appears in 1 contract
Samples: Separate Series Operating Agreement
