Common use of Distributable Cash Clause in Contracts

Distributable Cash. Distributable Cash means all distributable cash from operations and Capital Transactions, less the following items: (i) payment of all fees, costs, indebtedness, and expenses of the Company, including payment of debt and loans to Members and reimbursements to the Manager and its Affiliates, (ii) any required tax withholdings, and (iii) reserves for future expenses related to the Company’s operations, as established in the reasonable discretion of the Manager.

Appears in 3 contracts

Samples: Operating Agreement (Central Park Fund 1, LLC), Operating Agreement (Central Park Fund I, LLC), Operating Agreement (Aurora Fund I, LLC)

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Distributable Cash. Distributable Cash means all distributable cash from operations and Capital Transactions, less the following items, including, but not limited to: (i) payment of all fees, costs, indebtedness, and expenses of the Company, including payment of debt and loans to Members and reimbursements to the Manager and its Affiliates, (ii) any required tax withholdings, and (iii) reserves for future expenses related to the Company’s operations, as established in the reasonable discretion of the Manager.

Appears in 2 contracts

Samples: Operating Agreement (ADPI Fund I, LLC), Operating Agreement (ADPI Fund I, LLC)

Distributable Cash. Distributable Cash means all distributable cash from operations and Capital Transactions, less the following items, including, but not limited to: (i) payment of all fees, costs, indebtedness, and expenses of the Company, including payment of debt and loans to Members and reimbursements to the Manager and its Affiliates, (ii) any required tax withholdings, and (iii) reserves for future expenses related to the Company’s operations, as established in the reasonable discretion of the Manager.. OPERATING AGREEMENT OF

Appears in 1 contract

Samples: Operating Agreement (ADPI Fund I, LLC)

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Distributable Cash. Distributable Cash means all distributable cash of the Company derived from operations and Capital Transactions, less the following items: (i) payment of all fees, costs, indebtedness, and expenses of the Company, including payment of debt and loans to Members and reimbursements to the Manager and its Affiliates, (ii) any required tax withholdings, and (iii) reserves for future expenses related to the Company’s operationsoperations or investments, as established in the reasonable discretion of the Manager.

Appears in 1 contract

Samples: Operating Agreement (Strata Capital Real Estate Opportunity Fund I LLC)

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