Common use of Distribution of Assets by the Company Clause in Contracts

Distribution of Assets by the Company. Subject to applicable law and any limitations contained elsewhere in this Agreement, the Manager may elect from time to time to distribute Distributable Cash to the Members, which distributions shall be in the following order of priority:

Appears in 4 contracts

Samples: Operating Agreement (Chosen, LLC), Operating Agreement (Chosen, LLC), Operating Agreement (Chosen, LLC)

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Distribution of Assets by the Company. Subject to applicable law and any limitations contained elsewhere in this Agreement, the Manager may elect from time to time to cause the Company to distribute Distributable Cash to the Members, which distributions Distributions shall be in the following order of priority:

Appears in 3 contracts

Samples: Limited Liability Company Agreement, Limited Liability Company Agreement (Kennedy-Wilson Properties (IL)), Limited Liability Company Agreement (Kennedy-Wilson Properties (IL))

Distribution of Assets by the Company. Subject to applicable law and any limitations contained elsewhere in this Agreement, the Manager Managers may elect from time to time to distribute Distributable Cash to the Members, which distributions shall be in the following order of priority:

Appears in 2 contracts

Samples: Index Operating Agreement, Operating Agreement (ARAMARK FHC Kansas, Inc.)

Distribution of Assets by the Company. Subject to applicable law and ------------------------------------- any limitations contained elsewhere in this Agreement, the Manager Members may elect from time to time to distribute Distributable Cash to the Members, which distributions shall be in the following order of priority:

Appears in 1 contract

Samples: Operating Agreement (CPC of America Inc)

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Distribution of Assets by the Company. Subject to applicable law and any limitations contained elsewhere in this Agreement, the Manager may elect from time to time to cause the Company to distribute Distributable Cash to the MembersEconomic Interest Holders, which distributions Distributions shall be in the following order of priority:

Appears in 1 contract

Samples: Limited Liability Company Agreement (Internetstudios Com Inc)

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