Distribution of Cash Available for Distribution. Distributions of all Cash Available for Distribution shall be made as determined by a Majority Vote of the Members. Any distribution of property shall be treated as a distribution of cash in the amount of the fair market value of such property. Distribution shall be made to the Members by the Company pro rata, according to the number of Units held by each, with all Outstanding Units being treated alike.
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Samples: Operating Agreement (Public Service Co of Oklahoma), Operating Agreement (Public Service Co of Oklahoma), Operating Agreement (Public Service Co of Oklahoma)
Distribution of Cash Available for Distribution. Distributions of all Cash Available for Distribution shall be made at such times as determined by a the Majority Vote of the Members. Any distribution of property shall be treated as a distribution of cash equal in the amount of to the fair market value of such property. Distribution Distributions shall be made to the all Members by the Company and Assignees pro rata, according to rata in accordance with the number of Units held by each, with all Outstanding Units being treated alike.
Appears in 4 contracts
Samples: Operating Agreement (Chaparral CO2, L.L.C.), Operating Agreement (Chaparral CO2, L.L.C.), Operating Agreement (Chaparral CO2, L.L.C.)
Distribution of Cash Available for Distribution. Distributions of all Cash Available for Distribution shall be made at such times as determined by a Majority Vote the unanimous vote of the Members. Any distribution of property shall be treated as a distribution of cash equal in the amount of to the fair market value of such property. Distribution Distributions shall be made to the all Members by the Company and Assignees pro rata, according to rata in accordance with the number of Units held by each, with all Outstanding Units being treated alike.
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Distribution of Cash Available for Distribution. Distributions Except upon winding up pursuant to Section 12.3, distributions of all Cash Available for Distribution shall be made at such times as determined by a Majority Vote of the MembersGeneral Partner. Any distribution of property shall be treated as a distribution of cash equal in the amount of to the fair market value of such property. Distribution Distributions shall be made to the Members by the Company all Partners and Assignees pro rata, according to rata in accordance with the number of Units held by each, with all Outstanding Units being treated alike.
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Samples: Limited Partnership Agreement (Chaparral CO2, L.L.C.)
Distribution of Cash Available for Distribution. Distributions of all Cash Available for Distribution shall be made at such times as determined by a the Majority Vote of the Members. Any distribution of property shall be treated as a distribution of cash equal in the amount of to the fair market value of such property. Distribution Distributions shall be made prorated to the all Members by the Company pro rata, according to and Assignees in accordance with the number of Units held by each, with all Outstanding Units being treated alike.
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