Distribution of Company Assets after the Payment of Liabilities and Establishment of Reserves. After paying liabilities and providing for reserves, the Manager or liquidator shall (1) satisfy any debts owed to the Members with the remaining net assets of the Company, if any, (2) distribute all previously allocated but undistributed Distributable Cash, if any, and finally (3) allocate and distribute any remaining assets to the Members, as set forth in Section 5.2(a)(ii).
Distribution of Company Assets after the Payment of Liabilities and Establishment of Reserves. After paying liabilities and providing for reserves, the Manager or liquidator shall (i) satisfy any debts owed to the Members with the remaining net assets of the Company, if any, (ii) be used to return the Unreturned Capital Contribution of all Members, and then (iii) then distribute any remaining assets to the Members in accordance with Section 4.2. To the extent insufficient funds are available to satisfy (i) or (ii), the amounts distributed shall be divided pro-rata among the members based on total debts outstanding or total Unreturned Capital Contributions, as appropriate.
