Common use of Distribution of Net Extraordinary Cash Flow Clause in Contracts

Distribution of Net Extraordinary Cash Flow. Net Extraordinary Cash Flow shall be distributed within 10 days of a Major Capital Event in the following rank and order:

Appears in 3 contracts

Samples: Operating Agreement (Inland Real Estate Corp), Operating Agreement (Inland Real Estate Corp), Limited Liability Company Agreement (Inland Retail Real Estate Trust Inc)

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Distribution of Net Extraordinary Cash Flow. Net Extraordinary Cash Flow shall be distributed within 10 ten (10) days of a Major the Capital Event in from which the following rank Net Extraordinary Cash Flow is derived (i) first, to Inland an amount equal to the balance of the PIC Funds; (ii) second, the balance to and order:among the Partners pro rata according to their Percentage Interests.

Appears in 1 contract

Samples: Limited Partnership Agreement (Inland Real Estate Corp)

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