Common use of Distribution of Revenues Clause in Contracts

Distribution of Revenues. a. Proceeds of land sales – The net proceeds of any sale of land in the Park will be distributed in accordance with the share investment of the towns. Net proceeds are calculated after proceeds totaling 20% of land sales are paid to Wheelabrator Putnam, Inc., and minus any real estate agent commissions, if an agent is used for land sale transactions.

Distribution of Revenues. a. Proceeds of land sales – The net proceeds of any sale of land in the Park will be distributed in accordance with the share investment of the towns. Net proceeds are calculated after proceeds totaling 20% of land sales are paid to Wheelabrator PutnamXxxxxx, Inc., and minus any real estate agent commissions, if an agent is used for land sale transactions.

Distribution of Revenues. a. Proceeds of land sales – The net proceeds of any sale of land in the Park will be distributed in accordance with the share investment of the towns. Net proceeds are calculated after proceeds totaling 20% of land sales are paid to Wheelabrator PutnamXxxxxx, Inc., and minus any real estate agent commissions, if an agent is used for land sale transactions.

Distribution of Revenues. a. Proceeds of land sales – The net proceeds of any sale of land in the Park will be distributed in accordance with the share investment of the towns. Net proceeds are calculated after proceeds totaling 20% of land sales are paid to Wheelabrator PutnamXxxxxx, Inc., and minus any real estate agent commissions, if an agent is used for land sale transactions. Park Tax Revenues – Putnam will distribute, within 30 days of receipt, all Park Tax Revenues in accordance with the share investment of the towns.