Distribution on Winding Up. In the event of the winding up of the Company for any reason, the proceeds of liquidation shall be applied by the end of the Calendar Year in which the liquidation occurs or, if later, within 90 days after the date of such liquidation, in the following rank and order:
Appears in 5 contracts
Samples: Operating Agreement (Inland Real Estate Corp), Operating Agreement (Inland Real Estate Corp), Operating Agreement (Inland Real Estate Corp)
Distribution on Winding Up. In the event of the winding up of the Company for any reason, the proceeds of liquidation shall be applied by the end of the Calendar Fiscal Year in which the liquidation occurs or, if later, within 90 days after the date of such liquidation, in the following rank and order:
Appears in 2 contracts
Samples: Preferred Membership Unit Purchase Agreement (FVA Ventures, Inc.), Preferred Membership Unit Purchase Agreement (FVA Ventures, Inc.)
Distribution on Winding Up. In the event of the winding up of the Company for any reason, the The proceeds of liquidation shall will be applied by the end of the Calendar Year taxable year in which the liquidation occurs or, if later, within 90 days after the date of such liquidation, in the following rank and order:
Appears in 1 contract
Samples: Operating Agreement (GK Investment Property Holdings II LLC)
Distribution on Winding Up. In the event of the winding up of the Company for any reason, the The proceeds of liquidation shall will be applied by the end of the Calendar Year taxable year in which the liquidation occurs or, if later, within 90 ninety (90) days after the date of such liquidation, in the following rank and order:
Appears in 1 contract
Distribution on Winding Up. In the event of the winding up of the Company Partnership for any reason, the proceeds of liquidation shall be applied by the end of the Calendar Fiscal Year in which the liquidation occurs or, if later, within 90 ninety (90) days after the date of such liquidation, in the following rank and order:
Appears in 1 contract
Samples: Limited Partnership Agreement (Inland Real Estate Corp)