Common use of Distributions at Liquidation Clause in Contracts

Distributions at Liquidation. Subject to Section 13.10 and subject to the right of the Management Committee to establish cash reserves as may be deemed reasonably necessary for any contingent or unforeseen liabilities or obligations of the Company, the proceeds of the liquidation and any other funds of the Company shall be distributed as follows:

Distributions at Liquidation. Subject to Section 13.10 and subject to the right of the Management Committee and the Operator to establish cash reserves as may be deemed reasonably necessary for any contingent or unforeseen liabilities or obligations of the Company, the proceeds of the liquidation and any other funds of the Company shall be distributed as follows:

Distributions at Liquidation. Subject to Section 13.10 and subject to the right of the Management Committee Managers to establish cash reserves as may be deemed reasonably necessary for any contingent or unforeseen liabilities or obligations of the Company, the proceeds of the liquidation and any other funds of the Company shall be distributed as follows:

Distributions at Liquidation. Subject to Section 13.10 and subject to the right of the Management Committee Managing Member to establish set up such cash reserves reserve as may be deemed reasonably necessary for any contingent or unforeseen liabilities or obligations of the Company, the proceeds of the liquidation and any other funds remaining assets of the Company shall be distributed as follows:

Distributions at Liquidation. Subject to Section 13.10 and subject to the right of the Management Committee Board and the Operator to establish cash reserves as may be deemed reasonably necessary for any contingent or unforeseen liabilities or obligations of the Company, the proceeds of the liquidation and any other funds of the Company shall be distributed as follows: