Distributions in General. Except as otherwise provided in Article 8 hereof, for any fiscal year all Cash Available for Distribution and net proceeds from any Terminating Capital Transaction shall be distributed to the Partners at such times and in such amounts as the General Partner, in its sole and absolute discretion, shall determine.
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Distributions in General. Except as otherwise provided in Article 8 hereof, for any fiscal year all Cash Available for Distribution and net proceeds from any Terminating Capital Transaction shall be distributed to the Partners Members at such times and in such amounts as the General Partner, in its sole and absolute discretion, Managers shall reasonably determine.
Appears in 1 contract
Samples: Limited Liability Company Operating Agreement (Jacmar Companies)
Distributions in General. Except as otherwise provided in Article 8 hereof, for any fiscal year all Cash Available for Distribution and net proceeds from any Terminating Capital Transaction shall be distributed to the Partners Members at such times and in such amounts as the General Partner, in its sole and absolute discretion, Members shall determineagree.
Appears in 1 contract
Samples: Limited Liability Company Operating Agreement (Petro Stopping Centers L P)
Distributions in General. Except as otherwise provided in Article 8 11 hereof, for any fiscal year all Cash Available for Distribution and net proceeds from any Terminating Capital Transaction shall be distributed to the Partners Members at such times and as may be determined in such amounts as the General Partner, in its sole and absolute discretion, shall determinediscretion of the Board.
Appears in 1 contract
Samples: Limited Liability Company Operating Agreement (Affymetrix Inc)
