Common use of Distributions in Liquidation Clause in Contracts

Distributions in Liquidation. The proceeds from the liquidation of the Company pursuant to Section 12.2, above, shall be distributed in the following order of priority:

Appears in 3 contracts

Samples: Limited Liability Company Operating Agreement (Diamond Resorts Parent, LLC), Limited Liability Company Operating Agreement (Diamond Resorts Parent, LLC), Limited Liability Company Agreement (Diamond Resorts Parent, LLC)

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Distributions in Liquidation. The proceeds from Subject to the liquidation provisions of Section 11.04 hereof, the assets of the Company pursuant to Section 12.2, above, shall be applied or distributed in liquidation in the following order of priority:

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Higher Education Funding I), Limited Liability Company Agreement (Higher Education Funding I)

Distributions in Liquidation. The proceeds from the liquidation of the Company pursuant to Section 12.2, above, 10.2 shall be distributed in the following order of priority:

Appears in 1 contract

Samples: Limited Liability Company Operating Agreement (Henry Bros. Electronics, Inc. / VA)

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Distributions in Liquidation. The proceeds from the liquidation of the Company pursuant to Section 12.212.02, above, shall be distributed in the following order of priority:

Appears in 1 contract

Samples: Operating Agreement

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