Common use of Distributions in Respect of Transferred Interests Clause in Contracts

Distributions in Respect of Transferred Interests. If any interest in the Company is transferred during any accounting period in compliance with the provisions of this Section 8, all distributions on or before the date of such Transfer shall be made to the transferor, and all distributions thereafter shall be made to the transferee.

Appears in 4 contracts

Samples: Limited Liability Company Agreement (Whitney Information Network Inc), Limited Liability Company Agreement (Whitney Information Network Inc), Operating Agreement (Udc Homes Inc)

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Distributions in Respect of Transferred Interests. If any interest in the Company is transferred during any accounting period in compliance with the provisions of this Section 87, all distributions on or before the date of such Transfer shall be made to the transferor, and all distributions thereafter shall be made to the transferee.

Appears in 2 contracts

Samples: Operating Agreement (A & B II, Inc.), Operating Agreement (United Park City Mines Co)

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