Distributions of Available Cash from Operations. Subject to the terms of this Agreement, the Fund shall make distributions to Shareholders of Available Cash from Operations with respect to each Fiscal Year in the manner and at the time determined by the Manager. The amount of Available Cash From Operations determined to be available, if any, will be distributed 15% to the Manager and 85% to the Investors.
Appears in 9 contracts
Samples: LLC Operating Agreement (Ridgewood Energy M Fund LLC), LLC Operating Agreement (Ridgewood Energy L Fund LLC), LLC Operating Agreement (Ridgewood Energy P Fund LLC)
Distributions of Available Cash from Operations. Subject to the terms of this Agreement, including Section 9.7, the Fund shall make distributions to Shareholders of Available Cash from Operations with respect to each Fiscal Year in the manner and at the time determined by the Manager. The amount of Available Cash From Operations determined to be available, if any, other than amounts determined by the Manager to be distributable as an Early Investment Incentive pursuant to Section 9.7, will be distributed 15% to the Manager and 85% to the Investors.
Appears in 3 contracts
Samples: LLC Operating Agreement (Ridgewood Energy v Fund LLC), LLC Operating Agreement (Ridgewood Energy T Fund LLC), LLC Operating Agreement (Ridgewood Energy S Fund LLC)
Distributions of Available Cash from Operations. Subject to the terms of this Agreement, including Sections 8.8, 8.9 and 9.7, the Fund shall make distributions to Shareholders of Available Cash from Operations with respect to each Fiscal Year in the manner and at the time determined by the Manager. The Except as provided in Sections 8.8 and 8.9, the amount of Available Cash From Operations determined to be available, if any, other than amounts determined by the Manager to be distributable as an Early Investment Incentive pursuant to Section 9.7, will be distributed 15% to the Manager and 85% to the Investors.
Appears in 1 contract
Samples: LLC Operating Agreement (Ridgewood Energy U Fund LLC)