Distributions of Available Cash from Temporary Investments. At such times during any Fiscal Year as the Manager determines, the Fund may make distributions up to the amount of the undistributed Available Cash from Temporary Investments to the Members. Any distribution pursuant to this Section 5.4 shall be made one percent (1%) to the Manager and ninety-nine percent (99%) to the Investors in proportion to their respective Ownership Percentage.
Appears in 4 contracts
Samples: Limited Liability Company Agreement (Ridgewood Energy W Fund LLC), Limited Liability Company Agreement (Ridgewood Energy X Fund, LLC), Limited Liability Company Agreement (Ridgewood Energy X Fund, LLC)
Distributions of Available Cash from Temporary Investments. At such times during any Fiscal Year as the Manager determines, the Fund may make distributions up to the amount of the undistributed Available Cash from Temporary Investments to the Members. Any distribution pursuant to this Section 5.4 shall be made one percent (1%) to the Manager and ninety-nine percent (99%) to the Investors in proportion to their respective Ownership PercentagePercentages.
Appears in 4 contracts
Samples: Limited Liability Company Agreement (Ridgewood Energy Y Fund LLC), Limited Liability Company Agreement (Ridgewood Energy a-1 Fund LLC), Limited Liability Company Agreement (Ridgewood Energy a-1 Fund LLC)
