Common use of Distributions of Cash and Other Property Clause in Contracts

Distributions of Cash and Other Property. Except as the Board of Managers may otherwise determine, all distributions to Members shall be made in cash. If any assets of the LLC are distributed in kind, such assets shall be distributed on the basis of their fair market value as determined by the Board of Managers. Any amounts not distributed upon liquidation of the LLC pursuant to Section 6(b) hereof on account of expenses and reserves shall serve to reduce the distributions made to each Member pursuant to Section 6(b) hereof in a manner reasonably determined by the Board of Managers. Any such reserves as remain after payment of contingent liabilities shall be distributed to the Members in the manner in which they served to reduce the distributions thereto.

Distributions of Cash and Other Property. Except as the Board of Managers Directors may otherwise determine, all distributions to Members shall be made in cash. If any assets of the LLC Company are distributed in kind, such assets shall be distributed on the basis of their fair market value as determined by the Board of ManagersDirectors. Any amounts not distributed upon liquidation of the LLC Company pursuant to Section 6(b) Article 6.2 hereof on account of expenses and reserves shall serve to reduce the distributions made to each Member pursuant to Section 6(b) Article 6.2 hereof in a manner reasonably determined by the Board of ManagersDirectors. Any such reserves as remain after payment of contingent liabilities shall be distributed to the Members in the manner in which they served to reduce the distributions thereto.

Distributions of Cash and Other Property. Except as the Board of Managers Manager may otherwise determine, all distributions to Members shall be made in cash. If any assets of the LLC are distributed in kind, such assets shall be distributed on the basis of their fair market value as determined by the Board of ManagersManager. Any amounts not distributed upon liquidation of the LLC pursuant to Section 6(b) hereof on account of expenses and reserves shall serve to reduce the distributions made to each Member pursuant to Section 6(b) hereof in a manner reasonably determined by the Board of ManagersManager. Any such reserves as remain after payment of contingent liabilities shall be distributed to the Members in the manner in which they served to reduce the distributions thereto.

Distributions of Cash and Other Property. Except as the Board of Managers may otherwise determine, all distributions to Members shall be made in cash. If any assets of the LLC Company are distributed in kind, such assets shall be distributed on the basis of their fair market value as determined by the Board of Managers. Any amounts not distributed upon liquidation of the LLC Company pursuant to Section 6(b6(a) hereof on account of expenses and reserves shall serve to reduce the distributions made to each Member pursuant to Section 6(b6(a) hereof in a manner reasonably determined by the Board of Managers. Any such reserves as remain after payment of contingent liabilities shall be distributed to the Members in the manner in which they served to reduce the distributions thereto.