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Distributions of Cash Available for Distribution Sample Clauses

Distributions of Cash Available for Distribution. 4.1.1 Except as otherwise provided in Paragraph 4.3 and Article 9 and subject to the provisions of Paragraph 6.2, Cash Available for Distribution shall be distributed to the Members only at such times as may be determined in the sole discretion of the Board. 4.1.2 Subject to Paragraph 4.3 and Article 9 hereof, all distributions of Cash Available for Distribution shall be distributed to the Members in accordance with the priorities set forth in Paragraph 4.4.
Distributions of Cash Available for Distribution. Any Cash Available for Distribution at the end of any fiscal year shall be distributed, within 120 days after the end of such fiscal year, 99% to the Limited Partners and 1% to the General Partner.
Distributions of Cash Available for Distribution. (a) To the extent not prohibited by the terms of any Financing, the Board may cause the Company to distribute Cash Available for Distribution to the Members at such times and in such amounts as the Board may determine in its sole discretion, provided that: (i) the Board may reserve and not distribute to the Members any portion of such Cash Available for Distribution that the Board determines necessary for any authorized use by the Company, (ii) notwithstanding any other provision of this Agreement to the contrary, the Company shall not in any event be permitted or required to make a distribution to any Member pursuant to this Agreement if such distribution would violate any nonwaivable provision of the Act or other applicable law, and (iii) any such distributions shall be made in the order of priority set forth in this Section 4.2. In the event that any distribution is to be made in accordance with the Members’ Percentage Interests, Adjusted Percentage Interests or Profits Percentage Interests under this Section 4.2 and as of the distribution date there is an adjustment to a Member’s Percentage Interest, Adjusted Percentage Interest or Profits Percentage Interest that is subject to the receipt of regulatory approvals, then such distribution shall be made in accordance with the Members’ Percentage Interests, Adjusted Percentage Interests or Profits Percentage Interests (after giving effect to the adjustment that is subject to the receipt of the regulatory approvals), but the payment of the portion of the distribution attributable to such adjustment shall be deferred until such time as the regulatory approvals have been obtained. (b) Cash Available for Distribution shall be distributed under this Section 4.2 among the Members as follows: (i) First, to the DLJMB Parties, until the aggregate amount so distributed to the DLJMB Parties pursuant to this Section 4.2(b)(i) equals the lesser of (A) the sum of: (1) fifty percent (50%) of the aggregate Base Management Fees received by Morgans Co. or any Affiliate thereof as of the date of such distribution; plus (2) fifty percent (50%) of the aggregate Gaming Facilities Support Fees received by Morgans Co. or any Affiliate thereof as of the date of such distribution; plus (3) one hundred percent (100%) of the aggregate Annual Incentive Fees received by Morgans Co. or any Subsidiary thereof as of the date of such distribution or (B) the aggregate Capital Contributions made by the DLJMB Parties as of the date of such di...
Distributions of Cash Available for DistributionThe Managing Member shall cause the Company to distribute Cash Available for Distribution (if any) (excluding distributions of Cash Available for Distribution that are attributable to a Capital Event which shall be governed by Section 3.1.3 and/or in conjunction with the final liquidation of the Company which shall be governed by Section 3.2 and Article 7) to the Members from time to time to the extent the Managing Member determines that the Company has Cash Available for Distribution in the following order of priority: (a) First, to the Members who have made Default Loans in accordance with Section 2.3 on a pro rata basis in accordance with the amounts of their respective unpaid Default Loans until each of them has received cumulative payments pursuant to this Section 3.1.2(a) equal to all interest due in respect of such Default Loans. (b) Second, to the Members who have made Default Loans pursuant to Section 2.3 on a pro rata basis in accordance with the amounts of their respective Default Loans until each of them has received cumulative payments pursuant to this Section 3.1.2(b) equal to the outstanding principal amounts of its respective Default Loans.
Distributions of Cash Available for Distribution. 4.1.1 Except as otherwise provided in Article 8, Cash Available for Distribution shall be distributed to the Members only at such times as may be determined by a Majority in Interest. 4.1.2 Subject to Article 8 hereof, all distributions of Cash Available for Distribution shall be distributed to the Members pro rata in accordance with their respective Percentage Interests. 4.1.3 Notwithstanding anything to the contrary contained herein, the Company shall distribute to APS the amount of One Million Five Hundred Thousand Dollars ($1,500,000) in immediately available funds on the date that the Certificate is filed with the Office of the Delaware Secretary of State.
Distributions of Cash Available for Distribution. At such times and in such amounts as the General Partner in its discretion determines appropriate, Cash Available for Distribution shall be distributed among the Partners in accordance with their Percentage Interests, except as otherwise provided in Sections 16.4. 11.
Distributions of Cash Available for Distribution. All Cash Available for Distribution at the end of each month of each calendar year shall be distributed, within 45 days after the end of such month, 99% to the Limited Partners and Unitholders considered as a class and 1% to the General Partners; provided, however, that after the Adjusted Contributions have been reduced to zero and the Target Return on Adjusted Contribution Accounts has been paid on a cumulative basis, such distributions shall be subordinated to the payment of any accrued but unpaid Incentive Fee, Termination Fee or Annual Asset Management and Partnership Administration Fee then owed to the General Partners in accordance with Sections 5.03(b)(iii), 5.03(b)(v) and 5.03(b)(vi).
Distributions of Cash Available for Distribution. 4.1.1 Except as otherwise provided in Article 9, Cash Available for Distribution shall be distributed to the Members only at such times as may be determined in the sole discretion of the Managing Member. 4.1.2 Subject to Article 9 hereof, all distributions of Cash Available for Distribution shall be distributed to the Members pro rata in accordance with their respective Percentage Interests.
Distributions of Cash Available for Distribution. Distributions of Cash Available for Distribution, if any, shall be made to the Members at such times and in such amounts as the Managing Members determines in their sole discretion. Any distributions shall be made as follows: pro rata among all of the Members, in proportion with their respective Percentage Interests less any amounts to be retained by the Company for future projects as determined by the Managing Members in their sole discretion.
Distributions of Cash Available for Distribution. The Cash Available for Distribution, as determined by the General Partner, will be distributed to the Partners in the proportions specified in Paragraph 4.01 at such time as the General Partner shall determine.