Common use of Distributions of Cash Flow and Capital Proceeds Clause in Contracts

Distributions of Cash Flow and Capital Proceeds. (a) Any available cash of the Company, after allowance for payment of all Company obligations then due and payable, including debt service and operating expenses and for such reasonable reserves as [the Members may agree upon/contemplated in the Budget], shall be distributed to the Members, on at least a quarterly basis, pro rata in accordance with their respective Membership Interests.

Distributions of Cash Flow and Capital Proceeds. (a) Any available cash of the Company, after allowance for payment of all reasonable costs and expenses incurred by the Company obligations then due and payable, including debt service and operating expenses and for such reasonable reserves as [the Members may agree upon/contemplated in the Budget], shall may be distributed to the MembersMembers at such time as determined by the Board, on at least a quarterly basis, pro rata in accordance with their respective Membership Interests.

Distributions of Cash Flow and Capital Proceeds. (a) Any available cash of the Company, after allowance for payment of all Company obligations then due and payable, including debt service and operating expenses and for such reasonable reserves as [the Members Managers may agree upon/contemplated in the Budget], upon shall be distributed to the Members, on at least a quarterly basis, pro rata equally on a 50%/50% basis and not in accordance with their respective Membership Interests.

Distributions of Cash Flow and Capital Proceeds. (a) Any available cash of the Company, after allowance for payment of all reasonable costs and expenses incurred by the Company obligations then due and payable, including debt service and operating expenses and for such reasonable reserves as [the Members may agree upon/contemplated in the Budget]Board determines to be appropriate, shall will be distributed to the Members, on at least a quarterly basis, pro rata Members from time to time as determined by the Board in accordance with their respective Membership Interests.