Common use of Distributions of Net Cash Flow Clause in Contracts

Distributions of Net Cash Flow. Subject to the provisions of Section 6.4 hereof and prior to the dissolution and termination of the Company, and subject to Section 18-607 of the LLC Act, Net Cash Flow of the Company for any Fiscal Year shall be distributed monthly (if and to the extent available) by the Company in the following order of priority: (i) FIRST, to Cordish, until such time as the Unpaid Cordish Preferred Return has been reduced to zero. (ii) SECOND, in the sole and absolute discretion of the Manager, to Inland, until such time as the Unpaid Inland Preferred Return has been reduced to zero. (iii) THIRD, in the sole and absolute discretion of the Manager, the balance, to the Members, in proportion to their respective Percentage Interests in the Company.