Common use of Distributions of Operating Cash Flow Clause in Contracts

Distributions of Operating Cash Flow. Unless otherwise agreed in writing by the Members, the Company shall (subject to the terms of the Existing Credit Facility or any replacement thereof) distribute Operating Cash Flow for each calendar month in which there is Operating Cash Flow (such distribution to be made within twenty (20) days after the end of each such calendar month) to the Members as follows:

Appears in 3 contracts

Samples: Operating Agreement (Pebblebrook Hotel Trust), Operating Agreement (Pebblebrook Hotel Trust), Operating Agreement (Pebblebrook Hotel Trust)

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Distributions of Operating Cash Flow. Unless otherwise mutually agreed in writing by the Members, the Company shall (subject to the terms of the Existing Credit Facility or any replacement thereoffinancing) distribute Operating Cash Flow for each calendar month quarterly period in which there is Operating Cash Flow (such distribution to be made within twenty thirty (2030) days after the end of each such calendar monthquarter of each Fiscal Year) to the Members as follows:

Appears in 1 contract

Samples: Operating Agreement (Hersha Hospitality Trust)

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Distributions of Operating Cash Flow. Unless otherwise mutually agreed in writing by the Members, the Company shall (subject to the terms of the Existing Credit Facility Documents or any replacement thereof) distribute Operating Cash Flow for each calendar month quarterly period in which there is Operating Cash Flow (such distribution to be made within twenty thirty (2030) days after the end of each such calendar monthquarter of each Fiscal Year) to the Members as follows:

Appears in 1 contract

Samples: Operating Agreement (Hersha Hospitality Trust)

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