Common use of Distributions or Withdrawals Clause in Contracts

Distributions or Withdrawals. (a) The Awardee shall not, without the prior written approval of RUS, make any dividend, stock, or capital distribution, or any membership withdrawals, unit redemptions, or other type of profit allocation to its members, or other distribution in the nature of an investment, guarantee, extension of credit, advance, or loan, nor make a capital credit distribution (all such distributions being hereinafter collectively called “Distributions;”) provided, however, Distributions may be made in each calendar year as follows:

Distributions or Withdrawals. (a) The Awardee shall not, without the prior written approval of RUS, make any dividend, stock, or capital distribution, or any membership withdrawals, unit redemptions, or other type of profit allocation to its members, or other distribution in the nature of an investment, guarantee, extension of credit, advance, or loan, nor make a capital credit distribution (all such distributions being hereinafter collectively called “Distributions;”) provided, however, Distributions may be made in each calendar year as follows:

Distributions or Withdrawals. (a) The Awardee shall not, without the prior written approval of RUS, make any dividend, stock, or capital distribution, or any membership withdrawalswithdrawal, unit redemptions, or other type of profit allocation to its members, if it is a limited liability company, nor make any dividend, stock, capital, capital credit or other distribution in the nature of an investment, guarantee, extension of credit, advanceloan or advance payment on obligations, if it is a corporation or loan, nor make a capital credit distribution cooperative (all such distributions being hereinafter collectively called “"Distributions;”) "); provided, however, Distributions the Awardee may be made in each calendar year as follows:make a Distribution after all Grant funds have been expended.