Distributions Prior to Liquidation. Any cash or other assets of the Company which are available for distribution shall be distributed to the Member at such times and in such amounts as the Member may determine.
Distributions Prior to Liquidation. Cash Available for ------------------------------------- Distribution, if any, shall be distributed at times and in amounts which the General Partner may, in its reasonable discretion, determine. Amounts not distributed in liquidation of the Partnership shall be distributed as follows:
Distributions Prior to Liquidation. A. Subject to Sections 5.3 and 5.4, and except to the extent deemed necessary by the General Partner to reserve for Committed Investments pursuant to 6.2.M, Operating Receipts for each fiscal year (or fractional portion thereof) shall be distributed to the Partners in proportion to their respective Percentages of Contributed Capital. Such distributions shall be made by the General Partner within ninety (90) days after the close of each fiscal year and at such other time or times as the General Partner shall determine.
Distributions Prior to Liquidation. 3.5.1 Subject to Sections 3.6 and 3.7, Available Cash for each Fiscal Year (or fractional portion thereof) shall be distributed to the Members at such time or times determined by the Managing Member (but not less frequently than annually) in proportion to their respective Capital Account balances.
Distributions Prior to Liquidation. Except as otherwise provided in this Agreement and subject to the limitations provided herein, and subject to all Mandatory Tax Distributions having been made, Distributions may be made to the Members at such times and in such amounts as the Board may determine. Distributions shall be made to the Members as follows:
Distributions Prior to Liquidation. Notwithstanding Section 6.3(b) of the Partnership Agreement and except as otherwise provided in Paragraph 8, prior to the liquidation of the Partnership in accordance with Section 12.4 of the Partnership Agreement, in the sole discretion of the General Partner, cash or other property of the Partnership shall be distributed to the Partners in the following order and priority; provided, however, that distributions pursuant to clause i below shall be made in cash only:
Distributions Prior to Liquidation. Subject to any limitations in the Construction Financing, Expansion Financing or Permanent Financing, Distributable Cash shall be disbursed or distributed entirely to Holding twenty five (25) days after the end of each calendar quarter in an amount equal to Distributable Cash less Additional Reserves (which Additional Reserves may include unencumbered funds from the Construction Financing, Expansion Financing or Permanent Financing, as the case may be, to the maximum extent permitted under such financing).
Distributions Prior to Liquidation. 37 Article 16.
Distributions Prior to Liquidation. Any cash of the Partnership available for distribution shall be distributed at such times and in such amounts as the General Partner and the Limited Partner may mutually determine. All distributions of cash pursuant to this Section 4.1(a) shall be allocated in accordance with the each Partner's Percentage Interest.
Distributions Prior to Liquidation. Prior to the dissolution of the Company and the commencement of the liquidation of its assets and winding up of its affairs, the Member, promptly following the end of its fiscal year and at such other times as it may deem appropriate, will determine and distribute the Company’s “net available cash flow” to the Member. For purposes of this Agreement, “net available cash flow” means the excess of gross cash receipts (exclusive of initial and additional capital contributions and, except to the extent the Member determines otherwise, proceeds received from any borrowings by the Company) over cash disbursements, without deduction for depreciation, cost recovery deductions, and other non-cash charges, for (a) ail operating costs, (b) all principal and interest payments on debts (including payments of Member loans), (c) all asset acquisition costs and capital costs necessary for the maintenance, repair, and improvement of the Company’s assets, and (d) reasonable reserves, as determined by the Member,
