Common use of Distributions to Members Clause in Contracts

Distributions to Members. To the extent available after meeting the financial obligations of the Company, and after providing any necessary reserves as determined by the Manager, the Company shall distribute cash and other assets to the Member in a manner determined by the Manager, at such times and on such terms and conditions as deemed appropriate by the Manager.

Appears in 6 contracts

Samples: Operating Agreement (River Medical Inc), Operating Agreement (American Fiber Systems, Inc.), Operating Agreement (American Fiber Systems, Inc.)

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Distributions to Members. To the extent available after meeting the financial obligations of the Company, and after providing any necessary reserves as determined by the ManagerBoard, the Company shall distribute cash and other assets to the Member in a manner determined by the ManagerBoard, at such times and on such terms and conditions as deemed appropriate by the ManagerBoard.

Appears in 1 contract

Samples: Operating Agreement (American Fiber Systems, Inc.)

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