Forms of Liquidating Distributions. For purposes of making distributions required by Section 10.2 hereof, the Liquidator may determine whether to distribute all or any portion of the Property in-kind or to sell all or any portion of the Property and distribute the proceeds therefrom.
Appears in 45 contracts
Samples: Operating Agreement (Cardinal Ethanol LLC), Operating Agreement (Cardinal Ethanol LLC), Operating Agreement
Forms of Liquidating Distributions. For purposes of making distributions required by Section 10.2 hereofof this Agreement, the Liquidator may determine whether to distribute all or any portion of the Property in-kind or to sell all or any portion of the Property and distribute the proceeds therefrom.
Appears in 37 contracts
Samples: Operating Agreement (Homeland Energy Solutions LLC), Operating Agreement (Highwater Ethanol LLC), Operating Agreement
Forms of Liquidating Distributions. For purposes of making distributions required by Section 10.2 hereofof this Agreement, the Liquidator may determine whether to distribute all or any portion of the Property in-kind or to sell all or any portion of the Property and distribute the proceeds therefrom; provided, however, no Member shall be required to accept more than its, his, or her pro rata share of any Property in-kind.
Appears in 3 contracts
Samples: Operating Agreement (Amaizing Energy Holding Company, LLC), Operating Agreement (Amaizing Energy Holding Company, LLC), Operating Agreement (Amaizing Energy Holding Company, LLC)
Forms of Liquidating Distributions. For purposes of making distributions required by Section 10.2 hereofof this Agreement, the Liquidator may determine whether to distribute all or any portion of the Property in-kind in‑kind or to sell all or any portion of the Property and distribute the proceeds therefrom.
Appears in 1 contract
Samples: Operating Agreement (Southwest Iowa Renewable Energy, LLC)