Common use of Items Taken Into Account Clause in Contracts

Items Taken Into Account. In determining the amount and timing of distributions, the Manager may take into account the following items of income and expense, among others: 4.3.1. Revenue from the rental of solar projects; 4.3.2. Revenue from operations and maintenance contracts; 4.3.3. Payments made to landowners; 4.3.4. The cost of utilities, security, insurance, and software; 4.3.5. Expenses associated with operating and maintaining solar power projects; 4.3.6. The net proceeds from the sale or refinancing of property; 4.3.7. The cost of equipment; 4.3.8. Debt service payments; 4.3.9. Cash distributions from, and capital contributions to, entities in which the Company owns an interest; 4.3.10. Amounts added to and released from reserve accounts established by the Manager in its sole discretion; 4.3.11. Fees paid to the Manager and its affiliates; 4.3.12. Fees paid to third parties; and 4.3.13. All of the other operating expenses of the Company.

Appears in 3 contracts

Samples: Limited Liability Company Agreement (Energea Portfolio 3 Africa LLC), Limited Liability Company Agreement (Energea Portfolio 2 LLC), Limited Liability Company Agreement (Energea Portfolio 2 LLC)

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Items Taken Into Account. In determining the amount and timing of distributions, the Manager may take into account the following items of income and expense, among others: 4.3.1. Revenue from the rental of solar projects; 4.3.2. Revenue from operations and maintenance contracts; 4.3.3. Payments made to landowners; 4.3.4. The cost of utilities, security, insurance, and software;; P a g e | 4 4.3.5. Expenses associated with operating and maintaining solar power projects; 4.3.6. The net proceeds from the sale or refinancing of property; 4.3.7. The cost of equipment; 4.3.8. Debt service payments; 4.3.9. Cash distributions from, and capital contributions to, entities in which the Company owns an interest; 4.3.10. Amounts added to and released from reserve accounts established by the Manager in its sole discretion; 4.3.11. Fees paid to the Manager and its affiliates; 4.3.12. Fees paid to third parties; and 4.3.13. All of the other operating expenses of the Company.

Appears in 3 contracts

Samples: Limited Liability Company Agreement (Energea Portfolio 1 LLC), Limited Liability Company Agreement (Energea Portfolio 1 LLC), Limited Liability Company Agreement (Energea Portfolio 2 LLC)

Items Taken Into Account. In determining the amount and timing of distributions, the Manager may take into account the following items of income and expense, among others: 4.3.1. Revenue from the rental of solar projects; 4.3.2. Revenue from operations and maintenance contracts; 4.3.3. Payments made to landowners; 4.3.4. The cost of utilities, security, insurance, and software; 4.3.5. Expenses associated with operating and maintaining solar power projects; 4.3.6. The net proceeds from the sale or refinancing of property; 4.3.7. The cost of equipment; 4.3.8. Debt service payments; 4.3.9. Cash distributions from, and capital contributions to, entities in which the Company owns an interest; 4.3.10. Amounts added to and released from reserve accounts established by the Manager in its sole discretion;; P a g e | 4 4.3.11. Fees paid to the Manager and its affiliates; 4.3.12. Fees paid to third parties; and 4.3.13. All of the other operating expenses of the Company.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Energea Portfolio 3 Africa LLC)

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Items Taken Into Account. In determining the amount and timing of distributions, the Manager may take into account the following items of income and expense, among others: 4.3.1. Revenue from the rental of solar projects; 4.3.2. Revenue from operations and maintenance contracts; 4.3.3. Payments made to landowners; 4.3.4. The cost of utilities, security, insurance, and software; 4.3.5. Expenses associated with operating and maintaining solar power projects; 4.3.6. The net proceeds from the sale or refinancing of property; 4.3.7. The cost of equipment; 4.3.8. Debt service payments; 4.3.9. Cash distributions from, and capital contributions to, entities in which the Company owns an interest; 4.3.10. Amounts added to and released from reserve accounts established by the Manager in its sole discretion; 4.3.11. Fees paid to the Manager and its affiliates; 4.3.12. Fees paid to third parties; and 4.3.13. All of the other operating expenses of the Company.. P a g e | 4

Appears in 1 contract

Samples: Limited Liability Company Agreement (Energea Portfolio 4 USA LLC)

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