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)
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)
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)