Limitation on Repurchase Payments. Notwithstanding anything contained in this Article XV to the contrary, in no event shall the Company be obligated to pay in any calendar quarter an aggregate amount which exceeds twenty percent (20%) of the Company’s EBITDA during such calendar quarter (the “Repurchase Cap”) to former Members, Involuntary Transferees of Members and/or their respective legal representatives or successors in interest in connection with the repurchase of their Interests and Units. If in any calendar quarter the Company is scheduled to make payments to former Members, Involuntary Transferees of Members, and/or their respective legal representatives or successors in interest that would in the aggregate exceed the Repurchase Cap, then the Company shall pay the maximum amount possible without exceeding the Repurchase Cap in the following order of priority:
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Samples: Operating Agreement (Viking Energy Group, Inc.), Operating Agreement (Viking Energy Group, Inc.), Operating Agreement (Viking Energy Group, Inc.)
Limitation on Repurchase Payments. Notwithstanding anything contained in this Article XV to the contrary, in no event shall the Company be obligated to pay in any calendar quarter an aggregate amount which exceeds twenty percent (20%) of the Company’s EBITDA during such calendar quarter (the “Repurchase Cap”) to former Physician Class D Members, Involuntary Transferees of Members and/or their respective legal representatives or successors in interest in connection with the repurchase of their Interests and Units. If in any calendar quarter the Company is scheduled to make payments to former Physician Class D Members, Involuntary Transferees of Members, and/or their respective legal representatives or successors in interest that would in the aggregate exceed the Repurchase Cap, then the Company shall pay the maximum amount possible without exceeding the Repurchase Cap in the following order of priority:
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