Common use of Liquidating Distribution Clause in Contracts

Liquidating Distribution. If the Company is liquidated pursuant to Article X below, the assets to be distributed pursuant to Section 10.3 below shall be distributed to the Members pro-rata in accordance with their Capital Account balances, after making the adjustments for allocations under Article III above.

Appears in 2 contracts

Samples: Operating Agreement, Operating Agreement

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Liquidating Distribution. If In the event the Company is liquidated pursuant to Article X IX, below, the assets to be distributed distribu- tions pursuant to Section 10.3 below 8.3(d), below, shall be distributed to the Members pro-rata in accordance with their Capital Account balances, after making the adjustments for allocations under Article III aboveV, below, up to and including the date of the liquidating distribution.

Appears in 1 contract

Samples: Operating Agreement (Diana Corp)

Liquidating Distribution. If In the event the Company is liquidated pursuant to Article X IX, below, the assets to be distributed distribu- tions pursuant to Section 10.3 below 8.3(d), below, shall be distributed to the Members pro-rata in accordance with their Capital Account balances, after making the adjustments for allocations under Article III aboveV, below, up to and including the date of the liquidating distribu- tion.

Appears in 1 contract

Samples: Operating Agreement (Diana Corp)

Liquidating Distribution. If the Company is liquidated pursuant to Article X VIII below, the assets to be distributed Distributed pursuant to Section 10.3 below shall be distributed Distributed to the Members pro-rata in accordance with their Capital Account balances, after making the adjustments for allocations under Article III above.

Appears in 1 contract

Samples: Operating Agreement

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Liquidating Distribution. If the Company is liquidated pursuant ------------------------ to Article X VIII below, the assets to be distributed Distributed pursuant to Section 10.3 8.03(b) ------------ --------------- below shall be distributed Distributed to the Members pro-rata in accordance with their Capital Account balances, after making the adjustments for allocations under Article III above.

Appears in 1 contract

Samples: Operating Agreement (Alliant Energy Corp)

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