Common use of Liquidation Event Distributions Clause in Contracts

Liquidation Event Distributions. On the first Business Day after the ------------------------------- Company receives any Liquidation Proceeds, the Company shall cause the distribution of the Net Liquidation Proceeds After Debt Service to make the following payments: (1) All amounts described in paragraph 5(a)-(d) hereof for all Distribution Dates occurring on or prior to such Business Day that have not previously been paid, in the priority set forth in such clause; (2) An amount equal to the sum of all Daily Preferred Yield Amounts for each day occurring since the last Distribution Date on or prior to such Business Day; (3) In redemption of the Class B Equity Interests at their par value; and (4) To the Other Shareholders in accordance with the number of Class A Shares owned by each of the Other Shareholders.

Liquidation Event Distributions. On the first Business Day after the ------------------------------- Company receives any Liquidation Proceeds, the Company shall cause the distribution of the Net Liquidation Proceeds After Debt Service to make the following payments: (1a) All amounts described in paragraph 5(a)-(d) hereof for all Distribution Dates occurring on or prior to such Business Day that have not previously been paid, in the priority set forth in such clause; (2b) An amount equal to the sum of all Daily Preferred Yield Amounts for each day occurring since the last Distribution Date on or prior to such Business Day; (3c) In redemption of the Class B Equity Interests Shares at their par value; and (4d) To the Other Shareholders in accordance with the number of Class A Shares owned by each of the Other Shareholders.

Liquidation Event Distributions. On the first Business Day after the ------------------------------- Company receives any Liquidation Proceeds, the Company shall cause the distribution of the Net Liquidation Proceeds After Debt Service to make the following payments: (1a) All amounts described in paragraph 5(a)-(d) hereof for all Distribution Dates occurring on or prior to such Business Day that have not previously been paid, in the priority set forth in such clause; (2b) An amount equal to the sum of all Daily Preferred Yield Amounts for each day occurring since the last Distribution Date on or prior to such Business Day; (3c) In redemption of the Class B Equity Interests Shares at their par value; andand 148 (4d) To the Other Shareholders in accordance with the number of Class A Shares owned by each of the Other Shareholders.