Common use of Member Preferred Return Clause in Contracts

Member Preferred Return. First, 100% of all Current Proceeds to Members until Members have received cumulative distributions of Investment Proceeds, without duplication, pursuant to this clause (A) and clause (C) below and pursuant to Section 6.2(b)(i)(B) and Section 6.2(b)(i)(D) equal to the Preferred Return;

Member Preferred Return. FirstSecond, 100% of all Current remaining Disposition Proceeds to Members until Members they have each received cumulative distributions of Investment Proceeds, without duplication, pursuant to this clause (AB) and clause (CD) below and pursuant to Section 6.2(b)(i)(B6.2(b)(ii)(A) and Section 6.2(b)(i)(D6.2(b)(ii)(C) below equal to a 6% per annum, compounded annually, on Member’s unreturned capital contributions to the Fund (including amounts contributed to pay Management Fees, Administration Fees, Organizational Expenses and other Fund Expenses) (the “Preferred Return”);