Operating Cash Flow Distributions. Subject to the terms of Section 4.5(d) hereof, the Company shall distribute Operating Cash Flow for each month during the term of the Company in which there is Operating Cash Flow (such distribution to be made monthly, within twenty-one (21) days after the end of each such month) to the Members, as follows:
Appears in 9 contracts
Samples: Limited Liability Company Agreement (CNL Growth Properties, Inc.), Limited Liability Company Agreement (CNL Growth Properties, Inc.), Limited Liability Company Agreement (CNL Growth Properties, Inc.)
Operating Cash Flow Distributions. Subject to the terms of Section 4.5(d) hereof, the Company shall distribute Operating Cash Flow for each month during the term of the Company in which there is Operating Cash Flow (such distribution to be made monthly, within twenty-one thirty (2130) days after the end of each such month) to the Members, as follows:
Appears in 3 contracts
Samples: Limited Liability Company Agreement (CNL Growth Properties, Inc.), Limited Liability Company Agreement (Global Growth Trust, Inc.), Limited Liability Company Agreement (Global Growth Trust, Inc.)
Operating Cash Flow Distributions. Subject to the terms of Section 4.5(d) and Section 9.6 hereof, the Company shall distribute Operating Cash Flow for each month during the term of the Company in which there is Operating Cash Flow (such distribution to be made monthly, within twenty-one (21) days after the end of each such month) to the Members, as follows:Members pro rata in accordance with their respective Percentage Interests.
Appears in 2 contracts
Samples: Limited Liability Company Agreement, Limited Liability Company Agreement (CNL Growth Properties, Inc.)
Operating Cash Flow Distributions. Subject to the terms of Section Sections 4.5(d) and 10.8(d) hereof, the Company shall distribute Operating Cash Flow for each month quarter during the term of the Company in which there is Operating Cash Flow (such distribution to be made monthlyquarterly, within twenty-one (21) days after the end of each such monthquarter) to the Members, as follows:
Appears in 1 contract
Samples: Limited Liability Company Agreement (CNL Growth Properties, Inc.)
Operating Cash Flow Distributions. Subject to the terms of Section 4.5(d9.4(d) hereof, the Company shall distribute Operating Cash Flow for each month during the term of the Company in which there is Operating Cash Flow (such distribution to be made monthly, within twenty-one (21) days after the end of each such month) to the Members, as follows:
Appears in 1 contract
Samples: Liability Company Agreement (CNL Growth Properties, Inc.)
