Common use of Operating Distributions Clause in Contracts

Operating Distributions. Subject to Section 4.1(d) with respect to Tax Distributions, all Distributions by the Company other than those made in connection with a Liquidity Event pursuant to Section 4.1(c), shall be made or allocated to holders of Common Units pro rata based on the number of Common Units held by each such holder.

Appears in 2 contracts

Samples: Operating Agreement (Enfusion, Inc.), Operating Agreement (Enfusion, Inc.)

AutoNDA by SimpleDocs

Operating Distributions. Subject to Section 4.1(d) with respect to Tax DistributionsUnvested Units, all Distributions by the Company other than those made in connection with a Liquidity Event pursuant to Section 4.1(c), shall be made or allocated to holders of Common Participating Units pro rata based on the number of Common Participating Units held by each such holder.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (ZoomInfo Technologies Inc.), Limited Liability Company Agreement (ZoomInfo Technologies Inc.)

Operating Distributions. Subject to Section 4.1(d) with respect to Tax Distributions, all Distributions by the Company other than those made in connection with a Liquidity Event pursuant to Section 4.1(c), shall be made or allocated to holders of Class A Common Units pro rata based on the number of Class A Common Units held by each such holderholder and the total number of outstanding Class A Common Units.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Redbox Entertainment Inc.)

AutoNDA by SimpleDocs

Operating Distributions. Subject to Section 4.1(d4.1(e) with respect to Tax DistributionsDistribution, all Distributions by the Company other than those made in connection with a Liquidity Event pursuant to Section 4.1(c), shall be made or allocated to holders of Common Participating Units pro rata based on the number of Common Participating Units held by each such holder.

Appears in 1 contract

Samples: Merger Agreement (ZoomInfo Technologies Inc.)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!