Common use of Order of Distribution Clause in Contracts

Order of Distribution. Upon completion of all desired sales of Company Property, and after payment of all selling costs and expenses, the proceeds of such sales, and any Company Property that is to be distributed in kind, shall be distributed to the following groups in the following order of priority:

Appears in 9 contracts

Samples: Limited Liability Company Agreement (Directv), Time Warner LLC, Liability Company Agreement (CST Metro LLC)

AutoNDA by SimpleDocs

Order of Distribution. Upon completion of the sale of all desired sales of Company Property, and after payment of all selling costs and expenses, the proceeds of such sales, and any Company Property that is to be distributed in kind, sales shall be distributed to the following groups in the following order of priority:

Appears in 1 contract

Samples: Operating Agreement (Ryland Group Inc)

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