Other Cash Distributions Sample Clauses

Other Cash Distributions. 8.2.1 Distribution of any net proceeds upon the sale, exchange or other disposition of all or substantially all of the Company Property shall be made in accordance with Section 16.2, subject to the same limitation set forth in Section 8.1.1.
AutoNDA by SimpleDocs
Other Cash Distributions. In addition to any distributions made pursuant to paragraph 7.4 above, the General Partner shall from time to time make distributions of cash proceeds from the sale of Portfolio Company Securities, other than cash which is required for reasonable working capital requirements of the Partnership, in the following proportions: (a) First, an amount equal to the Reference NAV for the applicable Portfolio Company to all Partners in proportion to their respective Partnership Percentages; and (b) Thereafter, any remainder to all Partners in proportion to the relative net amounts that have been allocated (or are expected be allocated) to them with respect to such Portfolio Company pursuant to paragraph 5.1(a) but that have not yet been distributed.
Other Cash Distributions. Distribution of any net proceeds upon the sale, exchange or other disposition of any Company Property shall be made in accordance with Section 17.2. Distributions of Net Cash From Refinancings shall be made to the Members in the following manner: a. first, to the Members who have made loans to the Company, until such loans and all accrued interest thereon have been repaid; b. second, to the extent the Members' Preferred Return has not been fully paid, such sums as are necessary to fully pay the Members' Preferred Return shall be paid to Members ratably in proportion to their respective Percentage Interests; c. third, to the Members in an amount equal to one hundred percent (100%) of their Capital Contributions up to their Committed Capital, ratably in proportion to the Members respective Percentage Interests in the Company, until such Capital Contributions have been fully repaid; and d. thereafter, the balance, if any, shall be distributed thirty seven percent (37%) to * and sixty three percent (63%) to TIC.
Other Cash Distributions. 8 ARTICLE 5
Other Cash Distributions. Distributions of cash in excess of the amount determined under Section 7.2 above shall be distributed to the Members if and when determined by the Manager, but shall only be made to the extent of and in proportion to the Members' ownership of Units, and any such distributions shall be made at the same time to each of the Members.
Other Cash Distributions. If after the [Original] Effective Date, the Company shall declare and pay any distributions in cash in respect of the Restricted Units, other than tax distributions pursuant to Section 6.01(b) of the Operating Agreement, such funds distributed in respect of the Unvested Units shall, subject to Section 6 below, be held by the Company and shall be subject to forfeiture by and release to the Grantee to the same extent as the Unvested Units. Upon the applicable vesting date(s) on which the Unvested Units become Vested Units, the Company shall release such funds to the Grantee, plus accrued interest (if any), on such funds.
Other Cash Distributions. If after the Effective Date, the Company shall declare and pay any distributions in cash in respect of the Restricted Units, other than tax distributions pursuant to Section 6.01(b) of the Operating Agreement, such funds distributed in respect of the Unvested Units shall, subject to Section 6 below, be held by the Company and shall be subject to forfeiture by and release to the Grantee to the same extent as the Unvested Units. Upon the applicable vesting date(s) on which the Unvested Units become Vested Units, the Company shall release such funds attributable to those Vested Units to the Grantee, plus accrued interest (if any), on such funds.
AutoNDA by SimpleDocs
Other Cash Distributions. 15 10.3 Special Land Distributions and Right of First Refusal................16 10.4
Other Cash Distributions. If after the Grant Date, the Company shall declare and pay any distributions in cash in respect of the Class A Shares, other than tax distributions pursuant to Article IV of the LLC Agreement, such funds distributed in respect of the Unvested Class A Shares shall, subject to Article IV, be held by the Company and shall be subject to forfeiture by the Participant as provided herein or release to the Participant upon the vesting thereof (if any) in accordance with the LLC Agreement.
Other Cash Distributions a. Liquidating distributions of any net proceeds upon the sale, exchange or other disposition of all or substantially all of the assets of the Company shall be made in accordance with Section 13.3. b. Distributions of Net Cash From Sales or Refinancings shall be made to the Members as follows: (i) First, to all accrued and unpaid Acquisition Fees, such distribution to be made equally to TIC and AR; (ii) Second, to all accrued and unpaid Development Fees and Marketing Fees, ratably in proportion to the amounts thereof then accrued; (iii) Third, to the Members, ratably in proportion to their respective Adjusted Capital Contributions, in an amount equal to the aggregate amount of all Adjusted Capital Contributions; (iv) Thereafter all other Net Cash From Sales or Refinancings shall be allocated and distributed to the Members ratably in proportion to their Percentage Interests, as then existing.
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!