Payments and Distributions. Company property or the proceeds therefrom, to the extent sufficient therefor, shall be applied and distributed in the following order of priority, with no distribution being made in any category set forth below until each preceding category has been satisfied in full:
Appears in 31 contracts
Samples: Limited Liability Company Operating Agreement (Ncop Xi, LLC), Limited Liability Company Operating Agreement (Ncop Xi, LLC), Limited Liability Company Operating Agreement (NCOP/Marlin, Inc.)
Payments and Distributions. Company property Property or the proceeds therefrom, to the extent sufficient therefor, shall be applied and distributed in the following order of priority, with no distribution being made in any category set forth below until each preceding category has been satisfied in full:full (collectively, the “Final Distribution”):
Appears in 2 contracts
Samples: Limited Liability Company Agreement, Limited Liability Company Agreement
Payments and Distributions. Company property or the proceeds -------------------------- therefrom, to the extent sufficient therefor, shall be applied and distributed in the following order of priority, with no distribution being made in any category set forth below until each preceding category has been satisfied in full:
Appears in 1 contract
Samples: Liability Company Agreement (Pacific Aerospace & Electronics Inc)
Payments and Distributions. Company property or the -------------------------- proceeds therefrom, to the extent sufficient therefor, shall be applied and distributed in the following order of priority, with no distribution being made in any category set forth below until each preceding category has been satisfied in full:
Appears in 1 contract
Samples: Limited Liability Company Agreement (Pacific Aerospace & Electronics Inc)
