Preferred Return. First, to the Members, pro rata in accordance with their percentage interests in the Company (as defined in the Operating Agreement - “Percentage Interest”), until all Members have received a cumulative, non-compounded preferred return of 8% per annum on their Capital Contributions.
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Samples: Company Agreement (Tulsa Real Estate Fund, LLC), Company Agreement (Tulsa Real Estate Fund, LLC), Company Agreement (Tulsa Real Estate Fund, LLC)
Preferred Return. First, to the Members, pro rata in accordance with their percentage interests Percentage Interests in the Company (as defined in the Operating Agreement - “Percentage Interest”Company), until all Members have received a cumulative, non-compounded preferred return of 8% per annum on their Capital Contributions.
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