Common use of Priority & Timing Clause in Contracts

Priority & Timing. No Member shall have priority over any other Member with regard to allocations of profit or losses or distributions from the Company. All distributions of Company funds to the Members shall be made at such times as the Members may determine.

Priority & Timing. No Member shall have priority over any other Member with regard to allocations of profit profits or losses or distributions from the Company. All distributions of Company funds to the Members shall be made at such times as the Members may determine.