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Common use of Remainder Clause in Contracts

Remainder. The balance shall be distributed to the Member(s) pro rata in proportion to their Percentage Interests.

Appears in 4 contracts

Sources: Operating Agreement (Maracay Homes, L.L.C.), Operating Agreement (Maracay Homes, L.L.C.), Operating Agreement (Maracay Homes, L.L.C.)

Related Clauses

  • Remainder of Agreement
  • REMAINDER OF PAGE INTENTIONALLY LEFT BLANK
  • Remainder of the Agreement
  • Intentionally Left Blank
  • Intentionally Blank

Parent Clauses

  • Financial Arrangements
  • Application of Revenues
  • Distributions and Other Matters
  • Compensation
  • Additional Members Dissolution Termination

Sub-Clauses

  • Nonprofit Termination
  • Foundation Termination
  • Successor Advisor Termination
  • Miscellaneous Expenses
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