Tax Distribution. Subject to any applicable restrictions in the Company's loan agreements, within ninety (90) calendar days after the end of each Fiscal Year, the Management Committee shall use reasonable efforts to cause the Company to distribute to the Members an amount equal to the Tax Distribution for the preceding Fiscal Year. The Tax * CONFIDENTIAL TREATMENT REQUEST(ED) 128 Distribution shall be distributed to the Members in accordance with their respective Percentage Interests.
Appears in 3 contracts
Samples: Series C Preferred Stock Purchase Agreement (Mp3 Com Inc), Series C Preferred Stock Purchase Agreement (Mp3 Com Inc), Series C Preferred Stock Purchase Agreement (Mp3 Com Inc)
Tax Distribution. Subject to any applicable restrictions in the Company's loan agreements, within ninety (90) calendar days after the end of each Fiscal Year, the Management Committee shall use reasonable efforts to cause the Company to distribute to the Members an amount equal to the Tax Distribution for the preceding Fiscal Year. The Tax * CONFIDENTIAL TREATMENT REQUEST(ED) -19- 128 Distribution shall be distributed to the Members in accordance with their respective Percentage Interests.
Appears in 1 contract
Samples: Series C Preferred Stock Purchase Agreement (Mp3 Com Inc)
