Timing and Valuation. Subject to the provisions of Section 4.4(e), Distributable Assets shall be distributed by the Company only upon the occurrence of a Liquidation Event; provided that Additional Consideration with respect to a Liquidation Event and any Distributable Assets that are not Cash shall not be distributed upon the occurrence of a Liquidation Event and any Cash generated with respect thereto shall be distributed by the Company as soon as practicable after the receipt thereof by the Company.
Appears in 4 contracts
Samples: Limited Liability Company Agreement (Valeritas Inc), Agreement and Plan of Merger and Reorganization (Valeritas Inc), Limited Liability Company Agreement (Valeritas Inc)
