Common use of Use of Cash Clause in Contracts

Use of Cash. Subject to applicable legal and contractual restrictions and to Section 11.2 and Article 10, Company cash will be treated as follows (in the following order of priority):

Appears in 2 contracts

Samples: Joint Venture Operating Agreement (Photronics Inc), Joint Venture Operating Agreement (Photronics Inc)

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Use of Cash. Subject to applicable legal and contractual restrictions and to Section 11.2 9.2 and Article 108, Company cash will be treated as follows (in the following order of priority):

Appears in 2 contracts

Samples: Limited Liability Company (Photronics Inc), Limited Liability Company Operating Agreement (Photronics Inc)

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Use of Cash. Subject to applicable legal and contractual restrictions and to Section 11.2 and Article 10, Company cash will be treated as follows (in the following order of priority):*

Appears in 1 contract

Samples: Joint Venture Operating Agreement (Photronics Inc)

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