Examples of Net Cash From Operations in a sentence
If such a determination is made, the Managers will finance the contest of the proposed adjustments out of the Net Cash From Operations.
Net Cash From Operations shall be distributed at such times as are reasonably determined by the Managing Member, but not less frequently than quarterly (each a “Distribution Period”).
For a description of the share of Net Cash From Operations and the allocation of income and loss to which the General Partner and former co-General Partner are entitled, reference is made to Note 3 to the Consolidated Financial Statements, included in the Partnership's Annual Report to Unitholders for the year ended December 31, 1997, which is filed as an exhibit under item 14.
A Limited Partner who changes his Units from Class B Status to Class A Status will, from the effective date of such change until the Limited Partner changes back to Class B Status, be entitled to receive annual distributions of Net Cash From Operations and no longer be allocated deductions for depreciation, amortization and cost recovery and Net Loss.
Class B Status Limited Partners will not receive any Net Cash From Operations.