Examples of Net Cash From Sales or Refinancings in a sentence
Prior to the occurrence of any event specified in Section 9.1, and subject to availability of funds, applicable law, and any limitations contained elsewhere in this Agreement, Net Cash From Operations and Net Cash From Sales or Refinancings may be distributed at such times and in such amounts as may be approved by the Manager, to Common Members in proportion to their respective Percentage Interests.
Except as otherwise provided in Article XI hereof, Net Cash From Sales or Refinancings shall be distributed at such times as the General Partner in its sole discretion may determine in the following proportions ninety-nine percent (99%) to the Limited Partner; one percent (1%) to the General Partner.
Except as otherwise provided in Article VII hereof, Net Cash From Sales or Refinancings may be distributed, at such times as a Majority in Interest of the Class A Common Members may determine, to the Unit Holders in accordance with their respective Profits and Losses percentages set forth beside their names on Schedule A.
Subject to Schedule A and the last sentence of Section 7.1 and except as provided in Section 16.2, all Net Cash From Sales or Refinancings shall be distributed to the Common Members, as soon as practicable, in accordance with their respective Percentage Interests.
Net Cash From Sales or Refinancings shall be distributed, at such times as the General Partner may determine.