Priority of Distributions. All Distributions (including in connection with the dissolution and liquidation of the Company pursuant to the terms of Article XI hereof) shall be made, when and as declared by the Manager, to the Holders pro rata based on the number of Common Units held by each such Holder.
Appears in 10 contracts
Samples: Operating Agreement (Stack Rock Capital, L.L.C.), Operating Agreement (Boise White Paper Sales Corp.), Limited Liability Company Agreement (Boise White Paper Sales Corp.)
Priority of Distributions. All Distributions (including in connection with the dissolution and liquidation of the Company pursuant to the terms of Article XI Xl hereof) shall be made, when and as declared by the Manager, to the Holders pro rata based on the number of Common Units held by each such Holder.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Boise White Paper Sales Corp.)
Priority of Distributions. All Distributions (including in connection with the dissolution and liquidation of the Company pursuant to the terms of Article XI hereof) shall be made, when and as declared by the ManagerManagers, to the Holders pro rata based on the number of Common Units held by each such Holder.
Appears in 1 contract
Samples: Limited Liability Company Operating Agreement (US Power Generating CO)
