Allocations and Distributions During Period of Liquidation. During the period commencing on the first day of the Fiscal Quarter during which a Liquidating Event occurs and ending on the date on which all of the assets of the Company have been distributed to the Members pursuant to Section 13.2, the Members shall continue to share Profits, Losses, gain, loss, and other items of Company income, gain, loss, or deduction in the manner provided in Section 3 (other than pursuant to Sections 3.1(a) and 3.1(c)) but no distributions shall be made pursuant to Section 4.
Appears in 3 contracts
Samples: Limited Liability Company Agreement (General Mills Inc), Limited Liability Company Agreement (General Mills Inc), Limited Liability Company Agreement (General Mills Inc)
Allocations and Distributions During Period of Liquidation. During the period commencing on the first day of the Fiscal Quarter Year during which a Liquidating Event occurs and ending on the date on which all of the assets of the Company have been distributed to the Members pursuant to Section 13.212.2 hereof, the Members shall continue to share Profits, Losses, gain, loss, and other items of Company income, gain, loss, or deduction in the manner provided in Section 3 (other than pursuant to Sections 3.1(a) and 3.1(c)) Article III but no distributions shall be made pursuant to Section 4Article IV.
Appears in 3 contracts
Samples: Operating Agreement, Operating Agreement, Operating Agreement
Allocations and Distributions During Period of Liquidation. During the period commencing on the first day of the Fiscal Quarter Year during which a Liquidating Event occurs and ending on the date on which all of the assets of the Company have been distributed to the Members pursuant to Section 13.212.2 hereof, the Members shall continue to share Profits, Losses, gain, loss, and other items of Company income, gain, loss, or deduction in the manner provided in Section 3 (other than pursuant to Sections 3.1(a) and 3.1(c)) Article III but no distributions shall be made pursuant to Section 4Article IV after the day on which the Liquidating Event occurs.
Appears in 2 contracts
Samples: Operating Agreement (Atlas Pipeline Partners Lp), Operating Agreement (Atlas Pipeline Partners Lp)
Allocations and Distributions During Period of Liquidation. During the period commencing on the first day of the Fiscal Quarter Year during which a Liquidating Event occurs and ending on the date on which all of the assets of the Company have been distributed to the Members pursuant to Section 13.212.2, the Members shall continue to share Profits, Losses, gain, loss, and other items of Company income, gain, loss, or deduction in the manner provided in Section 3 (other than pursuant to Sections 3.1(a) and 3.1(c)) 4, but no distributions shall be made pursuant to Section 45.
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Allocations and Distributions During Period of Liquidation. During the period commencing on the first day of the Fiscal Quarter Year during which a Liquidating Dissolution Event occurs and ending on the date on which all of the assets of the Company have been distributed to the Members pursuant to Section 13.2, 12.2 hereof the Members shall continue to share Profits, Losses, gain, loss, loss and other items of Company income, gain, loss, loss or deduction in the manner provided in Section 3 (other than pursuant to Sections 3.1(a) and 3.1(c)) hereof but no distributions shall be made pursuant to Section 4.4 hereof shall be made. 12.8
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