Common use of AVAILABLE CASH FLOW Clause in Contracts

AVAILABLE CASH FLOW. Subject to applicable law, the Manager from time to time may elect to distribute Available Cash Flow of the LLC to the Members in proportion to their Percentage Interests as of the time of such distribution. For purposes of allocations of Net Profits pursuant to Section 4.1.1, Available Cash Flow attributable to a specific fiscal year of the LLC shall be deemed distributed as of the end of such fiscal year.

Appears in 4 contracts

Samples: Limited Liability Company Operating Agreement (Euroweb International Corp), Limited Liability Company Operating Agreement (Euroweb International Corp), Limited Liability Company Operating Agreement (Euroweb International Corp)

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AVAILABLE CASH FLOW. Subject to applicable law, the Manager from time to time may elect to The Managers shall on a quarterly basis distribute Available Cash Flow of the LLC to the Members in proportion to their Percentage Interests as of the time of such distribution. For purposes of allocations of Net Profits pursuant to Section 4.1.15.1.1, Available Cash Flow attributable to a specific fiscal year of the LLC shall be deemed distributed as of the end of such fiscal year.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Imx Pharmaceuticals Inc)

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