Common use of Available Cash Clause in Contracts

Available Cash. Available Cash shall be determined by the Board on a quarterly basis within 30 days after the end of each calendar quarter. Subject to the remaining provisions of this Article 8 and any preferential or disproportionate distributions to the extent expressly provided for in this Agreement, and other than upon a liquidation of the Company pursuant to Section 13.4, the Company shall distribute such Available Cash within 45 days following the end of each calendar quarter to the Members of record, as follows.

Appears in 4 contracts

Samples: Services Agreement (Markwest Energy Partners L P), Limited Liability Company Agreement (Markwest Energy Partners L P), Limited Liability Company Agreement (Markwest Energy Partners L P)

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Available Cash. Available Cash shall be determined by the Management Board on a quarterly basis Calendar Quarter basis, effective at the end of each Calendar Quarter, within 30 thirty (30) days after the end of each calendar quartersuch Calendar Quarter. Subject to the remaining provisions of this Article 8 4 and any preferential or disproportionate distributions to the extent expressly provided for in this Agreement, and other than upon a liquidation of the Company pursuant to Section 13.414.3, the Company shall distribute such the Available Cash for a Calendar Quarter to the Members within 45 forty five (45) days following the end of each calendar quarter to the Members of record, as followsCalendar Quarter.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Exco Resources Inc), Limited Liability Company Agreement (Exco Resources Inc)

Available Cash. Available Cash shall be determined by the Board Operator on a quarterly basis within 30 45 days after the end of each calendar quarter. quarter in a manner consistent with the definition of the term “Available Cash.” Subject to the remaining provisions of this Article 8 and any preferential or disproportionate distributions to the extent expressly provided for in this AgreementAgreement (including, for the avoidance of doubt, the special distribution described in Section 4.1(e)), and other than upon a liquidation of the Company pursuant to Section 13.4, the Company shall distribute such Available Cash within 45 days following the end of each calendar quarter to the Members of record, as follows.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Markwest Energy Partners L P)

Available Cash. Available Cash shall be determined by the Board on a quarterly basis within 30 45 days after the end of each calendar quarter. Subject to the remaining provisions of this Article 8 and any preferential or disproportionate distributions to the extent expressly provided for in this Agreement, and other than upon a liquidation of the Company pursuant to Section 13.4, the Company shall distribute such Available Cash within 45 days following the end of each calendar quarter to the Members of record, as follows.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Markwest Energy Partners L P)

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Available Cash. Available Cash shall will be determined by the Board on a quarterly basis within 30 45 days after the end of each calendar quarterquarter and subject to Section 6.12(j). Subject to the remaining provisions of this Article 8 and any preferential or disproportionate distributions to the extent expressly provided for in this Agreement, and other than upon a liquidation of the Company pursuant to Section 13.4, the Company shall distribute such Available Cash will distribute, within 45 60 days following the end of each calendar quarter quarter, such Available Cash to the Members of record, record as followsof the time of such distribution in accordance with the Members’ respective Percentage Interests as of the end of the calendar quarter to which such distribution relates.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Rice Energy Inc.)

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