Calculation of Distributions. In calculating all distributions payable to any holders of Units, the Manager shall round the amount per unit to the nearest whole cent ($0.01), with one-half cent rounded upward.
Appears in 3 contracts
Samples: Limited Liability Company Agreement (SmileDirectClub, Inc.), Limited Liability Company Agreement (SmileDirectClub, Inc.), Operating Agreement (Five Point Holdings, LLC)
Calculation of Distributions. In calculating all distributions payable to any holders of Units, the Manager Operating Managing Member shall round the amount per unit to the nearest whole cent ($0.01), with one-half cent rounded upward.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Five Point Holdings, LLC)
Calculation of Distributions. In calculating all distributions payable to any holders of Units, the Manager shall round the amount per unit to the nearest whole cent ($0.01), ) with one-half cent rounded upward.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Alexander & Baldwin, Inc.)
Calculation of Distributions. In calculating all distributions payable to any holders of Units, the Manager Managing Member shall round the amount per unit to the nearest whole cent ($0.01), with one-half cent rounded upward.
Appears in 1 contract
