Distribution of Capital Proceeds. Capital Proceeds shall be distributed promptly after a Capital Transaction (unless (x) such distribution is not in compliance with law or (y) such distribution would result in a breach of any covenants or undertakings provided by the Company (including covenants or undertakings provided for third party financing) or would, in the opinion of the Members, acting reasonably, be likely to do so during the following twelve (12) months) in the following order of priority:
Distribution of Capital Proceeds. Subject to Section 5.1.C, Section 5.1.D and Section 13.2, distributions of Capital Proceeds shall be made as follows:
Distribution of Capital Proceeds. Capital Proceeds of the Partnership shall be distributed to the Partners within 10 days following receipt by the Partnership of such Capital Proceeds as follows: 1% to the Developer Partner and 99% to the Limited Partner.
Distribution of Capital Proceeds. (1) First, Capital Proceeds shall be distributed one hundred percent (100%) to the General Partner until the General Partner has received distributions under this Section 5.1.B(1) equal to the General Partner Unpaid Priority Return;
Distribution of Capital Proceeds. Net Capital Proceeds shall be distributed and applied by the Company in the following order and priority:
Distribution of Capital Proceeds. Except as provided in Section 5.4 hereof, distributions of all or any portion of Capital Proceeds shall be made within thirty (30) days of the event giving rise to the Capital Proceeds, and shall be apportioned among the Members as follows:
Distribution of Capital Proceeds. Except as provided in Section 11.2.4, the Company shall distribute to the Members Capital Proceeds received by the Company within thirty (30) calendar days after receipt (but not prior to the Percentage Interest Adjustment Date) in the following order of priority:
Distribution of Capital Proceeds. The Company shall distribute to the Members Capital Proceeds as provided herein (including, without limitation, Section 8.02 and Section 9.03), and otherwise as and when determined by the Managing Member; provided that it is acknowledged and agreed that (x) this Section 4.02 is not intended to, and shall not, override or otherwise qualify the limitations on the Company's obligations contained in Section 8.02 hereof, and (y) the Company shall not have any obligation to make, and shall not make, any redemption payments with respect to the Class B Interest pursuant to Section 4.02 unless and until such redemption payment is permitted by Section 8.02.
Distribution of Capital Proceeds. Except as provided in Section 4.4 hereof, Capital Proceeds shall be distributed to the Members as follows:
Distribution of Capital Proceeds. Except as provided in Section 13.6, the Manager shall distribute the Capital Proceeds of the Partnership to each Partner (after deducting (i) any amounts owed by such Partner pursuant to the Management and Maintenance Agreement and the Fee Agreement and (ii) any amount owed by such Partner to other Partners pursuant to Section 17.11 of this Amended Agreement):
