Distribution of Distributable Cash. In the discretion of the Members, Distributable Cash may be distributed to the Members in proportion to the respective amounts of net income previously allocated to each pursuant to the provisions of Section 5.1 but not yet distributed to such Member, starting with the earliest year for which there is undistributed net income.
Distribution of Distributable Cash. Distributable Cash shall be distributed as follows:
Distribution of Distributable Cash. Subject to any covenants contained in the documentation governing the Construction Financing or any other agreements to which the Joint Venture is a party, commencing with the first full fiscal quarter following the fiscal quarter during which the Facility opens to the public, Distributable Cash for each fiscal quarter shall be distributed within 45 days after the end of such quarter in the following order of priority:
Distribution of Distributable Cash. Distributions of all Distributable Cash shall be made at least quarterly, unless otherwise agreed by the Members. Any distribution of property shall be treated as a distribution of cash in the amount of the fair market value of such property. Except during the Company’s winding up, distributions shall be made in the ratios of the Income interests. During the Company’s winding up, all cash and other Company Property available for distribution shall be distributed in the ratios of the positive balances in the Capital Accounts, after adjusting the Capital Accounts for the income, gain and loss realized in the winding up, plus the gain or loss that would have occurred on the sale at fair market value of any Company Property distributed in kind.
Distribution of Distributable Cash. Subject to the repayment requirements of any Member Loans, Distributable Cash shall be distributed by the Manager to the Members not less often than monthly within 15 days after the end of each calendar month in which the Company has distributable cash as follows:
Distribution of Distributable Cash. Distributable Cash shall be apportioned among and distributed to the Partners in proportion to their Percentage Interest. The first such distribution shall be made on or before May 31, 1997. The second such distribution shall be made on or before August 31, 1997. The third such distribution shall be made on or before November 30, 1997. Thereafter, distributions shall be made on or before the last day of each January, April, July and October.
Distribution of Distributable Cash. The General Partner, may, from time to time, cause the Partnership to make distributions of Distributable Cash to the Partners in proportion to their Percentage Interest.
Distribution of Distributable Cash. Distributable Cash with respect to the Company for each fiscal quarter shall be distributed in accordance with the Business Plan or as Approved by the Board of Directors, in the following order of priority:
Distribution of Distributable Cash. (a) Except as provided otherwise in this Section 6.2, Section 6.6(d), Section 6.6(e) or Section 10.2, Distributable Cash (excluding any distributions described in Section 6.1 hereof) received from MWCI will be distributed to the Members on each Distribution Date, as follows:
Distribution of Distributable Cash. Except as may be otherwise provided in Section 16.3 hereof, or as may otherwise be prohibited or required by applicable law, Distributable Cash shall be distributed on a quarterly basis unless otherwise determined by the Approval of the Board consistent with the requirements of Section 8.3(b). All distributions of Distributable Cash shall be made pro rata to the Members in accordance with their respective Sharing Percentages.
