Common use of Distribution of Liquidation Proceeds Clause in Contracts

Distribution of Liquidation Proceeds. The proceeds of any sales made pursuant to Section 21.4, plus any unsold assets of the Company, shall be distributed as follows:

Appears in 3 contracts

Samples: Operating Agreement (Ruby Tuesday of Bryant, Inc.), Participation and Operating Agreement (Ruby Tuesday of Bryant, Inc.), Participation and Operating Agreement (Ruby Tuesday of Bryant, Inc.)

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Distribution of Liquidation Proceeds. The proceeds of any sales made pursuant to Section 21.418.4, plus any unsold assets of the Company, shall be distributed as follows:

Appears in 1 contract

Samples: Participation And (Ruby Tuesday of Bryant, Inc.)

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Distribution of Liquidation Proceeds. The proceeds of any sales made ------------------------------------ pursuant to Section 21.412.3, plus any unsold assets of the Company, shall be distributed as follows:

Appears in 1 contract

Samples: Limited Liability Company Operating Agreement (U S Envirosystems Inc /De/)

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