Distribution of Net Operating Income. Except as otherwise provided, Net Operating Income for each fiscal year shall be distributed within seventy-five (75) days following each calendar year and shall be applied in the following order of priority:
Appears in 26 contracts
Samples: Development Fee Agreement (WNC Housing Tax Credit Fund Vi Lp Series 10), Amended and Restated Agreement (WNC Housing Tax Credit Fund Vi Lp Series 12), Development Fee Agreement (WNC Housing Tax Credit Fund Vi Lp Series 7)
Distribution of Net Operating Income. Except as otherwise provided, Net Operating Income for each fiscal year shall be distributed within seventy-five (75) days following each calendar year and shall be applied in the following order of priority:
Appears in 21 contracts
Samples: Certification and Agreement (WNC Housing Tax Credit Fund Vi Lp Series 5), Certification and Agreement (WNC Housing Tax Credit Fund Vi Lp Series 5), Agreement (WNC Housing Tax Credit Fund Vi Lp Series 5)
Distribution of Net Operating Income. Except as otherwise provided, Net Operating Income for each fiscal year shall be distributed within seventy-five (75) 75 days following each calendar year and shall be applied in the following order of priority:
Appears in 9 contracts
Samples: Guaranty Agreement, Development Fee Agreement (WNC Housing Tax Credit Fund Vi Lp Series 10), Development Fee Agreement (WNC Housing Tax Credit Fund Vi Lp Series 11)
Distribution of Net Operating Income. Except as otherwise providedprovided and subject to the terms of the HAP Contract, Net Operating Income for each fiscal year shall be distributed within seventy-five (75) days following each calendar year and shall be applied in the following order of priority:
Appears in 4 contracts
Samples: Certification and Agreement (WNC Housing Tax Credit Fund Vi Lp Series 8), Certification and Agreement (WNC Housing Tax Credit Fund Vi Lp Series 9), Certification and Agreement (WNC Housing Tax Credit Fund Vi Lp Series 9)
Distribution of Net Operating Income. Except as otherwise providedprovided and subject to the requirements of RD regarding Partnership distributions, Net Operating Income for each fiscal year shall be distributed within seventy-five (75) 75 days following each calendar year and shall be applied in the following order of priority:
Appears in 4 contracts
Samples: Certification and Agreement (WNC Housing Tax Credit Fund VI, L.P., Series 13), Certification and Agreement (WNC Housing Tax Credit Fund VI, L.P., Series 13), Certification and Agreement (WNC Housing Tax Credit Fund VI, L.P., Series 13)
Distribution of Net Operating Income. Except as otherwise provided, and subject to MHFA approval, Net Operating Income for each fiscal year shall be distributed within seventy-five (75) 75 days following each calendar year and shall be applied in the following order of priority:
Appears in 1 contract
Samples: Development Fee Agreement (WNC Housing Tax Credit Fund Vi Lp Series 12)
Distribution of Net Operating Income. Except as otherwise providedprovided and subject to the requirements of RD regarding partnership distributions, Net Operating Income for each fiscal year shall be distributed within seventy-five (75) 75 days following each calendar year and shall be applied in the following order of priority:
Appears in 1 contract
Samples: Certification and Agreement (WNC Housing Tax Credit Fund VI, L.P., Series 13)
Distribution of Net Operating Income. Except as otherwise provided, Net Operating Income for each fiscal year shall be distributed within seventy-five (75) working days following each calendar year and shall be applied in the following order of priority:
Appears in 1 contract
