Common use of Distributions in Liquidation Clause in Contracts

Distributions in Liquidation. (a) Upon the dissolution and winding-up of the Company, the proceeds of the sale of the Property and other assets of the Company distributable to the Members under Section 11.2(c)(iii) shall be distributed, not later than the latest time specified for such distributions pursuant to Treasury Regulation Section 1.704-1(b)(2)(ii)(b)(2) to the Members as provided in Section 6.4 above as if such distributions are additional Net Capital Proceeds.

Distributions in Liquidation. (a) Upon the dissolution and winding-–up of the Company, the proceeds of the sale of the Property and other assets of the Company distributable to the Members under Section 11.2(c)(iii11.02(c)(iii) shall be distributed, not later than the latest time specified for such distributions pursuant to Treasury Regulation Section 1.704-1(b)(2)(ii)(b)(21.704‑1(b)(2)(ii)(b)(2) to the Members as provided in Section 6.4 above as if such distributions are additional Net Capital Proceedsproportion to and in accordance with their respective Percentage Interests.

Distributions in Liquidation. (a) Upon the dissolution and winding-up of the Company, the proceeds of the sale of the Property and other assets of the Company distributable to the Members under Section 11.2(c)(iii) Property shall be distributed, distributed not later than the latest time specified for such distributions pursuant to Treasury Regulation Regulations Section 1.704-1(b)(2)(ii)(b)(21(b)(i)(b)(2) to the Members as provided in accordance with and in the order and priority set forth in Section 6.4 above as if such distributions are additional Net Capital Proceeds5.1.

Distributions in Liquidation. (a) Upon the dissolution and winding-–up of the Company, the proceeds of the sale of the Property and other assets of the Company distributable to the Members under Section 11.2(c)(iii11.02(c)(iii) shall be distributed, not later than the latest time specified for such distributions pursuant to Treasury Regulation Section 1.704-1(b)(2)(ii)(b)(2) to the Members as provided in proportion to and in accordance with their respective positive Capital Account balances (after adjustment to reflect the allocations pursuant to this Article VI including Section 6.4 above as if such distributions are additional Net Capital Proceeds6.04(b)).

Distributions in Liquidation. (a) Upon the dissolution and winding-up of the Company, the proceeds of the sale of the Property and other assets of the Company distributable to the Members under Section 11.2(c)(iii) shall be distributed, not later than the latest time specified for such distributions pursuant to Treasury Regulation Section 1.704-1(b)(2)(ii)(b)(2) to the Members as provided in Section 6.4 above as if such distributions are additional Net Capital Proceedsabove.

Distributions in Liquidation. (a) Upon the dissolution and winding-up of the Company, the proceeds of the sale of the Property and other assets of the Company distributable to the Members under Section 11.2(c)(iii) shall be distributed, not later than the latest time specified for such distributions pursuant to Treasury Regulation Section 1.704-1(b)(2)(ii)(b)(2) to the Members as provided in Section 6.4 above as if such distributions are additional Net proportion to and in accordance with their respective positive Capital ProceedsAccount balances (after adjustment to reflect the allocations pursuant to this Article VI).