Distributions of Capital Proceeds. Prior to dissolution and subject to the provisions of Section 4.2(c), if Capital Proceeds are available for distribution from a Capital Transaction, such Capital Proceeds shall be applied or distributed as follows:
Distributions of Capital Proceeds. Upon the occurrence of a Capital Transaction, subject to Section 7.03(d), Section 7.03(e), the proviso set forth in the first sentence of Section 7.10, Section 7.03(h) and Sections 5, 7 and 8 of Annex A, distributions of Capital Proceeds to Members shall be made in the following order of priority promptly following the consummation of such Capital Transaction:
Distributions of Capital Proceeds. Distributions of Capital Proceeds shall be made in the following order and priority:
Distributions of Capital Proceeds. Upon the occurrence of a Capital Transaction, distributions of proceeds received by the Company in a Capital Transaction shall be allocated and distributed in the following order of priority promptly following the consummation of such Capital Transaction:
Distributions of Capital Proceeds. Subject to the terms and conditions of ARTICLE III and ARTICLE IV, Capital Proceeds arising during a Fiscal Year shall be distributed in the same manner and subject to the same terms and conditions as provided in Section 4.2 above as soon as practicable and in no event later than three (3) months after the close of such Fiscal Year, to all of the Members as determined pursuant to ARTICLE II and ARTICLE III.
Distributions of Capital Proceeds. At such times as the Managing Member elects to cause the Company to make distributions from Capital Proceeds, such distributions shall be made in the following order of priority; provided, that after the expiration of the Reinvestment Period, distributions of Capital Proceeds shall be made promptly upon receipt of any such Capital Proceeds:
Distributions of Capital Proceeds. Distributions of Capital Proceeds shall be distributed and applied by the Manager to the Members pro rata in accordance with their Percentage Interests Representing Financial Rights.
Distributions of Capital Proceeds. Prior to dissolution and subject to the provisions of Section 4.2(c), if Capital Proceeds are available for distribution from a Capital Transaction, such Capital Proceeds shall be applied or distributed as follows: First, to the payment of all matured debts and liabilities of the Partnership (including, but not limited to, all expenses of the Partnership incident to such Capital Transaction, including the Incentive Financing Fee), excluding (i) debts and liabilities of the Partnership to Partners or their Affiliates and (ii) all unpaid fees owing to the General Partner or its Affiliates; and to the establishment of any reserves which the General Partner and the Auditors shall deem reasonably necessary for contingent, unmatured or unforeseen liabilities or obligations of the Partnership; Second, to the payment of any accrued and unpaid Asset Management Fees; Third, to the payment to the Investment Limited Partner of the full amount (including interest) of any Credit Recovery Loans; Fourth, to the repayment of any Subordinated Loans, with any such payments to be applied first to accrued but unpaid interest and then to principal; Fifth, to the repayment to the General Partner of its Invested Amount minus any prior distributions made to it under Section 4.2(c) or Clause Fifth of this Section 10.2(b), but never an amount less than zero; Sixth, to the repayment of any remaining unpaid debts and liabilities owed to Partners or Affiliates thereof by the Partnership for Partnership obligations (exclusive of Credit Recovery Loans and Subordinated Loans) to any of them, including, but not limited to, accrued and unpaid amounts due in respect of any and all fees due and payable to the General Partner as set forth in Section 6.12; provided, however, that any debts or obligations to be repaid to any Limited Partner or Affiliate thereof pursuant to this Clause Sixth shall be repaid prior to the repayment of any such debts or obligations to any General Partner or Affiliate thereof; Seventh, to the payment to each Limited Partner of an amount equal to its Invested Amount, in each case minus any prior distributions made to such Partner under this Clause Seventh, but never an amount less than zero; Eighth, to the distribution to the Investment Limited Partner of an amount equal to any Excess Financing Proceeds; and Ninth, subject to the provisions of Section 10.3(a), any balance 34.999% to the Investment Limited Partner, .001 % to the Special Limited Partner and 65% to the G...
Distributions of Capital Proceeds. Any Capital Proceeds other than net proceeds upon liquidation of the Partnership resulting from the sale of the Partnership Property, which shall be governed by Article XII, shall be distributed to and among the Partners in the following amounts and order of priority:
Distributions of Capital Proceeds. Capital Proceeds will be distributed as soon as practicable following their receipt by the Company, as follows to the Members, in proportion to their Net Capital Contributions, until their Net Capital Contributions are reduced to zero and, thereafter, the balance to the Members, pro rata in accordance with their respective Percentage of Membership Interests.
