Common use of Distributions of Cash Clause in Contracts

Distributions of Cash. SECTION 7.1 The Company shall distribute to the Members from time to time all cash (regardless of the source thereof) of the Company which is not required for the operation or the reasonable working capital requirements of the Company (such cash is sometimes referred to herein as “Cash Flow”). For purposes of this Agreement all Cash Flow allocated to the Members shall be allocated among them in proportion to their respective Membership Interests.

Appears in 5 contracts

Samples: Operating Agreement (Sbarro Express LLC), Operating Agreement (Sbarro Express LLC), Operating Agreement (Sbarro Express LLC)

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Distributions of Cash. SECTION 7.1 7.1. The Company shall distribute to the Members from time to time all cash (regardless of the source thereof) of the Company which is not required for the operation or the reasonable working capital requirements of the Company (such cash is sometimes referred to herein as “Cash Flow”). For purposes of this Agreement all Cash Flow allocated to the Members shall be allocated among them in proportion to their respective Membership Interests.

Appears in 3 contracts

Samples: Operating Agreement (Spirit AeroSystems Operations International, Inc.), Operating Agreement (Global Media USA, LLC), Operating Agreement (Sbarro Express LLC)

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Distributions of Cash. SECTION 7.1 7.1. The Company shall distribute to the Members from time to time all cash (regardless of the source thereof) of the Company which is not required for the operation or the reasonable working capital requirements of the Company (such cash is sometimes referred to herein as “Cash Flow”). For purposes of this Agreement all Cash Flow flow allocated to the Members shall be allocated among them in proportion to their respective Membership Interests.

Appears in 1 contract

Samples: Operating Agreement (Global Media USA, LLC)

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