Distributions of Net Cash From Operations. Net Cash from Operations, if any, for any fiscal year, will be distributed to the Members on not less than an annual basis in an amount sufficient to reduce the Company’s cumulative Net Cash from Operations to $200,000.00, unless otherwise determined by a Super Majority Vote of the Board of Managers and provided that any such distribution does not violate or cause the Company to default under the terms of any of the Company’s credit facilities or debt instruments or violate Section 6.10 of this Operating Agreement. Additional distributions, if any, may be made as the Board of Managers shall determine in its sole discretion. Distributions shall be made to all Members ratably in proportion to their Ownership Percentages.
Distributions of Net Cash From Operations. Distributions of Net Cash from Operations, if any, for any fiscal year, will be made on not less than an annual basis with a minimum of 20% to be distributed so long as the Net Cash from Operations is in excess of $500,000.00 for such year and provided that any such distribution does not violate or cause the Company to default under any the terms of any of the Company’s credit facilities or debt instruments. Additional distributions, if any, may be made as the Board of Managers shall determine in its sole discretion. Distributions shall be made to all Members ratably in proportion to their Ownership Percentages.
Distributions of Net Cash From Operations. Except for a reasonable cash reserve determined by the Board, and subject to Section 8.3 and the terms of the Loan Agreement, Distributions of Net Cash from Operations for each Fiscal Year shall be made from time to time, but no less frequently than annually:
Distributions of Net Cash From Operations. Distributions of Net Cash From Operations shall be made in the following order of priority:
Distributions of Net Cash From Operations. Net Cash From Sales. and Net Cash From Refinancings. Net Cash from Operations, Net Cash from Sales, and Net Cash from Refinancings shall be distributed, at such times as the Manager(s) may determine, to the Members in accordance with the respective Percentage Interests.
Distributions of Net Cash From Operations. Distributions of Net Cash from Operations shall be made for each calendar month of each fiscal year of the Company within thirty (30) days of the end of each such month and shall be paid to the Members in the following manner:
Distributions of Net Cash From Operations. 6.3 Allocations of Income, Gain, Loss, Deductions, and Credits.
Distributions of Net Cash From Operations. The Members shall review the financial results of the Company at least annually in the month of February and consider distributions to the Members. Except as otherwise provided in Section C.7 or Section C.8 hereof or as otherwise resolved by the Members, Net Cash From Operations, if any, shall be distributed to the Members not later than ninety (90) days after the end of each Fiscal Year in accordance with their Percentage Interests.
Distributions of Net Cash From Operations. All Distributions of Net Cash from Operations shall be made to the Members as follows:
Distributions of Net Cash From Operations. (a) For each Fiscal Year, Net Cash from Operations shall be divided among the Partners according to their percent interest. The default distribution frequency will be every quarter. However, the frequency of said distributions shall be decided by Managing Partner and may change based on performance. The amount that will be distributed shall be decided by the managing partner. The general guideline for distribution will be to keep funds in the account in worth of two months operational expenses.
