Distributions Upon Winding-Up. Within a reasonable period of time following the occurrence of the Dissolution Event, after allocating all Net Income, Net Loss and other items of income, gain, loss or deduction pursuant to Sections 3.4 (Allocation) and 3.5 (Special Allocations), the Company's assets (except for assets reserved pursuant to Section 8.3 (Assets Reserved and Pending Claims)) shall be applied and distributed in the following manner and order of priority:
Appears in 4 contracts
Samples: Investment Agreement (Krf3 Acquisition Co LLC), Investment Agreement (Krupp Family Limited Partnership 94), Investment Agreement (Krupp Family Limited Partnership 94)
Distributions Upon Winding-Up. Within a reasonable period of time following the occurrence of the Dissolution Event, after allocating all Net Income, Net Loss and other items of income, gain, loss or deduction pursuant to Sections 3.4 (Allocation) and 3.5 (Special Allocations)3.5, the Company's ’s assets (except for assets reserved pursuant to Section 8.3 (Assets Reserved and Pending Claims)4.3) shall be applied and distributed in the following manner and order of priority:
Appears in 1 contract
Samples: Operating Agreement
