Impact of Insufficient Available Cash. If the amount of estimated or final Tax Distributions to be made exceeds the amount of the Available Cash, the Tax Distribution to which each Member is entitled pursuant to Section 3.2(a) shall be reduced in accordance with the provisions of this Section 3.2(d) (the amount of such reduction with respect to each Member, such Member’s “Tax Distribution Shortfall Amount”), and Available Cash shall be distributed in the following order of priority:
Appears in 4 contracts
Samples: Limited Liability Company Agreement (HNR Acquisition Corp.), Limited Liability Company Agreement (HNR Acquisition Corp.), Limited Liability Company Agreement (Verde Clean Fuels, Inc.)
Impact of Insufficient Available Cash. 2 If the amount of estimated or final Tax Distributions to be made exceeds the amount of the Available CashCash as of the time of such estimated or final Tax Distribution, the Tax Distribution to which each Member is entitled pursuant to Section 3.2(a) shall be reduced in accordance with the provisions of this Section Section 3.2(d) (the amount of such reduction with respect to each Member, such Member’s “Tax Distribution Shortfall Amount”), and such Available Cash shall be distributed in the following order of priority:
Appears in 2 contracts
Samples: Letter Agreement (ESGEN Acquisition Corp), Letter Agreement (ESGEN Acquisition Corp)
Impact of Insufficient Available Cash. If the amount of estimated or final Tax Distributions to be made exceeds the amount of the Available Cash, the Tax Distribution to which for each Member is entitled pursuant to that would otherwise be made under Section 3.2(a) and Section 3.2 (b) shall be reduced in accordance with the provisions of this Section Section 3.2(d) (the amount of such the reduction with respect to in each Member’s share, such Member’s the “Tax Distribution Shortfall Amount”), and Available Cash shall be distributed in the following order of priority:
Appears in 2 contracts
Samples: Limited Liability Company Agreement (Rubicon Technologies, Inc.), Agreement and Plan of Merger (Founder SPAC)
Impact of Insufficient Available Cash. If the amount of estimated or final Tax Distributions to be made exceeds the amount of the Available Cash, the Tax Distribution to which each Member is entitled pursuant to Section 3.2(a) shall be reduced in accordance with the provisions of this Section 3.2(d) (the amount of such the reduction with respect to in each Member’s share, such Member’s the “Tax Distribution Shortfall Amount”), and Available Cash shall be distributed in the following order of priority:
Appears in 2 contracts
Samples: Limited Liability Company Agreement (NUSCALE POWER Corp), Limited Liability Company Agreement (Spring Valley Acquisition Corp.)
Impact of Insufficient Available Cash. If the amount of estimated or final Tax Distributions to be made exceeds the amount of the Available Cash, the Tax Distribution to which each Member Partner is entitled pursuant to Section 3.2(a) shall be reduced in accordance with the provisions of this Section 3.2(d3.02(d) (the amount of such the reduction with respect to in each MemberPartner’s share, such Member’s the “Tax Distribution Shortfall Amount”), and Available Cash shall be distributed in the following order of priority:
Appears in 1 contract
Samples: Limited Partnership Agreement (Excelerate Energy, Inc.)
Impact of Insufficient Available Cash. If the amount of estimated or final Tax Distributions to be made exceeds the amount of the Available CashCash as of the time of such estimated or final Tax Distribution, the Tax Distribution to which each Common Member is entitled pursuant to Section 3.2(a) shall be reduced in accordance with the provisions of this Section Section 3.2(d) (the amount of such reduction with respect to each Common Member, such Common Member’s “Tax Distribution Shortfall Amount”), and such Available Cash shall be distributed in the following order of priority:
Appears in 1 contract
Samples: Limited Liability Company Agreement (Zeo Energy Corp.)
Impact of Insufficient Available Cash. If the amount of estimated or final Tax Distributions to be made exceeds the amount of the Available Cash, the Tax Distribution to which each Member Partner is entitled pursuant to Section 3.2(a) shall be reduced in accordance with the provisions of this Section 3.2(dSection 3.02(d) (the amount of such the reduction with respect to in each MemberPartner’s share, such Member’s the “Tax Distribution Shortfall Amount”), and Available Cash shall be distributed in the following order of priority:
Appears in 1 contract
Samples: Limited Partnership Agreement (Excelerate Energy, Inc.)
