Liquidation Distribution. Subject to Section 4.01(b) with respect to Tax Distributions and the provisions of any Certificate of Designations, all Distributions by the Company, and all proceeds (whether received by the Company or directly by the Members) in connection with dissolution of the Company shall be made or allocated among the holders of Class A Units and Class B Units pro rata based on the number of such Units held by each such holder.
Appears in 2 contracts
Samples: Limited Liability Company Agreement (OPAL Fuels Inc.), Business Combination Agreement (ArcLight Clean Transition Corp. II)
Liquidation Distribution. Subject to Section 4.01(b4.01(d) with respect to Tax Distributions and the provisions of any Certificate of DesignationsDistributions, all Distributions by the Company, and all proceeds (whether received by the Company or directly by the Members) in connection with dissolution of the Company shall be made or allocated among the holders of Class A Units and Class B Participating Units pro rata based on the number of such Participating Units held by each such holder.
Appears in 2 contracts
Samples: Exchange Agreement (Highland Transcend Partners I Corp.), Limited Liability Company Agreement (Highland Transcend Partners I Corp.)
Liquidation Distribution. Subject to Section 4.01(b4.01(c) with respect to Tax Distributions and the provisions of any Certificate of DesignationsDistributions, all Distributions by the Company, and all proceeds (whether received by the Company or directly by the Members) in connection with dissolution of the Company shall be made or allocated among the holders of Class A Units and Class B Common Units pro rata based on the number of such Common Units held by each such holder.
Appears in 1 contract
Liquidation Distribution. Subject to Section 4.01(b) with respect to Class P Units and Section 4.01(c) with respect to Tax Distributions and the provisions of any Certificate of DesignationsDistributions, all Distributions by the Company, and all proceeds (whether received by the Company or directly by the Members) in connection with dissolution of the Company shall be made or allocated among the holders of Class A Participating Units and Class B Vested LTIP Units pro rata based on the number of such Participating Units and Vested LTIP Units held by each such holder.
Appears in 1 contract
Liquidation Distribution. Subject to Section 4.01(b) with respect to Tax Distributions and the provisions of any Certificate of DesignationsDistributions, all Distributions by the Company, and all proceeds (whether received by the Company or directly by the Members) in connection with dissolution of the Company shall be made or allocated among the holders of Class A Units and Class B Units pro rata based on the number of such Units held by each such holder.
Appears in 1 contract
Samples: Business Combination Agreement (Spree Acquisition Corp. 1 LTD)
