Common use of Net Cash Flow from Operations Clause in Contracts

Net Cash Flow from Operations. Except as otherwise provided in Section 12.2 (on liquidation) hereof, and subject to the mandatory tax distribution set forth in Section 7.4 hereof, Net Cash Flow from Operations shall be distributed with respect to a Fiscal Year at times determined by the Manager in the following order and priority:

Appears in 1 contract

Samples: Operating Agreement (155 East Tropicana, LLC)

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Net Cash Flow from Operations. Except as otherwise provided in Section 12.2 Subject to Sections 5.1 (on the Initial Cash Distribution), 13.2 (distributions upon liquidation) hereof), and subject to the mandatory tax distribution set forth in Section 7.4 (Tax Distribution) hereof, Net Cash Flow from Operations shall be distributed with respect to a Fiscal Year at times determined by the Manager Managers in the following order and priority:

Appears in 1 contract

Samples: Operating Agreement (Siena Technologies, Inc.)

Net Cash Flow from Operations. Except as otherwise provided in Section 12.2 (on liquidation) hereof), and subject to the mandatory tax distribution set forth in Section 7.4 hereofand any distributions required by Section 7.5, Net Cash Flow from Operations shall be distributed with respect to a Fiscal Year at times determined by the Manager in the following order and priority:

Appears in 1 contract

Samples: Operating Agreement (Lakes Entertainment Inc)

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Net Cash Flow from Operations. Except as otherwise provided in Section 12.2 (on liquidation) hereof, and subject to the mandatory tax distribution set forth in Section 7.4 hereof, Net Cash Flow from Operations shall be distributed with respect to a Fiscal Year at times determined by the Manager Management Board in the following order and priority:

Appears in 1 contract

Samples: Operating Agreement (155 East Tropicana, LLC)

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