Common use of Net Refinancing Proceeds Clause in Contracts

Net Refinancing Proceeds. The Company shall distribute to the Members Net Refinancing Proceeds, said distributions to be made at the times determined by the Management Committee, in the following order of priority: (i) First, to ▇▇▇▇▇▇ in an amount equal to its accrued and unpaid Priority Return. (ii) Second, to ▇▇▇▇▇▇ in an amount equal to its Unreturned Capital. (iii) Third, to Forest City in an amount equal to its accrued and unpaid Section 3.01(c) Return. (iv) Fourth, to Forest City in an amount equal to the portion of its Unreturned Capital attributable to Section 3.01(c)

Net Refinancing Proceeds. The Company shall distribute to the Members Net Refinancing Proceeds, said distributions to be made at the times determined by the Management Committee, in the following order of priority: (i) First, to ▇R▇▇▇▇▇ in an amount equal to its accrued and unpaid Priority Return. (ii) Second, to ▇R▇▇▇▇▇ in an amount equal to its Unreturned Capital. (iii) Third, to Forest City in an amount equal to its accrued and unpaid Section 3.01(c) Return. (iv) Fourth, to Forest City in an amount equal to the portion of its Unreturned Capital attributable to Section 3.01(c)