Common use of Preferred Distribution Clause in Contracts

Preferred Distribution. Without limitation of Section 4.2(a), by not later than five (5) years following the Closing Date, CF LLC shall distribute (the “Preferred Distribution”) one hundred percent (100%) of the Preferred Investment Assets to the Members in accordance with Section 4.1.2, to the extent of Available Assets. Promptly following the payment in full of the Preferred Distribution, CF LLC shall commence liquidation and winding up in accordance with Section 10.2(g).