Common use of Preferred Returns Clause in Contracts

Preferred Returns. Next, to the Preferred Members, pro-rated to their respective interests in the Company, in amounts equal to the actual, cumulative distributions of Preferred Returns to such Preferred Member pursuant to Section 10 of this Agreement, to the extent that such distributions of Preferred Returns have not previously been taken into account under this Section 9.2.2.(c) or another section of this Agreement that would provide for a similar allocation of taxable income to match Preferred Returns; and