Common use of Priority of Distributions Clause in Contracts

Priority of Distributions. After making all Distributions required for a given Fiscal Year under Section 7.04 and subject to the priority of Distributions pursuant to Section 13.03(c), if applicable, all Distributions determined to be made by the Board pursuant to Section 7.01 shall be made in the following manner:

Appears in 3 contracts

Samples: Limited Liability Company Agreement (Ternio, LLC), Limited Liability Company Agreement (Good Hemp, Inc.), Limited Liability Company Operatng Agreement (Helpful Alliance Co)

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Priority of Distributions. After making all Distributions required for a given Fiscal Year under Section 7.04 and subject to the priority of Distributions pursuant to Section 13.03(c12.03(c), if applicable, all Distributions determined to be made by the Board pursuant to Section 7.01 shall be made in the following manner:

Appears in 3 contracts

Samples: Limited Liability Company Agreement (Shepherd's Finance, LLC), Limited Liability Company Agreement (Shepherd's Finance, LLC), Limited Liability Company Agreement (Shepherd's Finance, LLC)

Priority of Distributions. After making all Distributions required for a given Fiscal Year Quarter under Section 7.04 and subject to Section 7.03 and the priority of Distributions pursuant to Section 13.03(c), if applicable, all Distributions determined to be made by the Board pursuant to Section 7.01 shall be made in the following manner:

Appears in 1 contract

Samples: Limited Liability Company Agreement (Liquid Holdings Group LLC)

Priority of Distributions. After making all Distributions required for a given Fiscal Year under Section 7.04 7.03 and subject to the priority of Distributions pursuant to Section 13.03(c12.03(c), if applicable, all Distributions determined to be made by the Board pursuant to Section 7.01 shall be made in the following manneras follows:

Appears in 1 contract

Samples: Operating Agreement (Verb Technology Company, Inc.)

Priority of Distributions. After making all Distributions required for a given Fiscal Year under Section 7.04 and subject to the priority of Distributions pursuant to Section 13.03(c)) , if applicable, all Distributions determined to be made by the Board pursuant to Section 7.01 shall be made in the following manner:

Appears in 1 contract

Samples: Operating Agreement (Agrify Corp)

Priority of Distributions. After making all Distributions required for a given Fiscal Year under Section 7.04 3.03 and subject to the priority of Distributions pursuant to Section 13.03(c9.03(c), if applicable, all Distributions determined to be made by a Majority in Interest of the Board Members pursuant to Section 7.01 3.01 shall be made in the following manner:

Appears in 1 contract

Samples: Limited Liability Company Agreement (Capstone Therapeutics Corp.)

Priority of Distributions. After making all Distributions required for a given Fiscal Year under Section 7.04 and subject to the priority of Distributions pursuant to Section 13.03(c), ) if applicable, all Distributions determined to be made by the Board pursuant to Section 7.01 shall be made in the following manneras follows:

Appears in 1 contract

Samples: Limited Liability Company Agreement (Ascend Wellness Holdings, LLC)

Priority of Distributions. (a) After making all Distributions required for a given Fiscal Year Quarter under Section 7.04 7.02(c) (giving effect to Section 7.03(d)), and subject to the priority of Distributions pursuant to Section 13.03(c12.03(c), if applicable, and the limitation under Section 7.02(b), all Distributions determined to be made by the Board pursuant to Section 7.01 Manager shall be made to the Members in proportion to the following manner:number of Units held by each Member.

Appears in 1 contract

Samples: Limited Liability Company Agreement (BIT ORIGIN LTD)

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Priority of Distributions. After making all Distributions required for a given Fiscal Year then due to Preferred Members under Section 7.04 7.02 and subject to the priority of Distributions pursuant to Section 13.03(c), if applicable, all Distributions determined to be made by the Board pursuant to Section 7.01 shall be made in the following manner:

Appears in 1 contract

Samples: Limited Liability Company Agreement (TWO RIVERS WATER & FARMING Co)

Priority of Distributions. After making all Distributions required for a given Fiscal Year under Section 7.04 and subject to the priority of Distributions pursuant to Section 13.03(c14.03(c), if applicable, all Distributions determined to be made by the Board pursuant to Section 7.01 shall be made in the following manner:

Appears in 1 contract

Samples: Limited Liability Company Agreement (Longeveron LLC)

Priority of Distributions. (a) After making all Distributions required under Section 7.01(b), and all Distributions required for a given Fiscal Year under Section 7.04 7.02 and Section 7.04, and subject to the priority applicable to Distributions of Distributions proceeds in connection with a liquidation of the Company pursuant to Section 13.03(c), if applicable, all Distributions determined or required to be made by the Board pursuant to Section 7.01 shall be made in the following manner:

Appears in 1 contract

Samples: Limited Liability Company Agreement (ATN International, Inc.)

Priority of Distributions. After making all Distributions required for a given Fiscal Year under Section 7.04 and subject to the priority of Distributions pursuant to Section 13.03(c11.03(c), if applicable, all Distributions determined to be made by the Board pursuant to Section 7.01 Proceeds shall be made Distributed in the following manner:

Appears in 1 contract

Samples: Limited Liability Company Agreement (Global Defense & National Security Holdings LLC)

Priority of Distributions. After making all Distributions required for a given Fiscal Year under Section 7.04 and subject to the priority of Distributions pursuant to Section 13.03(c), if applicable, all Distributions determined to be made by the Board Managing Member pursuant to Section 7.01 shall be made in the following manner:

Appears in 1 contract

Samples: Limited Liability Company Agreement

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