Common use of Priority Return Clause in Contracts

Priority Return. First, the Company shall distribute to each Class A Member an amount equal to the excess, if any, of (i) the Priority Return of the Class A Member from the date such Class A Member first has Unre- turned Capital to the date of such distribution, over (ii) the sum of all prior distributions to such Class A Member pursuant to this Section 4.1(a) and Section 4.2(a). If less than the total amount distributable to all Class A Members under this Section 4.1(a) is to be distributed, the amount distributed shall be allocated among the Class A Members in proportion to the then unsatisfied amounts owing to them.

Priority Return. First, the Company shall distribute to each Class A Member an amount equal to the excess, if any, of (i) the Priority Return of the Class A Member from the date such Class A Member first has Unre- turned Capital to the date of such distribution, over (ii) the sum of all prior distributions to such Class A Member pursuant to this Section 4.1(a) and this Section 4.2(a). If less than the total amount distributable to all Class A Members under this Section 4.1(a4.2(a) is to be distributed, the amount distributed shall be allocated among the Class A Members in proportion to the then unsatisfied amounts owing to them.