Common use of Requirement and Characterization of Distributions Clause in Contracts

Requirement and Characterization of Distributions. A. The Managing Member shall cause the Company to distribute quarterly on the LLC Distribution Date all Available Cash generated by the Company during the quarter most recently ended prior to the LLC Distribution Date (the "Payment Quarter") as follows:

Appears in 3 contracts

Samples: Limited Liability Company Agreement (Health Care Property Investors Inc), Limited Liability Company Agreement (Health Care Property Investors Inc), Limited Liability Company Agreement (Pan Pacific Retail Properties Inc)

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Requirement and Characterization of Distributions. A. The Subject to the provisions of Sections 5.7 and 5.8 hereof, the Managing Member shall cause the Company to distribute quarterly on the LLC Distribution Date all Available Cash generated by the Company during the calendar quarter most recently ended prior to the LLC Distribution Date (the "Payment Quarter") as follows:

Appears in 3 contracts

Samples: Guaranty Agreement (Healthpeak Properties, Inc.), Limited Liability Company Agreement (Hcp, Inc.), Limited Liability Company Agreement (Hcp, Inc.)

Requirement and Characterization of Distributions. A. The Subject to the provisions of Section 5.7 hereof, the Managing Member shall cause the Company to distribute quarterly on the LLC Distribution Date all Available Cash generated by the Company during the quarter most recently ended prior to the LLC Distribution Date (the "Payment Quarter") as follows:

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Hcp, Inc.), Limited Liability Company Agreement (Hcp, Inc.)

Requirement and Characterization of Distributions. A. The Managing Member shall cause the Company to distribute quarterly on the LLC Distribution Date all Available Cash generated by the Company during the quarter most recently ended prior to the LLC Distribution Date (the "Payment Quarter") as follows:

Appears in 1 contract

Samples: Limited Liability Company Agreement (Health Care Property Investors Inc)

Requirement and Characterization of Distributions. A. The Subject to the provisions of Sections 5.7 and 5.8 hereof, the Managing Member shall cause the Company to distribute quarterly on the LLC Distribution Date all Available Cash generated by the Company during the quarter most recently ended prior to the LLC Distribution Date (the "Payment Quarter") as follows:

Appears in 1 contract

Samples: Limited Liability Company Agreement (Health Care Property Investors Inc)

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Requirement and Characterization of Distributions. A. The Managing Member shall cause the Company to distribute quarterly on the LLC Distribution Date all Available Cash generated by the Company during the quarter most recently ended prior to the LLC Distribution Date (the "Payment Quarter") as follows:

Appears in 1 contract

Samples: Limited Liability Company Agreement (Hcp, Inc.)

Requirement and Characterization of Distributions. A. The Managing Member Members shall cause the Company to distribute quarterly on the LLC Distribution Date all Available Cash generated by the Company during the quarter most recently ended prior to the LLC Distribution Date (the "Payment Quarter") plus the amount of any Additional Capital Contributions required to be made pursuant to Section 4.6 as follows:

Appears in 1 contract

Samples: Operating Agreement (Pan Pacific Retail Properties Inc)

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