Textura Distributions Clause Samples

Textura Distributions. Until such time as the Class A Preferred Units are converted in full according to the terms of this Section 14.1, in the event that Textura declares any dividend or makes any other distribution of cash and/or other non-cash consideration (other than Common Stock or preferred stock of Textura) to any of the holders of Common Stock or preferred stock of Textura, then Textura shall promptly pay, in the same type of consideration paid to such holders of Common Stock or preferred stock of Textura (and, if there is more than one type of consideration, in the same proportion paid to holders of Common Stock or preferred stock of Textura), a dividend or distribution to the Class A Preferred Members on a pro rata basis as if their Class A Preferred Units had been fully converted into Common Stock immediately prior to the declaration of such dividend or making of such other distribution, in accordance with the terms of this Section 14.1.