Trusts Portfolio. The Trusts shall have the right to have the Company transfer any distributions to which the Trusts are otherwise entitled under this Agreement to a separate Company account designated as the Trusts Portfolio. The Trusts Portfolio shall be invested as determined by a committee comprised of the Trust Designated Investment Committee Members (the “Trusts Portfolio Committee”). The Trusts Portfolio Committee shall have the right to require the distribution to the Trust Members of all or a portion of the assets or proceeds in the Trusts Portfolio at any time and from time to time.
Appears in 2 contracts
Samples: Limited Liability Company Agreement (Tribune Co), Limited Liability Company Agreement (Tribune Co)
Trusts Portfolio. The Trusts shall have the right to have the Company transfer any distributions to which the Trusts are otherwise entitled under this Agreement to a separate Company account designated as the Trusts Portfolio. The Trusts Portfolio shall be invested as determined by a committee comprised of the Trust Designated Investment Committee Members (the “"Trusts Portfolio Committee”"). The Trusts Portfolio Committee shall have the right to require the distribution to the Trust Members of all or a portion of the assets or proceeds in the Trusts Portfolio at any time and from time to timetime in accordance with the percentages set forth in Schedule 8.6.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Times Mirror Co /New/)
Trusts Portfolio. The Trusts shall have the right to have the Company transfer any distributions to which the Trusts are otherwise entitled under this Agreement to a separate Company account designated as the Trusts Portfolio. The Trusts Portfolio shall be invested as determined by a committee comprised of the Trust Designated Investment Committee Members (the “"Trusts Portfolio Committee”"). The Trusts Portfolio Committee shall have the right to require the distribution to the Trust Members of all or a portion of the assets or proceeds in the Trusts Portfolio at any time and from time to time.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Times Mirror Co /New/)