Distributions of Available Cash. Available Cash with respect to any Quarter, subject to Section 18-607 of the Delaware Act and except as otherwise required by Section 5.6(b) in respect of other Company Securities issued pursuant thereto, shall be distributed 100% to all Unitholders in accordance with their respective Percentage Interests.
Appears in 3 contracts
Samples: Limited Liability Company Agreement (Linn Energy, LLC), Limited Liability Company Agreement (Linn Energy, LLC), Limited Liability Company Agreement (Linn Energy, LLC)
Distributions of Available Cash. Available Cash with respect to any QuarterQuarter commencing with the first Quarter ending after the Initial Public Offering, subject to Section 18-607 of the Delaware Act and except as otherwise required by Section 5.6(b5.7(b) in respect of other Company Securities issued pursuant thereto, shall be distributed 100% to all Unitholders in accordance with their respective Percentage Interests.
Appears in 2 contracts
Samples: Limited Liability Company Agreement (Vanguard Natural Resources, LLC), Limited Liability Company Agreement (Vanguard Natural Resources, LLC)
Distributions of Available Cash. Available Cash with respect to any Quarter, subject to Section 18-607 of the Delaware Act and except as otherwise required by Section 5.6(b5.5(b) in respect of other Company Securities issued pursuant thereto, shall be distributed 100% to all Unitholders in accordance with their respective Percentage Interests.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Linn Energy, LLC)
