Capital Transactions and Refinancing Transactions. Distributable Cash from Capital Transactions and Distributable Cash from Refinancing Transactions shall be distributed in the following order of priority: (i) First, one hundred percent (100%) to the Members, pro rata in accordance with their Unreturned Capital, until the aggregate Distributions under this Section 6.2(b)(i) shall have reduced the Unreturned Capital of all such Members to zero; and (ii) Thereafter, all remaining Distributable Cash from Capital Transactions or Distributable Cash from Refinancing Transactions, as applicable, shall be Distributed eighty percent (80%) to the Class A Members, pro rata in accordance with the number of Units held; and twenty percent (20%) to the Manager.
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Sources: Limited Liability Company Operating Agreement, Limited Liability Company Operating Agreement