Common use of Cash Distribution Clause in Contracts

Cash Distribution. (i) Upon the occurrence of a Harvest Event, each of the holders of the Series A 2016 Eco-Tree Units shall receive a cash sum, if any, equal to the pro rata share of 50% the Net Profits received by the Company as a result of the Harvest Event.

Appears in 1 contract

Sources: Unit Designation (World Tree Usa, LLC)

Cash Distribution. (i) Upon the occurrence of a Harvest Event, each of the holders of the Series A 2016 2018 Eco-Tree Units shall receive a cash sum, if any, equal to the pro rata share of 50% the Net Profits received by the Company as a result of the Harvest Event.

Appears in 1 contract

Sources: Unit Designation (World Tree Usa, LLC)

Cash Distribution. (i) Upon the occurrence of a Harvest Event, each of the holders of the Series A 2016 2020 Eco-Tree Units shall receive a cash sum, if any, equal to the pro rata share of 50% the Net Profits received by the Company as a result of the Harvest Event.

Appears in 1 contract

Sources: Unit Designation (World Tree Usa, LLC)