Common use of Distribution of Interest Clause in Contracts

Distribution of Interest. If the Escrow Deposit become deliverable to the Company pursuant to Section 3.1 or to the subscribers pursuant to Section 3.3 above, the Manager shall compute the pro rata share of the investment earnings of each Escrow Deposit for the distribution in accordance with such computations. Each subscriber’s pro rata share of investment earnings shall be computed as follows: Investment Earnings multiplied by the number of days held) (Total subscription amount multiplied by the number of days held) Such pro rata share of investment earnings shall be distributed to each subscriber by the Company upon admission of the subscriber as a member of the Company or upon return of his/her subscription amounts.

Distribution of Interest. If the Escrow Deposit become deliverable to the Company pursuant to Section 3.1 or to the subscribers pursuant to Section 3.3 above, the Manager shall compute the pro rata share of the investment earnings of each Escrow Deposit for the distribution in accordance with such computations. Each subscriber’s 's pro rata share of investment earnings shall be computed as follows: (individual subscription amount multiplied by Investment Earnings multiplied by the number of days held) (Total subscription amount multiplied by the number of days held) Such pro rata share of investment earnings shall be distributed to each subscriber by the Company upon admission of the subscriber as a member of the Company or upon return of his/her subscription amounts.

Distribution of Interest. If the Escrow Deposit become deliverable to the Company pursuant to Section 3.1 or to the subscribers pursuant to Section 3.3 above, the Manager shall compute the pro rata share of the investment earnings of each Escrow Deposit for the distribution in accordance with such computations. Each subscriber’s pro rata share of investment earnings shall be computed as follows: Investment Earnings multiplied by (individual subscription amount multiplied by the number of days held) (Total subscription amount multiplied by the number of days held) Such pro rata share of investment earnings shall be distributed to each subscriber by the Company upon admission of the subscriber as a member of the Company or upon return of his/her subscription amounts.