Common use of Distribution Procedure Clause in Contracts

Distribution Procedure. Except as provided in Sections 8.2, 8.3, and 8.4 hereof for final distributions upon liquidation, the Board shall determine when distributions shall be made to Members and the total amount to be distributed.

Appears in 1 contract

Sources: Operating Agreement (Enterprise Financial Services Corp)

Distribution Procedure. Except as provided in Sections 8.2, 8.3, and 8.4 Section 7.3 hereof for final distributions upon liquidation, the Board Members shall determine when distributions shall be made to Members and the total amount to be distributed.

Appears in 1 contract

Sources: Operating Agreement (Brimfield Precision LLC)