Distribution Upon Liquidation. All distributions by the Company upon its final liquidation and dissolution will be made to the Members, pro rata in accordance with the balance in the Members’ Capital Accounts, after adjustment to reflect all Profits and Losses (including unrealized appreciation and depreciation allocable in accordance with Section 5.3) for the Fiscal Year in which the liquidation occurs.
Appears in 4 contracts
Sources: Limited Liability Company Agreement, Operating Agreement (Rex Energy Corp), Operating Agreement (Rex Energy Corp)