Common use of Distributions from Operations Clause in Contracts

Distributions from Operations. Subject to Sections 7.03 and 9.01, Cash Flow for any period shall be distributed to the Members, at times determined by the Managing Member as follows: 99% to FS Realty and 1% to NS Member.

Appears in 1 contract

Sources: Limited Liability Company Operating Agreement (Northstar Capital Investment Corp /Md/)

Distributions from Operations. Subject to Sections 7.03 and 9.01, Cash Flow for any period shall be distributed to the Members, at times determined by the Managing Member as follows: 99% to FS BC Realty and 1% to NS Member.

Appears in 1 contract

Sources: Limited Liability Company Operating Agreement (Northstar Capital Investment Corp /Md/)