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/)