Common use of Distributions of Net Cash Clause in Contracts

Distributions of Net Cash. Flow Except as provided in Section 9.3 with respect to distributions to be made upon dissolution of the Partnership, all Net Cash Flow shall be distributed by the Partnership 60 days after the end of each fiscal quarter in the following order of priority: (a) First, 90% to Fremont and 10% to Shurgard until the cumulative distributions to each of the Partners during the term of the Partnership equal the Priority Return; (b) Second, 90% to Fremont and 10% to Shurgard until the cumulative distributions to each of the Partners during the term of the Partnership equals the aggregate capital contributions of each Partner; and (c) Third, 80% to Fremont and 20% to Shurgard.