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Common use of Distributions of Proceeds of Liquidation Clause in Contracts

Distributions of Proceeds of Liquidation. The proceeds of liquidation shall be applied in the following order of priority:

Appears in 5 contracts

Sources: Partnership Agreement (Pruco Life of New Jersey Variable Contract Real Property Acc), Partnership Agreement (Pruco Life Variable Contract Real Property Account), Limited Liability Company Agreement (CNL Growth Properties, Inc.)

Related Clauses

  • Applications of Proceeds
  • Distribution of Proceeds
  • Application of Net Liquidation Proceeds
  • Distributions of Net Cash Flow
  • Use of Proceeds of Advances

Parent Clauses

  • Dissolution
  • Prudential
  • Special Requirements
  • Waiver or Right of Partition

Sub-Clauses

  • Third
  • Second
  • Fourth
  • Fifth
  • First
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