Distributions on Dissolution and Winding Up. Upon a Dissolution Event, all available proceeds distributable to the Members as determined under Section 12.02 shall, subject to Section 5.07, be distributed to the Members in accordance with Section 12.02(a)(iii)(C).
Appears in 2 contracts
Sources: Purchase and Sale Agreement (Nextera Energy Partners, Lp), Membership Interest Purchase Agreement (Nextera Energy Partners, Lp)
Distributions on Dissolution and Winding Up. Upon a Dissolution Event, all available proceeds distributable to the Members as determined under Section 12.02 shall, subject to Section 5.075.07 and Section 5.08, be distributed to the Members (or, with respect to the SIP Member and its Affiliates, as otherwise provided in Section 5.08) in accordance with Section 12.02(a)(iii)(C).
Appears in 1 contract
Sources: Purchase and Sale Agreement (NextEra Energy Partners, LP)