Common use of Nonliquidating Distributions Clause in Contracts

Nonliquidating Distributions. Cash Flow shall be distributed to the Members in amounts deemed appropriate by the Management Committee after establishing appropriate reserves. Except as provided in Section 4.2, all distributions of Cash Flow shall be made among the Members in accordance with their respective Sharing Ratios.

Appears in 3 contracts

Sources: Operating Agreement (Qwest Communications International Inc), Operating Agreement (Qwest Communications International Inc), Operating Agreement (Qwest Communications International Inc)