Common use of Operating Distributions Clause in Contracts

Operating Distributions. Any distributions authorized by the Board other than Liquidating Distributions pursuant to Section 4.05 shall be distributed among the Members based on their Financial Rights as reflected on SCHEDULE A.

Appears in 1 contract

Sources: Operating Agreement (Land O Lakes Inc)

Operating Distributions. Any distributions authorized by the Board other than Liquidating Distributions pursuant to Section 4.05 shall be distributed among the Members based on their Financial Rights Percentage Interests as reflected on SCHEDULE Schedule A.

Appears in 1 contract

Sources: Operating and Member Control Agreement (Land O Lakes Inc)

Operating Distributions. Any distributions authorized by the Board other than Liquidating Distributions pursuant to Section 4.05 shall be distributed among the Members based on their Financial Rights as reflected on SCHEDULE A.Schedule 4.01.

Appears in 1 contract

Sources: Operating Agreement (Cenex Harvest States Cooperatives)

Operating Distributions. Any distributions authorized by the Board other than Liquidating Distributions pursuant to Section 4.05 shall be distributed among the Members Member(s) based on their Financial Rights as reflected on SCHEDULE A.Schedule 4.01.

Appears in 1 contract

Sources: Operating Agreement (Land O Lakes Inc)

Operating Distributions. Any distributions authorized by the Board other than Liquidating Distributions pursuant to Section 4.05 3.05 shall be distributed among the Members based on their Financial Rights Percentage Interests as reflected on SCHEDULE A.Schedule A; provided, however, that the Board shall annually distribute cash to the members based on their Percentage Interests as reflected on Schedule A in an amount equal to the Estimated Member Tax Liability to the extent such a distribution is legally permitted.

Appears in 1 contract

Sources: Member Control Agreement (Aoa Capital Corp)

Operating Distributions. Any distributions authorized by the Board other than Liquidating Distributions pursuant to Section 4.05 shall be distributed among the Members based on their Financial Rights as reflected on SCHEDULE Schedule A.

Appears in 1 contract

Sources: Operating Agreement (Land O Lakes Inc)