Distributions of Cash — LPA/LLC

Description

This AI field captures the manner in which available cash and proceeds of sale, where applicable, is to be distributed among the partners/members, including distribution rights of particular classes or series of partnership/company interests, and special cash distributions to partners or members where regular distributions for the year would be insufficient to cover their applicable income tax liability in respect of partnership or company income allocated to them.


Jurisdiction

  • Canada (Alberta, British Columbia, and Ontario)
  • United States (California, Delaware, Illinois, and Texas)

Document Types

  • 100% Governance Agt
  • 0% Other

Tags

  • LPA/LLC

Language

  • 100% English