Common use of Allocations and Distributions Clause in Contracts

Allocations and Distributions. (Check One) ☐ - Partnership: A majority of the Partners shall vote to determine the timing and amount of any distribution and such determination shall be binding on all partners. ☐ - Limited Partnership: The General Partner shall determine the timing and amounts of distributions and such determination shall be binding on all Partners.

Appears in 34 contracts

Sources: Partnership Agreement, Partnership Agreement, Partnership Agreement

Allocations and Distributions. (Check One) - Partnership: A majority of the Partners shall vote to determine the timing and amount of any distribution and such determination shall be binding on all partners. - Limited Partnership: The General Partner shall determine the timing and amounts of distributions and such determination shall be binding on all Partners.

Appears in 6 contracts

Sources: Partnership Agreement, Partnership Agreement, Partnership Agreement

Allocations and Distributions. (Check One) - Partnership: A majority of the Partners shall vote to determine the timing and amount of any distribution and such determination shall be binding on all partners. - Limited Partnership: The General Partner shall determine the timing and amounts of distributions and such determination shall be binding on all Partners.

Appears in 3 contracts

Sources: Partnership Agreement, Partnership Agreement, Partnership Agreement