Common use of Amount of Distribution Clause in Contracts

Amount of Distribution. In the event of the liquidation, dissolution or winding-up of the Partnership or any other distribution of the assets of the Partnership among its Unitholders for the purpose of winding up its affairs, a holder of LP Exchangeable Units shall be entitled, subject to applicable law, to receive from the assets of the Partnership in respect of each LP Exchangeable Unit held by such holder on the effective date (the “LIQUIDATION DATE”) of such liquidation, dissolution or winding-up, an amount per Unit (the “LIQUIDATION AMOUNT”) equal to the sum of (i) one share of Class B Common Stock plus (ii) an amount equal to all declared and unpaid distributions on each such LP Exchangeable Unit held by such holder on any distribution record date which occurred prior to the Liquidation Date.

Amount of Distribution. In the event of the liquidation, dissolution or winding-up of the Partnership or any other distribution of the assets of the Partnership among its Unitholders for the purpose of winding up its affairs, a holder of LP Exchangeable Units shall be entitled, subject to applicable law, to receive from the assets of the Partnership in respect of each LP Exchangeable Unit held by such holder on the effective date (the “"LIQUIDATION DATE”") of such liquidation, dissolution or winding-up, an amount per Unit (the “"LIQUIDATION AMOUNT”") equal to the sum of (i) one share of Class B Common Stock plus (ii) an amount equal to all declared and unpaid distributions on each such LP Exchangeable Unit held by such holder on any distribution record date which occurred prior to the Liquidation Date.