Amounts and Priority of Distributions Sample Clauses
The "Amounts and Priority of Distributions" clause defines how and in what order funds or profits are distributed among parties involved in an agreement, such as investors, partners, or shareholders. It typically outlines the specific amounts each party is entitled to receive and establishes a hierarchy or sequence for these payments, for example, ensuring that certain classes of investors are paid before others or that preferred returns are satisfied prior to common distributions. This clause is essential for preventing disputes by clearly allocating financial entitlements and setting expectations regarding the flow of funds.
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Amounts and Priority of Distributions. (a) Each distribution of Investment Proceeds initially shall be tentatively apportioned among the Contributing Partners in accordance with their Percentage Interests in the Investment from which the distribution is derived. Notwithstanding the previous sentence, each Limited Partner's share of such distribution shall be divided between such Limited Partner, on the one hand, and the General Partner, on the other hand, as follows:
(i) first, 100% to such Limited Partner until such Limited Partner has received aggregate distributions pursuant to this clause (i) equal to such Limited Partner's aggregate Capital Contributions; Priority Return;
(ii) second, 100% to such Limited Partner until such Limited Partner has received its (iii) third, 100% to the General Partner until cumulative distributions of Investments Proceeds under this clause (iii) equal 20% of the aggregation distributions made to the Partners pursuant to clause (ii) and this clause (iii) of this section 4.2(a);
Amounts and Priority of Distributions. Unless otherwise expressly provided herein, Distributable Proceeds shall be distributed as follows:
(a) First, pro rata to the Limited Partners and the General Partner until each Partner’s Unpaid Preferred Return is reduced to zero, such amounts to be distributed to each Partner in the same proportion that the Unpaid Preferred Return of such Partner bears to the aggregate Unpaid Preferred Return of all Partners;
(b) Second, pro rata to the Limited Partners and the General Partner until each Partner’s Contributions are reduced to zero, such amounts to be distributed to each Partner in the same proportion that the Contributions of such Partner bears to the aggregate amount of Contributions of all Partners; and
(c) Thereafter, (i) 70% to the Limited Partners and the General Partner, such amounts to be distributed to each Partner in the same proportion that the Contribution of such Partner bears to the aggregate Contributions of all Partners, and (ii) 30% to the General Partner. The General Partner will be entitled to withhold from any distributions amounts necessary to create, in its sole discretion, appropriate reserves for expenses and liabilities of the Partnership and the Subsidiary and any required tax withholdings.
Amounts and Priority of Distributions. The amount available for distribution on each distribution date shall be determined by the Administrative Member in accordance with Sections 9.2 or 9.3, as applicable.
Amounts and Priority of Distributions. In the event of a partial Disposition (including a recapitalization, royalty or other similar payment, refinancing or principal payment with respect thereto) of an Investment, the General Partner shall determine, for all purposes of this Agreement, in an equitable manner, the portion of such Investment that has been Disposed Of and the Capital Contributions made by the Partners with respect to such portion of such Investment.
Amounts and Priority of Distributions. (a) Treatment of Capital Proceeds. Each distribution of Capital Proceeds with respect to a Private Equity Investment shall be made to the Partners in proportion to their respective capital contributions (as adjusted pursuant to this Agreement) through the Partnership for such Private Equity Investment.
Amounts and Priority of Distributions. (a) The General Partner shall cause the Partnership to make distributions of all available Distribution Proceeds to the General Partner and to the Feeder Funds for distribution to the partners of the Feeder Funds at such times as determined by the General Partner in its sole discretion. Each Feeder Fund shall distribute to each partner of such Feeder Fund the Distribution Proceeds attributable to such partner (determined as described below and subject to any reserves). Subject to Section 6.03, Distribution Proceeds to be distributed by the Partnership will be first apportioned between the General Partner and the Feeder Funds pro rata based on their Partnership Percentages. Second, any Distribution Proceeds so apportioned to a Feeder Fund shall be further apportioned between the partners of such Feeder Fund pro rata based on their Feeder Fund Percentages. Third, any Distribution Proceeds so apportioned to each partner of such Feeder Fund (other than the General Partner) shall be further apportioned between such partner of such Feeder Fund and the General Partner in the following order of priority:
Amounts and Priority of Distributions. (a) Distributable Proceeds shall be distributed to the Partners pro rata in accordance with their Interests.
(b) Distributions pursuant to this Section 4.3 shall be made only in cash.
Amounts and Priority of Distributions. Distributions shall be made as follows:
(a) First 100% to the holders of Redeemable Preferred Units in accordance with the provisions of Annex C, including in the form of preferred yield and redemption payments, pro rata to such holders in accordance with the number of Redeemable Preferred Units held by each holder, until all the Redeemable Preferred Units have been redeemed; and
(b) Second, thereafter, 100% to holders of Common Units, pro rata, to such holders in accordance with the number of Common Units held by each holder, except as otherwise required by Annex C with respect to distributions in connection with the dissolution and winding up of the LLC.
Amounts and Priority of Distributions. Notwithstanding anything to the contrary herein, the Winding Up Period shall end no later than the later to occur of (x) after the date of Disposition (including pursuant to Section 9.3 (Assets Reserved and Pending Claims)) of the last remaining Investment and (y) the end of the Partnership’s taxable year in which the Disposition referred to in subclause (x) above shall occur.
Amounts and Priority of Distributions. Distributions shall be made to the Members in proportion to their Percentage Interests.