Common use of Distribution Formula Clause in Contracts

Distribution Formula. The Distribution Formula may be amended, revised or updated from time to time by the PTOs with ratification by the Limited Partners by Special‌ Resolution pursuant to the Partnership Agreement, or by the Partnership by an Extraordinary Resolution of the Limited Partners pursuant to the Partnership Agreement.

Appears in 2 contracts

Sources: Long Term Gaming Revenue Sharing Agreement, Long Term Gaming Revenue Sharing Agreement

Distribution Formula. The Distribution Formula may be amended, revised or updated from time to time by the PTOs with ratification by the Limited Partners by Special‌ Special Resolution pursuant to the Partnership Agreement, or by the Partnership by an Extraordinary Resolution of the Limited Partners pursuant to the Partnership Agreement.

Appears in 1 contract

Sources: Interim Bc First Nations Gaming Revenue Sharing and Financial Agreement