Relating to the Variable Distributions for 2016 and 2017. In order to be eligible to receive any portion of the Variable Distribution in respect of: (x) Fiscal Year 2016, the Limited Partner shall not have been subject to a Withdrawal pursuant to clause (A) (Cause) or clause (C) (resignation) of Section 8.3(a)(i) of the Limited Partnership Agreement as of December 31, 2016, and (y) Fiscal Year 2017, the Limited Partner shall not have ceased to be an Active Individual LP as of December 31, 2017.
Appears in 3 contracts
Sources: Partner Agreement (Och-Ziff Capital Management Group LLC), Partner Agreement (Och-Ziff Capital Management Group LLC), Partner Agreement (Och-Ziff Capital Management Group LLC)