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Common use of Use of Capital Clause in Contracts

Use of Capital. ‌ The Manager, in its discretion, may return capital to facilitate distributions to the Unitholders.

Appears in 2 contracts

Sources: Master Trust Agreement, Master Trust Agreement

Related Clauses

  • Return of Capital
  • Issuance of Capital Stock
  • Description of Capital Stock
  • Valid Issuance of Capital Stock
  • Return of Capital Contribution

Parent Clauses

  • ORGANIZATION AND CAPITALIZATION
  • Capital Contributions
  • Amendment to Partnership Agreement
  • Limitation and Non-Resident Ownership
  • Special Distribution on Redemptions

Sub-Clauses

  • Vacancy
  • Removal of the Trustee
  • Amendments by the Trustee with Notice
  • Restated Declarations of Trust
  • Amendments by the Trustee without Notice
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