Common use of Adjustment of Target Distribution Levels Clause in Contracts

Adjustment of Target Distribution Levels. (a) The Target Distributions, Common Unit Arrearages and Cumulative Common Unit Arrearages shall be proportionately adjusted in the event of any distribution, combination or subdivision (whether effected by a distribution payable in Units or otherwise) of Units or other Membership Interests in accordance with Section 5.8. In the event of a distribution of Available Cash that is deemed to be from Capital Surplus, the then applicable Target Distributions shall be reduced in the same proportion that the distribution had to the fair market value of the Common Units prior to the announcement of the distribution. (b) The Target Distributions shall also be subject to adjustment pursuant to Section 5.12 and Section 6.9.

Adjustment of Target Distribution Levels. (a) The Target Distributions, Common Unit Arrearages and Cumulative Common Unit Arrearages shall be proportionately adjusted in the event of any distribution, combination or subdivision (whether effected by a distribution payable in Units or otherwise) of Units or other Membership Interests in accordance with Section 5.8Partnership Interests. In the event of a distribution of Available Cash cash or cash equivalents that is deemed to ENVIVA PARTNERS, LP FIRST AMENDED AND RESTATED AGREEMENT OF LIMITED PARTNERSHIP be from Capital Surplus, the then applicable Target Distributions shall be reduced in the same proportion that the distribution had to the fair market value Current Market Price of the Common Units immediately prior to the announcement declaration of the distribution. (b) The Target Distributions shall also be subject to adjustment pursuant to Section 5.12 and Section 6.9.

Adjustment of Target Distribution Levels. (a) The Target Distributions, Common Unit Arrearages and Cumulative Common Unit Arrearages shall be proportionately adjusted in the event of any distribution, combination or subdivision (whether effected by a distribution payable in Units or otherwise) of Units or other Membership Interests in accordance with Section 5.8Partnership Interests. In the event of a distribution of Available Cash cash or cash equivalents that is deemed to be from Capital Surplus, the then applicable Target Distributions shall be reduced in the same proportion that the distribution had to the fair market value Current Market Price of the Common Units immediately prior to the announcement declaration of the distribution. (b) The Target Distributions shall also be subject to adjustment pursuant to Section 5.12 and Section 6.9.

Adjustment of Target Distribution Levels. (a) The Target Distributions, Common Unit Arrearages and Cumulative Common Unit Arrearages shall be proportionately adjusted in the event of any distribution, combination or subdivision (whether effected by a distribution payable in Units or otherwise) of Units or other Membership Interests in accordance with Section ‎Section 5.8. In the event of a distribution of Available Cash that is deemed to be from Capital Surplus, the then applicable Target Distributions shall be reduced in the same proportion that the distribution had to the fair market value of the Common Units prior to the announcement of the distribution. (b) The Target Distributions shall also be subject to adjustment pursuant to Section ‎Section 5.12 and Section ‎Section 6.9.