Common use of Allocation of Points Clause in Contracts

Allocation of Points. (b) Except as otherwise provided herein, the General Partner shall be responsible for the allocation of Points from time to time to the Limited Partners. At each such time of allocation, all Points available for allocation shall be so allocated to the Limited Partners (including APH) by the General Partner. Points allocated to Limited Partners (other than APH) may not be reduced except as set forth in Section 6.1 and this Article 7. Upon any allocation of Points (other than Excess Points) by the General Partner to an existing or new Limited Partner other than APH, there shall be a corresponding reduction in the Points of APH, as provided in Section 6.1. (a) The aggregate number of Points assigned or available for assignment to all Partners shall initially be 300. The General Partner intends generally to allocate all 300 Points to Limited Partners other than APH. ...

Appears in 1 contract

Samples: Confidential And (Apollo Global Management LLC)

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Allocation of Points. (ba) Except as otherwise provided herein, the General Partner shall be responsible for the allocation of Points from time to time to the Limited Partners. At each such time of allocation, all Points available for allocation shall be so allocated to the Limited Partners (including APH) by the General Partner. Points allocated to Limited Partners (other than APH) may not be reduced except as set forth in Section 6.1 and this Article 7Section 7.3. Upon any allocation of Points (other than Excess Points) by the General Partner to an existing or new Limited Partner other than APH, there shall be a corresponding reduction in the Points of APH, as provided in Section 6.1. (a) The aggregate number of Points assigned or available for assignment to all Partners shall initially be 300. The General Partner intends generally to allocate all 300 Points to Limited Partners other than APH. ....

Appears in 1 contract

Samples: Limited Partnership Agreement (Apollo Global Management LLC)

Allocation of Points. (a) The aggregate number of Points assigned or available for assignment to all Partners shall initially be 100. The General Partner intends generally to allocate all 100 Points to Limited Partners other than APH. (b) Except as otherwise provided herein, the General Partner shall be responsible for the allocation of Points from time to time to the Limited Partners. At each such time of allocation, all Points available for allocation shall be so allocated to the Limited Partners (including APH) by the General Partner. Points allocated to Limited Partners (other than APH) may not be reduced except as set forth in Section 6.1 and this Article 7. Upon any allocation of Points (other than Excess Points) by the General Partner to an existing or new Limited Partner other than APH, there shall be a corresponding reduction in the Points of APH, as provided in Section 6.1. (a) The aggregate number of Points assigned or available for assignment to all Partners shall initially be 300. The General Partner intends generally to allocate all 300 Points to Limited Partners other than APH. ....

Appears in 1 contract

Samples: And (Apollo Global Management LLC)

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Allocation of Points. (a) The aggregate number of Points assigned or available for assignment to all Partners shall initially be 200. The General Partner intends generally to allocate all 200 Points to Limited Partners other than APH. (b) Except as otherwise provided herein, the General Partner shall be responsible for the allocation of Points from time to time to the Limited Partners. At each such time of allocation, all Points available for allocation shall be so allocated to the Limited Partners (including APH) by the General Partner. Points allocated to Limited Partners (other than APH) may not be reduced except as set forth in Section 6.1 and this Article 7. Upon any allocation of Points (other than Excess Points) by the General Partner to an existing or new Limited Partner other than APH, there shall be a corresponding reduction in the Points of APH, as provided in Section 6.1. (a) The aggregate number of Points assigned or available for assignment to all Partners shall initially be 300. The General Partner intends generally to allocate all 300 Points to Limited Partners other than APH. ....

Appears in 1 contract

Samples: And (Apollo Global Management LLC)

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