Amounts and Priority of Distributions. (a) Each distribution of Investment Proceeds initially shall be tentatively apportioned among the Contributing Partners in accordance with their Percentage Interests in the Investment from which the distribution is derived. Notwithstanding the previous sentence, each Limited Partner's share of such distribution shall be divided between such Limited Partner, on the one hand, and the General Partner, on the other hand, as follows:
(i) first, 100% to such Limited Partner until such Limited Partner has received aggregate distributions pursuant to this clause (i) equal to such Limited Partner's aggregate Capital Contributions; Priority Return;
(ii) second, 100% to such Limited Partner until such Limited Partner has received its (iii) third, 100% to the General Partner until cumulative distributions of Investments Proceeds under this clause (iii) equal 20% of the aggregation distributions made to the Partners pursuant to clause (ii) and this clause (iii) of this section 4.2(a);
Amounts and Priority of Distributions. The amount available for distribution on each distribution date shall be determined by the Administrative Member in accordance with Sections 9.2 or 9.3, as applicable.
Amounts and Priority of Distributions. Unless otherwise expressly provided herein, Distributable Proceeds shall be distributed as follows:
(a) First, pro rata to the Limited Partners and the General Partner until each Partner’s Unpaid Preferred Return is reduced to zero, such amounts to be distributed to each Partner in the same proportion that the Unpaid Preferred Return of such Partner bears to the aggregate Unpaid Preferred Return of all Partners;
(b) Second, pro rata to the Limited Partners and the General Partner until each Partner’s Contributions are reduced to zero, such amounts to be distributed to each Partner in the same proportion that the Contributions of such Partner bears to the aggregate amount of Contributions of all Partners; and
(c) Thereafter, 70% to the Limited Partners and the General Partner, such amounts to be distributed to each Partner in the same proportion that the Contribution of such Partner bears to the aggregate Contributions of all Partners, and the remaining 30% to the General Partner. The General Partner will be entitled to withhold from any distributions amounts necessary to create, in its sole discretion, appropriate reserves for expenses and liabilities of the Partnership and the Subsidiary and any required tax withholdings. Notwithstanding anything to the contrary or otherwise set forth in this Agreement, if the originally-named General Partner (that is, for avoidance of doubt, Trident 5400 FIB Management LLC) is removed as General Partner without cause pursuant to Section 11.1.2, then all amounts payable to the General Partner pursuant to this Section 7.2.2 (including, without limitation, in connection with a liquidation) shall remain payable to Trident 5400 FIB Management LLC notwithstanding that such entity is no longer the General Partner of the Partnership.
Amounts and Priority of Distributions. Notwithstanding anything to the contrary herein, the Winding Up Period shall end no later than the later to occur of (x) after the date of Disposition (including pursuant to Section 9.3 (Assets Reserved and Pending Claims)) of the last remaining Investment and (y) the end of the Partnership’s taxable year in which the Disposition referred to in subclause (x) above shall occur.
Amounts and Priority of Distributions. (a) Treatment of Capital Proceeds. Each distribution of Capital Proceeds with respect to a Private Equity Investment shall be made to the Partners in proportion to their respective capital contributions (as adjusted pursuant to this Agreement) through the Partnership for such Private Equity Investment.
Amounts and Priority of Distributions. Except as otherwise provided herein, Investment Proceeds from an Investment will be tentatively apportioned among the Partners (including the Sponsor Group) in proportion to each of their respective Percentage Interests with respect to such Investment. Except as otherwise provided herein, the amount apportioned to the Sponsor Group will be distributed to the Sponsor Group and the amount apportioned to each Limited Partner will be distributed as follows:
Amounts and Priority of Distributions. (a) Prior to dissolution of the Company, the Managing Member shall, to the extent of available cash, after servicing all Company debt and provision of reasonable reserves for expenses and contingencies, distribute in cash, no later than sixty (60) days after the close of each fiscal year, to the Members the excess, if any, of (i) forty percent (40%) of an amount equal to the excess, if any, of the cumulative items of income and gain over the cumulative items of deduction, loss and credit (grossed up to a deduction equivalent at a forty percent (40%) tax rate) as shown on the federal income tax returns of the Company for all periods over (ii) the sum of amounts previously distributed pursuant to Section 4.2(a) and (b). The Managing Member shall adjust the rate of distribution provided in this Section 4.2(a) to reflect any changes made to the ordinary income and capital gains tax rates of the Code which may have the effect of requiring the Members to pay more or less taxes on ordinary income or capital gains generated by Company activities. Distributions pursuant to this Section 4.2(a) shall be made to the Members ratably in the proportions in which the net recognized income and gains (but not income and gains deemed recognized under Section 5.2(b)) for such fiscal periods have been allocated to them for federal income tax purposes pursuant to Section 5.3. For purposes of this Section 4.2(a), in the case of property contributed to the capital of the Company, items of income, gain, deduction and loss shall be computed as if the tax basis of such property were equal to its fair market value at the time of such contribution.
(b) Subject to Sections 4.2(a) and 4.3, prior to dissolution of the Company, the Managing Member may, in its reasonable discretion, distribute to the Members additional amounts after making adequate reserves for expenses and contingencies. Distributions pursuant to this Section 4.3(b) shall be made to the Members in proportion to their Targeted Capital Account balances.
Amounts and Priority of Distributions. Distributions shall be made to the Members in proportion to their Percentage Interests.
Amounts and Priority of Distributions. (a) Distributable Proceeds shall be distributed to the Partners pro rata in accordance with their Interests.
(b) Distributions pursuant to this Section 4.3 shall be made only in cash.
Amounts and Priority of Distributions. In the event of a partial Disposition (including a recapitalization, royalty or other similar payment, refinancing or principal payment with respect thereto) of an Investment, the General Partner shall determine, for all purposes of this Agreement, in an equitable manner, the portion of such Investment that has been Disposed Of and the Capital Contributions made by the Partners with respect to such portion of such Investment.
