Capital Distributions. (1) The Managing GP may make Capital Distributions to the Partners, from time to time, as it may determine in its sole discretion, in accordance with and provided that such Capital Distributions are permitted under, Article 6 (Priorities of Payments) and if applicable, under the terms of the Security Agreement.
Appears in 9 contracts
Samples: Limited Partnership Agreement, Limited Partnership Agreement (RBC Covered Bond Guarantor Limited Partnership), Limited Partnership Agreement
Capital Distributions. (1) The Managing GP may make Capital Distributions in cash to the Partners, from time to time, as it may determine in its sole discretion, in accordance with and provided that such Capital Distributions are permitted under, Article 6 (Priorities of Payments) and if applicable, under the terms of the Security Agreement.
Appears in 3 contracts
Samples: Limited Partnership Agreement, Limited Partnership Agreement (BMO Covered Bond Guarantor Limited Partnership), Limited Partnership Agreement (Bank of Nova Scotia /)
Capital Distributions. (1) The Managing GP may make Capital Distributions to the Partners, from time to time, as it may determine in its sole discretion, in accordance with and provided that (a) such Capital Distributions are permitted under, Article 6 (Priorities of Payments) and if applicable, under the terms of the Security AgreementAgreement and (b) Principal Receipts are only used to make such Capital Distributions following the repayment of the Intercompany Loan in full.
Appears in 1 contract
Samples: Limited Partnership Agreement
Capital Distributions. (1) The Managing GP may make Capital Distributions to the Partners, from time to time, as it may determine in its sole discretion, in accordance with and provided that such Capital Distributions are permitted under, Article 6 (Priorities of Payments) and if applicable, under the terms of the Security Agreement.
Appears in 1 contract
Samples: Limited Partnership Agreement (Golden Credit Card Trust)
Capital Distributions. (1a) The Managing GP may make Capital Distributions to the Partners, from time to time, as it may determine in its sole discretion, in accordance with and provided that (a) such Capital Distributions are permitted under, under Article 6 (Priorities of Payments) and if applicable, under the terms of the Security AgreementAgreement and (b) Principal Receipts are only used to make such Capital Distributions following the repayment of the Intercompany Loan in full.
Appears in 1 contract
Samples: Limited Partnership Agreement
