Common use of Cash Available for Distribution Clause in Contracts

Cash Available for Distribution. Subject to the other provisions of this Article 5 and to the provisions of Sections 13.2 and 16.3, the General Partner shall cause the Partnership to distribute, at such times as the General Partner shall determine (each a “Distribution Date”), an amount of Cash Available for Distribution, determined by the General Partner in its sole discretion to the Limited Partners and the General Partner, as of the applicable Partnership Record Date, as follows: (i) first, 100% to the Partners holding Series A Redeemable Preferred Units in proportion to their respective Percentage Interests until such Partners have received in the aggregate, pursuant to this Section 5.1(a)(i) and Section 5.1(b)(i), an amount such that the Series A Preferred Return has been met with respect to each such Series A Redeemable Preferred Unit; and (ii) thereafter, 100% to the Partners holding GP Units and Class A Units in accordance with each such Partner’s respective Percentage Interest.

Cash Available for Distribution. Subject to the other provisions of this Article 5 and to the provisions of Sections 13.2 and 16.3, the General Partner shall cause the Partnership to distribute, at such times as the General Partner shall determine (each a “Distribution Date”), an amount of Cash Available for Distribution, determined by the General Partner in its sole discretion to the Limited Partners and the General Partner, as of the applicable Partnership Record Date, as follows: (i) first, 100% to the Partners holding Series A Redeemable Preferred Units in proportion to their respective Percentage Interests accrued but unpaid Preferred Returns until such Partners have received in the aggregate, pursuant to this Section 5.1(a)(i) and Section 5.1(b)(i), an amount such that the Series A Preferred Return has been met with respect to each such Series A Redeemable Preferred Unit; and (ii) thereafter, 100% to the Partners holding GP Units and Class A Units pro rata and pari passu in accordance with proportion to each such Partner’s respective Percentage Interest.

Cash Available for Distribution. Subject to the other provisions of this Article 5 and to the provisions of Sections 13.2 and 16.3, the General Partner shall cause the Partnership to distribute, at such times as the General Partner shall determine (each a “Distribution Date”), an amount of Cash Available for Distribution, determined by the General Partner in its sole discretion to the Limited Partners and the General Partner, as of the applicable Partnership Record Date, Date as follows: (i) first, 100% to the Partners holding Series A Redeemable Preferred Units in proportion to their respective Percentage Interests until such Partners have received in the aggregate, pursuant to this Section 5.1(a)(i) and Section 5.1(b)(i), an amount such that the Series A Preferred Return has been met with respect to each such Series A Redeemable Preferred Unit; and (ii) thereafter, 100% to the Partners holding GP Units and Class A Units in accordance with each such Partner’s respective Percentage Interest.