Distribution Equivalents. The Participant will have the right to receive an amount in cash equal to (i) the amount of any distribution paid with respect to a Common Unit multiplied by (ii) the number of Restricted Units held by the Participant, at the time such distributions are paid to holders of Common Units.
Appears in 6 contracts
Samples: Restricted Unit Agreement, Restricted Unit Agreement (Ares Management Lp), Restricted Unit Agreement (Ares Management Lp)
Distribution Equivalents. The Participant will have the right to receive an amount in cash equal to (i) the amount of any distribution paid with respect to a Common Unit Share multiplied by (ii) the number of Restricted Units held by the Participant, at the time such distributions are paid to holders of Common UnitsShares.
Appears in 2 contracts
Samples: Restricted Unit Agreement (Ares Management Lp), Restricted Unit Agreement (Ares Management Lp)
