Common use of Distribution on Withdrawal Clause in Contracts

Distribution on Withdrawal. Upon the withdrawal of a Limited Partner or upon the termination of the Partnership, all in accordance with the terms of this Agreement, each withdrawing Limited Partner, or each Partner, as the case may be, shall be paid its respective distributive interest in cash pro rata in accordance with the respective Book Capital Accounts of the withdrawing Partners.

Appears in 4 contracts

Samples: Partnership Agreement (Man Ahl Diversified I Lp), Partnership Agreement (Man Ahl Diversified I Lp), Limited Partnership Agreement (Man Ahl Diversified I Lp)

AutoNDA by SimpleDocs

Distribution on Withdrawal. Upon the withdrawal of a Limited Partner or upon the termination of the Partnership, all in accordance with the terms of this Agreement, each withdrawing Limited Partner, or each Partner, as the case may be, shall be paid its respective distributive interest in cash pro rata in accordance with the respective Book Capital Accounts of the withdrawing Partners.. Section 7.6

Appears in 1 contract

Samples: Partnership Agreement (Man Ahl Diversified I Lp)

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.