Common use of Distribution Rate Clause in Contracts

Distribution Rate. If the distribution rate per annum on the 7.00% Series A Preferred Units issued by the Issuer shall increase pursuant to Section 16.6 of the Issuer Limited Partnership Agreement, then the Distribution Rate shall increase by the same amount beginning on the same date as set forth in Article XVI of the Issuer Limited Partnership Agreement.

Appears in 5 contracts

Samples: Limited Partnership Agreement (Ares Management Lp), Limited Partnership Agreement (Ares Management Lp), Limited Partnership Agreement (Ares Management Lp)

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Distribution Rate. If the distribution rate per annum on the 7.00% Series A Preferred Units Shares issued by the Issuer shall increase pursuant to Section 16.6 20.06 of the Issuer Limited Partnership AgreementCertificate of Incorporation, then the Distribution Rate shall increase by the same amount beginning on the same date as set forth in Article XVI XX of the Issuer Limited Partnership AgreementCertificate of Incorporation.

Appears in 4 contracts

Samples: Limited Partnership Agreement (Ares Management Corp), Limited Partnership Agreement (Ares Management Corp), Limited Partnership Agreement (Ares Management Corp)

Distribution Rate. If the distribution rate per annum on the 7.00% Series A Preferred Units Shares issued by the Issuer shall increase pursuant to Section 16.6 of the Issuer Limited Partnership Agreement, then the Distribution Rate shall increase by the same amount beginning on the same date as set forth in Article XVI of the Issuer Limited Partnership Agreement.

Appears in 3 contracts

Samples: And Restated Agreement (Ares Management Lp), Limited Partnership Agreement (Ares Management Lp), Limited Partnership Agreement (Ares Management Lp)

Distribution Rate. If the distribution rate per annum on the 7.006.50% Series A B Preferred Units issued by the Issuer shall increase pursuant to Section 16.6 17.6 of the Issuer Limited Partnership Agreement, then the Distribution Rate distribution rate per annum on the Series B Preferred Mirror Units shall increase by the same amount beginning on the same date as set forth in Article XVI XVII of the Issuer Limited Partnership Agreement.

Appears in 2 contracts

Samples: Deed of Amendment (KKR & Co. L.P.), KKR & Co. L.P.

Distribution Rate. If the distribution rate per annum on the 7.006.75% Series A Preferred Units issued by the Issuer shall increase pursuant to Section 16.6 of the Issuer Limited Partnership Agreement, then the Distribution Rate distribution rate per annum on the Series A Preferred Mirror Units shall increase by the same amount beginning on the same date as set forth in Article XVI of the Issuer Limited Partnership Agreement.

Appears in 2 contracts

Samples: Deed of Amendment (KKR & Co. L.P.), KKR & Co. L.P.

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Distribution Rate. If the distribution rate per annum on the 7.006.75% Series A Preferred Units issued by the Issuer shall increase pursuant to Section 16.6 of the Issuer Limited Partnership Agreement, then the Distribution Rate shall increase by the same amount beginning on the same date as set forth in Article XVI of the Issuer Limited Partnership Agreement.

Appears in 1 contract

Samples: KKR & Co. L.P.

Distribution Rate. If the distribution rate per annum on the 7.006.50% Series A B Preferred Units issued by the Issuer shall increase pursuant to Section 16.6 17.6 of the Issuer Limited Partnership Agreement, then the Distribution Rate shall increase by the same amount beginning on the same date as set forth in Article XVI XVII of the Issuer Limited Partnership Agreement.

Appears in 1 contract

Samples: KKR & Co. L.P.

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