DISTRIBUTIONS; CARRIED INTEREST Sample Clauses

DISTRIBUTIONS; CARRIED INTEREST. Distributions shall be made to the Members of Fund 1 - Qualified at the times and in the amounts determined by the Manager; provided, that any such Distributions (including all net realized income) by Fund 1 - Qualified will be made to the Members of Fund 1 - Qualified pro rata in accordance with their then-current Capital Account balances, with amounts distributable to a Member other than the Manager distributed to such Member and the Manager as follows:
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DISTRIBUTIONS; CARRIED INTEREST. Notwithstanding the foregoing, a distribution to the Partners will be made by the Partnership promptly after the Partnership receives cash proceeds from each Partnership investment (the “Distribution Proceeds”), subject to the capital needs of the Partnership as determined in the sole discretion of the General Partner, in the following manner and priority: (i) One hundred percent (100%) to the Partners in proportion to their respective capital contributions until the cumulative amount distributed to each Partner pursuant to this clause (i) equals such Partner’s capital contribution; (ii) A simple preferred return of eight percent (8%) per year (the “Preferred Return”) on each such Limited Partner’s capital contribution; (iii) Eighty percent (80%) of any excess over the amount allocated to the Partners in clauses (i) and (ii) to each Limited Partner in proportion to such Limited Partner’s Allocation Percentage; and (iv) The remaining twenty percent (20%) of such excess over the amount allocated to the Partners in clauses (i) and (ii) to the General Partner (such amount allocated to the General Partner, the “Carried Interest”).
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Related to DISTRIBUTIONS; CARRIED INTEREST

  • Distributions to Members Section 9.1

  • Distributions, Etc Upon the dissolution, winding up, liquidation or reorganization of the Tenant, whether in bankruptcy, insolvency or receivership proceedings or upon an assignment for the benefit of creditors or any other marshalling of the assets and liabilities of the Tenant, if any sum shall be paid or any property shall be distributed upon or with respect to any of the Pledged Collateral, such sum shall be paid over to the Secured Parties, to be held as collateral security for the Secured Obligations. If any dividend shall be declared on any of the Pledged Collateral (excluding cash dividends), or any share of beneficial interest or fraction thereof shall be issued pursuant to any split of beneficial interests involving any of the Pledged Collateral, or any distribution of capital shall be made on any of the Pledged Collateral, or any property shall be distributed upon or with respect to the Pledged Collateral pursuant to recapitalization or reclassification of the capital of the Tenant, the shares or other property so distributed shall be delivered to the Secured Parties to be held as collateral security for the Secured Obligations.

  • Distributions; Upstream Payments Declare or make any Distributions, except Upstream Payments and Permitted Distributions; or create or suffer to exist any encumbrance or restriction on the ability of a Subsidiary of Parent to make any Upstream Payment, except for restrictions under the Loan Documents, under Applicable Law or in effect on the Closing Date as shown on Schedule 9.1.15.

  • Distributions Distributions shall be made to the Member at the times and in the aggregate amounts determined by the Member. Notwithstanding any provision to the contrary contained in this Agreement, the Company shall not make a distribution to the Member on account of its interest in the Company if such distribution would violate Section 18-607 of the Act or other applicable law.

  • Operating Distributions Subject to Section 5.2, the Company shall from time to time distribute to the Member such amounts in cash and other assets as shall be determined by the Member.

  • Liquidating Distributions Notwithstanding anything to the contrary in this Article VII or in Section 8.3 of the Master Agreement, upon the sale of the Property or the dissolution and liquidation of the Series in accordance with the provisions of this Agreement and of Section 8.3 of the Master Agreement, the proceeds of liquidation of the Series or the sale of the Property will be distributed within ninety (90) days of the date of sale of the Property or the dissolution and liquidation in the following order and priority: (i) First, to creditors of the Series, including the Members who are creditors, to the extent otherwise permitted by law, in satisfaction (whether by payment or the making of reasonable provision for payment thereof) of all debts, liabilities, obligations and expenses of the Series, including, without limitation, the expenses incurred in connection with the liquidation of the Series; and (ii) Second, to the Members pro rata in proportion to their holdings of Shares, with such Distributions to be made by the end of the Fiscal Year during which the liquidation occurs (or, if later, ninety (90) days after the date of the liquidation).

  • Capital Contributions Distributions 17 TABLE OF CONTENTS (continued)

  • Interim Distributions At such times as may be determined by it in its sole discretion, the Trustee shall distribute, or cause to be distributed, to the Beneficiaries, in proportion to the number of Trust Units held by each Beneficiary relating to the Trust, such cash or other property comprising a portion of the Trust Assets as the Trustee may in its sole discretion determine may be distributed without detriment to the conservation and protection of the Trust Assets in the Trust.

  • Residual Distributions If the Liquidation Preference has been paid in full to all holders of Designated Preferred Stock and the corresponding amounts payable with respect of any other stock of the Issuer ranking equally with Designated Preferred Stock as to such distribution has been paid in full, the holders of other stock of the Issuer shall be entitled to receive all remaining assets of the Issuer (or proceeds thereof) according to their respective rights and preferences.

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