Common use of Distributions in General Clause in Contracts

Distributions in General. The Management Trustee shall cause to be Distributed to each Holder only their respective Royalty Share Payments in accordance with the terms and conditions of the applicable Holder’s Royalty Share Agreement. In accordance with the Royalty Share Agreements, the Management Trustee’s obligation to make Distributions of Royalty Share Payments to any Holder in respect of each series of Royalty Shares shall be limited, in all circumstances, to an amount equal to the amount of corresponding Net Royalties actually received by the Management Trustee (after deducting the any Royalty Fees), and that no Royalty Share Payments on the Royalty Shares shall be payable to any Holder unless the Trust has actually received corresponding Net Royalties. Notwithstanding any provision to the contrary contained herein, the Management Trustee shall not cause a Distribution to be made if such Distribution would violate Applicable Law.