Distributions of Cash from Interim Capital Transactions. Available Cash that constitutes Cash from Interim Capital Transactions shall be distributed, unless the provisions of Section 5.3 require otherwise, 98% to all Unitholders, Pro Rata, and 2% to the General Partner, until a hypothetical holder of a Common Unit acquired on the Closing Date has received with respect to such Common Unit, during the period since the Closing Date through such date, distributions of Available Cash that are deemed to be Cash from Interim Capital Transactions in an aggregate amount equal to the Initial Unit Price. Thereafter, all Available Cash shall be distributed as if it were Cash from Operations and shall be distributed in accordance with Section 5.4.
Distributions of Cash from Interim Capital Transactions. Subject to Section 17-607 of the Delaware Act, Available Cash that constitutes Cash from Interim Capital Transactions shall be distributed, unless the provisions of Section 5.3 require otherwise, as follows:
(a) First, to the Limited Partners holding Senior Units, Pro Rata, in an amount equal to 100% less the Percentage Interest of the General Partner Interest, and to the General Partner in an amount equal to the Percentage Interest of its General Partner Interest, until there has been distributed in respect of each Senior Unit then Outstanding an amount equal to any accumulated and unpaid Senior Unit Distribution through such date;
(b) Second, to the Limited Partners holding Senior Units, Pro Rata, in an amount equal to 100% less the Percentage Interest of the General Partner Interest, and to the General Partner in an amount equal to the Percentage Interest of its General Partner Interest, until a hypothetical holder of a Senior Unit acquired on the WNGL Closing Date has received with respect to such Senior Unit, during the period since the WNGL Closing Date through such date, distributions of Available Cash that are deemed to be Cash from Interim Capital Transactions in an aggregate amount equal to the Senior Unit Liquidation Preference;
(c) Third, to the Unitholders, Pro Rata, until a hypothetical holder of a Common Unit acquired on the Initial Closing Date has received with respect to such Common Unit, during the period since the Initial Closing Date through such date, distributions of Available Cash that are deemed to be Cash from Interim Capital Transactions in an aggregate amount equal to the Initial Unit Price; and
(d) Thereafter, all Available Cash shall be distributed as if it were Cash from Operations and shall be distributed in accordance with Section 5.4.
Distributions of Cash from Interim Capital Transactions. Distributions by the Partnership of Available Cash that constitutes Cash from Interim Capital Transactions shall be distributed, unless the provisions of Section 5.3 require otherwise, 98/99ths to all Limited Partners in proportion to the respective number of LP Units held by them and 1/99th to the General Partner until there has been distributed in respect of each Senior Preference Unit sold in the Initial Offering, since the Closing Date through such date, distributions of Available Cash that are deemed to be Cash from Interim Capital Transactions in an aggregate amount equal to $22 per Senior Preference Unit. Thereafter, all Available Cash shall be distributed as if it were Cash from Operations and shall be distributed in accordance with Section 5.4 or 5.5, whichever is applicable.
Distributions of Cash from Interim Capital Transactions. An amount equal to 100% of Available Cash that constitutes Cash from Interim Capital Transactions shall be distributed in accordance with Section 5.7(a), unless the provisions of Section 5.3 require otherwise, 99% to all Limited Partners, Pro Rata, and 1% to the General Partner until a hypothetical holder of a Common Unit acquired on the Closing Date has received with respect to such Common Unit, during the period since the Closing Date through such date, distributions of Available Cash that are deemed to be Cash from Interim Capital Transactions in an aggregate amount equal to the Initial Unit Price. Thereafter, all Available Cash shall be distributed as if it were Cash from Operations and shall be distributed in accordance with Section 5.4.
Distributions of Cash from Interim Capital Transactions. Available Cash that constitutes Cash from Interim Capital Transactions shall be distributed, unless the provisions of Section 5.3 require otherwise, 98.000001% to all Limited Partners, in accordance with their respective Percentage Interests, and 1.999999% to the General Partner until a hypothetical holder of a Unit acquired at the time of the Initial Offering has received with respect to each Unit, from Partnership Inception through such date, distributions of Available Cash that are deemed to be Cash from Interim Capital Transactions in an aggregate amount per LP Unit equal to the Initial Unit
Distributions of Cash from Interim Capital Transactions. Subject to Section 17-607 of the Delaware Act, Available cash with respect to any Quarter that is deemed to be Cash from Interim Capital Transactions shall be distributed, except as otherwise required by Section 5.6 in respect of any period in which Class B Units are outstanding, in accordance with Section 5.4 as if it were Cash from Operations.
Distributions of Cash from Interim Capital Transactions. After providing for the satisfaction of all current debts and obligations of the Partnership, including any required payments on any loan or other financing, the General Partner shall distribute the net proceeds from an Interim Capital Transaction, to the Partners to the extent available (after establishment of reasonable reserves) in the following manner and order of priority:
(a) First, an amount of such net proceeds equal to the aggregate balance of the Class A Limited Partner's Unrecovered Capital shall be distributed to the Class A Limited Partner;
(b) Second, an amount of such net proceeds equal to the aggregate balance of the Class A Limited Partner's 6% Preferred Return shall be distributed to the Class A Limited Partner;
(c) Third, an amount of such net proceeds equal to the aggregate balance of the Unrecovered Capital of the Class B Limited Partners shall be distributed to the Class B Limited Partners;
(d) Fourth, an amount of such net proceeds equal to the Balance of the Class A Limited Partner's 9% Preferred Return shall be distributed to the Class A Limited Partner;
(e) Fifth, an amount of such net proceeds equal to the Class B Limited Partners' 9% Preferred Return shall be distributed to the Class B Limited Partners;
(f) Sixth, an amount of such proceeds up to the Unrecovered Capital of the General Partner shall be distributed to the General Partner;
(g) Seventh, to (i) the Class A Limited Partner to the extent of its Balance of the Limited Partners' 15% Preferred Return, and (ii) the Class B Limited Partners, to the extent of their Balance of the Limited Partners' 15% Preferred Return. To the extent that the amount available for distribution under this Section 6.3(g) is less than the sum of the amounts referred to in sections 6.3(g)(i) and (ii), then the amount to be distributed to each group hereunder shall be based upon a fraction of the amount available, the numerator of such fraction being the amount referred to in either Section 6.3(g)(i) or (ii), as the case may be, and the denominator of such fraction being the total of the amounts referred to in Sections 6.3(g)(i) and (ii);
(h) Eighth, an amount of such net proceeds equal to the Balance of the Special 15% Priority shall be distributed 75% to the Class B Limited Partners and 25% to the General Partner;
(i) Ninth, an amount of such proceeds equal to the 15% Preferred Return shall be distributed to the General Partner.
(j) Thereafter, any remaining net proceeds shall be distributed thre...
Distributions of Cash from Interim Capital Transactions. After providing for the satisfaction of all current debts and obligations of the Partnership, including any required payments on any loan or other financing, the General Partner shall distribute the net proceeds from an Interim Capital Transaction, to the Partners to the extent available (after estab- lishment of reasonable reserves) in the following manner and order of priority:
Distributions of Cash from Interim Capital Transactions. Distributions by the Partnership of Available Cash that constitutes Cash from Interim Capital Transactions shall be distributed, unless the provisions of Section 5.3 require otherwise, 100% to all Units, Pro Rata, until there has been distributed in respect of each class of Outstanding Units distributions of Available Cash that are deemed to be Cash from Interim Capital Transactions in an aggregate amount equal to Unrecovered Capital plus accrued arrearages, if any. All series of each class shall be on a parity with respect to distributions of Cash from Interim Capital Transactions and all such parity securities shall share pro rata with respect to distributions of Cash from Interim Capital Transactions. Thereafter, all Available Cash shall be distributed as if it were Cash from Operations and shall be distributed in accordance with Section 5.4.
Distributions of Cash from Interim Capital Transactions. Available Cash that is deemed to be Cash from Interim Capital Transactions shall be distributed, unless the provisions of Section 5.3 require otherwise, 99% to all Limited Partners, in accordance with their respective Percentage Interests, and 1.0% to the General Partner until a hypothetical holder of a Class A Common Unit acquired at the time of the Initial Offering has received with respect to each Class A Common Unit, from Partnership Inception through such date, distributions of Available Cash that are deemed to be Cash from Interim Capital Transactions in an aggregate amount per Class A Common Unit equal to the Initial Unit Price. Thereafter, all Available Cash shall be distributed as if it were Cash from Operations and shall be distributed in accordance with Section 5.4 or 5.5, whichever is applicable.
