Common use of Distributions of Extraordinary Cash Flow Clause in Contracts

Distributions of Extraordinary Cash Flow. At the determination of the General Partner, but no less frequently than annually, the General Partner shall distribute Extraordinary Cash Flow, if any, to the Partners in proportion to their respective Profits Interests.

Appears in 5 contracts

Samples: Limited Partnership Agreement (Brandywine Operating Partnership Lp /Pa), Limited Partnership Agreement (Brandywine Operating Partnership Lp /Pa), Limited Partnership Agreement (Brandywine Operating Partnership Lp /Pa)

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Distributions of Extraordinary Cash Flow. At the determination of the General Partner, but no less frequently than annually, the General Partner shall distribute Extraordinary Cash Flow, if any, to the Partners in the following order of priority: (i) First, to the Partners in proportion to, and up to, the amounts of their respective Unreturned Capital Contributions; and (ii) Any remaining amounts, to the Partners in proportion to their respective Profits Interests.

Appears in 3 contracts

Samples: Limited Partnership Agreement (Brandywine Operating Partnership Lp /Pa), Limited Partnership Agreement (Brandywine Operating Partnership Lp /Pa), Limited Partnership Agreement (Brandywine Operating Partnership Lp /Pa)

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