Common use of Distributions of Income Clause in Contracts

Distributions of Income. (a) The General Partner shall cause the Partnership to distribute income to the Partners at such times as the General Partner determines. Distributions of income shall be allocated among the Partners in accordance with their respective Percentage Interests. (b) Any cash realized by the Partnership from the sale of Partnership Assets shall be distributed at such times and in such amounts as the General Partner determines. Such distributions shall be allocated among the Partners in accordance with their respective Percentage Interests. (c) Notwithstanding anything else in this Section 9.1, to the extent that Section 7.1(c) overrides the allocation of income under the preceding provisions of Section 7.1, an adjustment to distributions under this Section 9.1 shall be made in accordance with the principles of Section 7.1(c). [WP: JGC/ACT, L.P. L. PARTNERSHIP] 1-DEC-91

Distributions of Income. (a) The General Partner shall cause the Partnership to distribute income to the Partners at such times as the General Partner determines. Distributions of income shall be allocated among the Partners in accordance with their respective Percentage Interests. (b) Any cash realized by the Partnership from the sale of Partnership Assets shall be distributed at such times and in such amounts as the General Partner determines. Such distributions shall be allocated among the Partners in accordance with their respective Percentage Interests. (c) Notwithstanding anything else in this Section 9.1, to the extent that Section 7.1(c) overrides the allocation of income under the preceding provisions of Section 7.1, an adjustment to distributions under this Section 9.1 shall be made in accordance with the principles of Section 7.1(c). [WP: JGC/ACT, L.P. L. PARTNERSHIP] 1-DEC-91.

Distributions of Income. (a) The General Partner shall cause the Partnership to distribute income to the Partners at such times as the General Partner determines. Distributions of income shall be allocated among the Partners in accordance with their respective Percentage Interests. (b) Any cash realized by the Partnership from the sale of Partnership Assets shall be distributed at such times and in such amounts as the General Partner determines. Such distributions shall be allocated among the Partners in accordance with their respective Percentage Interests. (c) Notwithstanding Not withstanding anything else in this Section 9.1, to the extent that Section 7.1(c) overrides the allocation of income under the preceding provisions of Section 7.1, an adjustment to distributions under this Section 9.1 shall be made in accordance with the principles of Section 7.1(c). [WP: JGC/ACT, L.P. L. PARTNERSHIP] 1-DEC-91.

Distributions of Income. (a) The General Partner shall cause the Partnership to distribute income to the Partners at such times as the General Partner determines. Distributions of income shall be allocated among the Partners in accordance with their respective Percentage Interests. (b) Any cash realized by the Partnership from the sale of Partnership Assets shall be distributed at such times and in such amounts as the General Partner determines. Such distributions shall be allocated among the Partners in accordance with their respective Percentage Interests. (c) Notwithstanding anything else in this Section 9.1, to the extent that Section 7.1(c) overrides the allocation of income under the preceding provisions of Section 7.1, an adjustment to distributions under this Section 9.1 shall be made in accordance with the principles of Section 7.1(c). [WP: JGC/ACT, L.P. L. PARTNERSHIP] 1-DEC-91m:\wp\rhgcntrc\actech]