Common use of Distributions Prior to Liquidation Clause in Contracts

Distributions Prior to Liquidation. Cash Available for ------------------------------------- Distribution, if any, shall be distributed at times and in amounts which the General Partner may, in its reasonable discretion, determine. Amounts not distributed in liquidation of the Partnership shall be distributed as follows: (i) First, 99 percent to the Limited Partners in proportion to and to the extent of their Unreturned Capital Balances and one percent to the General Partner until all Unreturned Capital Balances have been reduced to zero; (ii) Then, 84 percent to Limited Partner A, 15 percent to Limited Partner B and 1 percent to the General Partner. Notwithstanding the foregoing, the General Partner may in its sole and absolute discretion and at any time make a distribution to the Limited Partners in proportion to their respective Unreturned Capital Account balances.

Distributions Prior to Liquidation. Cash Available for ------------------------------------- Distribution, if any, shall be distributed at times and in amounts which the General Partner may, in its reasonable discretion, determine. Amounts not distributed in liquidation of the Partnership shall be distributed as follows: (i) First, 99 percent to the Limited Partners in proportion to and to the extent of their Unreturned Capital Balances and one percent to the General Partner until all Unreturned Capital Balances have been reduced to zero; (ii) Then, 84 90 percent to the Limited Partner A, 15 percent Partners in proportion to Limited Partner B their Percentage Interests and 1 10 percent to the General Partner. Notwithstanding the foregoing, the General Partner may in its sole and absolute discretion and at any time make a distribution to the Limited Partners in proportion to their respective Unreturned Capital Account balances.

Distributions Prior to Liquidation. Cash Available for ------------------------------------- Distribution, if any, shall be distributed at times and in amounts which the General Partner may, in its reasonable discretion, determine. Amounts not distributed in liquidation of the Partnership shall be distributed as follows: (i) First, 99 percent to the Limited Partners in proportion to and to the extent of their Unreturned Capital Balances and one percent to the General Partner until all Unreturned Capital Balances have been reduced to zero; (ii) Then, 84 80 percent to the Limited Partner A, 15 percent Partners in proportion to Limited Partner B their Percentage Interests and 1 20 percent to the General Partner. Notwithstanding the foregoing, the General Partner may in its sole and absolute discretion and at any time make a distribution to the Limited Partners in proportion to their respective Unreturned Capital Account balances.