Common use of DISTRIBUTIONS TO GENERAL PARTNER Clause in Contracts

DISTRIBUTIONS TO GENERAL PARTNER. Distributions of Net Cash Flow for any period, if made, will be distributed first to the General Partner until the cumulative Net Cash Flow distributed to the General Partner under this Section 5.1 for the current and all past periods is equal to the cumulative Profits allocated to the General Partner for the current and all prior periods pursuant to Section 4.1(a)(2).

Appears in 11 contracts

Samples: Partnership Agreement (Synergy Brands Inc), Partnership Agreement (Miller Lloyd I Iii), Partnership Agreement (Synergy Brands Inc)

AutoNDA by SimpleDocs

DISTRIBUTIONS TO GENERAL PARTNER. Distributions of Net ----------------------------------- Cash Flow for any period, if made, will be distributed first to the General Partner until the cumulative Net Cash Flow distributed to the General Partner under this Section 5.1 for the current and all past periods is equal to the cumulative Profits allocated to the General Partner for the current and all prior periods pursuant to Section 4.1(a)(2).

Appears in 2 contracts

Samples: Partnership Agreement (Aldila Inc), Partnership Agreement (Aldila Inc)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!