Common use of Distributions to Limited Partners during Fiscal Year Clause in Contracts

Distributions to Limited Partners during Fiscal Year. First, to the Limited Partners, in proportion to their respective Distributions received pursuant to Section 6.2(a) during the Fiscal Year, until each Limited Partner has been allocated Net Income sufficient to fully offset all distributions he, she, or it received regarding such Fiscal Year;

Appears in 3 contracts

Samples: Limited Partnership Agreement (Equisource Hotel Fund I, LLP), Limited Partnership Agreement (CapSource Fund I, LP), Limited Partnership Agreement (Bridge Private Lending, LP)

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Distributions to Limited Partners during Fiscal Year. FirstSecond, to the Limited Partners, in proportion to their respective Distributions received cumulative dividends distributed pursuant to Section 6.2(a) during the Fiscal Year, until each Limited Partner has been allocated Net Income sufficient to fully offset all distributions he, she, or it received regarding such Fiscal Year;

Appears in 1 contract

Samples: Limited Partnership Agreement (Bridge Private Lending, LP)

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