Common use of Distributions to Record Holders Clause in Contracts

Distributions to Record Holders. (a) Subject to Section 5.8(b)(i), within forty-five (45) days following the end of each Quarter, an amount equal to one hundred percent (100%) of Available Cash with respect to such Quarter shall be distributed in accordance with this Article VI by the Partnership to the Partners as of the Record Date selected by the Board of Directors. All distributions required to be made under this Agreement shall be made subject to Sections 17-607 and 17-804 of the Delaware Act.

Appears in 9 contracts

Samples: Management Services Agreement, Management Services Agreement, Membership Interest Purchase Agreement (NextEra Energy Partners, LP)

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Distributions to Record Holders. (a) Subject to Section 5.8(b)(i), within forty-five (45) Within 55 days following the end of each QuarterQuarter commencing with the Quarter ending on June 30, 2015, an amount equal to one hundred percent (100%) % of Available Cash with respect to such Quarter shall be distributed in accordance with this Article VI by the Partnership to the Partners Class A Shareholders, as of the Record Date selected by the Board of DirectorsGeneral Partner, Pro Rata. All distributions required to be made under this Agreement shall be made subject to Sections 17-607 and 17-804 of the Delaware Act.

Appears in 5 contracts

Samples: Partnership Agreement (Tallgrass Energy, LP), www.sec.gov, Kelso GP VIII, LLC

Distributions to Record Holders. (a) Subject to Section 5.8(b)(i), within forty-five (45) Within 45 days following the end of each QuarterQuarter commencing with the Quarter ending on August 31, 2015, an amount equal to one hundred percent (100%) % of Available Cash with respect to such Quarter shall be distributed in accordance with this Article VI by the Partnership to the Partners as of the Record Date selected by the Board of DirectorsGeneral Partner. All distributions required to be made under this Agreement shall be made subject to Sections 17-607 and 17-804 of the Delaware ActAct and other applicable law, notwithstanding any other provision of this Agreement.

Appears in 2 contracts

Samples: Agreement, 8point3 Energy Partners LP

Distributions to Record Holders. (a) Subject to Section 5.8(b)(i), within forty-five (45) Within 45 days following the end of each QuarterQuarter commencing with the Quarter ending on September 30, 2014, an amount equal to one hundred percent (100%) % of Available Cash with respect to such Quarter shall be distributed in accordance with this Article VI by the Partnership to the Partners as of the Record Date selected by the Board of DirectorsGeneral Partner. All distributions required to be made under this Agreement shall be made subject to Sections 17-607 and 17-804 of the Delaware Act.

Appears in 2 contracts

Samples: www.lw.com, NextEra Energy Partners, LP

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Distributions to Record Holders. (a) Subject to Section 5.8(b)(i), within forty-five (45) 45 days following the end of each QuarterQuarter commencing with the Quarter ending on September 30, 2014, an amount equal to one hundred percent (100%) % of Available Cash with respect to such Quarter shall be distributed in accordance with this Article VI by the Partnership to the Partners as of the Record Date selected by the Board of DirectorsGeneral Partner. All distributions required to be made under this Agreement shall be made subject to Sections 17-607 and 17-804 of the Delaware Act.

Appears in 1 contract

Samples: Series a Preferred Unit Purchase Agreement (NextEra Energy Partners, LP)

Distributions to Record Holders. (a) Subject to Section 5.8(b)(i), within forty-five (45) Within 45 days following the end of each QuarterQuarter commencing with the Quarter ending on [ ], 2015, an amount equal to one hundred percent (100%) % of Available Cash with respect to such Quarter shall be distributed in accordance with this Article VI by the Partnership to the Partners as of the Record Date selected by the Board of DirectorsGeneral Partner. All distributions required to be made under this Agreement shall be made subject to Sections 17-607 and 17-804 of the Delaware ActAct and other applicable law, notwithstanding any other provision of this Agreement.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Sunpower Corp)

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