Common use of Distributions to Record Holders Clause in Contracts

Distributions to Record Holders. (a) Except as provided in Section 5.12(b)(i), within 45 days following the end of each Quarter, an amount equal to 100% of Available Cash with respect to such Quarter shall be distributed in accordance with this Article VI by the Partnership to the Common Unitholders as of the Record Date selected by the General Partner. For the avoidance of doubt, distributions to the holders of Series A Preferred Units shall be made pursuant to Section 5.12(b)(i) and not this Section 6.3.

Appears in 2 contracts

Samples: www.sec.gov, Kimbell Royalty Partners, LP

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Distributions to Record Holders. (a) Except as provided in Section 5.12(b)(i), within 45 days following the end of each Quarter, an amount equal to 100% of Available Cash with respect to such Quarter shall be distributed in accordance with this Article VI by the Partnership Company to the Common Unitholders as of the Record Date selected by the General PartnerManaging Member. For the avoidance of doubt, distributions to the holders of Series A Preferred Units shall not be made entitled to distributions pursuant to Section 5.12(b)(i) and not this Section 6.3.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Kimbell Royalty Partners, LP), Recapitalization Agreement (Kimbell Royalty Partners, LP)

Distributions to Record Holders. (a) Except as provided in Section 5.12(b)(i), within 45 days following the end of each Quarter, an amount equal to 100% of Available Cash with respect to such Quarter shall be distributed in accordance with this Article VI by the Partnership to the Common Unitholders as of the Record Date selected by the General Partner. For the avoidance of doubt, distributions to the holders of Series A Preferred Units shall not be made entitled to distributions pursuant to Section 5.12(b)(i) and not this Section 6.3.

Appears in 2 contracts

Samples: Recapitalization Agreement (Kimbell Royalty Partners, LP), Kimbell Royalty Partners, LP

Distributions to Record Holders. (a) Except as provided in Section ‎Section 5.12(b)(i), within 45 days following on or before the end of each Distribution Date for the applicable Quarter, an amount equal to 100% of Available Cash with respect to such Quarter shall be distributed in accordance with this Article ‎Article VI by the Partnership Company to the Common Unitholders as of the Record Date selected by the General PartnerManaging Member. For the avoidance of doubt, distributions to the holders of Series A Preferred Units shall not be made entitled to distributions pursuant to Section 5.12(b)(i) and not this Section ‎Section 6.3.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Kimbell Royalty Partners, LP)

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Distributions to Record Holders. (a) Except as provided in Section 5.12(b)(i‎Section 5.11(b)(i), within 45 days following on or before the end of each Distribution Date for the applicable Quarter, an amount equal to 100% of Available Cash with respect to such Quarter shall be distributed in accordance with this Article ‎Article VI by the Partnership to the Common Unitholders as of the Record Date selected by the General Partner. For the avoidance of doubt, distributions to the holders of Series A Preferred Units shall not be made entitled to distributions pursuant to Section 5.12(b)(i) and not this Section 6.3‎Section 6.1.

Appears in 1 contract

Samples: Kimbell Royalty Partners, LP

Distributions to Record Holders. (a) Except as provided in Subject to Section 5.12(b)(i5.8(b)(i), within 45 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 Common Unitholders Partners as of the Record Date selected by the General PartnerBoard of Directors. For the avoidance of doubt, All distributions to the holders of Series A Preferred Units shall be made pursuant to Section 5.12(b)(i) and not this Section 6.3.required to

Appears in 1 contract

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

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