Common use of Distributions to Series LH Partners Clause in Contracts

Distributions to Series LH Partners. (a) On the date that the Series AC Distribution, the Series EA Distribution and the Series ME Distribution is made pursuant to Section 6.2(a), Section 6.3(a) and Section 6.4(a), as applicable, the Managing General Partner of the Series LH may, in its sole discretion, cause the Partnership in respect of the Series LH to distribute Pro Rata to the Series LH Partners any cash that is not otherwise required under this Agreement to be distributed to the Partners of any other Series or properly reserved by any other Series in accordance with this Agreement (the “Series LH Distribution”). Notwithstanding any provision to the contrary contained in this Agreement, neither the Partnership nor the Series LH shall make any distribution to any Series LH Partner on account of its Series LH Partnership Interest if such distribution would violate the Delaware Act or other applicable law.

Distributions to Series LH Partners. (a) On the date that the Series AC Distribution, the Series EA Distribution, the Series ME Distribution and the Series ME L3R Distribution is made pursuant to Section 6.2(a), Section 6.3(a), Section 6.4(a) and Section 6.4(a6.5(a), as applicable, the Managing General Partner of the Series LH may, in its sole discretion, cause the Partnership in respect of the Series LH to distribute Pro Rata to the Series LH Partners any cash that is not otherwise required under this Agreement to be distributed to the Partners of any other Series or properly reserved by any other Series in accordance with this Agreement (the “Series LH Distribution”). Notwithstanding any provision to the contrary contained in this Agreement, neither the Partnership nor the Series LH shall make any distribution to any Series LH Partner on account of its Series LH Partnership Interest if such distribution would violate the Delaware Act or other applicable law.

Distributions to Series LH Partners. (a) On the date that the Series AC Distribution, the Distribution and Series EA Distribution and the Series ME Distribution is made pursuant to Section 6.2(a), Section 6.3(a) and Section 6.4(a6.3(a), as applicable, the Managing General Partner of the Series LH may, in its sole discretion, cause the Partnership in respect of the Series LH to distribute Pro Rata to the Series LH Partners any cash that is not otherwise required under this Agreement to be distributed to the Partners of any other Series or properly reserved by any other Series in accordance with this Agreement (the “Series LH Distribution”). Notwithstanding any provision to the contrary contained in this Agreement, neither the Partnership nor the Series LH shall make any distribution to any Series LH Partner on account of its Series LH Partnership Interest if such distribution would violate the Delaware Act or other applicable law.