Distributions Upon Dissolution. A. Upon the dissolution of the Partnership as a result of the occurrence of any of the events set forth in Section 2.4 hereof, the Managing Partner shall proceed to liquidate the Partnership, and the proceeds of liquidation (the "Proceeds of Liquidation") shall be applied and distributed in the following order of priority:
Appears in 9 contracts
Samples: Article Five (Jones Financial Cos Lp), Jones Financial Companies Lp LLP, Jones Financial Companies Lp LLP
Distributions Upon Dissolution. A. (i) Upon the dissolution of the Partnership as a result of the occurrence of any of the events set forth in Section 2.4 hereof, the Managing Partner shall proceed to liquidate the Partnership, and the proceeds of liquidation (the "“Proceeds of Liquidation"”) shall be applied and distributed in the following order of priority:
Appears in 4 contracts
Samples: Jones Financial Companies LLLP, Jones Financial Companies LLLP, Jones Financial Companies LLLP
Distributions Upon Dissolution. A. Upon the dissolution of the Partnership as a result of the occurrence of any of the events set forth in Section 2.4 hereof, the Managing Partner shall proceed to liquidate the Partnership, and the proceeds of liquidation (the "“Proceeds of Liquidation"”) shall be applied and distributed in the following order of priority:
Appears in 1 contract
Samples: Jones Financial Companies LLLP
