Common use of During Subordination Period Clause in Contracts

During Subordination Period. Available Cash with respect to any Quarter within the Subordination Period that is deemed to be Operating Surplus pursuant to the provisions of Section 6.3 or 6.5 shall, subject to Section 17-607 of the Delaware Act, be distributed as follows, except as otherwise contemplated by Section 5.6 in respect of other Partnership Securities issued pursuant thereto:

Appears in 3 contracts

Samples: Limited Partnership Agreement (Quicksilver Gas Services LP), Limited Partnership Agreement (Global Partners LP), Limited Partnership Agreement (Quicksilver Gas Services LP)

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During Subordination Period. Available Cash with respect to any Quarter within the Subordination Period that is deemed to be Operating Surplus pursuant to the provisions of Section 6.3 or 6.5 shall, subject to Section 17-607 of the Delaware Act, be distributed as follows, except as otherwise contemplated required by Section 5.6 5.6(b) (in respect of other additional Partnership Securities issued pursuant thereto) or permitted by Section 6.9:

Appears in 1 contract

Samples: Agreement of Limited Partnership (Genesis Energy Lp)

During Subordination Period. Available Cash with respect to any Quarter within the Subordination Period that is deemed to be Operating Surplus pursuant to the provisions of Section 6.3 or 6.5 shall, subject to Section 17-607 of the Delaware Act, be distributed as follows, except as otherwise required by Section 5.14(b)(ii) or contemplated by Section 5.6 in respect of other Partnership Securities issued pursuant thereto:”

Appears in 1 contract

Samples: Amendment No. 5 to the Second Amended and Restated Agreement of Limited Partnership (DCP Midstream, LP)

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During Subordination Period. Available Cash with respect to any Quarter within the Subordination Period that is deemed to be Operating Surplus pursuant to the provisions of Section 6.3 or 6.5 shall, subject to Section 17-17- 607 of the Delaware Act, be distributed as follows, except as otherwise contemplated required by Section 5.6 5.6(b) in respect of other additional Partnership Securities issued pursuant thereto:

Appears in 1 contract

Samples: Limited Partnership Agreement (Enterprise Products Partners L P)

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