Common use of Grant of Operating Group D Units Clause in Contracts

Grant of Operating Group D Units. The Limited Partner may conditionally receive 25% of any Variable Distribution to which she may be entitled in respect of any applicable Fiscal Year in the form of a Variable Class D Unit Distribution on the 4Q Distribution Date relating to such Fiscal Year (a “Unit Grant Date”) in the form of Operating Group D Units as follows: (i) the Partnership may conditionally grant to the Limited Partner a number of New ‎Class D Units equal to the Class D Unit Equivalent Amount in accordance with Section 4(b) below, and (ii) the other two Operating Partnerships may conditionally grant to the Limited Partner a number of OZM & OZAII ‎PSI Class D Units equal to the Class D Unit Equivalent Amount pursuant to the OZM & OZAII Partner Agreements.

Grant of Operating Group D Units. The Limited Partner may conditionally receive 25% the Unit Percentage of any Variable Distribution to which she he may be entitled in respect of any applicable Fiscal Year in the form of a Variable Class D Unit Distribution on the 4Q Distribution Date relating to such Fiscal Year (a “Unit Grant Date”) in the form of Operating Group D Units as follows: (i) the Partnership may conditionally grant to the Limited Partner a number of New ‎Class Class D Units equal to the Class D Unit Equivalent Amount in accordance with Section 4(b) below, and (ii) the other two Operating Partnerships may conditionally grant to the Limited Partner a number of OZM & OZAII ‎PSI XXX Class D Units equal to the Class D Unit Equivalent Amount pursuant to the OZM & OZAII XXX Partner Agreements.

Grant of Operating Group D Units. The Limited Partner may conditionally receive 25% the Unit Percentage of any Variable Distribution to which she he may be entitled in respect of any applicable Fiscal Year in the form of a Variable Class D Unit Distribution on the 4Q Distribution Date relating to such Fiscal Year (a “Unit Grant Date”) in the form of Operating Group D Units as follows: (i) the Partnership may conditionally grant to the Limited Partner a number of New ‎Class Class D Units equal to the Class D Unit Equivalent Amount in accordance with Section 4(b) below, and (ii) the other two Operating Partnerships may conditionally grant to the Limited Partner a number of OZM OXX & OZAII ‎PSI Class D Units equal to the Class D Unit Equivalent Amount pursuant to the OZM OXX & OZAII Partner Agreements.

Grant of Operating Group D Units. The Limited Partner may conditionally receive 25% of any Variable Distribution to which she may be entitled in respect of any applicable Fiscal Year in the form of a Variable Class D Unit Distribution on the 4Q Distribution Date relating to such Fiscal Year (a “Unit Grant Date”) in the form of Operating Group D Units as follows: (i) the Partnership may conditionally grant to the Limited Partner a number of New ‎Class D Units equal to the Class D Unit Equivalent Amount in accordance with Section 4(b) below, and (ii) the other two Operating Partnerships may conditionally grant to the Limited Partner a number of OZM XXX & OZAII ‎PSI Class D Units equal to the Class D Unit Equivalent Amount pursuant to the OZM XXX & OZAII Partner Agreements.

Grant of Operating Group D Units. The Limited Partner may conditionally receive 25% the Unit Percentage of any Variable Distribution to which she he may be entitled in respect of any applicable Fiscal Year in the form of a Variable Class D Unit Distribution on the 4Q Distribution Date relating to such Fiscal Year (a “Unit Grant Date”) in the form of Operating Group D Units as follows: (i) the Partnership may conditionally grant to the Limited Partner a number of New ‎Class Class D Units equal to the Class D Unit Equivalent Amount in accordance with Section 4(b) below, and (ii) the other two Operating Partnerships may conditionally grant to the Limited Partner a number of OZM & OZAII ‎PSI Class D Units equal to the Class D Unit Equivalent Amount pursuant to the OZM & OZAII Partner Agreements.

Grant of Operating Group D Units. The Limited Partner may conditionally receive 25% of any Variable Distribution to which she may be entitled in respect of any applicable Fiscal Year in the form of a Variable Class D Unit Distribution on the 4Q Distribution Date relating to such Fiscal Year (a “Unit Grant Date”) in the form of Operating Group D Units as follows: (i) the Partnership may conditionally grant to the Limited Partner a number of New ‎Class D Units equal to the Class D Unit Equivalent Amount in accordance with Section 4(b) below, and (ii) the other two Operating Partnerships may conditionally grant to the Limited Partner a number of OZM & OZAII XXX ‎PSI Class D Units equal to the Class D Unit Equivalent Amount pursuant to the OZM & OZAII XXX Partner Agreements.