Incentive Interest Percentage Distributions. Notwithstanding the preceding provisions in Sections 8.1(a) and (b), any Available Cash remaining after a ** Payout** has occurred shall be distributed as follows: ** Following the ** Payout, if any, (x) first calculated in accordance with their respective Percentage Interests, then (y) adjusted by reducing NGPMR’s pro rata amount of Available Cash as determined in (x) by the ** and (z) increasing MWE Liberty’s pro rata amount of Available Cash as determined in (x) by the amount determined in (y) ** ** Exhibit E contains illustrative examples of the determination of the amounts to be distributed to NGPMR and MWE Liberty pursuant to Section** 8.2** based on hypothetical distributions of Available Cash. This Section 8.2 shall be interpreted and applied in a manner consistent with the examples set forth in Exhibit E.
Appears in 2 contracts
Samples: Limited Liability Company Agreement (Markwest Energy Partners L P), Services Agreement (Markwest Energy Partners L P)
Incentive Interest Percentage Distributions. Notwithstanding the preceding provisions in Sections 8.1(a) and (b), any Available Cash remaining after a ** Payout** has occurred shall be distributed as follows: ** Following the ** Payout, if any, (x) first calculated in accordance with their respective Percentage Interests, then (y) adjusted by reducing NGPMR’s 's pro rata amount of Available Cash as determined in (x) by the ** and (z) increasing MWE Liberty’s 's pro rata amount of Available Cash as determined in (x) by the amount determined in (y) ** ** Exhibit E contains illustrative examples of the determination of the amounts to be distributed to NGPMR and MWE Liberty pursuant to Section** 8.2** based on hypothetical distributions of Available Cash. This Section 8.2 shall be interpreted and applied in a manner consistent with the examples set forth in Exhibit E.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Markwest Energy Partners L P)
Incentive Interest Percentage Distributions. Notwithstanding the preceding provisions in Sections 8.1(a) and (b), any Available Cash remaining after a ** Payout** has occurred shall be distributed as follows: ** Following the ** Payout, if any, (x) first calculated in accordance with their respective Percentage Interests, then (y) adjusted by reducing NGPMR’s 's pro rata amount of Available Cash as determined in (x) by the ** and (z) increasing MWE Liberty’s 's pro rata amount of Available Cash as determined in (x) by the amount determined in (y) ** ** Exhibit E contains illustrative examples of the determination of the amounts to be distributed to NGPMR and MWE Liberty pursuant to Section** 8.2** based on hypothetical distributions of Available Cash. This Section 8.2 shall be interpreted and applied in a manner consistent with the examples set forth in Exhibit E.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Markwest Energy Partners L P)