Incentive Interest Percentage Distributions. Notwithstanding the preceding provisions in Section 13.4(a), in the event a ** Payout** has occurred, Available Cash 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) ** **
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 Section 13.4(a), in the event a ** Payout** has occurred, Available Cash 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) ** **
Appears in 1 contract
Samples: Limited Liability Company Agreement (Markwest Energy Partners L P)
Incentive Interest Percentage Distributions. Notwithstanding the preceding provisions in Section 13.4(a), in the event a ** *Payout** has occurred, Available Cash 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) ** **
Appears in 1 contract
Samples: Limited Liability Company Agreement (Markwest Energy Partners L P)
