Common use of Intangible Asset Gain Clause in Contracts

Intangible Asset Gain. Intangible Asset Gain shall be allocated to each Class C holder, pro rata in accordance with their ownership of Class C Units, in an amount equal to the excess of (i) the amount distributable to such holder pursuant to Section 9.03(c)(ii) (without regard to the proviso at the end of Section 9.03(c)(ii)) over (ii) amounts previously allocated pursuant to this Section 5.05(g).

Appears in 2 contracts

Samples: Limited Partnership Agreement (Evercore Partners Inc.), Limited Partnership Agreement (Evercore Partners Inc.)

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Intangible Asset Gain. Intangible Asset Gain shall be allocated to each Class C I-P Unit holder, pro rata in accordance with their ownership of Class C I-P Units, in an amount equal to the excess of (i) the amount distributable to such a holder of Class I Units pursuant to Section 9.03(c)(ii9.03(a)(iii) (without regard to the proviso at the end of Section 9.03(c)(ii9.03(a)(iii)) over (ii) amounts previously allocated pursuant to this Section 5.05(g5.05(i).

Appears in 2 contracts

Samples: Limited Partnership Agreement (Evercore Partners Inc.), Limited Partnership Agreement (Evercore Partners Inc.)

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Intangible Asset Gain. Except as provided in (ii) below, Intangible Asset Gain shall be allocated to each Class C I-P Unit holder, pro rata in accordance with their ownership of Class C I-P Units, in an amount equal to the excess of (i) the amount distributable to such a holder of Class I Units pursuant to Section 9.03(c)(ii9.03(a)(iv) (without regard to the proviso at the end of Section 9.03(c)(ii9.03(a)(iv)) over (ii) amounts previously allocated pursuant to this Section 5.05(g5.05(i)(i).

Appears in 1 contract

Samples: Limited Partnership Agreement (Evercore Inc.)

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