Common use of Limitation on Distributions Clause in Contracts

Limitation on Distributions. Notwithstanding any provision to the contrary contained in this Agreement, the Partnership and the General Partner, on behalf of the Partnership, shall not be required to make a distribution to a Partner on account of its interest in the Partnership if such distribution would violate the Act or any other applicable law.

Appears in 27 contracts

Samples: Partnership Agreement, Partnership Agreement, Parent Agreement

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Limitation on Distributions. Notwithstanding any provision to the contrary contained in this Agreement, the Partnership Partnership, and the General Partner, Partner on behalf of the Partnership, shall not be required to make a distribution to a any Partner on account of its his interest in the Partnership if such distribution would violate the Act Partnership Law or any other applicable law.

Appears in 11 contracts

Samples: Exempted Limited Partnership Agreement (Apollo Global Management, Inc.), Exempted Limited Partnership Agreement (Apollo Global Management, Inc.), Exempted Limited Partnership Agreement (Apollo Global Management, Inc.)

Limitation on Distributions. Notwithstanding any provision to the contrary contained in this Agreement, the Partnership Partnership, and the General Partner, Partner on behalf of the Partnership, shall not be required to make a distribution to a any Partner on account of its his interest in the Partnership if such distribution would violate the Act or any other applicable law.

Appears in 6 contracts

Samples: Limited Partnership Agreement (Apollo Global Management, Inc.), Limited Partnership Agreement (Apollo Global Management LLC), Agreement of Exempted Limited Partnership (Apollo Global Management, Inc.)

Limitation on Distributions. Notwithstanding any provision to the contrary contained in this Agreement, the Partnership Partnership, and the General Partner, Partner on behalf of the Partnership, shall not be required to make a distribution to a any Partner on account of its such Partner’s interest in the Partnership if such distribution would violate the Act or any other applicable law.

Appears in 6 contracts

Samples: Limited Partnership Agreement (Apollo Global Management LLC), Limited Partnership Agreement (Apollo Global Management LLC), Limited Partnership Agreement (Apollo Global Management LLC)

Limitation on Distributions. Notwithstanding any provision to the contrary contained in this Agreement, the Partnership Partnership, and the General Partner, Partner on behalf of the Partnership, shall not be required to make a distribution to a any Partner on account of its his interest in the Partnership if such distribution would violate the Partnership Act or any other applicable law.

Appears in 4 contracts

Samples: Exempted Limited Partnership Agreement (Apollo Global Management, Inc.), Exempted Limited Partnership Agreement (Apollo Global Management, Inc.), Exempted Limited Partnership Agreement (Apollo Global Management, Inc.)

Limitation on Distributions. Notwithstanding any provision to the contrary contained in this Agreement, the Partnership and the General Partner, on behalf of the Partnership, Partner shall not be required to make a Partnership distribution to a any Partner on account of its interest in the Partnership if such distribution would violate Section 6.07 of the Act or any other applicable lawLaw.

Appears in 4 contracts

Samples: Limited Partnership Agreement (HFF, Inc.), Limited Partnership Agreement (HFF, Inc.), Texas Limited Partnership Agreement (HFF, Inc.)

Limitation on Distributions. Notwithstanding any provision anything to the contrary contained in this Agreement, the Partnership Partnership, and the General Partner, Partner on behalf of the Partnership, shall not be required to make a distribution to a any Partner on account of its interest in the Partnership if such distribution would violate the Act or any other applicable law.

Appears in 4 contracts

Samples: Limited Partnership Agreement (Bumble Bee Capital Corp.), Limited Partnership Agreement (Bumble Bee Capital Corp.), Limited Partnership Agreement (Bumble Bee Capital Corp.)

Limitation on Distributions. Notwithstanding any provision to the contrary contained in this Agreement, the Partnership and the General Partner, on behalf of the Partnership, shall not be required to make a distribution to a Partner on account of its interest in the Partnership if such distribution would violate Section 15-309 of the Act or any other applicable law.

Appears in 4 contracts

Samples: Partnership Agreement, Partnership Agreement (Dividend Capital Total Realty Trust Inc.), Partnership Agreement (Dividend Capital Total Realty Trust Inc.)

Limitation on Distributions. Notwithstanding any provision to the contrary contained in this Agreement, the Partnership Partnership, and the General Partner, Partner on behalf of the Partnership, shall not be required to make a distribution to a any Partner on account of its such Partner’s interest in the Partnership if such distribution would violate the Act or any other applicable law.. ARTICLE 5

Appears in 3 contracts

Samples: Limited Partnership Agreement, Limited Partnership Agreement (Apollo Global Management LLC), Limited Partnership Agreement (Apollo Global Management LLC)

Limitation on Distributions. Notwithstanding any provision to the contrary contained in this Agreement, the Partnership Partnership, and the General Partner, Partner on behalf of the Partnership, shall not be required to make a distribution to a any Partner on account of its his interest in the Partnership if such distribution would violate the Delaware Act or any other applicable law.

Appears in 2 contracts

Samples: Agreement of Limited Partnership (Apollo Global Management LLC), Agreement of Limited Partnership (Apollo Global Management LLC)

Limitation on Distributions. Notwithstanding any provision of this Agreement to the contrary contained in this Agreementcontrary, the Partnership and the General Partner, on behalf of the Partnership, shall not be required to make a distribution to a any Partner on account of its interest in to the Partnership if extent such distribution would violate the Act or other Law or would result in the Partnership or any other applicable lawof its Subsidiaries being in default under any material agreement.

Appears in 2 contracts

Samples: Limited Partnership Agreement (Excelerate Energy, Inc.), Limited Partnership Agreement (Excelerate Energy, Inc.)

Limitation on Distributions. Notwithstanding any provision to the contrary contained in this Agreement, the Partnership Partnership, and the General Partner, Partner on behalf of the Partnership, shall not be required to make a distribution to a any Partner on account of its his interest in the Partnership if such distribution would violate the Act or any other applicable law.. ARTICLE 5

Appears in 2 contracts

Samples: Limited Partnership Agreement (Apollo Global Management LLC), Limited Partnership Agreement (Apollo Global Management LLC)

Limitation on Distributions. Notwithstanding any provision anything to the contrary contained in this Agreementherein, the Partnership and the General Partner, Partner on behalf of the Partnership, shall not be required to make a distribution to a any Partner on account of its interest in the Partnership Interest if such distribution would violate the Act or any other applicable law.

Appears in 2 contracts

Samples: Limited Partnership Agreement (Brookfield Retail Holdings LLC), Limited Partnership Agreement (Brookfield Retail Holdings LLC)

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Limitation on Distributions. Notwithstanding any provision to the contrary contained in this Agreement, the Partnership Partnership, and the General Partner, Partner on behalf of the Partnership, shall not be required to make a distribution to a any Partner on account of its his interest in the Partnership if such distribution would violate the Act Law or any other applicable law.

Appears in 2 contracts

Samples: Exempted Limited Partnership Agreement (Apollo Global Management, Inc.), Exempted Limited Partnership Agreement (Apollo Global Management, Inc.)

Limitation on Distributions. Notwithstanding any provision to the contrary contained in this Agreement, the Partnership and the General Partner, on behalf of the Partnership, shall not be required to make a distribution or any other payment to a Partner or Assignee on account of its interest in the Partnership if such distribution would violate the Act or any other applicable law.

Appears in 1 contract

Samples: Agreement of Limited Partnership (Life Storage Lp)

Limitation on Distributions. Notwithstanding any provision anything to the contrary contained in this Agreementherein, the Partnership Partnership, and the General Partner, Partner on behalf of the Partnership, shall not be required to make a distribution to a any Partner on account of its interest in the Partnership Interest if such distribution would violate the Act or any other applicable law.

Appears in 1 contract

Samples: Limited Partnership Agreement (Homer City Generation, L.P.)

Limitation on Distributions. Notwithstanding any provision anything to the contrary contained in this Agreement, the Partnership Partnership, and the General Partner, Partner on behalf of the Partnership, shall will not be required to make a distribution to a any Partner on account of its interest in the Partnership if such distribution would violate any provision of the Act or any other applicable law.

Appears in 1 contract

Samples: Limited Partnership Agreement

Limitation on Distributions. Notwithstanding any provision anything to the contrary contained in this Agreement, the Partnership Partnership, and the General Partner, Partner on behalf of the Partnership, shall not be required to make a distribution to a any Partner on account of its interest in the Partnership if such distribution would violate the Act or any other applicable law; provided, however, that any amounts not paid as a result thereof shall continue to accumulate as Cumulative Unpaid Class A Preferred Return Amount or Cumulative Unpaid Common Distribution Amount, as applicable.

Appears in 1 contract

Samples: Agreement of Limited Partnership (Macerich Co)

Limitation on Distributions. Notwithstanding any provision to the contrary contained in this Agreement, the Partnership and the General Partner, on behalf of the Partnership, shall not be required to make a distribution to a Partner on account of its interest in the Partnership if such distribution would violate the Act or any other applicable law.. Table of Contents

Appears in 1 contract

Samples: Limited Partnership Agreement (Espeed Inc)

Limitation on Distributions. Notwithstanding any provision to the contrary contained in this Agreement, the Partnership and the General Partner, on behalf of the Partnership, shall not be required to make a distribution to a any Partner on account of its interest in the Partnership if such distribution would violate Section 17-607 or 17-804 of the Act or any other applicable lawLegal Requirement.

Appears in 1 contract

Samples: Limited Partnership Agreement (Entergy Corp /De/)

Limitation on Distributions. Notwithstanding any provision to the contrary contained in this Agreement, the Partnership Partnership, and the General Partner, Partner on behalf of the Partnership, shall not be required to make a distribution to a any Partner on account of its interest in the Partnership if such distribution would violate not be permitted under the Act [] Law or any other applicable law.

Appears in 1 contract

Samples: Amended and Restated Agreement of Exempted Limited Partnership (Ares Management Lp)

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