Payment of Withdrawal Proceeds. Subject to Section 6.07, the Partnership shall pay withdrawal proceeds without interest and within 30 Business Days after the applicable Withdrawal Date; except that if a Limited Partner elects to withdraw 95% or more of the balance of a particular Capital Account, the Partnership shall pay the Limited Partner an amount equal to at least 95% of the estimated withdrawal proceeds (computed on the basis of unaudited data as of the Withdrawal Date) with respect to the relevant Capital Account within 30 Business Days after the Withdrawal Date. If a Limited Partner elects to withdraw 95% or more of the balance of a particular Capital Account in the aggregate during a Fiscal Year by means of more than one withdrawal, the "holdback" amount described above will be adjusted to reflect the aggregate withdrawal amounts made during such Fiscal Year. The Partnership shall pay the Limited Partner's balance (subject to audit adjustments and without interest) within 30 days after the issuance of the audit of the Partnership's books for the Fiscal Year in which such Withdrawal Date occurs. If a Limited Partner holds more than one Capital Account, the General Partner may, in its sole discretion, pay such Limited Partner more than 95% of the estimated withdrawal proceeds (computed on the basis of unaudited data as of the Withdrawal Date) attributable to the fully withdrawn Capital Account, and in the event of an audit adjustment that exceeds the amount held back (or if no amount was held back), the General Partner may debit such Limited Partner's remaining Capital Accounts with the amount of the audit adjustment to the extent the amount held back was less than the audit adjustment or no amount was held back. Withdrawal proceeds payable to a withdrawing Limited Partner will be reduced by any Incentive Allocation allocable with respect to the withdrawn capital. If a Limited Partner has more than one Capital Account, withdrawal proceeds shall be paid on a "first-in, first-out" basis.
Payment of Withdrawal Proceeds. (a) Withdrawals will be deemed effective as of the close of business on the applicable Withdrawal Date for a voluntary withdrawal, and as of the close of business on a date determined by the Managing Member for an involuntary withdrawal. Payment of withdrawal proceeds generally will be made as soon as practicable, but in any event not later than ten (10) business days after the Withdrawal Date; provided that the Managing Member may retain up to 10% of the estimated withdrawal proceeds and such proceeds shall be paid to the withdrawing Non-Managing Member, together with interest thereon (which will begin to accrue on the relevant Withdrawal Date) at a rate equal to the target overnight Federal Funds rate. The Company shall pay the balance as soon as practicable following the determination of the final month-end Net Asset Value as of the month in which the Withdrawal Date falls
Payment of Withdrawal Proceeds. Subject to the other terms of this Agreement, payment of the amount requested to be withdrawn generally shall be made within seven (7) Business Days following the Withdrawal Date to the extent reasonably practicable.
Payment of Withdrawal Proceeds. 3.6.1 Withdrawal proceeds shall generally be paid to the withdrawing Limited Partner in cash by wire transfer or such other permissible method. Withdrawal proceeds in respect of any withdrawal shall be paid within 10 Business Days following the applicable withdrawal date or as soon as practicable thereafter.
Payment of Withdrawal Proceeds. Withdrawal proceeds shall be paid in U.S. Dollars, except as set forth herein. Payment of withdrawal proceed are further subject to the following:
Payment of Withdrawal Proceeds. The Partnership normally will pay at least 90% of the withdrawal proceeds within 10 Business Days of effective date of withdrawal, and will pay the remaining amount within 10 Business Days after the distribution to the Partners of the Partnership’s annual financial reports covering the period during which the withdrawal occurred. Withdrawal proceeds generally will be paid in cash. All or part of the proceeds of any withdrawal may be paid in-kind if the General Partner determines in its sole discretion that liquidating a portion of the Partnership’s portfolio to satisfy the withdrawal would adversely affect other Limited Partners. The General Partner of the Partnership may suspend the calculation of the net asset value and suspend or limit the withdrawal of Interests in the Partnership (i) during any period when the services and markets relied upon to value the Partnership’s portfolio are closed other than for ordinary holidays and weekends, or during periods in which dealings are restricted or suspended, (ii) during the existence of any state of affairs which, in the determination of the General Partner, constitutes an emergency as a result of which disposal of a substantial amount of investments by the Partnership would not be reasonably practicable or would be seriously prejudicial to its investors, (iii) during any breakdown in the means of communication normally employed in determining the price or value of any of the Partnership’s investments, or where the current prices or values of any investments owned by the Partnership cannot reasonably be promptly and accurately ascertained, or (iv) during any period when the transfer of funds involved in the realization or acquisition of any investments cannot, in the determination of the General Partner, be effected at normal rates of exchange. In such case, the redemption will be executed as soon as reasonably practicable. All reasonable steps will be taken to bring any period of suspension to an end as soon as possible.
