Common use of Persons Entitled to Distributions Clause in Contracts

Persons Entitled to Distributions. All distributions of Available Cash to Partners for a fiscal quarter pursuant to Section 4.1 shall be made to the Partners shown on the records of the Partnership to be entitled thereto as of the last day of such quarter unless the transferor and transferee of any Partnership Interest otherwise agree in writing to a different distribution and such distribution is consented to in writing by the General Partner.

Appears in 4 contracts

Samples: Limited Partnership Agreement, Limited Partnership Agreement (Natural Resource Partners Lp), Limited Partnership Agreement (Natural Resource Partners Lp)

AutoNDA by SimpleDocs

Persons Entitled to Distributions. All distributions of Available Cash to Partners for a fiscal quarter pursuant to Section 4.1 shall be made to the Partners shown on the records of the Partnership to be entitled thereto as of the last day of such quarter quarter, unless the transferor and transferee of any Partnership Interest otherwise agree in writing to a different distribution and such distribution is consented to in writing by the General Partner. For the avoidance of doubt, no distribution shall be paid with respect to any outstanding Class B Unit that is not either an Earned Unit or a Vested Unit.

Appears in 4 contracts

Samples: Limited Partnership Agreement (Plains All American Pipeline Lp), Limited Partnership Agreement (Plains All American Pipeline Lp), Limited Partnership Agreement (Plains All American Pipeline Lp)

Persons Entitled to Distributions. All distributions of Available Cash and IDR Available Cash to Partners for a fiscal quarter pursuant to Section 4.1 shall be made to the Partners shown on the records of the Partnership to be entitled thereto as of the last day of such quarter unless the transferor and transferee of any Partnership Interest otherwise agree in writing to a different distribution and such distribution is consented to in writing by the General Partner.

Appears in 3 contracts

Samples: Limited Partnership Agreement (Natural Resource Partners Lp), Limited Partnership Agreement (Natural Resource Partners Lp), Contribution Agreement (Natural Resource Partners Lp)

Persons Entitled to Distributions. All Except as provided below, all distributions of Available Cash to Partners for a fiscal quarter pursuant to Section 4.1 shall be made to the Partners shown on the records of the Partnership to be entitled thereto as of the last day Record Date with respect to such quarter. For the avoidance of such quarter unless the transferor and transferee of doubt, no distribution shall be paid with respect to any Partnership Interest otherwise agree in writing to outstanding Class B Unit that is not either an Earned Unit or a different distribution and such distribution is consented to in writing by the General PartnerVested Unit.

Appears in 3 contracts

Samples: Limited Partnership Agreement, Limited Partnership Agreement (Plains Gp Holdings Lp), Simplification Agreement (Plains All American Pipeline Lp)

Persons Entitled to Distributions. All distributions of Available Cash to Partners for a fiscal quarter pursuant to Section 4.1 shall be made to the Partners shown on the records of the Partnership to be entitled thereto as of the last day of such quarter quarter, unless the transferor and transferee of any Partnership Interest otherwise agree in writing to a different distribution and such distribution is consented to in writing by the General Partner.

Appears in 2 contracts

Samples: Limited Partnership Agreement (Plains All American Pipeline Lp), Limited Partnership Agreement (Plains Resources Inc)

AutoNDA by SimpleDocs

Persons Entitled to Distributions. All distributions of Available Cash to Partners for a fiscal quarter pursuant to Section 4.1 4 1 shall be made to the Partners shown on the records of the Partnership to be entitled thereto as of the last day of such quarter unless the transferor and transferee of any Partnership Interest otherwise agree in writing to a different distribution and such distribution is consented to in writing by the General Partner.

Appears in 1 contract

Samples: Limited Partnership Agreement (Acin LLC)

Persons Entitled to Distributions. All distributions of Available Cash to Partners for a fiscal quarter pursuant to Section 4.1 shall be made to the Partners shown on the records of ----------- the Partnership to be entitled thereto as of the last day of such quarter quarter, unless the transferor and transferee of any Partnership Interest otherwise agree in writing to a different distribution and such distribution is consented to in writing by the General Partner.

Appears in 1 contract

Samples: Limited Partnership Agreement (Plains All American Pipeline Lp)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!