Common use of Preferred Returns Clause in Contracts

Preferred Returns. Next, pro-rata among the Limited Partners in amounts equal to the actual distributions of Preferred Returns to such Limited Partners pursuant to Section 7.01(a) and/or Section 7.02(b) below; and

Appears in 3 contracts

Samples: Limited Partnership Agreement (Madyson Equity Group, LP), Limited Partnership Agreement (Madyson Equity Group, LP), Limited Partnership Agreement (Madyson Equity Group, LP)

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Preferred Returns. Next, pro-rata among the Limited Partners in amounts equal to the actual actual, cumulative distributions of Preferred Returns to such Limited Partners pursuant to Section 7.01(a) and/or Section 7.02(b) below, to the extent that such distributions of Preferred Returns have not previously been taken into account under this Section 6.02(c) or another section of this Agreement that would provide for a similar allocation of taxable income to match Preferred Returns; andand Remainder. Thereafter, one hundred percent (100%) to the General Partner.

Appears in 1 contract

Samples: Limited Partnership Agreement (Bridgewell Preferred Income Fund, LP)

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