Common use of Principles of Distributions Attributable to Carried Interest Clause in Contracts

Principles of Distributions Attributable to Carried Interest. (a) Except as otherwise provided in this Agreement, Proceeds from any Fund Investment representing Carried Interest from any Fund Investment shall be distributed at such time as the General Partner shall determine in its discretion. With respect to the distribution of any Proceeds representing any Carried Interest ("CARRIED INTEREST DISTRIBUTIONS"), at least 40% of a Carry Participating Partner's (other than a Partially Reduced Partner's) Participation Percentage of such Proceeds shall be distributed to such Carry Participating Partner and up to 60% of such Carry Participating Partner's Participation Percentage of such Proceeds shall be retained by the Partnership in a segregated account (the "SEGREGATED ACCOUNT") established for such Carry Participating Partner pursuant to Section 6.07, in each case as the General Partner determines in its discretion.

Principles of Distributions Attributable to Carried Interest. (a) Except as otherwise provided in this Agreement, Proceeds from any Fund Investment representing Carried Interest from any Fund Investment shall be distributed at such time as the General Partner shall determine in its discretion. With respect to the distribution of any Proceeds representing any Carried Interest Share ("CARRIED INTEREST DISTRIBUTIONS"), at least 40% of a Carry Participating Partner's (other than a Partially Reduced Partner's) Participation Percentage of such Proceeds shall be distributed to such Carry Participating Partner and up to 60% of such Carry Participating Partner's Participation Percentage of such Proceeds shall be retained by the Partnership in a segregated account (the "SEGREGATED ACCOUNT") established for such Carry Participating Partner pursuant to Section 6.07, in each case as the General Partner determines in its discretion.

Principles of Distributions Attributable to Carried Interest. (a) Except as otherwise provided in this Agreement, Proceeds from any Fund Investment representing Carried Interest from any Fund Investment shall be distributed at such time as the General Partner shall determine in its discretion. With respect to the distribution of any Proceeds representing any Carried Interest ("CARRIED INTEREST DISTRIBUTIONS"“Carried Interest distributions”), at least 40% of a Carry Participating Partner's ’s (other than a Partially Reduced Partner's’s) Participation Percentage of such Proceeds shall be distributed to such Carry Participating Partner and up to 60% of such Carry Participating Partner's ’s Participation Percentage of such Proceeds shall be retained by the Partnership in a segregated account (the "SEGREGATED ACCOUNT"“Segregated Account”) established for such Carry Participating Partner pursuant to Section 6.07, in each case as the General Partner determines in its discretion.

Principles of Distributions Attributable to Carried Interest. (a) Except as otherwise provided in this Agreement, Proceeds from any Fund Investment representing Carried Interest from any Fund Investment shall be distributed at such time as the General Partner shall determine in its discretion. With respect to the distribution of any Proceeds representing any Carried Interest Share ("CARRIED INTEREST DISTRIBUTIONSCarried Interest distributions"), at least 40% of a Carry Participating Partner's (other than a Partially Reduced Partner's) Participation Percentage of such Proceeds shall be distributed to such Carry Participating Partner and up to 60% of such Carry Participating Partner's Participation Percentage of such Proceeds shall be retained by the Partnership in a segregated account (the "SEGREGATED ACCOUNTSegregated Account") established for such Carry Participating Partner pursuant to Section 6.07, in each case as the General Partner determines in its discretion.