Principles of Distributions Attributable to Invested Capital. Except as otherwise provided in this Agreement, all Proceeds received by the Partnership other than Proceeds referred to in Section 6.02, shall be distributed as follows: Proceeds that are cash or readily-marketable securities received from the Funds shall be distributed or paid promptly after the receipt thereof, and in the case of other types of Proceeds at such time as the General Partner shall determine in its discretion. With respect to any Proceeds referred to in this paragraph, the General Partner shall, at the time of distribution, determine each Contributing Partner's Investment Percentage of such Proceeds and make distributions of such amounts to the Contributing Partners.
Appears in 2 contracts
Samples: Limited Partnership Agreement, Limited Partnership Agreement (Greenhill & Co Inc)
Principles of Distributions Attributable to Invested Capital. Except as otherwise provided in this Agreement, all Proceeds received by the Partnership other than Partnership, including Proceeds in respect of the Partnership's capital contributions as general partner of the Funds, but excluding Proceeds referred to in Section 6.02, shall be distributed as follows: Proceeds that are cash or readily-marketable securities received from the Funds shall be distributed or paid promptly after the receipt thereof, and in the case of other types of Proceeds at such time as the General Partner shall determine in its discretion. With respect to any Proceeds referred to in this paragraph, the General Partner shall, at the time of distribution, determine each Contributing Partner's Investment Percentage of such Proceeds and make distributions of such amounts to the Contributing Partners.
Appears in 2 contracts
Samples: Limited Partnership Agreement (Greenhill & Co Inc), Limited Partnership Agreement (Greenhill & Co Inc)
Principles of Distributions Attributable to Invested Capital. Except as otherwise provided in this Agreement, all Proceeds received by the Partnership other than Proceeds referred to in Section 6.02, shall be distributed as follows: Proceeds that are cash or readily-marketable securities received from the Funds shall be distributed or paid promptly after the receipt thereof, and in the case of other types of Proceeds at such time as the General Partner shall determine in its discretion. With respect to any Proceeds referred to in this paragraph, the General Partner shall, at the time of distribution, determine each Contributing Partner's ’s Investment Percentage of such Proceeds and make distributions of such amounts to the Contributing Partners.
Appears in 1 contract
Samples: Amended and Restated Agreement of Limited Partnership (Greenhill & Co Inc)