Required Distributions of Amounts Not Retained Sample Clauses

Required Distributions of Amounts Not Retained. Subject to 4.5.1, the Company will distribute to the Common Unitholders net proceeds attributable to the repayment or disposition of Portfolio Investments, together with any interest, dividends, other net cash flow in respect of Portfolio Investments (or potential Portfolio Investments) or Temporary Investments (collectively, “Proceeds”) in the manner and at the times set forth below. Subject to the requirements of Section 852(a) of Subchapter M of the Code, and the terms of any indebtedness or Preferred Units, following expiration of the Closing Period, distributions of Proceeds will be made to the Common Unitholders pro rata based on the number of Common Units held by each Common Unitholder. No distributions will be made during the Closing Period, except for distributions of amounts attributable to Later-Closing Investors as described in 3.3.2.
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Required Distributions of Amounts Not Retained. Subject to 4.5.1, the Company will distribute to the Common Unitholders net proceeds attributable to the repayment or disposition of Portfolio Investments, together with any interest, dividends, other net cash flow in respect of Portfolio Investments (or potential Portfolio Investments) or Temporary Investments (collectively, “Proceeds”) in the manner and at the times set forth below. Subject to the requirements of Section 852(a) of Subchapter M of the Code, and the terms of any indebtedness or Preferred Units, distributions of Proceeds will be made to the Common Unitholders pro rata based on the number of Common Units held by each Common Unitholder.
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Required Distributions of Amounts Not Retained. The Company will distribute to the Common Unitholders net proceeds attributable to the repayment or disposition of Portfolio Investments, together with any interest, dividends, other net cash flow in respect of Portfolio Investments (or potential Portfolio Investments) or Temporary Investments (collectively, “Proceeds”) in the manner and at the times set forth below. Subject to the requirements of Section 852(a) of Subchapter M of the Code (for so long as such provisions are relevant), and the terms of any indebtedness or Preferred Units, following expiration of the Closing Period, distributions of Proceeds will be made to the Common Unitholders pro rata based on the number of Common Units held by each Common Unitholder. No distributions will be made during the Closing Period. Notwithstanding the foregoing, distributions of amounts attributable to Later-Closing Investors will be made as described in 3.3.2. Other than during the Closing Period, the Company shall distribute, promptly after receipt thereof, all Proceeds except to the extent such Proceeds are permitted to be retained as described in 4.5.1. Notwithstanding anything herein to the contrary, the Adviser will endeavor to cause the Company to effect distributions of Proceeds as necessary to comply with the requirements of Section 852(a) of the Code.
Sample 1
Required Distributions of Amounts Not Retained. The Company will distribute to the Common Unitholders net proceeds attributable to the repayment or disposition of Portfolio Investments, together with any interest, dividends, other net cash flow in respect of Portfolio Investments (or potential Portfolio Investments) or Temporary Investments (collectively, “Proceeds”) in the manner and at the times set forth below. Subject to the requirements of Section 852(a) of Subchapter M of the Code (for so long as such provisions are relevant), and the terms of any indebtedness or Preferred Units, following expiration of the Closing Period, distributions of Proceeds will be made to the Common Unitholders pro rata based on the number of Common Units held by each Common Unitholder. No distributions will be made during the Closing Period. Notwithstanding the foregoing, distributions of amounts attributable to Later-Closing Investors will be made as described in 3.3.2.
Sample 1
Required Distributions of Amounts Not Retained. The Company will distribute to the Members net proceeds attributable to the repayment or disposition of Portfolio Investments (to the extent that such net proceeds are available to the Company after the application of priority of payments set forth in Section 2.8 of the Senior Credit Agreement (the “Senior Priority of Payments”) and after taking into account reserves and working capital needs Confidential & Proprietary (“Reserves”)) (collectively, “Proceeds”) promptly after receipt thereof in the manner and at the times set forth in this Agreement except to the extent such Proceeds are permitted to be retained as described in 4.4.1.
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Required Distributions of Amounts Not Retained 
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Related to Required Distributions of Amounts Not Retained

  • Interim Distributions At such times as may be determined by it in its sole discretion, the Trustee shall distribute, or cause to be distributed, to the Beneficiaries, in proportion to the number of Trust Units held by each Beneficiary relating to the Trust, such cash or other property comprising a portion of the Trust Assets as the Trustee may in its sole discretion determine may be distributed without detriment to the conservation and protection of the Trust Assets in the Trust.

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