Common use of Restricted Distributions Clause in Contracts

Restricted Distributions. Notwithstanding any provision to the contrary contained herein, the Partnership, and the General Partner on behalf of the Partnership, shall not make a distribution to any Partner on account of its interest in the Partnership if such distribution would violate Section 17-607 of the Act or other applicable law.

Restricted Distributions. Notwithstanding any provision to the contrary contained herein, the The Partnership, and the General Partner on behalf of the Partnership, shall not make a distribution to any Partner on account of its interest in the Partnership if such distribution would violate Section 17-607 of the Act or other applicable law. Notwithstanding Section 17-606 of the Act, no Limited Partner shall, by virtue of becoming entitled to receive a distribution, have the status of, or be entitled to the remedies available to, a creditor of the Partnership with respect to such distribution.

Restricted Distributions. Notwithstanding any provision to the contrary contained hereinin this Agreement, neither the Partnership, and Partnership nor the General Partner Partner, on behalf of the Partnership, shall not make a distribution to any Partner on account of its Partner Interest or interest in the Partnership Partner Units if such distribution would violate Section 17-607 of the Act or other applicable law.

Restricted Distributions. Notwithstanding any provision to the contrary contained hereinin this Agreement, the Partnership, and the General Partner on behalf of the Partnership, shall not make a distribution to any Partner on account of its interest in the Partnership if such distribution would violate Section 17-607 1782.87 of the Act or other applicable law.

Restricted Distributions. Notwithstanding any provision to the contrary contained hereinin this Agreement, the Partnership, and the General Partner on behalf of the Partnership, Partnership shall not make a distribution to any Partner on account of its interest in the Partnership if such distribution would violate Section 17-607 of the Act or other applicable law.