Common use of Rights Associated with Class B Units Clause in Contracts

Rights Associated with Class B Units. Prior to the conversion of the Class B Units as set forth in Section 4.8(f) hereof: (i) subject to the provisions of Section 5.1(d)(iii)(A) and paragraphs (ii) and (iii) below, all items of Partnership income, gain, loss, deduction and credit shall be allocated to the Class B Units to the same extent as such items would be allocated if such Class B Units were Common Units then Outstanding, and the allocations to Class B Units shall have the same order of priority relative to allocations on the Common Units; and (ii) (A) the Class B Units shall have the right to share in Partnership quarterly cash distributions based on 125% of the amount of any Partnership distribution that would be made to each Common Unit so that the amount of any Partnership distribution to each Class B Unit will equal 125% of the amount of such distribution to each Common Unit (such additional 25% pro rated for the quarter in which the GP Removal Date occurs), and the right of holders of Class B Units to receive distributions shall have the same order of priority relative to distributions on the Common Units; and,

Rights Associated with Class B Units. Prior to the conversion of all of the Class B Units as set forth in pursuant to Section 4.8(f4.10(f) hereofabove: (i) subject to the provisions of Section 5.1(d)(iii)(A) and paragraphs (ii) and (iii) below, all items of Partnership income, gain, loss, deduction and credit shall be allocated to the Class B Units to the same extent as such items would be allocated if such Class B Units were Common Units then Outstanding, and the allocations to Class B Units shall have the same order of priority relative to allocations on the Common Units; and; (ii) (A) notwithstanding anything to the contrary in Section 5.4, the Class B Units shall be deemed Units, but not Common Units, for purposes of Section 5.4 and the Class B Units shall have the right to share in Partnership quarterly cash distributions in accordance with Section 5.4 hereof based on 125115% of the amount of any Partnership distribution that would be made to each Common Unit so that the amount of any Partnership distribution to each Class B Unit will equal 125115% of the amount of such distribution to each Common Unit (such additional 2515% pro rated for the quarter in which the GP Removal Class B Distribution Increase Date occurs), provided, however, that following any distribution pursuant to Section 5.4(c) and the right of holders of Class B Units prior to receive distributions any distribution pursuant to Section 5.4(d), Available Cash shall have the same order of priority relative to distributions on the Common Units; and,be distributed as follows:

Rights Associated with Class B Units. Prior to the conversion of all of the Class B Units as set forth in pursuant to Section 4.8(f4.10(f) hereofabove: (i) subject to the provisions of Section 5.1(d)(iii)(A) and paragraphs (ii) and (iii) below, all items of Partnership income, gain, loss, deduction and credit shall be allocated to the Class B Units to the same extent as such items would be allocated if such Class B Units were Common Units then Outstanding, and the allocations to Class B Units shall have the same order of priority relative to allocations on the Common Units; and; (ii) (A) the Class B Units shall have the right to share in Partnership quarterly cash distributions based on 125115% of the amount of any Partnership distribution that would be made to each Common Unit so that the amount of any Partnership distribution to each Class B Unit will equal 125115% of the amount of such distribution to each Common Unit (such additional 2515% pro rated for the quarter in which the GP Removal Class B Distribution Increase Date occurs), and the right of holders of Class B Units to receive distributions shall have the same order of priority relative to distributions on the Common Units; and,

Rights Associated with Class B Units. Prior to the conversion of all of the Class B Units as set forth in pursuant to Section 4.8(f) hereofabove: (i) subject to the provisions of Section 5.1(d)(iii)(A) and paragraphs (ii) and (iii) below, all items of Partnership income, gain, loss, deduction and credit shall be allocated to the Class B Units to the same extent as such items would be allocated if such Class B Units were Common Units then Outstanding, and the allocations to Class B Units shall have the same order of priority relative to allocations on the Common Units; and; (ii) (A) the Class B Units shall have the right to share in Partnership quarterly cash distributions based on 125115% of the amount of any Partnership distribution that would be made to each Common Unit so that the amount of any Partnership distribution to each Class B Unit will equal 125115% of the amount of such distribution to each Common Unit (such additional 2515% pro rated for the quarter in which the GP Removal Class B Distribution Increase Date occurs), and the right of holders of Class B Units to receive distributions shall have the same order of priority relative to distributions on the Common Units; and,