Common use of Time of Distribution Clause in Contracts

Time of Distribution. Cash available for distribution shall be determined by the Managing General Partner. The Managing General Partner shall distribute, in its discretion, such cash deemed available for distribution, but such distributions shall be made not less frequently than quarterly.

Appears in 15 contracts

Samples: Limited Partnership Agreement (PDC 2002 B LTD Partnership), Limited Partnership Agreement (PDC 2002 C LTD Partnership), Limited Partnership Agreement (PDC 2003-a Lp)

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Time of Distribution. Cash available for distribution shall be determined by the Managing General Partner. The Managing General Partner shall distribute, in its discretion, such cash deemed available for distribution, but such distributions determinations shall be made not less frequently than quarterly.

Appears in 2 contracts

Samples: Limited Partnership Agreement (Reef Global Energy Ii Lp), Limited Partnership Agreement (Reef Global Energy I Lp)

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