Timing and Manner of Distributions. Distributions of cash shall be made at the times provided below: (i) Investment Proceeds available following the application of Section 3.5 shall, unless otherwise applied in accordance with Section 3.4(f) or the other provisions of this Agreement, be distributed as soon as practicable after the date such Investment Proceeds are received by the Partnership, but in no event later than thirty (30) calendar days following the end of each Fiscal Quarter in which such Investment Proceeds are received by the Partnership; and (ii) Temporary Investment Income shall, unless otherwise applied in accordance with Section 3.4(f) or the other provisions of this Agreement, be distributed at such times and intervals as the General Partner shall determine, but in no event later than thirty (30) calendar days following the end of the Fiscal Quarter in which such Temporary Investment Income is received by the Partnership. Distributions of cash to UST shall be made in United States dollars by wire transfer of immediately available funds to the account set forth under “UST Wire Instructions” on Schedule A.
Appears in 9 contracts
Samples: Limited Partnership Agreement, Limited Partnership Agreement, Limited Partnership Agreement
