Distribution Participation Date definition

Distribution Participation Date shall have the meaning set forth in the LLC Agreement and in Section 6 hereof.

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Distribution Participation Date means, with respect to LTIP Units, such date as may be specified in the Vesting Agreement or other documentation pursuant to which such LTIP Units are issued.

Distribution Participation Date for each LTIP Units will be either (i) with respect to LTIP Units granted pursuant to the General Partner’s 2005 Long-Term Outperformance Program (the “2005 Outperformance Program”), the applicable Valuation Date (as defined in the Vesting Agreement of each Person granted LTIP Units under the 2005 Outperformance Program) or (ii) with respect to other LTIP Units, such date as may be specified in the Vesting Agreement or other documentation pursuant to which such LTIP Units are issued.

Examples of Distribution Participation Date in a sentence

The “Applicable Special Series B LTIP Unit Distribution Amount” with respect to a Series B LTIP Unit equals the excess of (i) the amount of non-liquidating cash distributions per unit that were paid on the Class A Common Units on or after the Series B LTIP Unit Distribution Measurement Date with respect to such Series B LTIP Unit and prior to the Distribution Participation Date over (ii) distributions, if any, made in respect of such Series B LTIP Unit prior to the Distribution Participation Date.
For any taxable year or portion of a taxable year occurring after issuance of Series A LTIP Units and prior to the Distribution Participation Date for such Series A LTIP Units, Series A LTIP Units shall not be entitled to allocations of Net Income or Net Loss.
The “Applicable Special Series A LTIP Unit Distribution Amount” with respect to a Series A LTIP Unit equals the excess of (i) the amount of non-liquidating cash distributions per unit that were paid on the Class A Common Units on or after the Series A LTIP Unit Distribution Measurement Date with respect to such Series A LTIP Unit and prior to the Distribution Participation Date over (ii) distributions, if any, made in respect of such Series A LTIP Unit prior to the Distribution Participation Date.
For any taxable year or portion of a taxable year occurring after issuance of Series B LTIP Units and prior to the Distribution Participation Date for such Series B LTIP Units, Series B LTIP Units shall not be entitled to allocations of Net Income or Net Loss.
For clarity, before the Full Distribution Participation Date, the amount distributable with respect to the Performance LTIP Units (including the Distribution Equivalent Units) shall equal the product of the Initial Sharing Percentage (as that term is defined in the Partnership Agreement) for such Performance LTIP Units and the amount otherwise distributable with respect to such Performance LTIP Units pursuant to Section 7(a) of Exhibit C to the Partnership Agreement.

More Definitions of Distribution Participation Date

Distribution Participation Date means, with respect to LTIP Units, such date as may be specified in the Award Agreement or other documentation pursuant to which such LTIP Units are issued.

Distribution Participation Date shall have the meaning set forth in the Partnership Agreement.

Distribution Participation Date means “Distribution Participation Date” as defined in the LLC Agreement, as modified by Section 5 hereof.

Distribution Participation Date for each OPP Unit will be either (i) with respect to OPP Units granted pursuant to the General Partner’s 2006 Outperformance Plan, as it may be amended or supplemented from time to time or any successor plan under which additional OPP Units may be issued (the “Plan”), the applicable Valuation Date (as defined in the Award Agreement of each Person granted OPP Units under the Plan) or (ii) with respect to other OPP Units, such date as may be specified in the Award Agreement or other documentation pursuant to which such OPP Units are issued.

Distribution Participation Date has the meaning set forth in Section 2.A of Exhibit AH of this Agreement.

Distribution Participation Date for each Class O LTIP Unit will be such date as may be specified in the Vesting Agreement or other documentation pursuant to which such Class O LTIP Units are issued or, if no such date is specified, the date on which such Class O LTIP Unit becomes a Vested Class O LTIP Unit.

Distribution Participation Date for each LTIP Unit will be either such date as may be specified in the Vesting Agreement or other documentation pursuant to which such LTIP Units are issued, or if no Distribution Participation Date is so specified, the date on which such LTIP Unit is issued. 3.