Performance Distribution definition
Performance Distribution means each distribution made to the General Partner under this Agreement, pursuant to Section 5.1 and the portion of distributions made pursuant to Section 8.3(d)(iii) that are made in accordance with Section 5.1.
Performance Distribution has the meaning set forth in Section 5.2(b).
Performance Distribution with respect to any Series, shall have the meaning provided by Section 5.6(d) hereof.
Examples of Performance Distribution in a sentence
The General Partner may, in its sole discretion, elect to receive less than the full amount of any Performance Distribution to which it is otherwise entitled under this Agreement with respect to one or more Limited Partners.
More Definitions of Performance Distribution
Performance Distribution means the bonus, if any, payable on the earlier of the business day before the implementation of the Liquidity Event and the date of dissolution of the Partnership, as described under “Summary of Limited Partnership Agreement – Performance Distribution”;