Capital Commitment Special Distribution Election Sample Clauses

Capital Commitment Special Distribution Election. (a) From time to time during the term of this Agreement, the General Partner may in its sole discretion, upon receipt of a written request from a Partner, distribute to such Partner any portion of its pro rata share of a Capital Commitment Investment (as measured by such Partner’s Capital Commitment Profit Sharing Percentage in such Capital Commitment Investment) (a “Capital Commitment Special Distribution”). Such Partner’s Capital Commitment Capital Account shall be adjusted upon distribution of such Capital Commitment Special Distribution.
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Capital Commitment Special Distribution Election. (a) From time to time during the term of this Agreement, the Delaware GP may in its sole discretion, upon receipt of a written request from a Partner, distribute to such Partner any portion of its pro rata share of a Capital Commitment Investment (as measured by such Partner’s Capital Commitment Profit Sharing Percentage in such Capital Commitment Investment) (a “Capital Commitment Special Distribution”). Such Partner’s Capital Commitment Capital Account shall be adjusted upon distribution of such Capital Commitment Special Distribution.
Capital Commitment Special Distribution Election 

Related to Capital Commitment Special Distribution Election

  • Additional Capital Contributions and Issuances of Additional Partnership Interests Except as provided in this Section 4.2 or in Section 4.3, the Partners shall have no right or obligation to make any additional Capital Contributions or loans to the Partnership. The General Partner may contribute additional capital to the Partnership, from time to time, and receive additional Partnership Interests in respect thereof, in the manner contemplated in this Section 4.2.

  • Designation, Amount and Par Value The series of preferred stock shall be designated as the Series D 5% Convertible Preferred Stock (the "Preferred Stock"), and the number of shares so designated and authorized shall be Three Thousand (3,000). Each share of Preferred Stock shall have a par value of $0.0001 per share and a stated value of $1,000 per share (the "Stated Value").

  • Final Distribution The liquidator will distribute any assets remaining after the discharge or accommodation of the Company’s debts, obligations and liabilities to the Member.

  • CAPITAL CONTRIBUTIONS AND ISSUANCE OF PARTNERSHIP INTERESTS Section 5.1 Organizational Contributions 32 Section 5.2 Contributions by the General Partner and its Affiliates 33 Section 5.3 Contributions by Initial Limited Partners 33 Section 5.4 Interest and Withdrawal 33 Section 5.5 Capital Accounts 33 Section 5.6 Issuances of Additional Partnership Interests and Derivative Instruments 36 Section 5.7 Conversion of Subordinated Units 37 Section 5.8 Limited Preemptive Right 37 Section 5.9 Splits and Combinations 38 Section 5.10 Fully Paid and Non-Assessable Nature of Limited Partner Interests 38 Section 5.11 Issuance of Common Units in Connection with Reset of Incentive Distribution Rights 38

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