Adjustment to Incentive Distributions Payable to General Partner. 5.4.1. The General Partner shall maintain a notional account (as adjusted pursuant to this Section 5.4, the “Incentive Distribution Account”) that will track the amount of Incentive Distributions that have been paid or are payable in respect of any period following the Closing Date by any Operating Entity to any member of the Brookfield Group with respect to the Partnership’s Invested Capital in such Operating Entity (“Underlying Incentive Distributions”).
Appears in 5 contracts
Samples: Agreement (Brookfield Renewable Partners L.P.), Agreement (Brookfield Renewable Energy Partners L.P.), Agreement (Brookfield Renewable Energy Partners L.P.)
Adjustment to Incentive Distributions Payable to General Partner. 5.4.1. The General Partner shall maintain a notional account (as adjusted pursuant to this Section 5.4, the “Incentive Distribution Account”) that will track the amount of Incentive Distributions that have been paid or are payable in respect of any period following the Closing Date by any Operating Entity or Holding Entity to any member of the Brookfield Group with respect to the Partnership’s Invested Capital in such Operating Entity or Holding Entity (“Underlying Incentive Distributions”).
Appears in 2 contracts
Samples: Agreement (Brookfield Property Partners L.P.), Limited Partnership Agreement (Brookfield Property Partners L.P.)
Adjustment to Incentive Distributions Payable to General Partner. 5.4.1. The General Partner shall maintain a notional account (as adjusted pursuant to this Section 5.4, the “Incentive Distribution Account”) that will track the amount of Incentive Distributions that have been paid or are payable in respect of any period following the Closing Date by any Operating Entity to any member of the Brookfield BAM Group with respect to the Partnership’s Invested Capital in such Operating Entity (“Underlying Incentive Distributions”).
Appears in 1 contract
Samples: Agreement (Brookfield Infrastructure Partners L.P.)
