Amounts and Priority of Distributions. (a) Each distribution of Investment Proceeds initially shall be tentatively apportioned among the Contributing Partners in accordance with their Percentage Interests in the Investment from which the distribution is derived. Notwithstanding the previous sentence, each Limited Partner's share of such distribution shall be divided between such Limited Partner, on the one hand, and the General Partner, on the other hand, as follows:
Amounts and Priority of Distributions. The amount available for distribution on each distribution date shall be determined by the Administrative Member in accordance with Sections 9.2 or 9.3, as applicable.
Amounts and Priority of Distributions. Unless otherwise expressly provided herein, Distributable Proceeds shall be distributed as follows:
Amounts and Priority of Distributions. Distributions shall be made as follows:
Amounts and Priority of Distributions. (a) The General Partner shall cause the Partnership to make distributions of all available Distribution Proceeds to the General Partner and to the Feeder Funds for distribution to the partners of the Feeder Funds at such times as determined by the General Partner in its sole discretion. Each Feeder Fund shall distribute to each partner of such Feeder Fund the Distribution Proceeds attributable to such partner (determined as described below and subject to any reserves). Subject to Section 6.03, Distribution Proceeds to be distributed by the Partnership will be first apportioned between the General Partner and the Feeder Funds pro rata based on their Partnership Percentages. Second, any Distribution Proceeds so apportioned to a Feeder Fund shall be further apportioned between the partners of such Feeder Fund pro rata based on their Feeder Fund Percentages. Third, any Distribution Proceeds so apportioned to each partner of such Feeder Fund (other than the General Partner) shall be further apportioned between such partner of such Feeder Fund and the General Partner in the following order of priority:
Amounts and Priority of Distributions. Distributions shall be made to the Members in proportion to their Percentage Interests.
Amounts and Priority of Distributions. (a) Prior to dissolution of the Company, the Managing Member shall, to the extent of available cash, after servicing all Company debt and provision of reasonable reserves for expenses and contingencies, distribute in cash, no later than sixty (60) days after the close of each fiscal year, to the Members the excess, if any, of (i) forty percent (40%) of an amount equal to the excess, if any, of the cumulative items of income and gain over the cumulative items of deduction, loss and credit (grossed up to a deduction equivalent at a forty percent (40%) tax rate) as shown on the federal income tax returns of the Company for all periods over (ii) the sum of amounts previously distributed pursuant to Section 4.2(a) and (b). The Managing Member shall adjust the rate of distribution provided in this Section 4.2(a) to reflect any changes made to the ordinary income and capital gains tax rates of the Code which may have the effect of requiring the Members to pay more or less taxes on ordinary income or capital gains generated by Company activities. Distributions pursuant to this Section 4.2(a) shall be made to the Members ratably in the proportions in which the net recognized income and gains (but not income and gains deemed recognized under Section 5.2(b)) for such fiscal periods have been allocated to them for federal income tax purposes pursuant to Section 5.3. For purposes of this Section 4.2(a), in the case of property contributed to the capital of the Company, items of income, gain, deduction and loss shall be computed as if the tax basis of such property were equal to its fair market value at the time of such contribution.
Amounts and Priority of Distributions. (a) Distributable Proceeds shall be distributed to the Partners pro rata in accordance with their Interests.
Amounts and Priority of Distributions. (a) Treatment of Capital Proceeds. Each distribution of Capital Proceeds with respect to a Private Equity Investment shall be made to the Partners in proportion to their respective capital contributions (as adjusted pursuant to this Agreement) through the Partnership for such Private Equity Investment.
Amounts and Priority of Distributions. Distributable Cash shall first be paid on account of and to the extent of the principal and interest on any Voluntary Loans, in repayment of the interest and principal on such Voluntary Loans, and any remaining Distributable Cash shall be distributed to the Members in accordance with the following provisions:
