Amounts Reserved Sample Clauses

Amounts Reserved. (a) If there is any pending transaction or claim by or against the Partnership as to which the interest or obligation of the Partnership therein cannot, in the judgment of a Managing Partner (or the Liquidating Agent), be then ascertained, then, notwithstanding any other provision of this Agreement to the contrary, (i) if such transaction or claim shall constitute an asset or potential asset of the Partnership, the value or potential value thereof as specified by a Managing Partner with the written consent of three members of the Committee, shall be added to the valuation of the assets of the Partnership for purposes of computing the distributions to be made pursuant to Section 5.1 and/or Section 5.4 hereof, or (ii) if such transaction or claim shall constitute a liability or potential liability of the Partnership, then an amount specified by a Managing Partner acting with the written consent of three members of the Committee as a reserve for any loss or probable loss therefrom shall be deducted from the valuation of assets of the Partnership for purposes of computing the distributions to be made pursuant to Section 5.1 and/or Section 5.4 hereof, whether or not such reserve is required to be established therefor for financial accounting purposes.
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Amounts Reserved. (a) If there are any Investments which, in the judgment of the General Partner, cannot be sold, or properly distributed in kind in the case of dissolution, without sacrificing a significant portion of the value thereof or without violating the terms of any agreement to which the Partnership is a party with respect to such Investment, the value of a Partner's interest in each such Investment may be excluded from the amount distributed to such Partner pursuant to SectionE8.01(c)(v). Any Partner's interest, including his pro rata interest in any gains, losses or distributions, in Investments so excluded shall not be paid or distributed until such time as the General Partner (or any other appropriate party selected pursuant to Section 8.01(b)) shall determine. Such assets may be placed in a trust by the General Partner or held by the Partnership (the term of which may be extended for the sole purpose of holding Investments pending economically reasonable disposition or distribution) until they can be disposed of or be distributed to the Partners. No consent of the Limited Partners is needed for the General Partner to extend the term of the Partnership or to place Investments in a trust pending future distribution. After the declaration of the Operative Date, the General Partner shall place any Investment described in this SectionE8.02(a) in a trust, the trustee of which shall be a financial institution which performs trust services in the normal course of its business activities and which is not an Affiliate of PaineWebber (determined after the Change in Control which precipitated the declaration of the Operative Date). The trustee described in the previous sentence shall consult with the party or parties selected pursuant to SectionE8.01(b) in determining the appropriate time or times at which the Investments it holds shall be liquidated or distributed.
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Amounts Reserved. 21 ARTICLE IX
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Amounts Reserved. (a) If there are any Investments which, in the judgment of the General Partner (or any other appropriate party selected pursuant to Section 8.01(b)), cannot be sold, or properly distributed in kind in the case of dissolution, without sacrificing a significant portion of the value thereof, the value of a Partner's interest in each such Investment may be excluded from the amount distributed to such Partner pursuant to Section 8.01(c)(iii). Any Partner's interest, including his pro rata interest in any gains, losses or distributions, in Investments so excluded shall not be paid or distributed until such time as the General Partner (or any other appropriate party selected pursuant to Section 8.01(b)) shall determine.
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Related to Amounts Reserved

  • Rights Reserved Execution of this Agreement does not deprive the Participating Generator of any unexpressed legal right, either under law or under an existing power purchase agreement.

  • Shares Reserved The Company shall at all times during the option period reserve and keep available such number of shares as will be sufficient to satisfy the requirements of this Agreement.

  • Assets Reserved and Pending Claims (a) If, upon the occurrence of a Dissolution Event, there are any assets that, in the judgment of the Liquidating Trustee, cannot be sold or distributed in kind without sacrificing a significant portion of the value thereof or where such sale or distribution is otherwise impractical at the time of the Dissolution Event, such assets may be retained by the Company if the Liquidating Trustee determines that the retention of such assets is in the best interests of the Members. Upon the sale of such assets or a determination by the Liquidating Trustee that circumstances no longer require their retention, such assets (at their Fair Value) or the proceeds of their sale shall be taken into account in computing Capital Account on winding up and amounts distributable pursuant to Section 6.2(b), and distributed in accordance with such value.

  • Cross-Collateralization; Adjustments to Available Funds (a) On each Distribution Date prior to the earlier of the Senior Credit Support Depletion Date and the second Senior Termination Date, but after a Senior Termination Date, the Trustee shall distribute the principal portion of Available Funds on the Mortgage Loans relating to such Senior Certificates that will have been paid in full, to the holders of the Senior Certificates of the other Certificate Groups, pro rata, based on their Class Certificate Balances, provided, however, that the Trustee shall not make such distribution on such Distribution Date if (a) the Aggregate Subordinated Percentage for such Distribution Date is greater than or equal to 200% of such Aggregate Subordinated Percentage as of the Closing Date and (b) the average Stated Principal Balance of the Mortgage Loans in each Loan Group delinquent 60 days or more over the last six months, as a percentage of the aggregate Class Certificate Balance of the Subordinated Certificates, is less than 50%.

  • Availability Reserves All Revolving Loans otherwise available to Borrower pursuant to the lending formulas and subject to the Maximum Credit and other applicable limits hereunder shall be subject to Lender's continuing right to establish and revise Availability Reserves.

  • Bank Accounts; Cash Balances (a) Each Party agrees to take, or cause the members of its Group to take, at the Effective Time (or such earlier time as the Parties may agree), all actions necessary to amend all contracts or agreements governing each bank and brokerage account owned by SpinCo or any other member of the SpinCo Group (collectively, the “SpinCo Accounts”) and all contracts or agreements governing each bank or brokerage account owned by Parent or any other member of the Parent Group (collectively, the “Parent Accounts”) so that each such SpinCo Account and Parent Account, if currently linked (whether by automatic withdrawal, automatic deposit or any other authorization to transfer funds from or to) to any Parent Account or SpinCo Account, respectively, is de-linked from such Parent Account or SpinCo Account, respectively.

  • Minimum Amounts; Limitation on Number of Borrowings At the commencement of each Interest Period for any Eurodollar Borrowing, such Borrowing shall be in an aggregate amount that is an integral multiple of $1,000,000 and not less than $1,000,000. At the time that each ABR Borrowing is made, such Borrowing shall be in an aggregate amount that is an integral multiple of $1,000,000 and not less than $1,000,000; provided that an ABR Borrowing may be in an aggregate amount that is equal to the entire unused balance of the total Commitments or that is required to finance the reimbursement of an LC Disbursement as contemplated by Section 2.08(e). Borrowings of more than one Type may be outstanding at the same time, provided that there shall not at any time be more than a total of 8 Eurodollar Borrowings outstanding. Notwithstanding any other provision of this Agreement, the Borrower shall not be entitled to request, or to elect to convert or continue, any Borrowing if the Interest Period requested with respect thereto would end after the Maturity Date.

  • Tax Reserves The Company has established on its books and records adequate reserves for all Taxes and for any liability for deferred income taxes in accordance with Adjusted GAAP.

  • Disbursements from Replacement Reserve Account (a) Lender shall make disbursements from the Replacement Reserve Account to pay Borrower only for the costs of the Replacements. Lender shall not be obligated to make disbursements from the Replacement Reserve Account to reimburse Borrower for the costs of routine maintenance to the Property or for costs which are to be reimbursed from the Required Repair Fund (if any).

  • RIGHTS RESERVED TO LANDLORD Landlord may exercise at any time any of the following rights respecting the operation of the Project without liability to the Tenant of any kind:

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