Common use of Calculation of Distributions Clause in Contracts

Calculation of Distributions. In calculating all distributions payable to any holders of Partnership Units, the General Partner shall round the amount per unit to the nearest whole cent ($0.01), with one-half cent rounded upward.

Appears in 4 contracts

Samples: Agreement (Perella Weinberg Partners), Business Combination Agreement (FinTech Acquisition Corp. IV), Perella Weinberg Partners

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Calculation of Distributions. In calculating all distributions payable to any holders of Partnership Units, the General Partner shall round the aggregate amount per unit payable to each applicable Partner to the nearest whole cent ($0.01), with one-half cent rounded upward.

Appears in 2 contracts

Samples: WeWork Inc., BowX Acquisition Corp.

Calculation of Distributions. In calculating all distributions payable to any holders of Partnership Units, the General Partner shall round the amount per unit to the nearest whole cent ($0.01), with one-half cent rounded upward.”

Appears in 2 contracts

Samples: www.sec.gov, Nationwide Health Properties Inc

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Calculation of Distributions. In calculating all distributions payable to any holders of Partnership Units, the Managing General Partner shall round the amount per unit to the nearest whole cent ($0.01), with one-half cent rounded upward.

Appears in 1 contract

Samples: Limited Partnership Agreement (Five Point Holdings, LLC)

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