Distribution Priority Sample Clauses

Distribution Priority. Upon the dissolution of the Partnership as provided in Section 8.1 hereof (“Dissolution”), the Partnership assets shall be liquidated (except as permitted by Section 8.3 hereof) and the affairs of the Partnership shall be wound up and terminated by the General Partner or, if there is no General Partner, by a liquidating trustee selected by a majority in Interest of the Limited Partners. Upon completion of such liquidation and winding up, but not later than two years after the end of the Fiscal Year during which Dissolution occurs, and after taking into account all capital account adjustments and allocations of income, gains, losses and deductions for the Partnership taxable year during which Dissolution occurs, including, without limitation, the allocation of all income, gains, losses and deductions pursuant to Article 4 hereof that would arise if all Partnership assets to be distributed in kind were sold for their fair market values, the assets of the Partnership shall be liquidated and disposed of and distributed as follows:
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Distribution Priority. Upon receiving Notices issued pursuant to paragraph 2, 3, or 4 of this Article II, Section D representing claims the aggregate value of which exceeds the funds available therefor in the Payment Account and until such time as the Payment Account contains sufficient funds to make payments in full pursuant to such Notices, the Corporate Trustee shall make distributions first, on account of GCCF Distribution Notices; second, in the chronological order that they are received by the Corporate Trustee, on account of Other Resolved Claims Distribution Notices; and third, in the chronological order that they are received by the Corporate Trustee, on account of NRD Claims or Government Response Costs Distribution Notices; provided, however, that the priority scheme described in this Article II, Section D7 shall not be deemed to alter to any extent or in any manner any payment priority afforded a Beneficiary under otherwise applicable law as such priority relates to recovery of such claim against the Grantor generally as opposed to through application of the funds in the Trust.
Distribution Priority. Distribution Priority Distributions (including the payments contemplated by clause (a)(ii) below which shall not be an equity transaction), other than distributions upon the liquidation of the Company, and contractual or guaranteed payments, whether in respect of Net Distributable Cash of the Company or otherwise, shall be made to the Members as follows and in the following order of priority:
Distribution Priority. Unless full distributions on the Class SV Units have been or contemporaneously are authorized and paid or authorized and a sum sufficient for the payment thereof is set apart for payment for all past distribution periods and the then current distribution period, no distributions (other than in Units ranking junior to the Class SV Units as to distributions and upon liquidation) shall be authorized or paid or set aside for payment nor shall any other distribution be authorized or made upon Units ranking junior to or on a parity with the Class SV Units as to distributions or upon liquidation, nor shall any Units ranking junior to or on a parity with the Class SV Units as to distributions or upon liquidation be redeemed, purchased or otherwise acquired for any consideration (or any moneys be paid to or made available for a sinking fund for the redemption of any such Units) by the Company.
Distribution Priority. AFTER THE PRE START DATE PERIOD. Within 30 days after the end of each Fiscal Quarter during the Post Start Date Period, Sweetheart shall make distributions of Distributable Cash (or other property in lieu of Distributable Cash) with respect to each Product sold (without duplication), in the following cumulative order and priority:
Distribution Priority. (a) Subject to Sections 5.2(b) and 5.2(c), Available Cash (or, in accordance with Section 5.4(a) below, property of Series A on an in kind basis) shall be distributed (the "Distributions") from time to time at the direction of the Managers in the following manner:
Distribution Priority. Upon the dissolution of the Company ("Dissolution"), the Company assets shall be liquidated and the affairs of the Company shall be wound up and terminated by the Liquidator. Upon completion of such liquidation and winding up, but not later than the end of the Company taxable year in which Dissolution occurs (or 90 days after Dissolution, if later), and after taking into account all Capital Account adjustments for the Company taxable year during which Dissolution occurs, including the allocation of all profits and losses pursuant to this Agreement, except as provided in the Development Agreement, the assets of the Company shall be liquidated and disposed of and distributed as follows:
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Distribution Priority. (a) In respect of payments to Shareholders and their Affiliates, the Company shall make payments in the following order of priority:
Distribution Priority. All Distributions from the Company, shall be applied and distributed in the following order of priority:
Distribution Priority. If Developer places orders for the manufacture of products containing any Modem Technology with Manufacturer and Manufacturer is unable to promptly fill all product orders from 3Com due to market demand, manufacturing delays, or other factors, Developer acknowledges and agrees that Manufacturer shall fulfill all orders by 3Com for products containing Modem Technology before fulfilling orders to Developer or Developer's customers.
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