Common use of Distributions From Operating Surplus Clause in Contracts

Distributions From Operating Surplus. Cash and cash equivalents that are deemed to be Operating Surplus pursuant to the provisions of Section 6.3 or Section 6.5 shall be distributed as follows, except as otherwise contemplated by Section 5.4(b) in respect of additional Partnership Interests issued pursuant thereto:

Appears in 5 contracts

Samples: Sanchez Production Partners LP, Sanchez Production Partners LP, Sanchez Production Partners LP

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Distributions From Operating Surplus. Cash and cash equivalents distributed that are is deemed to be Operating Surplus pursuant to the provisions of Section 6.3 or Section 6.5 shall be distributed as followsto all Unitholders, Pro Rata, except as otherwise contemplated by Section 5.4(b5.6(b) in respect of additional Partnership Interests issued pursuant thereto:.

Appears in 1 contract

Samples: PBF Logistics LP

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Distributions From Operating Surplus. (a) Cash and cash equivalents distributed in respect of any Quarter that are is deemed to be Operating Surplus pursuant to the provisions of Section 6.3 or Section 6.5 shall be distributed as follows, except as otherwise contemplated by Section 5.4(b5.6(b) in respect of additional Partnership other Membership Interests issued pursuant thereto:

Appears in 1 contract

Samples: Operating Agreement (Niska Gas Storage Partners LLC)

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