Distributions of Investment Proceeds Sample Clauses

Distributions of Investment Proceeds. Each distribution of Investment Proceeds shall initially be made to the Partners in proportion to each of their respective Percentage Interests in such Investment. Notwithstanding the previous sentence, each Partner’s (other than UST’s) share of each distribution of Investment Proceeds shall be divided between such Partner on the one hand and the Noteholder on the other hand as follows:
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Distributions of Investment Proceeds. Except as expressly set forth to the contrary below, all Current Proceeds shall be distributed to all Partners (other than Defaulting Partners) in the order and priority set forth in this Section 4.2(a). Except as expressly set forth to the contrary below, during the Investment Period, upon the Disposition of any Investment, (x) the Disposition Proceeds attributable to such Investment in an amount up to the amount of the Investment Contribution corresponding to such Investment may, in the sole discretion of the General Partner, be distributed to all Partners (other than Defaulting Partners) in the order and priority set forth in this Section 4.2(a) (in which case such distributed amounts shall constitute Returned Amounts that can be re-drawn pursuant to Section 3.1), or may be retained by the Partnership for recycling and re-investment in Investments and may be invested in Short-Term Investments pending such re-investment, and (y) the Disposition Proceeds attributable to such Investment in excess of the amount of the Investment Contribution corresponding to such Investment shall be distributed to all Partners (other than Defaulting Partners) in the order and priority set forth in this Section 4.2(a). Except as expressly set forth to the contrary below, after the expiration of the Investment Period, all Disposition Proceeds shall be distributed to all Partners (other than Defaulting Partners) in the order and priority set forth in this Section 4.2(a); provided, however, that after the expiration of the Investment Period, the Partnership may retain Investment Proceeds to fund obligations and Investments that otherwise could be funded pursuant to Section 3.1(b). The General Partner’s proportionate share of such Investment Proceeds shall be distributed to the General Partner and each Limited Partner’s proportionate share of such Investment Proceeds shall be distributed to such Limited Partner generally as follows:
Sample 1
Distributions of Investment Proceeds. Each distribution of Investment Proceeds shall initially be apportioned to the Partners pro rata in proportion to each of their respective Percentage Interests with respect to such Investment. Subject to the provisions of Section 3.5(c) and Section 4.5 below, the amount of each such distribution initially apportioned to the General Partner shall be distributed to the General Partner, and the amount of each such distribution initially apportioned to each Limited Partner shall be divided between such Limited Partner, on the one hand, and the General Partner, on the other hand, as follows:
Sample 1
Distributions of Investment Proceeds. Investment Proceeds from any Investment shall be apportioned preliminarily among the Partners participating in the applicable investment in proportion to their respective participation in funding such Investment. The amount so apportioned to the General Partner, the Special Limited Partner, the Taaleri Vehicle and/or any other Affiliated Partner shall be distributed to such Person, and the amount so apportioned to each other Partner shall be distributed between the Special Limited Partner and such Partner (subject to Sections 7.8 and 7.9) as follows:
Sample 1

Related to Distributions of Investment Proceeds

  • Capital Contributions and Distributions The Member may make such capital contributions (each a “Capital Contribution”) in such amounts and at such times as the Member shall determine. The Member shall not be obligated to make any Capital Contributions. The Member may take distributions of the capital from time to time in accordance with the limitations imposed by the Statutes.

  • Trust Account; Distributions On or before the issuance of the Certificates, Xxxxxx Xxx shall either (i) open with an Eligible Depository one or more trust accounts in the name of the Trustee of the Trust Fund that shall collectively be the “Trust Account”, (ii) in lieu of maintaining any such account or accounts, maintain the Trust Account by means of appropriate entries on its books and records designating all amounts credited thereto in respect of the Lower Tier Regular Classes and all investments of any such amounts as being held by it in its capacity as Trustee for the benefit of the Holders of the Trust Fund Certificates or

  • Commingling, Exchange and Investment of the Contributions 2.1. The Contributions shall be accounted for as a single trust fund and shall be kept separate and apart from the funds of the Bank. The Contributions may be commingled with other trust fund assets maintained by the Bank.

  • Investment of Contributions At the direction of the Designated Beneficiary (or the direction of the Depositor or the Responsible Individual, whichever applies) the Custodian shall invest all contributions to the account and earnings thereon in investments acceptable to the Custodian, which may include marketable securities traded on a recognized exchange or "over the counter" (excluding any securities issued by the Custodian), covered call options, certificates of deposit, and other investments to which the Custodian consents, in such amounts as are specifically selected and specified in orders to the Custodian in such form as may be acceptable to the Custodian, without any duty to diversify and without regard to whether such property is authorized by the laws of any jurisdiction as a custodial account investment. The Custodian shall be responsible for the execution of such orders and for maintaining adequate records thereof. However, if any such orders are not received as required, or, if received, are unclear in the opinion of the Custodian, all or a portion of the contribution may be held uninvested without liability for loss of income or appreciation, and without liability for interest pending receipt of such orders or clarification, or the contribution may be returned. The Custodian may, but need not, establish programs under which cash deposits in excess of a minimum set by it will be periodically and automatically invested in interest-bearing investment funds. The Custodian shall have no duty other than to follow the written investment directions of the Designated Beneficiary (or the Depositor or Responsible Individual), and shall be under no duty to question said instructions and shall not be liable for any investment losses sustained by the Designated Beneficiary.

  • Allocations and Distributions The LLC's profits and losses shall be allocated to the Member. At the time determined by a majority of the Managers, the Managers may cause the LLC to distribute to the Member any cash held by it which is neither reasonably necessary for the operation of the LLC nor the performance of its contractual obligations, nor which is in violation of Sections 18-607 or 18-804 of the Act or any contractual agreement binding on the LLC.

  • Returned Payments If after receipt of any payment which is applied to the payment of all or any part of the Obligations (including a payment effected through exercise of a right of setoff), the Administrative Agent or any Lender is for any reason compelled to surrender such payment or proceeds to any Person because such payment or application of proceeds is invalidated, declared fraudulent, set aside, determined to be void or voidable as a preference, impermissible setoff, or a diversion of trust funds, or for any other reason (including pursuant to any settlement entered into by the Administrative Agent or such Lender in its discretion), then the Obligations or part thereof intended to be satisfied shall be revived and continued and this Agreement shall continue in full force as if such payment or proceeds had not been received by the Administrative Agent or such Lender. The provisions of this Section 2.21 shall be and remain effective notwithstanding any contrary action which may have been taken by the Administrative Agent or any Lender in reliance upon such payment or application of proceeds. The provisions of this Section 2.21 shall survive the termination of this Agreement.

  • Distributions Distributions shall be made to the Member at the times and in the aggregate amounts determined by the Member. Notwithstanding any provision to the contrary contained in this Agreement, the Company shall not make a distribution to the Member on account of its interest in the Company if such distribution would violate Section 18-607 of the Act or other applicable law.

  • Investment of Account Assets a. All contributions to the custodial account shall be invested in the shares of the Provident Trust Mutual Funds, Inc. or, if available, any other series of Provident Trust Mutual Funds, Inc. or other regulated investment companies for which Provident Trust Company serves as Investment Advisor or designates as being eligible for investment. Shares of stock of an Investment Company shall be referred to as “Investment Company Shares”. To the extent that two or more funds are available for investment, contributions shall be invested in accordance with the depositor’s investment election.

  • Member Capital Contributions (Check One) ☐ - Single Member LLC: The Member may make such capital contributions (each a “Capital Contribution”) in such amounts and at such times as the Member shall determine. The Member shall not be obligated to make any Capital Contributions. The Member may take distributions of the capital from time to time in accordance with the limitations imposed by the Statutes. ☐ - Multi-Member LLC: Each Member has contributed the following capital amounts to the Company as set forth below and are not obligated to make any additional capital contributions: $ $ $ Members shall have no right to withdraw or reduce their contributions to the capital of the Company until the Company has been terminated unless otherwise set forth herein. Members shall have no right to demand and receive any distribution from the Company in any form other than cash and members shall not be entitled to interest on their capital contributions to the Company. The liability of any Member for the losses, debts, liabilities and obligations of the Company shall be limited to the amount of the capital contribution of each Member plus any distributions paid to such Member, such Member’s share of any undistributed assets of the Company; and (only to the extent as might be required by applicable law) any amounts previously distributed to such Member by the Company.

  • Sponsored, Closely Held Investment Vehicle An Estonian Financial Institution satisfying the following requirements:

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