Common use of Distributions of Profits Clause in Contracts

Distributions of Profits. The Partnership shall distribute profits at such times and in such amounts as determined by the General Partner, after setting aside such amounts as may be deemed necessary to create adequate reserves for future capital needs. All distributions to the Partners shall be made in proportions in which net profits and losses are allocated under Paragraph 6.01 above.

Appears in 3 contracts

Samples: Limited Partnership Agreement (Hospital of Fulton, Inc.), Limited Partnership Agreement (Hospital of Fulton, Inc.), Limited Partnership Agreement (Hospital of Fulton, Inc.)

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Distributions of Profits. The Partnership shall distribute profits at such times and in is such amounts as determined by the General Partner, after setting aside such amounts as may be deemed necessary to create adequate reserves for future capital needs. All distributions to the Partners shall be made in proportions in which net profits and losses are allocated under Paragraph 6.01 above.

Appears in 2 contracts

Samples: Limited Partnership Agreement (Hospital of Fulton, Inc.), Limited Partnership Agreement (Winder HMA, LLC)

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Distributions of Profits. The Partnership shall distribute profits at such times and in such amounts as determined by the General Partner, after setting aside such amounts as may be deemed necessary to create adequate reserves for future capital needs. All distributions to the Partners shall be made in proportions in which net profits and losses are allocated under Paragraph 6.01 6.1 above.

Appears in 1 contract

Samples: Limited Partnership Agreement (Hospital of Fulton, Inc.)

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