Distributions to Partners. From time to time, the General Partner shall distribute funds in such amounts as it may determine, in its sole discretion. All funds shall be distributed to the Partners in accordance with their respective Percentage Interests at the time of the distribution. In determining the amount of funds to distribute pursuant to this Section 4.02, the General Partner may consider such factors as the need to allocate funds to any reserves for Partnership contingencies or any other Partnership purposes that the General Partner deems necessary or appropriate.
Distributions to Partners. The General Partner shall have sole discretion in determining the amount and frequency of distributions (other than withdrawals or redemptions by Limited Partners) which the Partnership shall make. All distributions shall be made in cash pro rata to the respective Book Capital Accounts of the Partners which hold Units as of the last day of the Accounting Period to which the distribution relates.
Distributions to Partners. Except as provided in Section 15.2, Operating Cash Flow and Capital Cash Flow with respect to any period shall be distributed to the Partners at such time or times as the General Partner shall determine consistent with the following order of priority:
Distributions to Partners. Available Cash shall first be used to repay any and all Partnership Loans and then shall be distributed to the Partners as follows:
Distributions to Partners. (a) The Partnership may make distributions of cash and/or property, if any, at such times as the SBIC Act permits (if the Partnership is then licensed as an SBIC or has an application to be licensed pending with the SBA) and as are determined under this Agreement. If the Partnership is then licensed as an SBIC or has an application to be licensed pending with the SBA, distributions shall be made from Retained Earnings Available for Distribution or otherwise as permitted by the SBIC Act. The General Partner may elect to invest or reinvest all or any part of such cash and/or property in lieu of distribution to the Partners.
Distributions to Partners. 79 The Partnership may make distributions of cash and/or property, if any, at such times as the SBIC Act permits and at such times and in such amounts as set forth in this Agreement. Distributions shall be made only from Retained Earnings Available for Distribution and as otherwise permitted by the SBIC Act. In lieu of making any distribution, the Partnership may pay or prepay Leverage and any other amounts owed to SBA.80 All distributions must be made in the following order and amounts: [specify order and amounts] [add any additional provisions for distributions among the General Partner and the Limited Partners]
Distributions to Partners. Except as provided in Section 6.05 in connection with the termination and liquidation of the Partnership, the General Partner may distribute cash funds to the Partners at such times and in such amounts as the General Partner determines, in its sole discretion, except that such funds shall be distributed by the General Partner to the Partners pro rata in accordance with their respective Percentage Interests at the time of the distribution. In determining the amount of funds to distribute pursuant to this Section 4.08, the General Partner may consider such factors as the need to allocate funds to any reserves for Partnership contingencies or any other Partnership purposes that the General Partner deems necessary or appropriate.
Distributions to Partners. Make any distributions to the holders of Borrower’s Equity Interests (including any purchase or redemption of Equity Interests) if a Default or Event of Default exists or would occur as a result of the distribution.
Distributions to Partners. (i) It shall be within the sole discretion of the General Partner as to whether, when and in what amount a distribution of cash or other assets of the Partnership shall be made. Such distributions (other than a distribution made in connection with the withdrawal of a Partner under Article IV) shall be made to all of the Partners in the ratio that their respective Capital Accounts bear to one another at the time of the distribution.
Distributions to Partners. All liquid assets of the Partnership, including royalty payments received in connection with Product sales and all other proceeds of the Partnership, less an amount reasonably determined by the General Partner to cover Operating Expenses, shall be distributed no less frequently than quarterly to the Partners, pro rata in accordance with their respective Partner Percentages. For the avoidance of doubt, no proceeds raised by the Partnership to fund any Extraordinary Event shall be distributed to the Partners unless and until it is determined in accordance with this Agreement that such proceeds no longer are necessary to fund such Extraordinary Event.
