During Subordination Period. Available Cash with respect to any Quarter or portion thereof within the Subordination Period that is deemed to be Operating Surplus pursuant to the provisions of Section 6.1 or Section 6.3 shall, subject to Section 51 of the Xxxxxxxx Islands Act, be distributed as follows, except as otherwise contemplated by Section 5.4 in respect of other Partnership Interests issued pursuant thereto:
Appears in 2 contracts
Samples: Agreement, VTTI Energy Partners LP
During Subordination Period. Available Cash with respect to any Quarter or portion thereof within the Subordination Period that is deemed to be Operating Surplus pursuant to the provisions of Section Sections 6.1 or Section 6.3 shall, subject to Section 51 40 of the Xxxxxxxx Islands Act, be distributed as follows, except as otherwise contemplated by Section 5.4 in respect of other Partnership Membership Interests issued pursuant thereto:
Appears in 2 contracts
Samples: Operating Agreement, Operating Agreement (Seadrill Partners LLC)
During Subordination Period. Available Cash with respect to any Quarter or portion thereof within the Subordination Period that is deemed to be Operating Surplus pursuant to the provisions of Section 6.1 Sections 6.2 or Section 6.3 6.4 shall, subject to Section 51 of the Xxxxxxxx Islands Act, be distributed as follows, follows (subject to Section 16.3 in respect of Series A Preferred Units described therein and except as otherwise contemplated by Section 5.4 in respect of other Partnership Interests issued pursuant thereto:):
Appears in 1 contract
Samples: Dynagas LNG Partners LP
During Subordination Period. Available Cash with respect to any Quarter or portion thereof within the Subordination Period that is deemed to be Operating Surplus pursuant to the provisions of Section 6.1 Sections 6.2 or Section 6.3 6.4 shall, subject to Section 51 of the Xxxxxxxx Islands Act, be distributed as follows, except as otherwise contemplated by Section 5.4 5.5 in respect of other Partnership Interests Securities issued pursuant thereto:
Appears in 1 contract
Samples: Teekay Offshore Partners L.P.
During Subordination Period. Available Cash with respect to any Quarter or portion thereof within the Subordination Period that is deemed to be Operating Surplus pursuant to the provisions of Section 6.1 6.2 or Section 6.3 6.4 shall, subject to Section 51 of the Xxxxxxxx Islands Act, be distributed as follows, follows (subject to Section 16.3 in respect of Series A Preference Units described therein and except as otherwise contemplated by Section 5.4 in respect of other Partnership Interests issued pursuant thereto:):
Appears in 1 contract
Samples: GasLog Partners LP
