General Distributions. The Series shall make Distributions of Available Cash (or, in accordance with Section 7.3(a) below, property of the Series on an in kind basis) on a monthly basis, in amounts determined by the Manager, acting in its sole direction. Distributions shall be payable to all Members pro rata in proportion to their holdings of Shares; provided, that, the amount of Distributions paid to a Member in any given calendar month (other than liquidating distributions) shall be determined based on the number of calendar days that a Member owns its Shares in such calendar month.
General Distributions. The following options are available to the Trustee regarding the distribution of principal or income to or for a beneficiary:
General Distributions. Subject to the terms of the Plan, We will make Distributions for Benefit payments from a Sub-account(s) under this Agreement. We will apply to these Distributions any limitations described in this Agreement. We will make Distributions in the following manner:
General Distributions. Subject to the terms of any Unit Designation, the Company shall distribute an amount of Available Cash when, as, and if determined by the Managing Member to the Members pro rata in accordance with their Common Units.
General Distributions. Except as otherwise provided in this Article 4, Article 8 or in any applicable Class Designation, the General Partner shall determine the timing and amount of all distributions. Subject to the terms of any applicable Class Designation and the other provisions of this Article 4, any distributions (including Tax Distributions, except to the extent provided in Section 4.2.4) shall be made pro rata in accordance with their Base Percentage Interests.
General Distributions. (a) Within 45 days following the end of each Quarter commencing with the Quarter ending on June 29, 1996, an amount equal to 100% of Available Cash with respect to such Quarter shall be distributed in accordance with this Article VI by the Partnership to the Partners in accordance with their respective Percentage Interests. The immediately preceding sentence shall not require any distribution of cash if and to the extent such distribution would be prohibited by applicable law or by any loan agreement, security agreement, mortgage, debt instrument or other agreement or obligation to which the Partnership is a party or by which it is bound or its assets are subject. All distributions required to be made under this Agreement shall be made subject to Sections 17-607 or 17-804 of the Delaware Act.
General Distributions. (a) Within 45 days following the end of each Quarter commencing with the Quarter ending on March 31, 1997, an amount equal to 100% of Available Cash with respect to such Quarter shall, subject to Section 17-607 of the Delaware Act, be distributed in accordance with this Article VI by the Partnership to the Partners in accordance with their respective Percentage Interests. The immediately preceding sentence shall not require any distribution of cash if and to the extent such distribution would be prohibited by applicable law or by any loan agreement, security agreement, mortgage, debt instrument or other agreement or obligation to which the Partnership is a party or by which it is bound or its assets are subject. All distributions required to be made under this Agreement shall be made subject to Section 17-607 of the Delaware Act.
General Distributions. Subject to the restrictions set forth in Section 4.4(b), from time to time following the expiration or early termination of the Commitment Period (but at least once each calendar quarter) the General Partner shall determine in its reasonable discretion to what extent (if any) the Partnership’s cash on hand exceeds the sum of (i) its current expenses and other obligations and (ii) any reserves established by the General Partner in accordance with Section 4.4(b)(iii) (the amount of such excess being referred to herein as “Distributable Cash”). Within 15 days following each such determination, the General Partner shall cause the Partnership to distribute all Distributable Cash to the Partners in accordance with this Section 4.5. All Distributable Cash shall, prior to the distribution thereof, be allocated to the Partners in proportion to each of their respective Percentage Interests. The amount allocated to the General Partner pursuant to the preceding sentence shall be distributed to the General Partner. Amounts allocated to each Limited Partner pursuant to the third sentence of this Section 4.5(a) shall be further allocated and distributed between such Limited Partner, on the one hand, and the General Partner, on the other hand, as follows:
General Distributions. 26 ARTICLE VII
General Distributions. Except as otherwise set forth in §15-309 of the Act, the decision to make and the amount of any distribution of Available Cash Flow to the Partners shall be made by the Managing Partner. All distributions shall be made in accordance with the Partnership Percentage Interest of each Partner.
