Limitations on Distribution. Notwithstanding any provision to the contrary contained in this Agreement, the General Partner shall not make a Partnership distribution to any Partner if such distribution would violate Section 17-607 of the Act or other applicable Law.
Appears in 63 contracts
Samples: Limited Partnership Agreement (Blackstone Group Inc), Limited Partnership Agreement (Blackstone Group Inc), Limited Partnership Agreement (Blackstone Group Inc)
Limitations on Distribution. Notwithstanding any provision to the contrary contained in this Agreement, the General Partner shall not make a Partnership distribution to any Partner if such distribution would violate Section 17-607 of the Act or other applicable Law.
Appears in 21 contracts
Samples: Limited Partnership Agreement (Beneficient), Limited Partnership Agreement, Limited Partnership Agreement (Oaktree Capital Group, LLC)
Limitations on Distribution. Notwithstanding any provision to the contrary contained in this Agreement, the General Partner shall not make a Partnership distribution to any Partner if such distribution would violate Section 17-607 Article 2242 of the Civil Code or any other applicable provision of the Act or other applicable Law.
Appears in 19 contracts
Samples: Limited Partnership Agreement (Blackstone Group Inc), Limited Partnership Agreement (Blackstone Group Inc), Limited Partnership Agreement (Blackstone Group Inc)
Limitations on Distribution. Notwithstanding any provision to the contrary contained in this Agreement, the Partnership, and the General Partner on behalf of the Partnership, shall not make a Partnership distribution to any Partner on account of its interest in the Partnership if such distribution would violate Section 17-607 of not be permitted under the Act ELP Law or any other applicable Law.
Appears in 4 contracts
Samples: And Restated Agreement (Ares Management Lp), Ares Management Corp, Ares Management Lp
Limitations on Distribution. Notwithstanding any provision to the contrary contained in this Agreement, the General Partner shall not make a Partnership distribution to any Partner if such distribution would violate Section 17-607 of the Act or other applicable Law.
Appears in 3 contracts
Samples: Limited Partnership Agreement (Summit Materials, Inc.), Limited Partnership Agreement (Summit Materials, Inc.), Limited Partnership Agreement (Summit Materials, Inc.)
Limitations on Distribution. Notwithstanding any provision to the contrary contained in this Agreement, the General Partner shall not make a Partnership distribution to any Partner if such distribution would violate Section 17-607 of the Act Partnership Law or other applicable Law.
Appears in 2 contracts
Samples: Apollo Global Management LLC, Apollo Global Management LLC
Limitations on Distribution. Notwithstanding any provision to the contrary contained in this Agreement, the General Partner shall not make a Partnership distribution to any Partner if such distribution would violate Section 17-607 of the Act or other applicable Law.
Appears in 2 contracts
Samples: Limited Partnership Agreement (PJT Partners Inc.), Limited Partnership Agreement (PJT Partners Inc.)
Limitations on Distribution. Notwithstanding any provision to the contrary contained in this Agreement, the General Partner shall not make a Partnership distribution to any Partner (a) if such distribution would violate Section 17-607 of the Act or other applicable LawLaw or (b) if, after giving effect to such distribution, such Partner’s Capital Account would be negative.
Appears in 2 contracts
Samples: Limited Partnership Agreement (Brookfield Oaktree Holdings, LLC), Limited Partnership Agreement (Oaktree Capital Group, LLC)
Limitations on Distribution. Notwithstanding any provision to the contrary contained in this Agreement, the neither General Partner shall not make a Partnership distribution to any Partner if such distribution would violate Section 17-607 34 of the Act or other applicable Law.
Appears in 2 contracts
Samples: Limited Partnership Agreement, Limited Partnership Agreement (KKR & Co. L.P.)
Limitations on Distribution. Notwithstanding any provision to the contrary contained in this Agreement, the neither General Partner shall not make a Partnership distribution to any Partner if such distribution would violate Section 17-607 14 of the Act or other applicable Law.
Appears in 2 contracts
Samples: Limited Partnership Agreement (KKR & Co. L.P.), Limited Partnership Agreement (KKR & Co. L.P.)
Limitations on Distribution. Notwithstanding any provision to the contrary contained in this Agreement, the General Partner shall Partnership will not make a Partnership distribution to any Partner if such distribution would violate Section 17-607 applicable law or the terms of any indebtedness of the Act or other applicable LawPartnership.
Appears in 1 contract
Limitations on Distribution. Notwithstanding any provision to the contrary contained in this Agreement, the General Partner shall not make a Partnership distribution Distribution to any Partner if such distribution Distribution would violate Section 17-607 of the Act or other applicable Law.
Appears in 1 contract
Limitations on Distribution. Notwithstanding any provision to the contrary contained in this Agreement, the General Partner shall not make a Partnership distribution to any Partner if such distribution would violate Section 17-607 34 of the Act or other applicable Law.
Appears in 1 contract
