Common use of Liquidation Distributions Clause in Contracts

Liquidation Distributions. All property (valued at fair market value, as determined by the General Partner) and all cash in excess of that amount required to discharge liabilities as provided in Section 12.4(b) shall, subject to Article XVI, be distributed to the Partners in accordance with their respective Percentage Interests as of a Record Date selected by the Liquidator, except as provide in Section 5.4(f) and in Section 2(a)(viii) of the Incentive Unit Agreement.

Appears in 12 contracts

Samples: Agreement, Agreement and Plan of Merger (Steel Partners Holdings L.P.), Agreement

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Liquidation Distributions. All cash and other property (valued at fair market value, as determined by the General Partner) and all cash in excess of that amount required to discharge liabilities (whether by payment or the making of reasonable provision for payment thereof) as provided in Section 12.4(b) shall, subject to Article XVI, shall be distributed to the Partners in accordance with their respective Percentage Interests as of a Record Date selected by the Liquidator, except as provide in Section 5.4(f) and in Section 2(a)(viii) of the Incentive Unit Agreement.

Appears in 6 contracts

Samples: Limited Partnership Agreement (KKR & Co. L.P.), Limited Partnership Agreement (KKR & Co. L.P.), Purchase and Sale Agreement (KKR & Co. L.P.)

Liquidation Distributions. All property (valued at fair market value, as determined by the General Partner) and all cash in excess of that amount required to discharge liabilities as provided in Section 12.4(b) shall, subject to Article XVI, shall be distributed to the Partners in accordance with their respective Percentage Interests as of a Record Date selected by the Liquidator, except as provide in Section 5.4(f) and in Section 2(a)(viii) of the Incentive Unit AgreementInterests.

Appears in 4 contracts

Samples: EV Energy Partners, LP, DCP Midstream Partners, LP, DCP Midstream Partners, LP

Liquidation Distributions. All cash and other property (valued at fair market value, as determined by the General Partner) and all cash in excess of that amount required to discharge liabilities (whether by payment or the making of reasonable provision for payment thereof) as provided in Section 12.4(b) shall, subject to Article XVI, be distributed to the Partners in accordance with their respective Percentage Interests as of a Record Date selected by the Liquidator, except as provide in Section 5.4(f) and in Section 2(a)(viii) of the Incentive Unit Agreement.

Appears in 3 contracts

Samples: Limited Partnership Agreement (KKR & Co. L.P.), Ares Management Lp, Ares Management Lp

Liquidation Distributions. All property (valued at fair market value, as determined by the General Partner) and all cash in excess of that amount required to discharge liabilities as provided in Section 12.4(b) shall, subject to Article XVI, shall be distributed to the Partners in accordance with their respective Percentage Interests as of a Record Date selected by the Liquidator, except as provide in Section 5.4(f) and in Section 2(a)(viii) of the Incentive Unit Agreement.

Appears in 2 contracts

Samples: Agreement (Soleil Capital L.P.), Blackstone Group L.P.

Liquidation Distributions. All cash and other property (valued at fair market value, as determined by the General Partner) and all cash in excess of that amount required to discharge liabilities (whether by payment or the making of reasonable provision for payment thereof) as provided in Section 12.4(b) shall, subject to Article XVI, be distributed to the Partners (other than the Partners holding Preferred Units with respect to such Preferred Units) in accordance with their respective Percentage Interests as of a Record Date selected by the Liquidator, except as provide in Section 5.4(f) and in Section 2(a)(viii) of the Incentive Unit Agreement.

Appears in 1 contract

Samples: Carlyle Group L.P.

Liquidation Distributions. All property (valued at fair market value, as determined by the General Partner) and all cash in excess of that amount required to discharge liabilities as provided in Section 12.4(b) shall, subject to Article XVI, 12.4.2 shall be distributed to the Partners in accordance with their respective Percentage Interests as of a Record Date selected by the Liquidator, except as provide in Section 5.4(f) and in Section 2(a)(viii) of the Incentive Unit Agreement.

Appears in 1 contract

Samples: Agreement (AWA Group LP)

Liquidation Distributions. All property (valued at fair market value, as determined by the General Partner) and all cash in excess of that amount required to discharge liabilities as provided in Section section 12.4(b) shall, subject to Article XVI, shall be distributed to the Partners in accordance with their respective Percentage Interests as of a Record Date selected by the Liquidator, except as provide in Section 5.4(f) and in Section 2(a)(viii) of the Incentive Unit Agreement).

Appears in 1 contract

Samples: Steel Partners Holdings L.P.

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Liquidation Distributions. All property (valued at fair market value, as determined by the General Partner) and all cash in excess of that amount required to discharge liabilities as provided in Section section 12.4(b) shall, subject to Article XVI, shall be distributed to the Partners in accordance with their respective Percentage Interests as of a Record Date selected by the Liquidator, except as provide in Section 5.4(f) and in Section 2(a)(viii9(a)(viii) of the Incentive Unit Management Agreement.

Appears in 1 contract

Samples: Steel Partners Holdings L.P.

Liquidation Distributions. All cash and other property (valued at fair market value, as determined by the General Partner) and all cash in excess of that amount required to discharge liabilities (whether by payment or the making of reasonable provision for payment thereof) as provided in Section 12.4(b) shall, subject to Article XVIArticles XVI and XVII, be distributed to the Partners in accordance with their respective Percentage Interests as of a Record Date selected by the Liquidator, except as provide in Section 5.4(f) and in Section 2(a)(viii) of the Incentive Unit Agreement.

Appears in 1 contract

Samples: Limited Partnership Agreement (KKR & Co. L.P.)

Liquidation Distributions. All property (valued at fair market value, as determined by the General Partner) and all cash in excess of that amount required to discharge liabilities as provided in Section section 12.4(b) shall, subject to Article XVI, shall be distributed to the Partners in accordance with their respective Percentage Interests as of a Record Date selected by the Liquidator, except as provide in Section 5.4(f) and in Section 2(a)(viii) of the Incentive Unit Agreement.

Appears in 1 contract

Samples: Steel Partners Holdings L.P.

Liquidation Distributions. All cash and other property (valued at fair market value, as determined by the General Partner) and all cash in excess of that amount required to discharge liabilities (whether by payment or the making of reasonable provision for payment thereof) as provided in Section 12.4(b) shall, subject to Article XVIArticles XVI and XVII, be distributed to the Partners in accordance with their respective Percentage Interests as of a Record Date selected by the Liquidator, except as provide in Section 5.4(f) and in Section 2(a)(viii) of the Incentive Unit Agreement.. 44

Appears in 1 contract

Samples: Limited Partnership Agreement (Joyner Capital LP)

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