Nature of Distributions. Other than distributions pursuant to Sections 6.1(a), 6.1(b) and 6.1(c), which shall be made in cash, and Section 6.3, which shall be made as set forth in Section 11.2(d), subject to Section 12.1(a)(iii), the Partnership may make distributions in kind; provided that, in the event of any such in-kind distribution, all recipients of such distribution shall receive the same general form of consideration.
Nature of Distributions. The nature of the distribution of a Participant's Distributable Benefit shall be as hereinafter provided.
Nature of Distributions. For the purpose of this Agreement, distributions of Income and Capital include:
Nature of Distributions. Distributions may be made in cash or other Property, or both, in the discretion of the General Partner.
Nature of Distributions. A distribution will only be a return of capital if it is designated as such by this Agreement or by written designation of the General Partner.
Nature of Distributions. (a) The Manager will use commercially reasonable efforts to make distributions in cash. Except upon liquidation of the Fund pursuant to Section 12.2, the Fund shall not make in-kind distributions. The Manager shall not discriminate among the Members in any such distribution in-kind, but shall, to the extent feasible, in any such distribution: (i) distribute to the Members entitled to participate therein assets of approximately the same type and in approximately the same proportions, and (ii) if cash and other assets are to be distributed simultaneously in respect of a single investment, distribute cash and other assets in approximately the same proportion to each such Member.
Nature of Distributions. Any Series C Preferred Unit Distribution shall have equal priority to one another and shall be senior in priority to distributions on any Membership Interest which is a Junior Unit with respect to the payment of distributions.
Nature of Distributions. Any distributions made to Members during any year pursuant to Article V shall be considered drawings of money against their distributive shares of income for purposes of Treasury Regulation Section 1.731-1(a)(1)(ii).
Nature of Distributions. (a) For the purpose of this clause distributions of Income and Capital shall include:-
Nature of Distributions. Unless all of the Members shall decide otherwise, all distributions shall be made in cash, and no Member shall have the right to receive any distribution of property other than cash, whether pursuant to a distribution upon dissolution of the Company or otherwise.
