PARTNERSHIP DISTRIBUTIONS. The Partners shall cause the Partnership to distribute Cash Flow, which shall be determined by the General Partner, to the Partners quarterly in amounts determined by the General Partner provided all such distributions shall be in accordance with the Partners’ respective Percentage Interests.
PARTNERSHIP DISTRIBUTIONS. In its capacity as general partner of the Partnership, the General Partner is entitled to its distributable share (18.6%, before dilution) of Partnership Cash Flow, Partnership Sales Proceeds and Partnership Refinancing Proceeds as provided by the Partnership Agreement. The General Partner also owns a 15.81% (before dilution) limited partner interest in the Partnership, and is entitled to Distributions on account of such interest. See "Summary of the Partnership Agreement - Profits, Losses and Distributions" and the Partnership Agreement attached as Appendix A.
PARTNERSHIP DISTRIBUTIONS. Executive shall not be entitled to, and shall not receive, any Partnership Distributions with respect to Restricted Units. Executive shall be entitled to receive his Profits Percentage of any Partnership Distributions made as of the relevant distribution date. Partnership Distributions, to the extent payable to Executive with respect to an Earned Unit or Vested Unit, shall be paid to Executive at the same time that such Partnership Distributions are paid to holders of Class A Units.
PARTNERSHIP DISTRIBUTIONS. Cause the REIT, each Guarantor or their respective Subsidiaries with an equity interest in any Person to use its best efforts to cause such Person to make regular distributions of Net Operating Income of such Person in accordance with such Person's partnership, operating or incorporation agreements and sound business practices.
PARTNERSHIP DISTRIBUTIONS. Distribute any assets or property of Borrower to any Partner of Borrower or redeem, repurchase or otherwise retire for value any partnership interest of any Partner of Borrower.
PARTNERSHIP DISTRIBUTIONS. In its capacity as general partner of the Partnership, the General Partner is entitled to its distributable share of Partnership Cash Flow, Partnership Sales Proceeds and Partnership Refinancing Proceeds as provided by the Partnership Agreement. Although neither the General Partner nor its Affiliates intend to purchase Units in this Offering, they would also receive Partnership Distributions in respect of any Limited Partner Partnership Interests they hereafter acquire. The amount of such Distributions to the General Partner, if any, cannot be determined at this time. See "Summary of the Partnership Agreement - Profits, Losses and Distributions," the Financial Projections attached as Appendix A and the form of the Partnership Agreement attached as Appendix B.
PARTNERSHIP DISTRIBUTIONS. Borrower covenants and agrees that Borrower shall not make any distribution(s) as defined under Section 8 of that certain Agreement of Limited Partnership of WM Limited Partnership - 1998, dated as of January 30, 1998, between MCC Food Service, Inc., a Michigan corporation and MHG, if such distribution(s) at the time of the distribution would cause the Fixed Charge Coverage Ratio for Borrower's business operations generally to be less than 1.2 to 1.0.
PARTNERSHIP DISTRIBUTIONS. Partnership Distributions" means any payment to the Partners pursuant to Sections 3.4 or 6.5(e).
PARTNERSHIP DISTRIBUTIONS. Any other provisions of this Agreement notwithstanding, if the undersigned Affiliate is organized as a partnership, BioStar and Cortech hereby agree that such partnership shall be permitted to make a distribution to its partners of shares of BioStar capital stock (if made prior to the Effective Time of the Merger) or of shares of Cortech capital stock received in the Merger so long as the undersigned Affiliate and its partnership distributees provide assurances, acceptable to Cortech and BioStar in their reasonable discretion, that such
PARTNERSHIP DISTRIBUTIONS. The General Partner shall cause the Partnership to distribute all or a portion of Net Operating Cash Flow to the Partners from time to time as determined by the General Partner, but in any event not less frequently than quarterly in such amounts as the General Partner shall determine; provided, however, that all such distributions shall be made pro rata in accordance with the Partners' then Percentage Interests; and provided further, that notwithstanding the foregoing, the General Partner shall use its best efforts (not requiring any material expenditure of funds or the incurrence of any material liability on the part of the General Partner) to cause the Partnership to distribute sufficient amounts to enable the Sxxxx XxXxxxxxx Group, L.P. to distribute sufficient amounts to the Company to pay shareholder dividends that will (a) satisfy the requirements for qualifying as a REIT under the Code and Regulations (the "REIT Requirements"), and (b) avoid any federal income or excise tax liability of the general partner. All amounts withheld pursuant to the Code or a provision of any state or local tax law with respect to any allocation, payment or distribution to any Partner shall be treated as amounts distributed to such Partner.