Payment of DERs. The Participant is entitled to receive from the GP, with respect to each Phantom Unit that has not either vested or been forfeited, cash payments equal to the distributions per Unit made by the Partnership on its outstanding Units, in each case promptly following (and in no event more than 30 days after) each such distribution made by the Partnership. Upon the forfeiture or vesting of the underlying Phantom Unit, the associated DER will automatically expire and no further payments shall be made with respect to such DER, except with respect to amounts not yet paid with respect to distributions on Units made prior to the date of such forfeiture or vesting.
Payment of DERs. Such vested DERs shall be paid directly to the Executive in the form of a cash payment at the time that all other members of the Company receive distributions in relation to Units.
Payment of DERs. The Participant will be entitled to receive, with respect to each common unit subject to the Award described above that has not otherwise vested or been forfeited, a cash payment equal to the cash distribution per common unit made by the Partnership on its outstanding common units, in each case promptly following each such distribution made by the Partnership.
Payment of DERs. The Participant is entitled to receive from the Company, with respect to each Restricted Phantom Unit that has not either vested or been forfeited, cash payments equal to the distributions per Unit made by the Partnership on its outstanding Units, in each case promptly following each such distribution made by the Partnership. Upon the forfeiture or vesting of the underlying Restricted Phantom Unit, the associated DER will automatically expire and no further payments shall be made with respect to such DER, except with respect to amounts not yet paid with respect to distributions on Units made prior to the date of such forfeiture or vesting.
Payment of DERs. The Participant is entitled to receive from the Partnership, with respect to each Restricted Unit that has not either vested or been forfeited, cash payments (the "DERs") equal to the distributions per common unit made by the Partnership on its outstanding common units, in each case promptly following each such distribution made by the Partnership. Upon the forfeiture or vesting of the underlying Restricted Unit, the associated DER will automatically expire and no further payments shall be made with respect to such DER, except with respect to amounts not yet paid with respect to distributions on Units made prior to the date of such forfeiture or vesting.
Payment of DERs. On or as soon as reasonably practical (and not later than 30 days) following each Distribution Date, you will receive, with respect to each DER that remains credited to you on such Distribution Date, a cash payment from the Company in an amount equal to the cash distribution paid with respect to a Common Unit on that Distribution Date, provided that any DERs payable to you with respect to a Record Date that precedes your termination of employment shall in all events be paid to you no later than 60 days following such Record Date.
Payment of DERs. As noted above, the Participant is entitled to receive from the Partnership, with respect to each Restricted Phantom Unit that has not either vested or been forfeited, DERs. Upon the forfeiture or vesting of the underlying Restricted Phantom Unit, the associated DER will automatically expire and no further payments shall be made with respect to such DER, except with respect to amounts not yet paid with respect to distributions on Units made prior to the date of such forfeiture or vesting.
Payment of DERs. As soon as administratively practicable following the payment of any cash distribution upon Units of the Company, with respect to each Phantom Unit granted hereunder, the Company will pay the Participant an amount in cash equal to the amount of such cash distribution made by the Company with respect to one Unit; provided that any such payment in respect of the Participant’s DERs shall be made no later than the end of the calendar year in which the applicable distribution is paid to the Unitholders of the Company or, if later, by the 1st day of the third calendar month following the date of such distribution, or by such other date as shall be required under the final regulations under Section 409A of the Code or other authoritative guidance issued thereunder.
Payment of DERs. As noted above, the Participant is entitled to receive from the Partnership, with respect to each Restricted Unit that has not either vested or been forfeited, DERs. Upon the forfeiture or vesting of the underlying Restricted Unit, the associated DER will automatically expire and no further payments shall be made with respect to such DER, except with respect to amounts not yet paid with respect to distributions on Restricted Units made prior to the date of such forfeiture or vesting.
Payment of DERs. As soon as administratively practicable following the payment of any cash distribution on Units of the Company, with respect to each Phantom Unit granted hereunder, the Company will pay the Participant an amount in cash equal to the amount of such cash distribution made by the Company on one Unit; provided that any such payment in respect of the Participant’s DERs shall be made no later than March 15 of the calendar year following the calendar year in which such cash distribution on Units occurred.
