Common use of Requirement and Characterization of Distributions; Distributions to Record Holders Clause in Contracts

Requirement and Characterization of Distributions; Distributions to Record Holders. (a) Subject to Article XVI, The General Partner, in its sole discretion, may authorize distributions in cash or in kind by the Partnership to the Partners, which distributions shall be made in accordance with Article XVI and, in respect of any series of Units, Pro Rata in accordance with the Partners’ respective Percentage Interests.

Appears in 12 contracts

Samples: Agreement, Agreement, Steel Partners Holdings L.P.

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Requirement and Characterization of Distributions; Distributions to Record Holders. (a) Subject to Article XVI, The General Partner, in its sole discretion, may authorize distributions in cash or in kind by the Partnership to the Partners, which distributions shall be made in accordance with Article XVI and, in respect of any series of Units, Pro Rata in accordance with the Partners’ respective Percentage Interests.

Appears in 4 contracts

Samples: Agreement (Ares Management Lp), Purchase and Sale Agreement (KKR & Co. L.P.), Agreement (Soleil Capital L.P.)

Requirement and Characterization of Distributions; Distributions to Record Holders. (a) Subject to Article XVI, The the General Partner, in its sole discretion, may authorize distributions in cash or in kind by the Partnership to the Partners, which distributions shall be made in accordance with Article XVI and, in respect of any class or series of Units, Pro Rata in accordance with the such Partners’ respective Percentage Interests.

Appears in 2 contracts

Samples: www.sec.gov, Carlyle Group L.P.

Requirement and Characterization of Distributions; Distributions to Record Holders. (a) Subject to Article XVIArticles XVI and XVII, The General the Managing Partner, in its sole discretion, may authorize distributions in cash or in kind by the Partnership to the Partners, which distributions shall be made in accordance with Article Articles XVI and XVII and, in respect of any series of Units, Pro Rata in accordance with the such Partners’ respective Percentage Interests.

Appears in 1 contract

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

Requirement and Characterization of Distributions; Distributions to Record Holders. (a) Subject to Article XVI, The General the Managing Partner, in its sole discretion, may authorize distributions in cash or in kind by the Partnership to the Partners, which distributions shall be made in accordance with Article XVI and, in respect of any series of Units, Pro Rata in accordance with the such Partners’ respective Percentage Interests.

Appears in 1 contract

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

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Requirement and Characterization of Distributions; Distributions to Record Holders. (a) Subject to Article XVI, The the General Partner, in its sole discretion, may authorize distributions in cash or in kind by the Partnership to the Partners, which distributions shall be made in accordance with Article XVI and, in respect of any series of Units, Pro Rata in accordance with the such Partners’ respective Percentage Interests.

Appears in 1 contract

Samples: Ares Management Lp

Requirement and Characterization of Distributions; Distributions to Record Holders. (a) Subject to Article XVI, The the General Partner, in its sole discretion, may authorize distributions in cash or in kind by the Partnership Company to the Partners, which distributions shall be made in accordance with Article XVI and, in respect of any series of UnitsShares, Pro Rata in accordance with the such Partners’ respective Percentage Interests.

Appears in 1 contract

Samples: Ares Management Lp

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