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) The Managing Partner, in its sole discretion, may authorize distributions by the Partnership to the Partners, which distributions shall be made Pro Rata in accordance with the Partners’ respective Percentage Interests.

Appears in 3 contracts

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

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Requirement and Characterization of Distributions; Distributions to Record Holders. (a) The Managing 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 Pro Rata in accordance with the Partners’ respective Percentage Interests.

Appears in 2 contracts

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

Requirement and Characterization of Distributions; Distributions to Record Holders. (a) The Managing General Partner, in its sole discretion, may authorize distributions by the Partnership to the Partners, which distributions shall be made Pro Rata in accordance with the Partners' respective Percentage Interests.

Appears in 1 contract

Samples: Blackstone Group L.P.

Requirement and Characterization of Distributions; Distributions to Record Holders. (a) 6.3.1 The Managing General Partner, in its sole discretion, may authorize distributions by the Partnership to the Partners, which distributions shall be made Pro Rata in accordance with the Partners’ respective Financial Percentage Interests.

Appears in 1 contract

Samples: Agreement (AWA Group LP)

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Requirement and Characterization of Distributions; Distributions to Record Holders. (aj) The Managing 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 Pro Rata in accordance with the Partners’ respective Percentage Interests.

Appears in 1 contract

Samples: Steel Partners Holdings L.P.

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