Restricted Distributions. Notwithstanding any provision to the contrary contained herein, the Partnership, and the General Partner on behalf of the Partnership, shall not make a distribution to any Partner on account of its interest in the Partnership if such distribution would violate Section 17-607 of the Act or other applicable law.
Appears in 5 contracts
Samples: Irvine Co Et Al, Iac Capital Trust, Irvine Apartment Communities L P
Restricted Distributions. Notwithstanding any provision to the contrary contained herein, the The Partnership, and the General Partner on behalf of the Partnership, shall not make a distribution to any Partner on account of its interest in the Partnership if such distribution would violate Section 17-607 of the Act or other applicable law. Notwithstanding Section 17-606 of the Act, no Limited Partner shall, by virtue of becoming entitled to receive a distribution, have the status of, or be entitled to the remedies available to, a creditor of the Partnership with respect to such distribution.
Appears in 4 contracts
Samples: Limited Partnership Agreement (Ryder Truck Rental I Lp), Execution Copy (Honda Titling D Lp), Limited Partnership Agreement (Honda Titling D Lp)
Restricted Distributions. Notwithstanding any provision to the contrary contained hereinin this Agreement, the Partnership, and the General Partner on behalf of the Partnership, shall not make a distribution to any a Partner on account of its interest in the Partnership if such distribution would violate Section 17-607 of the Act or other applicable law.
Appears in 2 contracts
Samples: Registration Rights Agreement (Corporate Office Properties, L.P.), Corporate Office Properties Trust
Restricted Distributions. Notwithstanding any provision to the contrary contained hereinin this Agreement, neither the Partnership, and Partnership nor the General Partner Partner, on behalf of the Partnership, shall not make a distribution to any Partner on account of its Partner Interest or interest in the Partnership Partner Units if such distribution would violate Section 17-607 of the Act or other applicable law.
Appears in 1 contract
Restricted Distributions. Notwithstanding any provision to the contrary contained hereinin this Agreement, the Partnership, and the General Partner on behalf of the Partnership, shall not make a distribution to any Partner on account of its interest in the Partnership if such distribution would violate Section 17-607 1782.87 of the Act or other applicable law.
Appears in 1 contract
Samples: Cleveland Indians Baseball Co Inc
Restricted Distributions. Notwithstanding any provision to the contrary contained hereinin this Agreement, the Partnership, and the General Partner on behalf of the Partnership, Partnership shall not make a distribution to any Partner on account of its interest in the Partnership if such distribution would violate Section 17-607 of the Act or other applicable law.
Appears in 1 contract
Samples: Accuride Corp