Examples of Incentive Distributions in a sentence
The General Partner shall retain all of its Partnership Interest, Percentage Interest, rights to Incentive Distributions, rights to allocations of Net Income and Net Losses, rights to allocations of Net Termination Gains and Net Termination Losses, and rights to distributions pursuant to Sections 5.3, 5.5, 5.7 and 14.3. The specific terms and conditions of the delegation to EEM are set forth in the Delegation of Control Agreement.
With respect to each Class I Units, the Investment Manager will negotiate the applicable Incentive Distributions with each investor subscribing for Class I Units.
General Partner Incentive Distributions Our general partner is entitled to receive incentive distributions if the amount we distribute with respect to any quarter exceeds levels specified in our partnership agreement.
Distributions by the Partnership of its Available Cash are effectively made 98% to Unitholders and 2% to Leviathan, subject to the payment of incentive distributions to Leviathan if certain target levels of cash distributions to Unitholders are achieved (the "Incentive Distributions").
With respect to each Class I Units of the Partnership, the Manager will negotiate the applicable Incentive Distributions with each investor subscribing for Class I Units of the Partnership.