PARTNERSHIP DISTRIBUTIONS. The Partners shall cause the Partnership to distribute Cash Flow, which shall be determined by the General Partner, to the Partners quarterly in amounts determined by the General Partner provided all such distributions shall be in accordance with the Partners’ respective Percentage Interests.
PARTNERSHIP DISTRIBUTIONS. Executive shall not be entitled to, and shall not receive, any Partnership Distributions with respect to Restricted Units. Executive shall be entitled to receive his Profits Percentage of any Partnership Distributions made as of the relevant distribution date. Partnership Distributions, to the extent payable to Executive with respect to an Earned Unit or Vested Unit, shall be paid to Executive at the same time that such Partnership Distributions are paid to holders of Class A Units.
PARTNERSHIP DISTRIBUTIONS. Cause the REIT, each Guarantor or their respective Subsidiaries with an equity interest in any Person to use its best efforts to cause such Person to make regular distributions of Net Operating Income of such Person in accordance with such Person's partnership, operating or incorporation agreements and sound business practices.
PARTNERSHIP DISTRIBUTIONS. Distribute any assets or property of Borrower to any Partner of Borrower or redeem, repurchase or otherwise retire for value any partnership interest of any Partner of Borrower.
PARTNERSHIP DISTRIBUTIONS. In its capacity as general partner of the Partnership, the General Partner is entitled to its distributable share (approximately 20.3%, before dilution) of Partnership Cash Flow, Partnership Sales Proceeds and Partnership Refinancing Proceeds as provided by the Partnership Agreement. The General Partner also owns approximately a 15.8% (before dilution) limited partner interest in the Partnership and is entitled to Distributions on account of such interest. See "Summary of the Partnership Agreement - Profits, Losses and Distributions" and the Partnership Agreement attached as Appendix A. The General Partner will also receive its proportionate share of any Offering proceeds distributed to the Initial Limited Partners. See "Sources and Applications of Funds."
PARTNERSHIP DISTRIBUTIONS. In its capacity as general partner of the Partnership, the General Partner is entitled to its distributable share (18.6%, before dilution) of Partnership Cash Flow, Partnership Sales Proceeds and Partnership Refinancing Proceeds as provided by the Partnership Agreement. The General Partner also owns a 15.81% (before dilution) limited partner interest in the Partnership, and is entitled to Distributions on account of such interest. See "Summary of the Partnership Agreement - Profits, Losses and Distributions" and the Partnership Agreement attached as Appendix A.
PARTNERSHIP DISTRIBUTIONS. Partnership Distributions" means any payment to the Partners pursuant to Sections 3.4 or 6.5(e).
PARTNERSHIP DISTRIBUTIONS. Borrower covenants and agrees that Borrower shall not make any distribution(s) as defined under Section 8 of that certain Agreement of Limited Partnership of WM Limited Partnership - 1998, dated as of January 30, 1998, between MCC Food Service, Inc., a Michigan corporation and MHG, if such distribution(s) at the time of the distribution would cause the Fixed Charge Coverage Ratio for Borrower's business operations generally to be less than 1.2 to 1.0.
PARTNERSHIP DISTRIBUTIONS. The General Partner shall cause the Partnership to distribute all or a portion of Net Operating Cash Flow to the Partners from time to time as determined by the General Partner, but in any event not less frequently than quarterly in such amounts as the General Partner shall determine; provided, however, that all such distributions shall be made pro rata in accordance with the Partners' then Percentage Interests; and provided further, that notwithstanding the foregoing, the General Partner shall use its best efforts (not requiring any material expenditure of funds or the incurrence of any material liability on the part of the General Partner) to cause the Partnership to distribute sufficient amounts to enable the Sxxxx XxXxxxxxx Group, L.P. to distribute sufficient amounts to the Company to pay shareholder dividends that will (a) satisfy the requirements for qualifying as a REIT under the Code and Regulations (the "REIT Requirements"), and (b) avoid any federal income or excise tax liability of the general partner. All amounts withheld pursuant to the Code or a provision of any state or local tax law with respect to any allocation, payment or distribution to any Partner shall be treated as amounts distributed to such Partner.
PARTNERSHIP DISTRIBUTIONS. NE LP shall, in its capacity as general partner of NEA and NJEA, cause NEA and NJEA to distribute to NE LP and NE LLC all amounts released to NEA and NJEA or permitted to be withdrawn by NEA or NJEA from the Partnership Distribution Fund (as defined in the Project Indenture as in effect on the date of the Indenture) or any subfund thereof in accordance with the Project Indenture, and; following the expiration or termination of the Project Indenture, shall in its capacity as general partner of NEA and NJEA, cause NEA and NJEA to distribute to NE LP and NE LLC all amounts available for distribution in accordance with the Project Indenture.
