Common use of Distribution of Proceeds Clause in Contracts

Distribution of Proceeds. The proceeds of liquidation, after payment of the debts and liabilities of the Partnership (including any loans made by the Partners or any of their affiliates to the Partnership), payment of the expenses of liquidation, and the establishment of any reserves that the liquidator reasonably deems necessary for potential or contingent liabilities of the Partnership, shall be distributed to the Partners as provided in Section 3.2(b).

Appears in 7 contracts

Samples: Partnership Agreement (Ticketmaster Corp /Il/), Partnership Agreement (Ticketmaster Corp /Il/), Partnership Agreement (Ticketmaster Corp /Il/)

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Distribution of Proceeds. The proceeds of liquidation, after payment of the debts and liabilities of the Partnership (including any loans made by the Partners or any of their affiliates to the Partnership), payment of the expenses of liquidation, and the establishment of any reserves that the liquidator Liquidator reasonably deems necessary for potential or contingent liabilities of the Partnership, shall be distributed to the Partners as provided in Section 3.2(b).

Appears in 2 contracts

Samples: Partnership Agreement (Travelport Holdings, LLC /DE/), Amended and Restated Partnership Agreement (S.D. Shepherd Systems, Inc.)

Distribution of Proceeds. The proceeds of liquidation, after payment of the debts and liabilities of the Partnership (including any loans made by the Partners or any of their affiliates to the Partnership), payment of the expenses of liquidation, and the establishment of any reserves that the liquidator reasonably deems necessary for potential or contingent liabilities of the Partnership, shall be distributed to the Partners as provided in Section 3.2(b).deems

Appears in 2 contracts

Samples: Partnership Agreement (Ticketmaster Corp /Il/), Partnership Agreement (Ticketmaster Corp /Il/)

Distribution of Proceeds. The proceeds of liquidation, after payment of the debts and liabilities of the Partnership (including any loans made by the Partners or any of their affiliates to the Partnership), payment of the expenses of liquidation, and the establishment of any reserves that the liquidator reasonably deems necessary for potential 9 or contingent liabilities of the Partnership, shall be distributed to the Partners as provided in Section 3.2(b).

Appears in 2 contracts

Samples: Partnership Agreement (Ticketmaster Corp /Il/), Partnership Agreement (Ticketmaster Corp /Il/)

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Distribution of Proceeds. The proceeds of liquidation, after payment of the debts and liabilities of the Partnership (including any loans made by the Partners or any of their affiliates to the Partnership), payment of the expenses of liquidation, and the establishment of any reserves that the liquidator Liquidator reasonably deems necessary for potential or contingent liabilities of the Partnership, shall be distributed to the Partners as provided in Section 3.2(b).contingent

Appears in 1 contract

Samples: Partnership Agreement (Ticketmaster Corp /Il/)

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