Distributions of Temporary Investment Income Sample Clauses

Distributions of Temporary Investment Income. Each distribution of Temporary Investment Income shall be divided among all Partners pro rata in proportion to their respective interests in the applicable Temporary Investments, as reasonably determined by the General Partner.
Sample 1Sample 2Sample 3See All (14)
AutoNDA by SimpleDocs
Distributions of Temporary Investment Income. Subject to 6.5 (Use of Distributable Proceeds to Fund Drawdowns), Distributable Proceeds comprised of Temporary Investment Income shall be distributed among the Partners (other than Defaulting Partners) in proportion to their Sharing Percentages with respect to the relevant Portfolio Investment.
Sample 1Sample 2Sample 3See All (10)
Distributions of Temporary Investment Income. Subject to Error! Reference source not found. (Use of Distributable Proceeds to Fund Drawdowns), Distributable Proceeds comprised of Temporary Investment Income shall be distributed among the Partners (other than Defaulting Partners) in proportion to their Sharing Percentages with respect to the relevant Portfolio Investment.
Sample 1
Distributions of Temporary Investment Income. Distributable Proceeds comprised of Temporary Investment Income shall be distributed among the Partners (other than Defaulting Partners) in proportion to their Sharing Percentages with respect to the relevant Portfolio Investment. Distributions of Distributable Proceeds. Distributable Proceeds (other than Temporary Investment Income) from any Portfolio Investment shall be initially apportioned among the Partners in proportion to their Sharing Percentages with respect to the applicable Portfolio Investment. The amount so apportioned to any Affiliated Partner shall be distributed to such Person and, except as otherwise provided in this Article 14 (Distributions; Allocations) and Section 6.6 (Defaulting Partners), the amount so apportioned to each other Partner shall be distributed between the General Partner and such Partner as follows: First, 100% to such Partner until such Partner has received cumulative distributions pursuant to this Section 14.3.1 equal to such Partner’s aggregate Capital Contributions; Second, 100% to such Partner until the cumulative amount distributed to such Partner pursuant to this Section 14.3.2 is equal to the Preferred Return for such Partner; Third, [80]% to the General Partner and [20]% to such Partner until the General Partner has received cumulative distributions with respect to such Partner pursuant to this Section 14.3.3 equal to [20]% of the cumulative amount of distributions made or being made to (i) such Partner pursuant to Section 14.3.2 and this Section 14.3.3 and (ii) the General Partner with respect to such Partner pursuant to this Section 14.3.3; and Fourth, thereafter, (i) [20]% to the General Partner and (ii) [80]% to such Partner. Distributions in Kind. Prior to the final distribution of assets in connection with the dissolution and winding up of the Fund, the Fund may distribute only cash or Marketable Securities to a Partner. If any Limited Partner notifies the General Partner in writing that it elects not to receive any distributions of Securities, then (i) no such distribution shall be made to such Limited Partner and (ii) the General Partner shall use commercially reasonable efforts to sell on behalf of such Limited Partner any Securities that would otherwise have been distributed to such Limited Partner for cash, from which the General Partner’s reasonable out-of-pocket expenses shall first be deducted; provided that, without the written consent of the Advisory Committee or the applicable Limited Partner, t...
Sample 1

Related to Distributions of Temporary Investment Income

  • Temporary Investments The Adviser shall, in its sole discretion, temporarily place proceeds from offerings by the Company into short term, highly liquid investments which, in its reasonable judgment, afford appropriate safety of principal during such time as it is determining the composition and allocation of the portfolio of the Company and the nature, timing and implementation of any changes thereto pursuant to Section 1(b); provided however, that the Adviser shall be under no fiduciary obligation to select any such short-term, highly liquid investment based solely on any yield or return of such investment. The Adviser shall cause any proceeds of the offering of Company securities not committed for investment within the later of two years from the date of effectiveness of the Registration Statement or one year from termination of the offering, unless a longer period is permitted by the applicable State Administrator, to be paid as a distribution to the stockholders of the Company as a return of capital without deduction of Front End Fees (as defined below).

  • Distributions of Special Payments 25 SECTION 2.5. DESIGNATED REPRESENTATIVES...................................................................... 28 SECTION 2.6. CONTROLLING PARTY............................................................................... 29 ARTICLE III RECEIPT, DISTRIBUTION AND APPLICATION OF AMOUNTS RECEIVED........................................... 31

  • Distributions of Net Cash Flow The Net Cash Flow of the Partnership for each calendar year, shall be distributed to the Partners from time to time, in the discretion of the General Partner, in accordance with the Percentage Interests of the Partners.

  • Limited Distributions of Income from Trust Account (a) Upon written request from the Company, which may be given from time to time in a form substantially similar to that attached hereto as Exhibit C, the Trustee shall distribute to the Company the amount of interest income earned on the Trust Account requested by the Company to cover any income or other tax obligation owed by the Company.

  • Distributions; Investments Directly or indirectly acquire or own any Person, or make any Investment in any Person, other than Permitted Investments, or permit any of its Subsidiaries to do so. Pay any dividends or make any distribution or payment or redeem, retire or purchase any capital stock.

  • Distributions Upon Income Inclusion Under Section 409A of the Code Upon the inclusion of any portion of the benefits payable pursuant to this Agreement into the Executive’s income as a result of the failure of this non-qualified deferred compensation plan to comply with the requirements of Section 409A of the Code, to the extent such tax liability can be covered by the Executive’s vested accrued liability, a distribution shall be made as soon as is administratively practicable following the discovery of the plan failure.

  • Distributions Generally (a) Subject to Section 7.01 respecting the final distribution on the Certificates, on each Distribution Date the Trustee or the Paying Agent shall make distributions in accordance with this Article V. Such distributions shall be made by check mailed to each Certificateholder's address as it appears on the Certificate Register of the Certificate Registrar or, upon written request made to the Securities Administrator at least five Business Days prior to the related Record Date by any Certificateholder owning an aggregate initial Certificate Principal Amount of at least $1,000,000, or in the case of a Class of Interest-Only Certificates or Residual Certificate, a Percentage Interest of not less than 100%, by wire transfer in immediately available funds to an account specified in the request and at the expense of such Certificateholder; provided, however, that the final distribution in respect of any Certificate shall be made only upon presentation and surrender of such Certificate at the Certificate Registrar's Corporate Trust Office; provided, further, that the foregoing provisions shall not apply to any Class of Certificates as long as such Certificate remains a Book-Entry Certificate in which case all payments made shall be made through the Clearing Agency and its Clearing Agency Participants. Wire transfers will be made at the expense of the Holder requesting such wire transfer by deducting a wire transfer fee from the related distribution. Notwithstanding such final payment of principal of any of the Certificates, each Residual Certificate will remain outstanding until the termination of each REMIC and the payment in full of all other amounts due with respect to the Residual Certificates and at such time such final payment in retirement of any Residual Certificate will be made only upon presentation and surrender of such Certificate at the Certificate Registrar's Corporate Trust Office. If any payment required to be made on the Certificates is to be made on a day that is not a Business Day, then such payment will be made on the next succeeding Business Day.

Time is Money Join Law Insider Premium to draft better contracts faster.