Payment of DERs. The Participant is entitled to receive from the GP, with respect to each Phantom Unit that has not either vested or been forfeited, cash payments equal to the distributions per Unit made by the Partnership on its outstanding Units, in each case promptly following (and in no event more than 30 days after) each such distribution made by the Partnership. Upon the forfeiture or vesting of the underlying Phantom Unit, the associated DER will automatically expire and no further payments shall be made with respect to such DER, except with respect to amounts not yet paid with respect to distributions on Units made prior to the date of such forfeiture or vesting.
Payment of DERs. Such vested DERs shall be paid directly to the Executive in the form of a cash payment at the time that all other members of the Company receive distributions in relation to Units.
Payment of DERs. The Participant will be entitled to receive, with respect to each common unit subject to the Award described above that has not otherwise vested or been forfeited, a cash payment equal to the cash distribution per common unit made by the Partnership on its outstanding common units, in each case promptly following each such distribution made by the Partnership.
Payment of DERs. Upon the payment of any cash distribution on Units of the Company, with respect to each Performance Unit granted hereunder, the dollar amount of such distributions with respect to the number of Units then underlying the Target Performance Units shall be increased by a number of Units equal to the value of the cash distribution divided by the Fair Market Value of a Unit on the ex-dividend date and such increased amount of Units shall be deemed the Target Performance Units. The number of Target Performance Units, as so increased, shall be eligible for adjustment based on subsequent dividends or distributions. 11.
Payment of DERs. The Participant is entitled to receive from the Partnership, with respect to each Restricted Unit that has not either vested or been forfeited, DERs equal to the distributions per common unit made by the Partnership on its outstanding common units, in each case promptly following each such distribution made by the Partnership. Upon the forfeiture or vesting of the underlying Restricted Unit, the associated DER will automatically expire and no further payments shall be made with respect to such DER, except with respect to amounts not yet paid with respect to distributions on Units made prior to the date of such forfeiture or vesting.
Payment of DERs. On or as soon as reasonably practical (and not later than 30 days) following each Distribution Date, you will receive, with respect to each DER that remains credited to you on such Distribution Date, a cash payment from the Company in an amount equal to the cash distribution paid with respect to a Common Unit on that Distribution Date, provided that any DERs payable to you with respect to a Record Date that precedes your termination of employment shall in all events be paid to you no later than 60 days following such Record Date.
Payment of DERs. No DERs shall be paid with respect to the Phantom Units granted hereunder.
Payment of DERs. As noted above, the Participant is entitled to receive from the Partnership, with respect to each Restricted Unit that has not either vested or been forfeited, DERs. Upon the forfeiture or vesting of the underlying Restricted Unit, the associated DER will automatically expire and no further payments shall be made with respect to such DER, except with respect to amounts not yet paid with respect to distributions on Restricted Units made prior to the date of such forfeiture or vesting.
Payment of DERs. This Award includes tandem distribution equivalent rights (“DERs”), entitling the Participant to receive a quarterly cash distribution on each unvested and unforfeited Restricted Unit subject to this Award, in an amount equal to the cash distribution per Unit made by the Partnership on its issued and outstanding Units each quarter, during the period in which this Award is outstanding. Payment in respect of DERs will be made promptly following each quarterly cash distribution made by the Partnership on its issued and outstanding Units.
Payment of DERs. Unless otherwise provided in Exhibit A, no DERs shall be paid with respect to the Phantom Units granted hereunder.
