Examples of Capital Proceeds in a sentence
Capital Proceeds are not expected to be distributed; provided that the General Partner may cause the Partnership to distribute all or some portion of Capital Proceeds in its sole discretion from time to time.
Distributions of Capital Proceeds shall be distributed and applied by the Manager to the Members pro rata in accordance with their Percentage Interests Representing Financial Rights.
Following the close of the Offering, the Net Capital Proceeds from a Capital Transaction Event shall be allocated and distributed in the same manner as Preferred Allocations and Distributions from Net Cash Flow.
Subject to Section 5.1(b) and 5.1(c), to the extent permitted by the Act, the Partnership may make additional distributions (including distributions of Capital Proceeds) to Partners at any time.
Subject to the Call Option, Net Capital Proceeds from a Capital Transaction Event shall be allocated and distributed as follows: First, upon a Capital Transaction Event, Class A Members are entitled to a priority return such that one hundred percent (100%) of the Net Capital Proceeds shall be distributed to the Class A Members, in proportion to their respective Class A Interests, until each Class A Member’s unpaid Preferred Return, if any, is paid.