(iii) If the General Partner receives any profit or other funds resulting from the Partnership Assets that are not included in the Disposition Profits or Other Profits and not related to a Portfolio Investment (“Special Profits”), the General Partner shall not be required to distribute such Special Profits at the time when it is received and may distribute funds in portions of the Special Profits that the General Partner deems, in its discretion, appropriate, to the Interested Partners, in proportion to (x) in the case of a Partner, its Interest Amount, or (y) in the case of a Withdrawing Partner, its Interest Amount at the time of its withdrawal, on such date as the General Partner, in its discretion, designate.発音を聞く 例文帳に追加

③ 無限責任組合員は、組合財産に関して生じたポートフォリオ投資に関連しない収益その他の金銭（以下「特別収益」という。）を受領したときは、受領の都度これを分配することを要しないものとし、無限責任組合員がその裁量により指定する日において、特別収益のうち無限責任組合員がその裁量により適切と考える額に相当する金銭を、組合員についてはその持分金額、脱退組合員については当該脱退組合員の脱退当時の持分金額の各金額に応じ按分した上、分配することができるものとする。 - 経済産業省

(i) If t he General Partner receives funds (“Disposition Profits”) from a sale or other disposition, redemption, cancellation, purchase, refund or repayment (collectively, a “Disposition”) of Portfolio Securities and/or Portfolio Intellectual Property in respect of a Portfolio Investment, the General Partner shall distribute to the Participating Interested Partners (as defined below) in respect of such Portfolio Investment the balance of such Disposition Profits after the deduction of the sum of (x) the total amount of: (a) costs and expenses, if any, and taxes and other public duties, if any, required for the Disposition and (b) expenses of the Partnership concerning such Portfolio Investment, if any, due and payable at the time of the Disposition; and (y) the amount of any incentive fee, if any, pursuant to paragraph (4) of this Article, in proportion to the respective Percentage Interests of such Participating Interested Partners, on such date as the General Partner, in its discretion, designates within [_] months from receipt of such funds (provided that, for a Withdrawing Partner, the distribution shall be based on its Percentage Interests at the time of its withdrawal). “Participating Interested Partners” means, in respect of a Portfolio Investment, the Interested Partners who made contribution in such Portfolio Investment.発音を聞く 例文帳に追加

① 無限責任組合員は、あるポートフォリオ投資に係る投資証券等及び／又は投資知的財産権について売却その他の処分、償還、消却、買受け、払戻し、又は弁済がなされること（以下「処分等」と総称する。）により金銭（以下「処分収益」という。）を受領したときは、かかる金銭の受領後［ ］ヶ月以内の無限責任組合員がその裁量により指定する日において、当該ポートフォリオ投資に係る対象組合員等（以下に定義する。）に対し、当該処分収益から、処分等に要した諸費用（もしあれば）及び公租公課（もしあれば）並びに当該処分等の時において支払期限が到来していた当該ポートフォリオ投資に係る本組合の費用（もしあれば）の合計額を控除した上、本条第4 項の定めに従い成功報酬（もしあれば）の額を控除した残額に相当する金銭を、当該各対象組合員等の対象持分割合（但し、脱退組合員については当該脱退組合員の脱退当時を基準とする。）に応じて按分した割合により分配するものとする。「対象組合員等」とは、あるポートフォリオ投資について、当該ポートフォリオ投資に関し出資をした組合員等をいう。 - 経済産業省

(ii) If the General Partner receives funds (“Other Profits”) in the form of dividends, interests, royalties, or other profits (excluding those included in Disposition Profits) in respect of Portfolio Securities and/or Portfolio Intellectual Property relating to a Portfolio Investment, the General Partner shall distribute to theParticipating Interested Partners in respect of such Portfolio Investment the balance of such Other Profits after the deduction of: (x) the sum of (a) costs and expenses, if any, and taxes and other public duties, if any, required to receive such Other Profits and (b) expenses of the Partnership concerning such Portfolio Investment, if any, due and payable at the time of the receipt of such Other Profits; and (y) the amount of any incentive fee, if any, pursuant to paragraph (4) of this Article, in proportion to their respective Percentage Interests of such Participating Interested Partners (provided that, for a Withdrawing Partner, the distribution shall be based on its Percentage Interest at the time of its withdrawal), on such date as the General Partner, in its discretion, designates within [_] months from the end of the business year in which the day of receipt of such funds falls.発音を聞く 例文帳に追加

② 無限責任組合員は、あるポートフォリオ投資に係る投資証券等及び／又は投資知的財産権に関して配当、利息、使用許諾料その他の収益に係る金銭（処分収益に含まれるものを除く。）（以下、「その他投資収益」という。）を受領したときは、かかる金銭を受領した日の属する事業年度の末日から［ ］ヶ月以内の無限責任合員がその裁量により指定する日において、当該ポートフォリオ投資に係る対象組合員等に対し、当該その他投資収益から、当該受領に要した諸費用（もしあれば）及び公租公課（もしあれば）並びに当該受領の時において支払期限が到来している当該ポートフォリオ投資に係る組合費用（もしあれば）の合計額を控除した上、本条第4 項の定めに従い成功報酬（もしあれば）の額を控除した残額に相当する金銭を、当該各対象組合員等の対象持分割合（但し、脱退組合員については当該脱退組合員の脱退当時を基準とする。）に応じて按分した割合により分配するものとする。 - 経済産業省

(3) In addition to distribution of funds prescribed in the preceding paragraph, if the General Partner reasonably determines that it is beneficial for the Partners to receive an in kind distribution of Portfolio Securities (including non-money consideration acquired by the Partnership from the Disposition of Portfolio Securities, in kind dividends or share splits) (the day of such determination being referred to as the “Reference Date”), the General Partner may, promptly after the Reference Date, distribute in kind to the Partners and any Withdrawing Partners their respective pro rata shares of the Portfolio Securities equivalent to the balance of the total amount of Value at the Time of Distribution of the Portfolio Securities after the deduction of (x) the total amount of costs and expenses, if any, and taxes and other public duties, if any, required for the distribution and (y) the amount of any incentive fee, if any, pursuant to paragraph (4) of this Article (which is, in the case where such incentive fee is paid in kind by the Portfolio Securities, the total amount of the Value at the Time of Distribution of such Portfolio Securities), in proportion to (a) in the case of a Partner, their respective Interest Amount or (b) in the case of a Withdrawing Partner, their respective Interest Amount at the time of the withdrawal of such Withdrawing Partner, to the extent allowed by Article 30. The General Partner may sell a portion of the Portfolio Securities that are to be distributed in order to pay costs, expenses, taxes and other public duties required for such distribution and to pay such incentive fee. In such case, the General Partner shall distribute to the Partners and any Withdrawing Partners the Portfolio Securities remaining after deducting the Portfolio Securities so sold or to be so sold. If the Portfolio Securities are not Marketable Securities, the General Partner shall send a document stating (i) the proposed in kind distribution and the reason therefor, (ii) a statement of Portfolio Securities to be distributed in kind, (iii) an assessment of the Value at the Time of Distribution as of the Reference Date and(iv) other matters as required to determine the appropriateness of the proposed distribution in kind, and shall be required to obtain an approval of the Limited Partners holding a Number of Partnership Units equal to [ ]% or more of the aggregate Number of Partnership Units of all of the Limited Partners. Article 49(1) shall apply mutatis mutandis to distribution by the General Partner pursuant to this paragraph.発音を聞く 例文帳に追加

3. 前項に規定する金銭の分配のほか、無限責任組合員は、投資証券等（投資証券等に係る処分等、現物配当、株式分割等により本組合が取得したもののうち金銭以外のものを含む。）を現物で分配することが組合員の利益に適うと合理的に判断する場合（かかる判断がなされた日を「現物分配基準日」という。）、組合員及び脱退組合員に対し、現物分配基準日後速やかに、当該投資証券等の分配時評価額の総額から、分配に要する諸費用（もしあれば）及び公租公課（もしあれば）の合計額を控除した上、本条第4 項に従い成功報酬（もしあれば）の額（成功報酬を投資証券等の現物で支払う場合には、当該投資証券等の分配時評価額の総額）を控除した残額に相当する当該投資証券等を、第30 条により認められる範囲において、組合員についてはその持分金額、脱退組合員については当該脱退組合員の脱退当時の持分金額の各金額に応じ按分をした上、それぞれ現物により分配することができるものとする。無限責任組合員は、分配に要する諸費用及び公租公課並びに成功報酬の支払いにあてるため、分配される投資証券等の一部を売却することができるものとし、かかる場合、当該売却に係る投資証券等を控除した後の当該投資証券等を組合員及び脱退組合員に対し分配するものとする。当該投資証券等が市場性のある有価証券ではない場合、無限責任組合員は、(ⅰ)現物分配を行う旨及びその理由、(ⅱ)現物分配する投資証券等の明細、(ⅲ)その現物分配基準日における分配時評価額の案、並びに(ⅳ)その他その適否を判断する上で必要な事項を記載した書面を送付した上、総有限責任組合員の出資口数の合計の［ ］分の［ ］以上に相当する出資口数を有する有限責任組合員の承認を取得しなければならないものとする。なお、第49 条第1 項は、本項に基づき無限責任組合員が行う分配に準用する。 - 経済産業省

(3) In addition to distribution of funds prescribed in the preceding paragraph, if the General Partner reasonably determines that it is beneficial for the Partners who have made contributions with respect to a Portfolio Investment to receive an in kind distribution of Portfolio Securities in respect of such Portfolio Investment (including non-money consideration acquired by the Partnership from a Disposition of, in kind dividends with respect to or share splits of Portfolio Securities) (the day of such determination being referred to as the “Reference Date”), the General Partner may, promptly after the Reference Date, distribute in kind to the Participating Interested Partners in respect of such Portfolio Investment their respective pro rata shares of the Portfolio Securities equivalent to the balance of the total amount of the Value at the Time of Distribution of the Portfolio Securities after the deduction of (x) the totalamount of costs and expenses, if any, and taxes and other public duties, if any, required for the distribution and (y) the amount of any incentive fee, if any, pursuant to paragraph (4) of this Article (in the case where such incentive fee is paid in kind by the Portfolio Securities, the total amount of the Value at the Time of Distribution of such Portfolio Securities), in proportion to their respective Percentage Interests (provided that, for a Withdrawing Partner, the distribution shall be based on its Percentage Interest at the time of its withdrawal), to the extent allowed by Article 30. The General Partner may sell a portion of the Portfolio Securities that are to be distributed in order to pay costs, expenses, taxes and other public duties required for such distribution and to pay such incentive fee. In such case, the General Partner shall distribute the Portfolio Securities remaining after deducting the Portfolio Securities so sold or to be so sold. If the Portfolio Securities are not Marketable Securities, the General Partner shall send a document stating (i) the proposed in kind distribution and the reason therefor, (ii) a statement of Portfolio Securities to be distributed in kind, (iii) an assessment of the Value at the Time of Distribution as of the Reference Date and (iv) other matters as required for determination of appropriateness of the proposed distribution in kind, and shall be required to obtain an approval of the Limited Partners holding interests equal to [ ]% or more of the total Percentage Interests of the Limited Partners who have made contributions to the Portfolio Investment. Article 49(1) shall apply mutatis mutandis to distribution by the General Partner pursuant to this paragraph.発音を聞く 例文帳に追加

3. 前項に規定する金銭の分配のほか、無限責任組合員は、あるポートフォリオ投資に係る投資証券等（投資証券等に係る処分等、現物配当、株式分割等により本組合が取得したもののうち金銭以外のものを含む。）を現物で分配することが当該ポートフォリオ投資に関し出資をした組合員の利益に適うと合理的に判断する場合（かかる判断がなされた日を「現物分配基準日」という。）、当該ポートフォリオ投資に係る対象組合員等に対し、現物分配基準日後速やかに、当該投資証券等の分配時評価額の総額から、分配に要する諸費用（もしあれば）及び公租公課（もしあれば）の合計額を控除した上、本条第4 項に従い成功報酬（もしあれば）の額（成功報酬を投資証券等の現物で支払う場合には、当該投資証券等の分配時評価額の総額）を控除した残額に相当する当該投資証券等を、第30 条により認められる範囲において、対象持分割合（但し、脱退組合員については当該脱退組合員の脱退当時を基準とする。）に応じ按分をした割合により、それぞれ現物により分配するとができるものとする。無限責任組合員は、分配に要する諸費用及び公租公課並びに成功報酬の支払いにあてるため、分配される投資証券の一部を売却することができるものとし、かかる場合、当該売却に係る投資証券等を控除した後の当該投資証券等を対象組合員等に対し分配するものとする。当該投資証券等が市場性のある有価証券ではない場合、無限責任組合員は、(ⅰ)現物分配を行う旨及びその理由、(ⅱ)現物分配する投資証券等の明細、(ⅲ)その現物分配基準日における分配時評価額の案、並びに(ⅳ)その他その適否を判断する上で必要な事項を記載した書面を送付した上、当該ポートフォリオ投資に関し出資をした有限責任組合員の対象持割合の合計の［ ］分の［ ］以上に相当する持分を有する有限責任組合員の承認を取得しなければならないものとする。なお、第49 条第1 項は、本項の規定に基づき無限責任組合員が行う分配に準用する。 - 経済産業省