Distribution Equivalent Right

Distribution Equivalent Right. Or "DER" means a contingent right to receive an amount in cash, Units, Restricted Units and/or Phantom Units equal in value to the distributions made by the Partnership with respect to a Unit during the period such Award is outstanding.

Distribution Equivalent Right. A contingent right, granted alone or in tandem with a specific Award (other than a Restricted Unit or Unit Award) under Section 6(g) hereof, to receive with respect to each Unit subject to the Award an amount in cash, Units and/or Phantom Units, as determined by the Committee in its sole discretion, equal in value to the distributions made by the Partnership with respect to a Unit during the period such Award is outstanding.

Distribution Equivalent Right. Or "DER" means a contingent right to receive an amount in cash at such times as set forth in an Award Agreement or as determined by the Committee, Units, Restricted Units and/or Phantom Units equal in value to the distributions made by the Partnership with respect to a Unit during the period such Award is outstanding.

Distribution Equivalent Right. A right to receive cash, Units or other property based on the value of distributions that are paid with respect to Units