Distributions of Available Cash

12 Months Ended

Sep. 24, 2022

Distributions Made to Members or Limited Partners [Abstract]

5. Distributions of Available Cash

The Partnership makes distributions to its partners no later than 45 days after the end of each fiscal quarter in an aggregate amount equal to its Available Cash for such quarter. Available Cash, as defined in the Partnership Agreement, generally means all cash on hand at the end of the respective fiscal quarter less the amount of cash reserves established by the Board of Supervisors in its reasonable discretion for future cash requirements. These reserves are retained for the proper conduct of the Partnership’s business, the payment of debt principal and interest and for distributions during the next four quarters.

The following summarizes the quarterly distributions per Common Unit declared and paid in respect of each of the quarters in the last three fiscal years:


	Fiscal		Fiscal		Fiscal
	2022		2021		2020
First Quarter	$	0.3250	$	0.3000	$	0.6000
Second Quarter		0.3250		0.3000		0.6000
Third Quarter		0.3250		0.3250		0.3000
Fourth Quarter		0.3250		0.3250		0.3000