the Defaulted Amount, as contemplated by Section 5.4(b) and/or (is) if the Defaulted Amount was to be used to fund a Portfolio Investment, offer to the Non-Defaulting Partners, subject to such timing and other conditions as the General Partner may impose, the opportunity to co-invest (other than in their capacity as Partne

nses specified in clause (ii) of the first sentence of this Section 5.7(d) or in Section 5.7(e), plus any interest thereon, shall be distributed to the Non-Defaulting Partners in proportion to their Commitments, provided that no Non-Defaulting Partner shall receive a distribution in respect of a Portfolio Investment with