Before the GP can replenish an LP’s **Unused Capital Commitment** with recycled distributions, these conditions generally must be met:

- the **LPA must expressly permit recycling**
- the LP must have received **cumulative distributions at least equal to that LP’s aggregate capital contributions** to the fund
- any recycling must stay within the stated **Recycled Amount cap**
- if the LPA limits timing, recycling must occur **during the investment period or other permitted window**

This is typically tracked **LP by LP**, not just at the fund level.

References:
- https://decilehub.com/base/1-general_questions/163986-under-what-circumstances-can-realized-proceeds-be-recycled-into-new-investments
- https://decilehub.com/base/1-general_questions/164012-what-is-the-recycling-provision-in-cornerstone-lpa-and-what-limits-apply-to-recycling-management-fees-or-early-distributions-back-into-follow-on-investments