Additional Distributions. Seller agrees that upon the request of Related, Seller will join with Related and the Related GPs in causing the applicable Partnerships to distribute to Related or the Related GPs or their assignee the amounts set forth on Schedule 5.7 hereto. The Purchase Price set forth in Section 1.2 will be reduced dollar-for-dollar to the extent any such payments are assigned by Related or the Related GPs to Seller and actually paid to Seller prior to or at the Closing ("Additional Distributions"). In addition to the potential distributions set forth on Schedule 5.7 hereto, if C+R receives additional cash as a result of property sales after the date hereof, at Related's request Seller will join with Related and the applicable Related GP in causing C+R to distribute up to $461,588 to the applicable Related GP (or its assignee).
Appears in 6 contracts
Samples: Purchase Agreement (Freedom Tax Credit Plus Lp), Purchase Agreement (Liberty Tax Credit Plus Iii Lp), Purchase Agreement (Liberty Tax Credit Plus Lp)
