Common use of Allocation of Excess Nonrecourse Liabilities Clause in Contracts

Allocation of Excess Nonrecourse Liabilities. For purposes of determining a Holder’s proportional share of the “excess nonrecourse liabilities” of the Partnership within the meaning of Regulations Section 1.752-3(a)(3), each Holder’s respective interest in Partnership profits shall be equal to such Holder’s Percentage Interest with respect to Partnership Common Units, except as otherwise determined by the General Partner.

Appears in 36 contracts

Samples: Limited Partnership Agreement (Orion Office REIT Inc.), Limited Partnership Agreement (Indus Realty Trust, Inc.), Agreement of Limited Partnership (NewLake Capital Partners, Inc.)

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Allocation of Excess Nonrecourse Liabilities. For purposes of determining a Holder’s proportional share of the “excess nonrecourse liabilities” of the Partnership within the meaning of Regulations Section 1.752-3(a)(3), each Holder’s respective interest in Partnership profits shall be equal to such Holder’s Percentage Interest with respect to Partnership Common Units, except as otherwise determined by the General Partner.

Appears in 23 contracts

Samples: Limited Partnership Agreement (Creative Media & Community Trust Corp), Limited Partnership Agreement (Creative Media & Community Trust Corp), Limited Partnership Agreement (Parking REIT, Inc.)

Allocation of Excess Nonrecourse Liabilities. For purposes of determining a Holder’s proportional share of the “excess nonrecourse liabilities” of the Partnership within the meaning of Regulations Section 1.752-3(a)(3), each Holder’s respective interest in Partnership profits shall be equal to such Holder’s Percentage Interest with respect to share of Partnership Common Units, except as otherwise determined by the General Partner.

Appears in 8 contracts

Samples: Limited Partnership Agreement (Aimco Properties L.P.), Limited Partnership Agreement (Aimco OP L.P.), Limited Partnership Agreement (Apartment Income REIT Corp.)

Allocation of Excess Nonrecourse Liabilities. For purposes of determining a Holder’s proportional share of the “excess nonrecourse liabilities” of the Partnership within the meaning of Regulations Section section 1.752-3(a)(3), each Holder’s respective interest in Partnership profits shall be equal to such Holder’s Percentage Interest with respect to Partnership Common Units, except as otherwise determined by the General Partner.

Appears in 7 contracts

Samples: Limited Partnership Agreement (Perella Weinberg Partners), Agreement of Limited Partnership (Perella Weinberg Partners), Business Combination Agreement (FinTech Acquisition Corp. IV)

Allocation of Excess Nonrecourse Liabilities. For purposes of determining a Holder’s proportional share of the “excess nonrecourse liabilities” of the Partnership within the meaning of Regulations Section 1.752-3(a)(3), each Holder’s respective interest in Partnership profits shall be equal to such Holder’s Percentage Interest with respect to Partnership Common Units, except as otherwise determined by the General Partner.

Appears in 6 contracts

Samples: Agreement of Limited Partnership (CyrusOne Inc.), Limited Partnership Agreement (Avenue N Holdings LLC), Agreement of Limited Partnership (CareTrust REIT, Inc.)

Allocation of Excess Nonrecourse Liabilities. For purposes of determining a Holder’s proportional share of the “excess nonrecourse liabilities” of the Partnership within the meaning of Regulations Section 1.752-3(a)(3), each Holder’s respective interest in Partnership profits shall be equal to such Holder’s Percentage Interest with respect to Partnership Common UnitsUnits (treating LTIP Units as Partnership Common Units for this purpose), except as otherwise determined by the General Partner.

Appears in 6 contracts

Samples: Limited Partnership Agreement (City Office REIT, Inc.), Contribution Agreement (City Office REIT, Inc.), Contribution Agreement (City Office REIT, Inc.)

Allocation of Excess Nonrecourse Liabilities. For Except as provided in Section 9.5, for purposes of determining a Holder’s proportional share of the “excess nonrecourse liabilities” of the Partnership within the meaning of Regulations Section 1.752-3(a)(3), each Holder’s respective interest in Partnership profits shall be equal to such Holder’s Percentage Interest with respect to Partnership Common Units and/or GP Units, except as otherwise determined by the General Partner.

Appears in 4 contracts

Samples: Limited Partnership Agreement (Blue Owl Capital Inc.), Limited Partnership Agreement (Blue Owl Capital Inc.), Limited Partnership Agreement (Blue Owl Capital Inc.)

Allocation of Excess Nonrecourse Liabilities. For purposes of determining a Holder’s proportional share of the “excess nonrecourse liabilities” of the Partnership within the meaning of Regulations Section 1.752-3(a)(3), each Holder’s respective interest in Partnership profits shall be equal to such Holder’s Percentage Interest with respect to Partnership Common UnitsInterest, except as otherwise determined by the General Partner.

Appears in 4 contracts

Samples: Limited Partnership Agreement (Guide Holdings Inc), Limited Partnership Agreement (Silver Bay Realty Trust Corp.), Limited Partnership Agreement (Silver Bay Realty Trust Corp.)

Allocation of Excess Nonrecourse Liabilities. For purposes of determining a Holder’s 's proportional share of the "excess nonrecourse liabilities" of the Partnership within the meaning of Regulations Section 1.752-3(a)(3), each Holder’s respective 's interest in Partnership profits shall be equal to such Holder’s Percentage Interest with respect to 's share of Partnership Common Units, except as otherwise determined by the General Partner.

Appears in 3 contracts

Samples: Limited Partnership Agreement (Northstar Capital Investment Corp /Md/), Limited Partnership Agreement (Fortress Investment Corp), Agreement of Limited Partnership (Newcastle Investment Corp)

Allocation of Excess Nonrecourse Liabilities. For purposes of determining a Holder’s 's proportional share of the “excess nonrecourse liabilities” of the Partnership within the meaning of Regulations Section 1.752-3(a)(3), each Holder’s 's respective interest in Partnership profits shall be equal to such Holder’s 's Percentage Interest with respect to Partnership Common Units, except as otherwise determined by the General Partner.

Appears in 3 contracts

Samples: Limited Partnership Agreement (Rexford Industrial Realty, Inc.), Agreement of Limited Partnership (Rexford Industrial Realty, Inc.), Limited Partnership Agreement (Rexford Industrial Realty, Inc.)

Allocation of Excess Nonrecourse Liabilities. For purposes of determining a Holder’s 's proportional share of the "excess nonrecourse liabilities" of the Partnership within the meaning of Regulations Section 1.752-3(a)(3), each Holder’s respective interest in Partnership profits 's proportionate share shall be equal to such Holder’s Percentage Interest with respect to Partnership Common Units, except the same as otherwise determined by the General Partnerthat applied under Regulations Section 1.752-3(a)(2).

Appears in 2 contracts

Samples: Agreement of Limited Partnership (Hammons John Q Hotels Inc), Limited Partnership Agreement (Hammons John Q Hotels Inc)

Allocation of Excess Nonrecourse Liabilities. For purposes of determining a Holder’s proportional share of the “excess nonrecourse liabilities” of the Partnership within the meaning of Regulations Section section 1.752-3(a)(3), each Holder’s respective interest in Partnership profits shall be equal to such Holder’s Percentage Interest with respect to Partnership Class A Common Units, except as otherwise determined by the General Partner.

Appears in 2 contracts

Samples: Limited Partnership Agreement (Rush Street Interactive, Inc.), Business Combination Agreement (dMY Technology Group, Inc.)

Allocation of Excess Nonrecourse Liabilities. For purposes of determining a Holder’s proportional share of the “excess nonrecourse liabilities” of the Partnership Company within the meaning of Regulations Section 1.752-3(a)(3), each Holder’s respective interest in Partnership Company profits shall be equal to such Holder’s Percentage Interest with respect to Partnership Common Units, except as otherwise determined by the General PartnerBoard.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Mobile Infrastructure Corp), Agreement and Plan of Merger (Mobile Infrastructure Corp)

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Allocation of Excess Nonrecourse Liabilities. For purposes of determining a Holder’s 's proportional share of the "excess nonrecourse liabilities" of the Partnership within the meaning of Regulations Section 1.752-3(a)(3), each Holder’s 's respective interest in Partnership profits shall be equal to such Holder’s 's Percentage Interest with respect to Partnership Common Units, except as otherwise determined by the General Partner.

Appears in 2 contracts

Samples: Limited Partnership Agreement (Hartman Short Term Income Properties XX, Inc.), Limited Partnership Agreement (Douglas Emmett Inc)

Allocation of Excess Nonrecourse Liabilities. For purposes of determining a Holder’s proportional share of the “excess nonrecourse liabilities” of the Partnership within the meaning of Regulations Section 1.752-3(a)(3), each Holder’s respective interest in Partnership profits shall be equal to such Holder’s Percentage Interest with respect to Partnership Common Units, except as otherwise determined by the General Partner.

Appears in 1 contract

Samples: Limited Partnership Agreement (Five Point Holdings, LLC)

Allocation of Excess Nonrecourse Liabilities. For purposes of determining a Holder’s 's proportional share of the "excess nonrecourse liabilities" of the Partnership within the meaning of Regulations Section section 1.752-3(a)(3), each Holder’s 's respective interest in Partnership profits shall be equal to such Holder’s 's Percentage Interest with respect to Partnership Class A Common Units, except as otherwise determined by the General Partner.

Appears in 1 contract

Samples: Business Combination Agreement (dMY Technology Group, Inc.)

Allocation of Excess Nonrecourse Liabilities. For purposes of determining a Holder’s Partner's proportional share of the "excess nonrecourse liabilities" of the Partnership within the meaning of Regulations Section 1.752-3(a)(3), each Holder’s respective Partner's interest in Partnership profits shall be equal to such Holder’s its Percentage Interest with respect to Partnership Common Units, except as otherwise determined by the General PartnerInterest.

Appears in 1 contract

Samples: Limited Partnership Agreement (Kimco Realty Corp)

Allocation of Excess Nonrecourse Liabilities. For purposes of determining a Holder’s proportional share of the “excess nonrecourse liabilities” of the Partnership within the meaning of Regulations Section 1.752-3(a)(3), each Holder’s respective interest in Partnership profits shall be equal to such Holder’s Percentage Interest with respect to share of Partnership Common Units, except as unless otherwise determined by agreed to between the General PartnerPartner and a particular Holder (and such allocation would not reduce the allocation to any other Holder not a party to such agreement).

Appears in 1 contract

Samples: Agreement of Limited Partnership (New Plan Excel Realty Trust Inc)

Allocation of Excess Nonrecourse Liabilities. For purposes of -------------------------------------------- determining a Holder’s 's proportional share of the "excess nonrecourse liabilities" of the Partnership within the meaning of Regulations Section 1.752-1.752- 3(a)(3), each Holder’s 's and each Investor's respective interest in Partnership profits shall be equal to such Holder’s Percentage Interest with respect to 's share and each Investor's share of the aggregate sum of Partnership Common Units, except as otherwise determined by the General PartnerUnits and Investor Unit Rights.

Appears in 1 contract

Samples: Limited Partnership Agreement (Westfield America Inc)

Allocation of Excess Nonrecourse Liabilities. For purposes of determining a Holder’s proportional share of the “excess nonrecourse liabilities” of the Partnership within the meaning of Regulations Section 1.752-3(a)(3), each Holder’s respective interest in Partnership profits shall be equal to such Holder’s Percentage Interest with respect to interest in the Partnership Common Units, except as otherwise determined by the General Partner.

Appears in 1 contract

Samples: Limited Partnership Agreement (MacKenzie Realty Capital, Inc.)

Allocation of Excess Nonrecourse Liabilities. For purposes of determining a Holder’s 's proportional share of the "excess nonrecourse liabilities" of the Partnership within the meaning of Regulations Section 1.752-3(a)(3), each Holder’s 's respective interest in Partnership profits shall be equal to such Holder’s Percentage Interest with respect to 's share of the aggregate sum of Partnership Common Units, except as otherwise determined by the General Partner.

Appears in 1 contract

Samples: Limited Partnership Agreement (Global Signal Inc)

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