Common use of Allocations of Losses Clause in Contracts

Allocations of Losses. (a) After giving effect to the special allocations set forth in Sections 8.6 and 8.7, Losses (including Capital Transaction Losses, which shall be computed and allocated separately with respect to each property) shall be allocated among the Partners as follows:

Appears in 9 contracts

Samples: Assignment and Assumption Agreement (Hines Real Estate Investment Trust Inc), Management and Leasing Agreement (Hines Real Estate Investment Trust Inc), Assignment and Assumption Agreement (Hines Real Estate Investment Trust Inc)

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Allocations of Losses. (a) After giving effect to the special allocations set forth in Sections 8.6 and 8.7, Losses (including Capital Transaction Losses, which shall be computed and allocated separately with respect to each property) shall be allocated among the Partners as follows:: (i) Each Partner that is not an Unaffiliated Limited Partner shall be allocated Losses in an amount equal to the Percentage Interest attributable to such Partner’s Partnership Units, multiplied by the total amount of such Losses. 57

Appears in 1 contract

Samples: www.sec.gov

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