Certain DRO Obligations. If a DRO Partner has agreed and is obligated to restore the deficit balance in such Partner’s Capital Account upon the occurrence of certain events, and such obligation is inconsistent with the allocation of Net Losses that otherwise would apply to such Partner as a DRO Partner pursuant to this Article VI (for example, because the DRO Partner has agreed to bear Net Losses in a manner pari passu with the General Partner), the General Partner shall make such revisions to this Article VI as it deems necessary to reflect the terms of such obligation, including with respect to the order of allocation of Net Losses with respect to such Partner. Such revisions shall not require the consent or approval of any other Partner.
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Samples: Limited Partnership Agreement (Education Realty Operating Partnership L P), Limited Partnership Agreement (Pillarstone Capital Reit), Limited Partnership Agreement (Whitestone REIT)
Certain DRO Obligations. If a DRO Partner has agreed and is obligated to restore the deficit balance in such Partner’s Capital Account upon the occurrence of certain events, and such obligation is inconsistent with the allocation of Net Losses that otherwise would apply to such Partner as a DRO Partner pursuant to this Article ARTICLE VI (for example, because the DRO Partner has agreed to bear Net Losses in a manner pari passu with the General Partner), the General Partner shall make such revisions to this Article ARTICLE VI as it deems necessary to reflect the terms of such obligation, including with respect to the order of allocation of Net Losses with respect to such Partner. Such revisions shall not require the consent or approval of any other Partner.
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