Common use of Change in Percentage Interests Clause in Contracts

Change in Percentage Interests. In the event any Partner's Percentage Interest changes during a fiscal year for any reason, including without limitation, the Transfer of any interest in the Partnership, the tax allocations contained in this Exhibit B shall be applied as necessary to reflect the varying interests of the Partners during such year.

Appears in 10 contracts

Samples: Agreement of Limited Partnership (Kramont Realty Trust), Contribution Agreement (Tower Realty Trust Inc), Agreement of Limited Partnership (American Spectrum Realty Inc)

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Change in Percentage Interests. In the event any Partner's Percentage Interest changes during a fiscal year for any reason, including without limitation, the Transfer of any interest in the Partnership, the tax allocations contained in this Exhibit B Appendix II shall be applied as necessary to reflect the varying interests of the Partners during such year.

Appears in 5 contracts

Samples: Limited Partnership Agreement (Mission West Properties Inc), Limited Partnership Agreement (Mission West Properties Inc), Limited Partnership Agreement (Mission West Properties Inc)

Change in Percentage Interests. In the event any Partner's Percentage Interest changes during a fiscal year for any reasonreason (except by reason of Section 4.1C), including without limitation, the Transfer of any interest in the Partnership, the tax allocations contained in this Exhibit B shall be applied as necessary to reflect the varying interests of the Partners during such year. In the event any Partner's Percentage Interest changes by reason of Section 4.1C, the principles of subparagraph 1(c) of this Exhibit B shall be applied.

Appears in 3 contracts

Samples: Limited Partnership Agreement (Kramont Realty Trust), Merger Agreement (Kranzco Realty Trust), Merger Agreement (Cv Reit Inc)

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Change in Percentage Interests. In the event any Partner's ------------------------------ Percentage Interest changes during a fiscal year for any reason, including without limitation, the Transfer of any interest in the Partnership, the tax allocations contained in this Exhibit B shall be applied as necessary to reflect the varying interests of the Partners during such year.

Appears in 1 contract

Samples: Limited Partnership Agreement (Meristar Hospitality Corp)

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