Common use of DISPOSITION PROCEEDS Clause in Contracts

DISPOSITION PROCEEDS. Disposition Proceeds (less reasonable reserves set aside by the General Partner for reasonably anticipated expenses or needs of the Partnership) shall be distributed to the holders of Common Partnership Interests in accordance with their respective Common Percentage Interests in the Partnership.

Appears in 9 contracts

Samples: Limited Partnership Agreement (Ashford Hospitality Prime, Inc.), Limited Partnership Agreement (Ashford Hospitality Prime, Inc.), Agreement of Limited Partnership (Ashford Hospitality Trust Inc)

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DISPOSITION PROCEEDS. Disposition Proceeds (less reasonable reserves set aside by the General Partner for reasonably anticipated expenses or needs of the Partnership) shall be distributed to the holders of Common Partnership Interests Partners in accordance with their respective Common Percentage Interests in the Partnership.

Appears in 4 contracts

Samples: Agreement of Limited Partnership (Innsuites Hospitality Trust), Limited Partnership Agreement (Realty Refund Trust), Agreement of Limited Partnership (Boykin Lodging Trust Inc)

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