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: Ashford Hospitality Prime, Inc., Ashford Hospitality Trust Inc, Ashford Hospitality Prime, 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: Initial and Corporate (Innsuites Hospitality Trust), Boykin Lodging Trust Inc, Boykin Lodging Co

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