Common use of Distribution Limitation Clause in Contracts

Distribution Limitation. Notwithstanding any other provision in this Article 5, the General Partner shall have the power, in its reasonable discretion, to adjust the distributions to the Special Limited Partner to the extent necessary to avoid violations of the “2%/25% Guidelines” as described in the Advisory Agreement.

Appears in 13 contracts

Samples: Agreement (Steadfast Apartment REIT III, Inc.), Agreement (Steadfast Apartment REIT III, Inc.), Steadfast Apartment REIT, Inc.

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Distribution Limitation. Notwithstanding any other provision in this Article 5, the General Partner shall have the power, in its reasonable discretion, to adjust the distributions to the Special Limited General Partner to the extent necessary to avoid violations of the “2%/25% Guidelines” as described in the Advisory Agreement.

Appears in 11 contracts

Samples: Form of Agreement (Corporate Property Associates 18 Global Inc), Corporate Property Associates 17 - Global INC, Corporate Property Associates 18 Global Inc

Distribution Limitation. Notwithstanding any other provision in this Article 5, the General Partner shall have the power, in its reasonable discretion, to adjust the distributions to the Special Limited General Partner to the extent necessary to avoid violations of the "2%/25% Guidelines" as described in the Advisory Agreement.

Appears in 2 contracts

Samples: Carey Watermark Investors 2 Inc, Corporate Property Associates 17 - Global INC

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Distribution Limitation. Notwithstanding any other provision in this Article 5, the General Partner shall have the power, in its reasonable discretion, to adjust the distributions to the Special Limited Partner to the extent necessary to avoid violations of the “2%/25% Guidelines” as described in the Advisory Agreement.. ARTICLE 6

Appears in 1 contract

Samples: Steadfast Apartment REIT III, Inc.

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