Common use of Distributions and Allocations of Profits and Losses Clause in Contracts

Distributions and Allocations of Profits and Losses. (a) The Participant shall be entitled to receive distributions and allocations of Profits and Losses with respect to the LTIP Units to the extent provided for in the Partnership Agreement, as modified hereby.

Appears in 5 contracts

Samples: Time Based Ltip Unit Agreement (SmartStop Self Storage REIT, Inc.), Performance Based Ltip Unit Agreement (SmartStop Self Storage REIT, Inc.), Time Based Ltip Unit Agreement (SmartStop Self Storage REIT, Inc.)

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Distributions and Allocations of Profits and Losses. (a) The Participant shall be entitled to receive distributions and allocations of Profits and Losses with respect to the AO LTIP Units to the extent provided for in the Partnership AgreementAgreement as if such AO LTIP Units were Partnership Common Units, as modified hereby.

Appears in 2 contracts

Samples: Ao Ltip Unit Award Agreement (Silver Star Properties Reit, Inc), Ao Ltip Unit Award Agreement (Silver Star Properties Reit, Inc)

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