Common use of Distributions Not in Connection With Dissolution Clause in Contracts

Distributions Not in Connection With Dissolution. Distribution of Extraordinary Receipts not generated in connection with an event of dissolution shall be made as follows: first, to the establishment of any reserve approved by the Venturers; and second, to the Venturers based on their respective Distribution Percentage Interests.

Appears in 4 contracts

Samples: Joint Venture Partnership Agreement (Wells Real Estate Fund Xiii L P), Joint Venture Agreement (Wells Real Estate Investment Trust Inc), Joint Venture Agreement (Wells Real Estate Investment Trust Inc)

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Distributions Not in Connection With Dissolution. Distribution of Extraordinary Receipts not generated in connection with an event of dissolution shall be made as follows: first, to the establishment of any ----- reserve approved by the Venturers; and second, to the Venturers based on their ------ respective Distribution Percentage Interests.

Appears in 4 contracts

Samples: Joint Venture Partnership Agreement (Wells Real Estate Fund Xii Lp), Joint Venture Partnership Agreement (Wells Real Estate Investment Trust Inc), Joint Venture Partnership Agreement (Wells Real Estate Investment Trust Inc)

Distributions Not in Connection With Dissolution. Distribution of Extraordinary Receipts not generated in connection with an event of dissolution shall be made as follows: first, to the establishment of any ----- reserve approved by the Venturers; and second, to the Venturers based on their ------ respective Distribution Percentage Interests.. (ii)

Appears in 1 contract

Samples: Joint Venture Partnership Agreement

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Distributions Not in Connection With Dissolution. Distribution of ------------------------------------------------ Extraordinary Receipts not generated in connection with an event of dissolution shall be made as follows: first, to the establishment of any reserve approved ----- by the Venturers; and second, to the Venturers based on their respective ------ Distribution Percentage Interests.

Appears in 1 contract

Samples: Joint Venture Agreement (Wells Real Estate Fund Xi L P)

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