Common use of Distributions When Class B Units Are Outstanding Clause in Contracts

Distributions When Class B Units Are Outstanding. If for any quarter or shorter period with respect to which a distribution is to be made (a "Distribution Period") Class B Units are outstanding on the Partnership Record Date for such Distribution Period, the General Partners shall (1) Class A shall receive that portion of the Available Cash (the "Class A Share") determined by multiplying the amount of Available Cash by the following fraction:

Appears in 2 contracts

Samples: Limited Partnership Agreement (Equity Office Properties Trust), Limited Partnership Agreement (Equity Office Properties Trust)

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Distributions When Class B Units Are Outstanding. If for any quarter or shorter period with respect to which a distribution is to be made (a "Distribution Period") Class B Units are outstanding on the Partnership Record Date for such Distribution Period, the General Partners shall (1) Class A Partner shall receive that portion of allocate the Available Cash (with respect to such Distribution Period available for distribution with respect to the "Class A Share"Units and Class B Units collectively between the Partners who are holders of Class A Units (“Class A”) determined by multiplying and the amount Partners who are holders of Available Cash by the following fractionClass B Units (“Class B”) as follows:

Appears in 1 contract

Samples: Limited Partnership Agreement (Broad Street Realty, Inc.)

Distributions When Class B Units Are Outstanding. If for any quarter or shorter period with respect to which a distribution is to be made (a "Distribution Period") Class B Units are outstanding on the Partnership Record Date for such Distribution Period, the General Partners shall (1) Class A Partner shall receive that portion of allocate the Available Cash with respect to such Distribution Period available for distribution with respect to the Class A Units and Class B Units collectively between the Partners who are holders of Class A Units (the "Class A ShareA") determined by multiplying and the amount Partners who are holders of Available Cash by the following fractionClass B Units ("Class B") as follows:

Appears in 1 contract

Samples: Limited Partnership Agreement (National Health Realty Inc)

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Distributions When Class B Units Are Outstanding. If for any quarter or shorter period with respect to which a distribution is to be made pursuant to Section 5.1.A. (a "Distribution Period") Class B Units are outstanding on the Partnership Record Date for such Distribution Period, the General Partners shall (1) Class A Partner shall receive that portion of allocate the Available Cash (with respect to such Distribution Period available for distribution with respect to the "Class A Share"Units and Class B Units collectively between the Partners who are holders of Class A Units (“Class A”) determined by multiplying and the amount Partners who are holders of Available Cash by the following fractionClass B Units (“Class B”) as follows:

Appears in 1 contract

Samples: Master Combination Agreement (New York REIT, Inc.)

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