Common use of Documentation of Adjustments to Participating Interests Clause in Contracts

Documentation of Adjustments to Participating Interests. An adjustment to a Participating Interest need not be evidenced during the term of this Agreement by the execution and recording of appropriate instruments, but each Participant’s Participating Interest shall be shown in the books of the Manager. However, either Participant, at any time upon the request of the other Participant, shall execute and acknowledge instruments necessary to evidence or effectuate such adjustment in a form sufficient for recording in the jurisdiction where the Properties are located.

Documentation of Adjustments to Participating Interests. An adjustment Adjustments to a the Participating Interest Interests need not be evidenced during the term of this Agreement by the execution and recording of appropriate instruments, but each Participant’s Participating Interest balance shall be shown in the books accounting records of the Manager. However, either Participant, at any time upon the request of the other Participant, shall execute and acknowledge instruments necessary to evidence or effectuate such adjustment adjustments in a form sufficient for filing and recording in the jurisdiction where the Properties are located.

Documentation of Adjustments to Participating Interests. An adjustment to a Participating Interest need not be evidenced during the term of this Agreement by the execution and recording of appropriate instruments, but each Participant’s Participating Interest shall be shown in the books of the Manager. However, either Participant, at any time upon the request of the other Participant, shall execute and acknowledge instruments necessary to evidence or effectuate such adjustment in a form sufficient for recording in the jurisdiction where the Properties Property are located.

Documentation of Adjustments to Participating Interests. An Except pursuant to Section 5.1, adjustment to a Participating Interest need not be evidenced during the term of this Agreement by the execution and recording of appropriate instrumentsinstruments in any public recording or registry system, but each Participant’s 's Participating Interest shall be as shown in the books of the Joint Venture as maintained by the Manager. However, either each Participant, at any time upon the request of the other Participant, shall execute and acknowledge any and all instruments necessary to evidence or effectuate such adjustment in a form sufficient for recording in the jurisdiction where the Properties are located.