Limitation on Allocation of Net Loss. To the extent that any allocation of Net Loss would cause or increase an Adjusted Capital Account Deficit as to any Holder, such allocation of Net Loss shall be reallocated (x) first, among the other Holders of Partnership Common Units in accordance with their respective Percentage Interests with respect to Partnership Common Units and (y) thereafter, among the Holders of other classes of Partnership Units as determined by the General Partner, subject to the limitations of this Section 6.4.A(vi).
Appears in 36 contracts
Samples: Limited Partnership Agreement (Rexford Industrial Realty, Inc.), Agreement of Limited Partnership (Rexford Industrial Realty, Inc.), Limited Partnership Agreement (Rexford Industrial Realty, Inc.)
Limitation on Allocation of Net Loss. To the extent that any allocation of Net Loss would cause or increase an Adjusted Capital Account Deficit as to any Holder, such allocation of Net Loss shall be reallocated (x) first, among the other Holders of Partnership Common Units in accordance with their respective Percentage Interests with respect to Partnership Common in Common-Equivalent Units and (y) thereafter, among the Holders of other classes of Partnership Units as determined by the General Partner, subject to the limitations of this Section 6.4.A(vi6.3.A(vi).
Appears in 23 contracts
Samples: Limited Partnership Agreement (Digital Realty Trust, L.P.), Agreement of Limited Partnership (Digital Realty Trust, L.P.), Agreement of Limited Partnership (Digital Realty Trust, L.P.)
Limitation on Allocation of Net Loss. To the extent that any allocation of Net Loss would cause or increase an Adjusted Capital Account Deficit as to any HolderPartner, such allocation of Net Loss shall be reallocated (x) first, among the other Holders of Partnership Common Units Partners in accordance with their respective Percentage Interests with respect to Partnership in Common Units and (y) thereafter, among the Holders of other classes of Partnership Units as determined by the General PartnerUnits, subject to the limitations of this Section 6.4.A(vi6.3.A(vi).
Appears in 21 contracts
Samples: Agreement of Limited Partnership (Prologis, L.P.), Limited Partnership Agreement (Amb Property Corp), Limited Partnership Agreement (Amb Property Lp)
Limitation on Allocation of Net Loss. To the extent that any allocation of Net Loss would cause or increase an Adjusted Capital Account Deficit as to any HolderPartner, such allocation of Net Loss shall be reallocated (x) first, among the other Holders of Partnership Common Units Partners in accordance with their respective Percentage Interests with respect to Partnership Common Units and (y) thereafter, among the Holders of other classes of Partnership Units as determined by the General PartnerInterests, subject to the limitations of this Section 6.4.A(vi6.3(vi).
Appears in 13 contracts
Samples: Limited Partnership Agreement (Carey Watermark Investors 2 Inc), Agreement of Limited Partnership (Corporate Property Associates 17 - Global INC), Agreement of Limited Partnership (Corporate Property Associates 18 Global Inc)
Limitation on Allocation of Net Loss. To the extent that any allocation of Net Loss would cause or increase an Adjusted Capital Account Deficit as to any Holder, such allocation of Net Loss shall be reallocated (x) first, among the other Holders of Partnership Common Units in accordance with their respective Percentage Interests with respect to Partnership Common Units and (y) thereafter, among the Holders of other classes of Partnership Units as determined by the General Partner, subject to the limitations of this Section 6.4.A(vi6.3.A(vi).
Appears in 12 contracts
Samples: Agreement of Limited Partnership (Vici Properties Inc.), Limited Partnership Agreement (Vici Properties Inc.), Limited Partnership Agreement (Hudson Pacific Properties, L.P.)
Limitation on Allocation of Net Loss. To the extent that any allocation of Net Loss would cause or increase an Adjusted Capital Account Deficit as to any HolderMember, such allocation of Net Loss shall be reallocated (x) first, among the other Holders of Partnership Common Units Members in accordance with their respective Percentage Interests with respect to Partnership Common Units and (y) thereafter, among the Holders of other classes of Partnership Units as determined by the General PartnerLLC Units, subject to the limitations of this Section 6.4.A(vi6.3.A(5).
Appears in 11 contracts
Samples: Limited Liability Company Agreement (Hcp, Inc.), Limited Liability Company Agreement (Health Care Property Investors Inc), Limited Liability Company Agreement (Health Care Property Investors Inc)
Limitation on Allocation of Net Loss. To the extent that any allocation of Net Loss would cause or increase an Adjusted Capital Account Deficit as to any Holder, such allocation of Net Loss shall be reallocated (x) first, among the other Holders of Partnership Common Units in accordance with their respective Percentage Interests with respect to Partnership Common Units and (y) thereafter, among the Holders of other classes of Partnership Units as determined by the General PartnerInterests, subject to the limitations of this Section 6.4.A(vi6.3.A(vi).
Appears in 10 contracts
Samples: Partnership Agreement (Thomas Properties Group Inc), Agreement of Limited Partnership (Digital Realty Trust, Inc.), Limited Partnership Agreement (Digital Realty Trust, Inc.)
Limitation on Allocation of Net Loss. To the extent that any allocation of Net Loss would cause or increase an Adjusted Capital Account Deficit as to any Holder, such allocation of Net Loss shall be reallocated (x) first, among the other Holders of Partnership Common Units in accordance with their respective Percentage Interests with respect to Partnership in Common Units and (y) thereafter, among the Holders of other classes of Partnership Units as determined by the General PartnerUnits, subject to the limitations of this Section 6.4.A(vi6.3.A(vi).
Appears in 9 contracts
Samples: Agreement of Limited Partnership (Amb Property Corp), Limited Partnership Agreement (Amb Property Corp), Limited Partnership Agreement (Amb Property Lp)
Limitation on Allocation of Net Loss. To the extent that any allocation of Net Loss would cause or increase an Adjusted Capital Account Deficit as to any HolderPartner, such allocation of Net Loss shall be reallocated (x) first, among the other Holders of Partnership Common Units Partners in accordance with their respective Percentage Interests with respect to Partnership Common Units and (y) thereafter, among the Holders of other classes of Partnership Units as determined by the General PartnerInterests, subject to the limitations of this Section 6.4.A(viParagraph 6.3(A)(vi).
Appears in 8 contracts
Samples: Limited Partnership Agreement (Tanger Properties LTD Partnership /Nc/), Limited Partnership Agreement (Tanger Properties LTD Partnership /Nc/), Limited Partnership Agreement (Tanger Properties LTD Partnership /Nc/)
Limitation on Allocation of Net Loss. To the extent that any allocation of Net Loss would cause or increase an Adjusted Capital Account Deficit as to any HolderHolder of Partnership Common Units, such allocation of Net Loss shall be reallocated (x) first, among the other Holders of Partnership Common Units in accordance with their respective Percentage Interests with respect to Partnership Common Units and (y) thereafter, among the Holders of other classes of Partnership Units as determined by the General PartnerUnits, subject to the limitations of this Section 6.4.A(vi6.3(c)(vi).
Appears in 7 contracts
Samples: Limited Partnership Agreement (NorthStar Realty Europe Corp.), Agreement of Limited Partnership (NorthStar Realty Europe Corp.), Limited Partnership Agreement (NorthStar Asset Management Group Inc.)
Limitation on Allocation of Net Loss. To the extent that any allocation of Net Loss would cause or increase an Adjusted Capital Account Deficit as to any Holder, such allocation of Net Loss shall be reallocated (x) first, among the other Holders of Partnership Membership Common Units in accordance with their respective Percentage Interests with respect to Partnership Common Units Interests, and (y) thereafter, among the Holders of other classes of Partnership Units Membership Units, as determined by the General PartnerManaging Member, subject to the limitations of this Section 6.4.A(vi6.3.B(vi).
Appears in 7 contracts
Samples: Limited Liability Company Agreement (BrightSpire Capital, Inc.), Limited Liability Company Agreement (Colony NorthStar Credit Real Estate, Inc.), Master Combination Agreement (NorthStar Real Estate Income II, Inc.)
Limitation on Allocation of Net Loss. To the extent that any allocation of Net Loss would cause or increase an Adjusted Capital Account Deficit as to any HolderHolder of Partnership Common Units, such allocation of Net Loss shall be reallocated (x) first, among the other Holders of Partnership Common Units in accordance with their respective Percentage Interests with respect to Partnership Common Units and (y) thereafter, among the Holders of other classes of Partnership Units as determined by the General PartnerUnits, subject to the limitations of this Section 6.4.A(vi6.3.B(vi).
Appears in 7 contracts
Samples: Limited Partnership Agreement (Apartment Investment & Management Co), Limited Partnership Agreement (Northstar Capital Investment Corp /Md/), Agreement of Limited Partnership (Newcastle Investment Corp)
Limitation on Allocation of Net Loss. To the extent that any allocation of Net Loss (or items of loss) would cause or increase an Adjusted Capital Account Deficit as to any Holder, such allocation of Net Loss (or items of loss) shall be reallocated (x) first, among the other Holders of Partnership Common Units in accordance with their respective Percentage Interests with respect to Partnership Common Units Interests, and (y) thereafter, among the Holders of other classes of Partnership Units Units, as determined by the General Partner, subject to the limitations of this Section 6.4.A(vi5.3(b)(vi).
Appears in 7 contracts
Samples: Limited Partnership Agreement (Perella Weinberg Partners), Agreement of Limited Partnership (Perella Weinberg Partners), Business Combination Agreement (FinTech Acquisition Corp. IV)
Limitation on Allocation of Net Loss. To the extent that any allocation of Net Loss would cause or increase an Adjusted Capital Account Deficit as to any HolderHolder of Partnership Units, such allocation of Net Loss shall be reallocated (x) first, among the other Holders of Partnership Common Units in accordance with their respective Percentage Interests with respect to Partnership Common Units and (y) thereafter, among the Holders of other classes of Partnership Units as determined by the General PartnerUnits, subject to the limitations of this Section 6.4.A(vi6.3.B(vi).
Appears in 6 contracts
Samples: Limited Partnership Agreement (Affordable Residential Communities Inc), Agreement of Limited Partnership (Arbor Realty Trust Inc), Agreement of Limited Partnership (Hilltop Holdings Inc.)
Limitation on Allocation of Net Loss. To the extent that any allocation of Net Loss would cause or increase an Adjusted Capital Account Deficit as to any Holder, such allocation of Net Loss shall be reallocated (x) first, among the other Holders of Partnership Common Units in accordance with their respective Percentage Interests with respect to Partnership Common Units Interests, and (y) thereafter, among the Holders of other classes of Partnership Units Units, as determined by the General Partner, subject to the limitations of this Section 6.4.A(vi6.3.B(vi).
Appears in 6 contracts
Samples: Agreement of Limited Partnership (CyrusOne Inc.), Limited Partnership Agreement (Avenue N Holdings LLC), Agreement of Limited Partnership (CareTrust REIT, Inc.)
Limitation on Allocation of Net Loss. To the extent that any allocation of Net Loss would cause or increase an Adjusted Capital Account Deficit as to any Holder, such allocation of Net Loss shall be reallocated (x) first, among the other Holders of Partnership Common Units in accordance with their respective Percentage Interests with respect to Partnership Common Units and (y) thereafter, among the Holders of other classes of Partnership Units as determined by the General Partner, subject to the limitations of this Section 6.4.A(vi).
Appears in 6 contracts
Samples: Limited Partnership Agreement (International Market Centers, Inc.), Limited Partnership Agreement (CoreSite Realty Corp), Limited Partnership Agreement (CoreSite Realty Corp)
Limitation on Allocation of Net Loss. To the extent that any allocation of Net Loss Losses or other items of loss or deduction would cause or increase an Adjusted Capital Account Deficit as to any HolderPartner, such allocation of Net Loss shall be reallocated (x) first, among the other Holders of Partnership Common Units Partners in accordance with their respective Percentage Interests with respect to Partnership Common Units and (y) thereafter, among the Holders of other classes of Partnership Units as determined by the General PartnerInterests, subject to the limitations of this Section 6.4.A(vi)hereof.
Appears in 6 contracts
Samples: Limited Partnership Agreement (Lexington Realty Trust), Limited Partnership Agreement (Federal Realty Investment Trust), Limited Partnership Agreement (Lexington Master Limited Partnership)
Limitation on Allocation of Net Loss. To the extent that any allocation of Net Loss would cause or increase an Adjusted Capital Account Deficit as to any Holder, such allocation of Net Loss shall be reallocated (x) first, among the other Holders of Partnership Common Units in accordance with their respective Percentage Interests with respect to Partnership in Common Units and (y) thereafter, among the Holders of other classes of Partnership Units as determined by the General Partner, subject to the limitations of this Section 6.4.A(vi6.3.A(vi).
Appears in 6 contracts
Samples: Limited Partnership Agreement (Kilroy Realty, L.P.), Agreement of Limited Partnership (Kilroy Realty, L.P.), Agreement of Limited Partnership (Kilroy Realty, L.P.)
Limitation on Allocation of Net Loss. To the extent that any allocation of Net Loss would cause or increase an Adjusted Capital Account Deficit as to any Holder, such allocation of Net Loss shall be reallocated (x) first, among the other Holders of Partnership Common Units in accordance with their respective Percentage Interests with respect to Partnership Common Units and (y) thereafter, among the Holders of other classes of Partnership Units as determined by the General PartnerInterests, subject to the limitations of this Section 6.4.A(vi6.3.B(vi); provided that in the event such allocation would result in all Partners having an Adjusted Capital Account Deficit such Net Loss shall be allocated to the General Partner.
Appears in 6 contracts
Samples: Contribution Agreement (Welsh Property Trust, Inc.), Contribution Agreement (Welsh Property Trust, Inc.), Contribution Agreement (Welsh Property Trust, Inc.)
Limitation on Allocation of Net Loss. To the extent that any allocation of Net Loss would cause or increase an Adjusted Capital Account Deficit as to any HolderPartner, such allocation of Net Loss shall be reallocated (x) first, among the other Holders of Partnership Common Units Partners in accordance with their respective Percentage Interests with respect to Partnership Common Units and (y) thereafter, among the Holders of other classes of Partnership Units as determined by the General PartnerInterests, subject to the limitations of this Section 6.4.A(vi6.3.A(vi).
Appears in 6 contracts
Samples: Agreement of Limited Partnership (Amb Property Corp), Limited Partnership Agreement (Arden Realty Group Inc), Limited Partnership Agreement (Hanover Capital Holdings Inc)
Limitation on Allocation of Net Loss. To the extent that any allocation of Net Loss would cause or increase an Adjusted Capital Account Deficit as to any HolderHolder of Partnership Units, such allocation of Net Loss shall be reallocated (x) first, among the other Holders of Partnership Common Units in accordance with their respective Percentage Interests with respect to Partnership Common Units and (y) thereafter, among the Holders of other classes of Partnership Units as determined by the General PartnerUnits, subject to the limitations of this Section 6.4.A(vi6.3.B(f).
Appears in 5 contracts
Samples: Agreement of Limited Partnership (New Plan Excel Realty Trust Inc), Limited Partnership Agreement (Price Reit Inc), Agreement of Limited Partnership (Excel Realty Trust Inc)
Limitation on Allocation of Net Loss. To the extent that any allocation of Net Loss would cause or increase an Adjusted Capital Account Deficit as to any Holder, such allocation of Net Loss shall be reallocated (x) first, among the other Holders of Partnership Common Units in accordance with their respective Percentage Interests with respect to Partnership Common Units and (y) thereafter, among the Holders of other classes of Partnership Units as determined by the General Partner, subject to the limitations of this Section 6.4.A(vi6.4(a)(vi).
Appears in 5 contracts
Samples: Limited Partnership Agreement (Lineage, Inc.), Limited Partnership Agreement (Lineage, Inc.), Limited Partnership Agreement (Orion Office REIT Inc.)
Limitation on Allocation of Net Loss. To the extent that any allocation of Net Loss would cause or increase an Adjusted Capital Account Deficit as to any HolderMember, such allocation of Net Loss shall be reallocated (x) first, among the other Holders of Partnership Common Units Members in accordance with their respective Percentage Interests with respect to Partnership Common Units and (y) thereafter, among the Holders of other classes of Partnership Units as determined by the General Partner, subject to the limitations of this Section 6.4.A(vi)Capital Account balances.
Appears in 4 contracts
Samples: Limited Liability Company Agreement (Brookfield DTLA Fund Office Trust Investor Inc.), Limited Liability Company Agreement (Brookfield DTLA Fund Office Trust Investor Inc.), Limited Liability Company Agreement (Brookfield DTLA Fund Office Trust Investor Inc.)
Limitation on Allocation of Net Loss. To the extent that any allocation of Net Loss would cause or increase an Adjusted Capital Account Deficit as to any Holder, such allocation of Net Loss shall be reallocated (x) first, among the other Holders of Partnership Common Units in accordance with their respective Percentage Interests with respect to Partnership Common Units and (y) thereafter, among the Holders of other classes of Partnership Membership Units as determined by the General PartnerManaging Member, subject to the limitations of this Section 6.4.A(vi6.4(a)(vi).
Appears in 4 contracts
Samples: Operating Agreement (Healthpeak Properties, Inc.), Limited Liability Company Agreement (Kimco Realty OP, LLC), Limited Liability Company Agreement (Kimco Realty Corp)
Limitation on Allocation of Net Loss. To the extent that any allocation of Net Loss would cause or increase an Adjusted Capital Account Deficit as to any Holder, such allocation of Net Loss shall be reallocated (x) first, among the other Holders of Partnership Common Units in accordance with their respective Percentage Interests with respect to Partnership Common Units and (y) thereafter, among the Holders of other classes of Partnership Units as determined by the General Partner, subject to the limitations of this Section 6.4.A(vi6.3.A(6).
Appears in 4 contracts
Samples: Limited Partnership Agreement (Parking REIT, Inc.), Agreement of Limited Partnership (Parking REIT, Inc.), Merger Agreement (Mobile Infrastructure Corp)
Limitation on Allocation of Net Loss. To the extent that any allocation of Net Loss would cause or increase an Adjusted Capital Account Deficit as to any Holder, such allocation of Net Loss shall be reallocated (x) first, among the other Holders of Partnership Common Units in accordance with their respective Percentage Interests with respect to Partnership Common Units and (y) thereafter, among the Holders of other classes of Partnership Units as determined by the General PartnerSection 6.2.B.2, subject to the limitations of this Section 6.4.A(vi6.3.A(vi).
Appears in 4 contracts
Samples: Limited Partnership Agreement (Amb Property Lp), Limited Partnership Agreement (Amb Property Corp), Limited Partnership Agreement (Amb Property Corp)
Limitation on Allocation of Net Loss. To the extent that any ------------------------------------ allocation of Net Loss would cause or increase an Adjusted Capital Account Deficit as to any HolderPartner, such allocation of Net Loss shall be reallocated (x) first, among the other Holders of Partnership Common Units Partners in accordance with their respective Percentage Interests with respect to Partnership Common Units and (y) thereafter, among the Holders of other classes of Partnership Units as determined by the General PartnerInterests, subject to the limitations of this Section 6.4.A(vi6.3.A(vi).
Appears in 4 contracts
Samples: Limited Partnership Agreement (Kilroy Realty Corp), Agreement of Limited Partnership (National Golf Properties Inc), Limited Partnership Agreement (Kilroy Realty Corp)
Limitation on Allocation of Net Loss. To the extent that any allocation of Net Loss would cause or increase an Adjusted Capital Account Deficit as to any Holder, such allocation of Net Loss shall be reallocated (x) first, among the other Holders of Partnership Common Units in accordance with their respective Percentage Interests with respect to Partnership Common Units and (y) thereafter, among the Holders of other classes of Partnership Units as determined by the General PartnerInterests, subject to the limitations of this Section 6.4.A(vi6.3.C(vi).
Appears in 3 contracts
Samples: Agreement of Limited Partnership (BioMed Realty Trust Inc), Agreement of Limited Partnership (BioMed Realty Trust Inc), Agreement of Limited Partnership (BioMed Realty Trust Inc)
Limitation on Allocation of Net Loss. To the extent that any allocation of Net Loss would cause or increase an Adjusted Capital Account Deficit as to any Holder, such allocation of Net Loss shall be reallocated (x) first, among the other Holders of Partnership Common Units in accordance with their respective Percentage Interests with respect to Partnership Common Units and (y) thereafter, among the Holders of other classes of Partnership Units as determined by the General Partner, subject to the limitations of this Section 6.4.A(vi6.3.A(vi).
Appears in 3 contracts
Samples: Limited Partnership Agreement (Brixmor Operating Partnership LP), Limited Partnership Agreement (Brixmor Property Group Inc.), Limited Partnership Agreement (Brixmor Property Group Inc.)
Limitation on Allocation of Net Loss. To the extent that any allocation of Net Loss (or items of loss) would cause or increase an Adjusted Capital Account Deficit as to any Holder, such allocation of Net Loss (or items of loss) shall be reallocated (x) first, among the other Holders of Partnership Class A Common Units in accordance with their respective Percentage Interests with respect to Partnership Common Units Interests, and (y) thereafter, among the Holders of other classes of Partnership Units Units, as determined by the General PartnerPartner (with the approval of the Original Limited Partner Representative), subject to the limitations of this Section 6.4.A(vi5.2(a)(vi).
Appears in 3 contracts
Samples: Limited Partnership Agreement (Rush Street Interactive, Inc.), Business Combination Agreement (dMY Technology Group, Inc.), Business Combination Agreement (dMY Technology Group, Inc.)
Limitation on Allocation of Net Loss. To the extent that any allocation of Net Loss would cause or increase an Adjusted Capital Account Deficit as to any HolderPartner, such allocation of Net Loss shall be reallocated (x) first, among the other Holders of Partnership Common Units in accordance with their respective Percentage Interests with respect to Partnership Common Units and (y) thereafter, among the Holders of other classes of Partnership Units as determined by the General Partner, subject to the limitations of this Section 6.4.A(vi).Partners
Appears in 3 contracts
Samples: Limited Partnership Agreement (Irvine Apartment Communities L P), Limited Partnership Agreement (Irvine Apartment Communities L P), Limited Partnership Agreement (Irvine Co Et Al)
Limitation on Allocation of Net Loss. To the extent that any allocation of Net Loss (or items of loss) would cause or increase an Adjusted Capital Account Deficit as to any Holder, such allocation of Net Loss (or items of loss) shall be reallocated (x) first, among the other Holders of Partnership Company Common Units in accordance with their respective Percentage Interests with respect to Partnership Common Units Interests, and (y) thereafter, among the Holders of other classes of Partnership Units Company Units, as determined by the General PartnerManaging Member, subject to the limitations of this Section 6.4.A(vi5.3(b)(vi).
Appears in 3 contracts
Samples: Limited Liability Company Operating Agreement (Genesis Healthcare, Inc.), Purchase and Contribution Agreement (Skilled Healthcare Group, Inc.), Purchase and Contribution Agreement (Skilled Healthcare Group, Inc.)
Limitation on Allocation of Net Loss. To the extent that any allocation of Net Loss would cause or increase an Adjusted Capital Account Deficit as to any Holder, such allocation of Net Loss shall be reallocated (x) first, among the other Holders of Partnership Common Units in accordance with their respective Percentage Interests with respect to Partnership Common Units and (y) thereafter, among the Holders of other classes of Partnership Units as a manner determined by the General Partner, subject to the limitations of this Section 6.4.A(vi6.3.A(vi).
Appears in 3 contracts
Samples: Limited Partnership Agreement (Silver Bay Realty Trust Corp.), Limited Partnership Agreement (Silver Bay Realty Trust Corp.), Limited Partnership Agreement (Silver Bay Realty Trust Corp.)
Limitation on Allocation of Net Loss. To the extent that any allocation of Net Loss would cause or increase an Adjusted Capital Account Deficit as to any Holder, such allocation of Net Loss shall be reallocated (x) first, among the other Holders of Partnership Common Units in accordance with their respective Percentage Interests with respect to Partnership Common Units and (y) thereafter, among the Holders of other classes of Partnership Units as determined by the General PartnerInterests, subject to the limitations of this Section 6.4.A(vi6.3.B(vi).
Appears in 3 contracts
Samples: Limited Partnership Agreement (Hartman Short Term Income Properties XX, Inc.), Limited Partnership Agreement (Douglas Emmett Inc), Limited Partnership Agreement (Global Signal Inc)
Limitation on Allocation of Net Loss. To the extent that any allocation of Net Loss would cause or increase an Adjusted Capital Account Deficit as to any HolderPartner, such allocation of Net Loss shall be reallocated (x) first, among the other Holders of Partnership Common Units Partners in accordance with their respective Percentage Interests with respect to Partnership Common Units and (y) thereafter, among the Holders of other classes of Partnership Units as determined by the General Partner, subject to the limitations of this Section 6.4.A(vi6.3.A(6).
Appears in 2 contracts
Samples: Limited Partnership Agreement (Tarantula Ventures LLC), Limited Partnership Agreement (Dupont Fabros Technology, Inc.)
Limitation on Allocation of Net Loss. To the extent that any allocation of Net Loss would cause or increase an Adjusted Capital Account Deficit as to any Holder, such allocation of Net Loss shall be reallocated (x) first, among the other Holders of Partnership Common Units in accordance with their respective Percentage Interests with respect to Partnership Common Units and (y) thereafter, among the Holders of other classes of Partnership Units as determined by the General PartnerBoard, subject to the limitations of this Section 6.4.A(vi6.3.A(6).
Appears in 2 contracts
Samples: Limited Liability Company Agreement (Mobile Infrastructure Corp), Agreement and Plan of Merger (Mobile Infrastructure Corp)
Limitation on Allocation of Net Loss. To the extent that any allocation of Net Loss would cause or increase an Adjusted Capital Account Deficit as to any HolderMember, such allocation of Net Loss shall be reallocated (x) first, among the other Holders of Partnership Common Units Members in accordance with their respective Percentage Interests with respect the positive balances in such Members’ Capital Accounts so as to Partnership Common Units and (y) thereafter, among allocate the Holders of other classes of Partnership Units as determined by the General Partner, subject maximum permissible Net Losses to the limitations of this each Member under Regulations Section 6.4.A(vi1.704-1(b)(2)(ii)(d).
Appears in 2 contracts
Samples: Limited Liability Company Agreement (Healthpeak Properties, Inc.), Limited Liability Company Agreement (Hcp, Inc.)
Limitation on Allocation of Net Loss. To the extent that any allocation of Net Loss would cause or increase an Adjusted Capital Account Deficit as to any HolderPartner, such allocation of Net Loss shall be reallocated (x) first, among the other Holders of Partnership Common Units Partners in accordance with their respective Percentage Interests with respect to Partnership Common Units and (y) thereafter, among the Holders of other classes of Partnership Units as determined by the General PartnerInterests, subject to the limitations of this Section 6.4.A(vi6.3(A)(vi).
Appears in 2 contracts
Samples: Limited Partnership Agreement (Cedar Shopping Centers Inc), Limited Partnership Agreement (Cedar Income Fund LTD)
Limitation on Allocation of Net Loss. To the extent that any allocation of Net Loss would cause or increase an Adjusted Capital Account Deficit as to any Holder, such allocation of Net Loss shall be reallocated (x) first, among the other Holders of Partnership Common Units in accordance with their respective Percentage Interests with respect to Partnership Common Units and (y) thereafter, among the Holders percentage shares of other classes of Partnership Units as determined by the General PartnerNet Loss absent such re-allocation, subject to the limitations of this Section 6.4.A(vi6.3(b)(vi).
Appears in 2 contracts
Samples: Limited Partnership Agreement (Hammons John Q Hotels Inc), Agreement of Limited Partnership (Hammons John Q Hotels Inc)
Limitation on Allocation of Net Loss. To the extent that any allocation of Net Loss would cause or increase an Adjusted Capital Account Deficit as to any Holder, such allocation of Net Loss shall be reallocated (x) first, among the other Holders of Partnership Company Common Units and OPEUs in accordance with their respective Percentage Interests with respect to Partnership Company Common Units and OPEUs and (y) thereafter, among the Holders of other classes of Partnership Company Units as determined by the General PartnerManaging Member, subject to the limitations of this Section 6.4.A(vi6.4(a)(vi).
Appears in 2 contracts
Samples: Operating Agreement (Lineage, Inc.), Operating Agreement (Lineage, Inc.)
Limitation on Allocation of Net Loss. To the extent that any allocation of Net Loss would cause or increase an Adjusted Capital Account Deficit as to any HolderMember, such allocation of Net Loss shall be reallocated (x) first, among the other Holders of Partnership Common Units Members in accordance with their respective Percentage Interests with respect to Partnership Common Units and (y) thereafter, among the Holders of other classes of Partnership Units as determined by the General PartnerLLC Units, subject to the limitations of this Section 6.4.A(vi6.3A.(5).
Appears in 2 contracts
Samples: Limited Liability Company Agreement (Hcp, Inc.), Limited Liability Company Agreement (Hcp, Inc.)
Limitation on Allocation of Net Loss. To the extent that any allocation of Net Loss (or items of loss) would cause or increase an Adjusted Capital Account Deficit as to any Holder, such allocation of Net Loss (or items of loss) shall be reallocated (xA) first, among the other Holders of Partnership Company Common Units in accordance with their respective Percentage Interests with respect to Partnership Common Units Interests, and (yB) thereafter, among the Holders of other classes of Partnership Units Company Units, as determined by the General PartnerManaging Member, subject to the limitations of this Section 6.4.A(vi5.3(a)(vi).
Appears in 2 contracts
Samples: Limited Liability Company Agreement (Wayne Farms, Inc.), Limited Liability Company Agreement (Wayne Farms, Inc.)
Limitation on Allocation of Net Loss. To the extent that any allocation of Net Loss would cause or increase an Adjusted Capital Account Deficit as to any HolderHolder of Partnership Units, such allocation of Net Loss shall be reallocated (x) first, among the other Holders of Partnership Common Units in accordance with their respective Percentage Interests with respect to Partnership Common Units and (y) thereafter, among the Holders of other classes of Partnership Units as determined by the General PartnerUnits, subject to the limitations of this Section 6.4.A(vi6.3B(6).
Appears in 2 contracts
Samples: Limited Partnership Agreement (Arbor Realty Trust Inc), Agreement of Limited Partnership (Arbor Realty Trust Inc)
Limitation on Allocation of Net Loss. To the extent that any allocation of Net Loss would cause or increase an Adjusted Capital Account Deficit as to any HolderPartner, such allocation of Net Loss shall be reallocated (x) first, among the other Holders of Partnership Common Units Partners in accordance with their respective Percentage Interests with respect the positive balances in such Partners’ Capital Accounts so as to Partnership Common Units and (y) thereafter, among allocate the Holders of other classes of Partnership Units as determined by the General Partnermaximum permissible Losses to each Partner under Regulations Section 1.704-1(b)(2)(ii)(d), subject to the limitations of this Section 6.4.A(vi4.3(a)(vi).
Appears in 2 contracts
Samples: Contribution Agreement (Thomas Properties Group Inc), Contribution Agreement (Thomas Properties Group Inc)
Limitation on Allocation of Net Loss. To the extent that any ------------------------------------ allocation of Net Loss would cause or increase an Adjusted Capital Account Deficit as to any HolderMember, such allocation of Net Loss shall be reallocated (x) first, among the other Holders of Partnership Common Units Members in accordance with their respective Percentage Interests with respect to Partnership Common Units and (y) thereafter, among the Holders of other classes of Partnership Units as determined by the General PartnerLLC Units, subject to the limitations of this Section 6.4.A(vi6.3.A(5).
Appears in 2 contracts
Samples: Limited Liability Company Agreement (Bre Properties Inc /Md/), Limited Liability Company Agreement (Bre Properties Inc /Md/)
Limitation on Allocation of Net Loss. To the extent that any ------------------------------------ allocation of Net Loss would cause or increase an Adjusted Capital Account Deficit as to any HolderUnitholder, such allocation of Net Loss shall be reallocated (x) first, among the other Holders of Partnership Common Units Unitholders in accordance with their respective Percentage Interests with respect to Partnership Common Units and (y) thereafter, among the Holders of other classes of Partnership Units as determined by the General Partner, subject to the limitations of this Section 6.4.A(vi)Units.
Appears in 1 contract
Limitation on Allocation of Net Loss. To the extent that any allocation of Net Loss would cause or increase an Adjusted Capital Account Deficit as to any Holder, such allocation of Net Loss shall be reallocated (x) first, among the other Holders of Partnership Common Units in accordance with their respective Percentage Interests with respect to Partnership Common Units and (y) thereafter, among the Holders of other classes of Partnership Units as determined by the General Partner, subject to the limitations of this Section 6.4.A(vi).6.3.F. 37
Appears in 1 contract
Samples: Limited Partnership Agreement (Creative Media & Community Trust Corp)
Limitation on Allocation of Net Loss. To the extent that any allocation of Net Loss (or items of loss or deduction) would cause or increase an Adjusted Capital Account Deficit as to any HolderMember, such allocation of Net Loss (or items of loss or deduction) shall be reallocated (x) first, among to the other Holders holders of Partnership Common Class A Units in accordance with their respective Percentage Interests with respect to Partnership Common Units and (y) thereafter, among the Holders of other classes of Partnership Units as determined by the General PartnerCompany, subject to the limitations of this Section 6.4.A(vi6.1(b)(vii).
Appears in 1 contract
Samples: Limited Liability Company Agreement (BridgeBio Pharma, Inc.)
Limitation on Allocation of Net Loss. To the extent that any allocation of Net Loss would cause or increase an Adjusted Capital Account Deficit as to any Holder, such allocation of Net Loss shall be reallocated (x) first, among the other Holders of Partnership Common Units in accordance with their respective Percentage Interests with respect to Partnership Common Units Interests, and (y) thereafter, among the Holders of other classes of Partnership Units Units, as determined by the General PartnerManager, subject to the limitations of this Section 6.4.A(vi6.3.B(vi).
Appears in 1 contract
Samples: Limited Liability Company Agreement (Alexander & Baldwin, Inc.)
Limitation on Allocation of Net Loss. To the extent that any allocation of Net Loss would cause or increase an Adjusted Capital Account Deficit as to any HolderMember, such allocation of Net Loss shall be reallocated (x) first, among the other Holders of Partnership Common Units Members in accordance with their respective Percentage Interests with respect the positive balances in such Members’ Capital Accounts so as to Partnership Common Units and (y) thereafter, among allocate the Holders of other classes of Partnership Units as determined by the General Partner, subject maximum permissible Net Losses to the limitations of this each member under Regulations Section 6.4.A(vi1.704-1(b)(2)(ii)(d).
Appears in 1 contract
Limitation on Allocation of Net Loss. To the extent that any allocation of Net Loss Losses or other items of loss or deduction would cause or increase an Adjusted Capital Account Deficit as to any Holdereither Member, such allocation of Net Loss shall be reallocated (x) first, among the other Holders of Partnership Common Units Members in accordance with their respective Percentage Interests with respect to Partnership Common Units and (y) thereafter, among the Holders of other classes of Partnership Units as determined by the General PartnerInterests, subject to the limitations of this Section 6.4.A(vi)hereof.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Lexington Corporate Properties Trust)
Limitation on Allocation of Net Loss. To the extent that any allocation of Net Loss would cause or increase an Adjusted Capital Account Deficit as to any HolderPartner, such allocation of Net Loss shall be reallocated (x) first, among the other Holders of Partnership Common Units Partners in accordance with their respective Percentage Interests with respect to Partnership Common Units and (y) thereafter, among the Holders of other classes of Partnership Units as determined by the General PartnerUnits, subject to the limitations of this Section 6.4.A(vi6.3.A(5).
Appears in 1 contract
Limitation on Allocation of Net Loss. To the extent that any allocation of Net Loss would cause or increase an Adjusted Capital Account Deficit as to any Holder, such allocation of Net Loss shall be reallocated (x) first, among the other Holders of Partnership Common Units in accordance with their respective Percentage Interests with respect to Partnership Common Units and (y) thereafter, among the Holders of other classes of Partnership Units as determined by the General Partner, subject to the limitations of this Section 6.4.A(vi).in
Appears in 1 contract
Samples: Agreement of Limited Partnership (Amb Property Corp)
Limitation on Allocation of Net Loss. To the extent that any allocation of Net Loss would cause or increase an Adjusted Capital Account Deficit as to any Holder, such allocation of Net Loss shall be reallocated (x) first, among the other Holders of Partnership Common Units in accordance with their respective Percentage Interests with respect to Partnership Common Units and (y) thereafter, among the Holders of other classes of Partnership Units as determined by the General Partner, subject to the limitations of this Section 6.4.A(vi).6.3.F.
Appears in 1 contract
Samples: Limited Partnership Agreement (Creative Media & Community Trust Corp)
Limitation on Allocation of Net Loss. To the extent that ------------------------------------ any allocation of Net Loss would cause or increase an Adjusted Capital Account Deficit as to any Holder, such allocation of Net Loss shall be reallocated (x) first, among the other Holders of Partnership Common Units in accordance with their respective Percentage Interests with respect to Partnership Common Units and (y) thereafter, among the Holders of other classes of Partnership Units as determined by the General PartnerInterests, subject to the limitations of this Section 6.4.A(vi6.3.B(vi).
Appears in 1 contract
Samples: Limited Partnership Agreement (Westfield America Inc)
Limitation on Allocation of Net Loss. To the extent that any allocation of Net Loss or Depreciation would cause or increase an a deficit in the Adjusted Capital Account Deficit as to of any HolderUnitholder, such allocation of Net Loss shall be reallocated (x) first, among the other Holders of Partnership Common Units Unitholders in accordance with their respective Percentage Interests with respect to Partnership Common Units and (y) thereafter, among the Holders of other classes of Partnership Units as determined by the General PartnerUnits, subject to the limitations of this Section 6.4.A(vi6.3.A(6).
Appears in 1 contract
Limitation on Allocation of Net Loss. To the extent that any ------------------------------------ allocation of Net Loss would cause or increase an Adjusted Capital Account Deficit as to any Holder, such allocation of Net Loss shall be reallocated (x) first, among the other Holders of Partnership Common Units in accordance with their respective Percentage Interests with respect to Partnership in Common Units and (y) thereafter, among the Holders of other classes of Partnership Units as determined by the General Partner, subject to the limitations of this Section 6.4.A(vi6.3.A(vi).
Appears in 1 contract
Limitation on Allocation of Net Loss. To the extent that any allocation of Net Loss would cause or increase an Adjusted Capital Account Deficit as to any HolderPartner, such allocation of Net Loss shall be reallocated (x) first, among the other Holders of Partnership Common Units Partners in accordance with their respective Percentage Interests with respect to Partnership Common Units and (y) thereafter, among the Holders of other classes of Partnership Units as determined by the General PartnerInterests, subject to the limitations of this Section 6.4.A(vi6.2.B(6).
Appears in 1 contract
Limitation on Allocation of Net Loss. To the extent that any allocation of Net Loss (or items of loss or deduction) would cause or increase an Adjusted Capital Account Deficit as to any Holder, such allocation of Net Loss (or items of loss or deduction) shall be reallocated (x) first, among the other Holders of Partnership Common Units in accordance with their respective Percentage Interests with respect to Partnership Common Units Interests, and (y) thereafter, among the Holders of other classes of Partnership Units Units, as determined by the Managing General Partner, subject to the limitations of this Section 6.4.A(vi6.3(b)(vi).
Appears in 1 contract
Samples: Limited Partnership Agreement (Five Point Holdings, LLC)
Limitation on Allocation of Net Loss. To the extent that any allocation of Net Loss (or items of loss or deduction) would cause or increase an Adjusted Capital Account Deficit as to any HolderPartner, such allocation of Net Loss (or items of loss or deduction) shall be reallocated (x) first, among to the other Holders holders of Partnership Common Class B-1 Units in accordance with proportion to their respective Percentage Interests with respect to Partnership Common Units and (y) thereafter, among the Holders of other classes of Partnership Units as determined by the General PartnerInterests, subject to the limitations of this Section 6.4.A(vi2.2(b)(vii).
Appears in 1 contract
Samples: Interest and Asset Purchase Agreement (SVB Financial Group)
Limitation on Allocation of Net Loss. To the extent that any allocation of Net Loss Losses or other items of loss or deduction would cause or increase an Adjusted Capital Account Deficit as to any HolderMember, such allocation of Net Loss shall be reallocated (x) first, among the other Holders of Partnership Common Units Members in accordance with their respective Tranche II Percentage Interests with respect to Partnership Common Units and (y) thereafter, among the Holders of other classes of Partnership Units as determined by the General PartnerInterests, subject to the limitations of this Section 6.4.A(vi)hereof.
Appears in 1 contract
Samples: Operating Agreement (Lexington Corporate Properties Trust)
Limitation on Allocation of Net Loss. To the extent that any allocation of Net Loss would cause or increase an Adjusted Capital Account Deficit as to any HolderPartner, such allocation of Net Loss shall be reallocated (x) first, among the other Holders of Partnership Common Units Partners in accordance with their respective Percentage Interests with respect to Partnership Common Units and (y) thereafter, among the Holders of other classes of Partnership Units as determined by the General PartnerInterests, subject to the limitations of this Section 6.4.A(vi6.3.A(6).
Appears in 1 contract
Samples: Agreement to Contribute Capital and Escrow Instructions (Arden Realty Inc)
Limitation on Allocation of Net Loss. To the extent that any allocation of Net Loss would cause or increase an Adjusted Capital Account Deficit as to any Holder, such allocation of Net Loss shall be reallocated (x) first, among the other Holders of Partnership Common Units in accordance with their respective Percentage Interests with respect to Partnership Common Units and (y) thereafter, among the Holders of other classes of Partnership Units as determined by the General Partner, subject to the limitations of this Section 6.4.A(vi).. Table of Contents
Appears in 1 contract
Samples: Limited Partnership Agreement (Spirit Realty, L.P.)
Limitation on Allocation of Net Loss. To the extent that any allocation of Net Loss or Depreciation would cause or increase an Adjusted Capital Account Deficit as to any HolderUnitholder, such allocation of Net Loss shall be reallocated (x) first, among the other Holders of Partnership Common Units Unitholders in accordance with their respective Percentage Interests with respect to Partnership Common Units and (y) thereafter, among the Holders of other classes of Partnership Units as determined by the General PartnerUnits, subject to the limitations of this Section 6.4.A(vi6.3.A(6).
Appears in 1 contract
Samples: Agreement of Limited Partnership (Koger Equity Inc)
Limitation on Allocation of Net Loss. To the extent that any ------------------------------------ allocation of Net Loss would cause or increase an Adjusted Capital Account Deficit as to any HolderPartner, such allocation of Net Loss shall be reallocated (x) first, among the other Holders of Partnership Common Units Partners in accordance with their respective Percentage Interests with respect to Partnership Common Units and (y) thereafter, among the Holders of other classes of Partnership Units as determined by the General PartnerInterests, subject to the limitations of this Section 6.4.A(viParagraph 6.3(A)(vi).
Appears in 1 contract
Samples: Agreement of Limited Partnership (Center Trust Inc)
Limitation on Allocation of Net Loss. To the extent that any ------------------------------------ allocation of Net Loss would cause or increase an Adjusted Capital Account Deficit as to any HolderHolder of Partnership Units, such allocation of Net Loss shall be reallocated (x) first, among the other Holders of Partnership Common Units in accordance with their respective Percentage Interests with respect to Partnership Common Units and (y) thereafter, among the Holders of other classes of Partnership Units as determined by the General PartnerUnits, subject to the limitations of this Section 6.4.A(vi6.3.B(f).
Appears in 1 contract
Samples: Limited Partnership Agreement (Cornerstone Realty Income Trust Inc)
Limitation on Allocation of Net Loss. To the extent that any allocation of Net Loss would cause or increase an Adjusted Capital Account Deficit as to any HolderMember, such allocation of Net Loss shall be reallocated (x) first, among the other Holders of Partnership Common Units Members in accordance with their respective Percentage Interests with respect to Partnership Common Units and (y) thereafter, among the Holders of other classes of Partnership Units as determined by the General PartnerPercentages, subject to the limitations of this Section 6.4.A(vi6.2(h).
Appears in 1 contract
Samples: Limited Liability Company Agreement (U S Energy Systems Inc)
Limitation on Allocation of Net Loss. To the extent that any allocation of Net Loss Losses or other items of loss or deduction would cause or increase an Adjusted Capital Account Deficit as to any HolderMember, such allocation of Net Loss shall be reallocated (x) first, among the other Holders of Partnership Common Units Members in accordance with their respective Percentage Interests with respect to Partnership Common Units and (y) thereafter, among the Holders of other classes of Partnership Units as determined by the General PartnerInterests, subject to the limitations of this Section 6.4.A(vi)hereof.
Appears in 1 contract
Samples: Operating Agreement (Lexington Corporate Properties Trust)
Limitation on Allocation of Net Loss. To the extent that any allocation of Net Loss would cause or increase an Adjusted Capital Account Deficit as to the Holder of Units of any Holderclass, such allocation of Net Loss shall be reallocated (x) first, among the other Holders of Partnership Common Units of that same class, in accordance with their respective Percentage Interests with respect to Partnership Common Units in such class of Units, and (y) thereafterthereafter in the discretion of the Manager, among the Holders of other classes of Partnership Units as determined by the General Partnerin each case, subject to the limitations of this Section 6.4.A(vi6.3(a)(vi).
Appears in 1 contract
Limitation on Allocation of Net Loss. To the extent that any allocation of Net Loss would cause or increase an Adjusted Capital Account Deficit as to any Holder, such allocation of Net Loss shall be reallocated (x) first, among the other Holders of Partnership Common Units in accordance with their respective Percentage Interests with respect to Partnership Common Units and (y) thereafter, among the Holders of other classes of Partnership Units as a manner determined by the General Partner, subject to the limitations of this Section 6.4.A(vi6.3(a)(vi).
Appears in 1 contract
Limitation on Allocation of Net Loss. To the extent that any allocation of Net Loss loss under Section 6.1 or Section 6.2 would cause or increase an Adjusted Capital Account Deficit as to any HolderMember, such allocation of Net Loss loss shall be reallocated (x) first, among the other Holders of Partnership Common Units Members in accordance with their respective Percentage Interests with respect to Partnership Common Units and (y) thereafter, among the Holders of other classes of Partnership Units as determined by the General PartnerInterests, subject to the limitations of this Section 6.4.A(vi6.3(a)(vi).
Appears in 1 contract
Samples: Agreement of Limited Liability Company (T&w Financial Corp)
Limitation on Allocation of Net Loss. To the extent that any allocation of Net Loss would cause or increase an Adjusted Capital Account Deficit as to any Holder, such allocation of Net Loss shall be reallocated (x) first, among the other Holders of Partnership Common Units in accordance with their respective Percentage Interests with respect to interests in the Partnership Common Units and (y) thereafter, among the Holders of other classes of Partnership Units as determined by the General Partner, subject to the limitations of this Section 6.4.A(vi6.3A(vi).
Appears in 1 contract
Samples: Limited Partnership Agreement (MacKenzie Realty Capital, Inc.)
Limitation on Allocation of Net Loss. To the extent that any allocation of Net Loss (or items of loss or deduction) would cause or increase an Adjusted Capital Account Deficit as to any Holder, such allocation of Net Loss (or items of loss or deduction) shall be reallocated (x) first, among the other Holders of Partnership Common Units in accordance with their respective Percentage Interests with respect to Partnership Common Units Interests, and (y) thereafter, among the Holders of other classes of Partnership Units Units, as determined by the General PartnerOperating Managing Member, subject to the limitations of this Section 6.4.A(vi6.3(b)(vi).
Appears in 1 contract
Samples: Limited Liability Company Agreement (Five Point Holdings, LLC)