No Right to Distributions in Kind. No Partner shall be entitled to demand property other than cash in connection with any distributions by the Partnership. The General Partner may determine, in its sole and absolute discretion, to make a distribution in-kind of Partnership assets to the Holders, and such assets shall be distributed in the manner to ensure that the fair market value is distributed and allocated in accordance with Articles 5 and 6 hereof.
Appears in 16 contracts
Samples: Paramount Group, Inc., Gaming & Leisure Properties, Inc., Paramount Group, Inc.
No Right to Distributions in Kind. No Partner shall be entitled to demand property other than cash in connection with any distributions by the Partnership. The Notwithstanding anything to the contrary in this Agreement, the General Partner may determine, in its sole and absolute discretion, shall have the right to make a distribution in-distributions in kind of Partnership assets to the Holders, and such assets shall be distributed in the manner to ensure that the fair market value is distributed and allocated in accordance with Articles 5 and 6 hereofGeneral Partner.
Appears in 2 contracts
Samples: Agreement and Plan of Merger (Realty Income Corp), Agreement and Plan of Merger (American Realty Capital Trust, Inc.)
No Right to Distributions in Kind. No Partner shall be entitled to demand property other than cash in connection with any distributions by the Partnership. The General Partner may determine, in its sole and absolute discretion, to make a distribution in-kind of Partnership assets Property to the Holders, and such assets shall be distributed in the manner to ensure that the fair market value is distributed and allocated in accordance with Articles Article 5 and Article 6 hereof.
Appears in 1 contract
Samples: Agreement (Lamar Media Corp/De)
No Right to Distributions in Kind. No Partner Except as expressly provided herein, no Holder shall be entitled to demand or receive property other than cash in connection with any distributions by the Partnership. The General Partner may determine, in its sole and absolute discretion, to make a distribution in-kind of Partnership assets to the Holders, and such assets shall be distributed in the manner to ensure that the fair market value is distributed and allocated in accordance with Articles Article 5 and Article 6 hereof.
Appears in 1 contract
