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Common use of Profit Clause in Contracts

Profit. After giving effect to the special allocations set forth in Section 5.01(c), (d), and (e) hereof, and subject to Section 5.01(f), Profit of the Partnership for each fiscal year of the Partnership shall be allocated to the Partners in accordance with their respective Percentage Interests.

Appears in 27 contracts

Samples: Agreement of Limited Partnership (Agree Realty Corp), Agreement of Limited Partnership (Summit Hotel Properties, Inc.), Agreement of Limited Partnership (Medalist Diversified REIT, Inc.)

Profit. After giving effect to the special allocations set forth in Section 5.01(c), (d), Sections 5.1(c) and (e) hereof, and subject to Section 5.01(f5.1(d), Profit of the Partnership for each fiscal year Partnership Year or other applicable period of the Partnership shall be allocated to the Partners in accordance with their respective Percentage Interests.the following order and priority:

Appears in 3 contracts

Samples: Limited Partnership Agreement (NorthStar Real Estate Income Trust, Inc.), Limited Partnership Agreement (NorthStar Real Estate Income Trust, Inc.), Limited Partnership Agreement (NorthStar Real Estate Income Trust, Inc.)

Profit. After giving effect to the special allocations set forth in Section 5.01(cSections 5.1(c), (d5.1(d), 5.1(e), and (e) hereof, and subject to Section 5.01(f5.1(f), Profit of the Partnership for each fiscal year or other applicable period of the Partnership shall be allocated to the Partners in accordance with their respective Percentage Interests.the following order and priority:

Appears in 2 contracts

Samples: Limited Partnership Agreement (Steadfast Secure Income REIT, Inc.), Limited Partnership Agreement (Steadfast Secure Income REIT, Inc.)

Profit. After giving effect to the special allocations set forth in Section 5.01(c), (d), and (e) hereof, and subject to Section 5.01(f), Profit of the Partnership for each fiscal year of the Partnership shall be allocated to the Partners in accordance with their respective Percentage Interests.

Appears in 2 contracts

Samples: Agreement of Limited Partnership (Bluerock Residential Growth REIT, Inc.), Thirteenth Amendment to the Second Amended and Restated Agreement of Limited Partnership (Bluerock Homes Trust, Inc.)

Profit. After giving effect to the special allocations set forth in Section 5.01(c), (d), and (e) hereof, and subject to Section 5.01(f), Profit of the Partnership for each fiscal year of the Partnership shall be allocated to the Partners, (i) first, to the General Partner to the extent of any Losses allocated to the General Partner under Section 5.01(b)(ii); and (ii) thereafter, to the Partners in accordance with their respective Percentage Interests.

Appears in 1 contract

Samples: Amendment No. 3 to the Amended and Restated Agreement of Limited Partnership (Sotherly Hotels Lp)

Profit. After giving effect to the special allocations set forth in Section Sections 5.01(c), (d), 5.01(d) and (e5.01(e) hereof, and subject to Section 5.01(f)) hereof, Profit of the Partnership for each fiscal year of the Partnership shall be allocated to the Partners in accordance with their respective Percentage Interests.

Appears in 1 contract

Samples: Limited Partnership Agreement (Summit Hotel Properties, Inc.)