Common use of Receipt of Distributions in Kind Clause in Contracts

Receipt of Distributions in Kind. The Manager may, in its sole discretion, elect to receive any distribution to it in kind, provided that the Fair Market Value of any such distribution shall Equity Program Operating Agreement 18 not exceed the amount which the Manager would have been entitled to receive if the property so distributed had been sold for cash at such Fair Market Value in accordance with and following the principles of Section 6.3(a).

Receipt of Distributions in Kind. The Manager may, in its sole discretion, elect to receive any distribution to it in kind, provided that the Fair Market Value of any such distribution shall Equity Program Operating Agreement 18 not exceed the amount which the Manager would have been entitled to receive if the property so distributed had been sold for cash at such Fair Market Value in accordance with and following the principles of Section 6.3(a5.3(a).

Receipt of Distributions in Kind. The Manager may, in its sole discretion, elect to receive any distribution to it in kind, provided that the Fair Market Value of any such distribution shall Equity Program Operating Agreement 18 not exceed the amount which the Manager would have been entitled to receive if the property so distributed had been sold for cash at such Fair Market Value in accordance with and following the principles of Section 6.3(a).

Receipt of Distributions in Kind. The Manager may, in its sole discretion, elect to receive any distribution to it in kind, provided that the Fair Market Value fair market value of any such distribution shall Equity Program Operating Agreement 18 not exceed the amount which the Manager would have been entitled to receive if the property so distributed had been sold for cash at such Fair Market Value fair market value in accordance with and following the principles of Section 6.3(a)6.3.1.