Common use of Requirement and Characterization of Distributions Clause in Contracts

Requirement and Characterization of Distributions. The General Partner shall cause the Partnership to distribute at least quarterly all, or such portion as the General Partner may in its discretion determine, Available Cash and Capital Proceeds generated by the Partnership to the Partners who are Partners on the applicable Partnership Record Date with respect to such distribution, in the following order and priority:

Appears in 11 contracts

Samples: Limited Partnership Agreement (Carey Watermark Investors 2 Inc), Agreement of Limited Partnership (Corporate Property Associates 18 Global Inc), Limited Partnership Agreement (Carey Watermark Investors 2 Inc)

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Requirement and Characterization of Distributions. The General Partner shall cause the Partnership to distribute at least quarterly all, all or such portion as the General Partner may in its sole discretion determine, determine of Available Cash and Capital Proceeds generated by the Partnership during such quarter or shorter period to the Partners who that are Partners on the applicable Partnership Record Date with respect to such distribution, quarter or shorter period in the following order and priority:

Appears in 2 contracts

Samples: Agreement of Limited Partnership (Rouse Properties, Inc.), Limited Partnership Agreement (Rouse Properties, Inc.)

Requirement and Characterization of Distributions. The General Partner shall cause the Partnership to distribute at least quarterly allall (or with respect to amounts to be distributed pursuant to clause (2) below, or such portion as the General Partner may in its sole and absolute discretion determine, ) of the Available Cash and Capital Proceeds generated by the Partnership to the Partners who are Partners on the applicable Partnership Record Date with respect to such distribution, in the following order and priorityquarter as follows:

Appears in 1 contract

Samples: Limited Partnership Agreement (Cornerstone Realty Income Trust Inc)

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Requirement and Characterization of Distributions. The General Partner shall cause the Partnership to distribute at least quarterly all, or such portion as all of the General Partner may in its discretion determine, Partnership's Available Cash and Capital Proceeds generated by the Partnership to the Partners Unitholders who are Partners Unitholders on the applicable Partnership Record Date with respect to such distribution, in quarter (the following order and priority"Accrual Period") as follows:

Appears in 1 contract

Samples: Agreement of Limited Partnership (Koger Equity Inc)

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