Common use of Restrictions on Disposition of Gain Limitation Properties Clause in Contracts

Restrictions on Disposition of Gain Limitation Properties. (a) The Partnership agrees for the benefit of each Protected Partner, for the term of the Tax Protection Period, not to directly or indirectly sell, exchange, transfer, or otherwise dispose of a Gain Limitation Property or any interest therein, without regard to whether such disposition is voluntary or involuntary, in a transaction that would cause any Protected Partner to recognize any Protected Gain. Without limiting the foregoing, the term “sale, exchange, transfer or disposition” by the Partnership shall be deemed to include, and the prohibition shall extend to:

Appears in 8 contracts

Samples: Tax Protection Agreement (Strawberry Fields REIT, Inc.), Tax Protection Agreement (Postal Realty Trust, Inc.), Tax Protection Agreement (Postal Realty Trust, Inc.)

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Restrictions on Disposition of Gain Limitation Properties. (a) The Partnership agrees for the benefit of each Protected Partner, for the term of the Tax Protection Period, not to directly or indirectly sell, exchange, transfer, or otherwise dispose of a Gain Limitation Property or any interest therein, without regard to whether such disposition is voluntary or involuntary, in a transaction that would cause any Protected Partner to recognize any Protected Gain. Without limiting the foregoing, the term “salesell, exchange, transfer transfer, or dispositionotherwise dispose of a Gain Limitation Propertyby the Partnership shall be deemed to include, and the prohibition shall extend to:

Appears in 5 contracts

Samples: Tax Protection Agreement (Alpine Income Property Trust, Inc.), Tax Protection Agreement (Consolidated Tomoka Land Co), Tax Protection Agreement (Alpine Income Property Trust, Inc.)

Restrictions on Disposition of Gain Limitation Properties. (a) 2.1.1 The Partnership agrees for the benefit of each Protected Partner, for the term of the Tax Protection Period, not to directly or indirectly sell, exchange, transfer, or otherwise dispose of a Gain Limitation Property or any interest therein, without regard to whether such disposition is voluntary or involuntary, in a transaction that would cause any the Protected Partner Partners or the Indirect Owners to recognize any Protected Gain. Without limiting the foregoing, the term “sale, exchange, transfer or disposition” by the Partnership shall be deemed to include, and the prohibition shall extend to:

Appears in 4 contracts

Samples: Tax Protection Agreement, Tax Protection Agreement, Tax Protection Agreement (Landmark Apartment Trust of America, Inc.)

Restrictions on Disposition of Gain Limitation Properties. (a) The Partnership agrees for the benefit of each the Protected Partner, for the term of the Tax Protection Period, not to directly or indirectly sell, exchange, transfer, or otherwise dispose of a Gain Limitation Property or any interest therein, without regard to whether such disposition is voluntary or involuntary, in a transaction that would cause any the Protected Partner to recognize any Protected Gain. Without limiting the foregoing, the term “sale, exchange, transfer or disposition” by the Partnership shall be deemed to include, and the prohibition shall extend to:

Appears in 2 contracts

Samples: Tax Protection Agreement (Wheeler Real Estate Investment Trust, Inc.), Tax Protection Agreement (Wheeler Real Estate Investment Trust, Inc.)

Restrictions on Disposition of Gain Limitation Properties. (a) The Partnership agrees for the benefit of each Protected Partner, for the term of the Tax Protection Period, not to directly or indirectly sell, exchange, transfer, or otherwise dispose of a Gain Limitation Property or any interest therein, without regard to whether such disposition is voluntary or involuntary, in a transaction that would cause any Protected Partner to recognize any Protected Gain, other than a sale or transfer of Gain Limitation Property pursuant to the CHOA Option. Without limiting the foregoing, the term “sale, exchange, transfer or disposition” by the Partnership shall be deemed to include, and the prohibition shall extend to:

Appears in 1 contract

Samples: Form of Tax Protection Agreement (Richmond Honan Medical Properties Inc.)

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Restrictions on Disposition of Gain Limitation Properties. (a) The Partnership agrees for the benefit of each Protected Partner, for the term of the Tax Protection Period, not to directly or indirectly sell, exchange, transfer, or otherwise dispose of a Gain Limitation Property or any interest therein, without regard to whether such disposition is voluntary or involuntary, in a transaction that would cause any the Protected Partner Partners or the Indirect Owners to recognize any Protected Gain. Without limiting the foregoing, the term “sale, exchange, transfer or disposition” by the Partnership shall be deemed to include, and the prohibition shall extend to:

Appears in 1 contract

Samples: Tax Protection Agreement (Landmark Apartment Trust, Inc.)

Restrictions on Disposition of Gain Limitation Properties. (a) 2.1.1 The Partnership agrees for the benefit of each Protected Partner, for the term of the Tax Protection Period, not to directly or indirectly sell, exchange, transfer, or otherwise dispose of a Gain Limitation Property or any interest thereintherein (including any Units), without regard to whether such disposition is voluntary or involuntary, in a transaction that would cause any the Protected Partner to recognize any Protected Gain. Without limiting the foregoing, the term “sale, exchange, transfer or disposition” by the Partnership shall be deemed to include, and the prohibition shall extend to:

Appears in 1 contract

Samples: Tax Protection Agreement (Summit Hotel Properties, Inc.)

Restrictions on Disposition of Gain Limitation Properties. (a) The Partnership agrees for the benefit of each Protected Partner, for the term of the Tax Protection Period, not to directly or indirectly sell, exchange, transfer, or otherwise dispose of a Gain Limitation Property or any interest therein, without regard to whether such disposition is voluntary or involuntary, in a transaction that would cause any Protected Partner to recognize any Protected Gain, other than a sale or transfer pursuant to the CHOA Option. Without limiting the foregoing, the term “sale, exchange, transfer or disposition” by the Partnership shall be deemed to include, and the prohibition shall extend to:

Appears in 1 contract

Samples: Form of Tax Protection Agreement (Richmond Honan Medical Properties Inc.)

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