Common use of Return of Capital Determination Clause in Contracts

Return of Capital Determination. For purposes of computing the return ------------------------------- on the capital of the holder of Series C Preferred Partnership Units, the capital of a holder of the Series C Preferred Partnership Units attributable to each such Unit shall be treated as returned (x) when the Unit is redeemed by the Partnership or (y) to the extent that the Partnership has distributed with respect to such Unit an amount that exceeds the cumulative quarterly distributions accrued thereon, plus the difference between $25 and the amount contributed to the Partnership with respect to such Unit. Such return of capital determination is solely for the internal tax accounting purposes of the holders of the Series C Preferred Partnership Units and shall not in any way affect the distributions to the Partners under this Partnership Agreement or the allocations of Net Income, Net Loss and other items under this Exhibit F. ---------

Appears in 2 contracts

Samples: Second Amended and Restated Agreement of Limited Partnership (Weeks Realty L P), Second Amended and Restated Agreement of Limited Partnership (Weeks Corp)

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Return of Capital Determination. For purposes of computing the ------------------------------- return ------------------------------- on the capital of the holder of Series C Preferred Partnership Units, the capital of a holder of the Series C Preferred Partnership Units attributable to each such Unit shall be treated as returned (x) when the Unit is redeemed by the Partnership or (y) to the extent that the Partnership has distributed with respect to such Unit an amount that exceeds the cumulative quarterly distributions accrued thereon, plus the difference between $25 and the amount contributed to the Partnership with respect to such Unit. Such return of capital determination is solely for the internal tax accounting purposes of the holders of the Series C Preferred Partnership Units and shall not in any way affect the distributions to the Partners under this Partnership Agreement or the allocations of Net IncomeProfit, Net Loss and other items under this Exhibit F. ---------

Appears in 2 contracts

Samples: Second Amended and Restated Agreement of Limited Partnership (Weeks Corp), Second Amended and Restated Agreement of Limited Partnership (Weeks Realty L P)

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