Common use of Special Allocation of Net Property Gain Clause in Contracts

Special Allocation of Net Property Gain. After giving effect to the allocations in subparagraph 1(c)(i) and paragraph 2 and to the extent not previously allocated pursuant to subparagraph 2(b), but prior to any allocation under subparagraph 1(a) and/or 1(c)(ii), Net Property Gain shall be allocated first to the Initial Limited Partner to the extent of the cumulative amount of Depreciation allocated to the Initial Limited partner pursuant to subparagraph 1(c)(iv).”

Appears in 2 contracts

Samples: Healthcare Trust, Inc., Healthcare Trust, Inc.

AutoNDA by SimpleDocs

Special Allocation of Net Property Gain. After giving effect to the allocations in subparagraph 1(c)(i) and paragraph 2 and to the extent not previously allocated pursuant to subparagraph 2(b), but prior to any allocation under subparagraph 1(a) and/or 1(c)(iior 1(b), Net Property Gain shall be allocated first to the Initial Limited Partner to the extent of the cumulative amount of Depreciation allocated to the Initial Limited partner pursuant to subparagraph 1(c)(iv1(c)(ii).

Appears in 2 contracts

Samples: Agreement (American Realty Capital Daily Net Asset Value Trust, Inc.), Agreement (American Realty Capital - Retail Centers of America, Inc.)

AutoNDA by SimpleDocs

Special Allocation of Net Property Gain. After giving effect to the allocations in subparagraph subparagraphs 1(c)(i) and 1(c)(ii) and paragraph 2 and to the extent not previously allocated pursuant to subparagraph 2(b), but prior to any allocation under subparagraph 1(a) and/or 1(c)(iior 1(b), Net Property Gain shall be allocated first to the Initial Limited Partner to the extent of the cumulative amount of Depreciation allocated to the Initial Limited partner pursuant to subparagraph 1(c)(iv1(c)(ii).

Appears in 1 contract

Samples: American Realty Capital - Retail Centers of America, Inc.

Time is Money Join Law Insider Premium to draft better contracts faster.