Special Allocations of Net Property Gain. Notwithstanding any other provisions of this Sections 5.01, after giving effect to the regulatory allocations in Section 5.01(d) and to the extent not previously allocated pursuant to Section 5.01(d)(ii), but prior to any allocations under Section 5.01(b), Net Property Gain and, to the extent necessary, individual items of income and gain comprising Net Property Gain of the Partnership, shall be allocated to the Advisors Limited Partner to the extent of the cumulative amount of Depreciation allocated to the Advisors Limited Partner pursuant to Section 5.01(c)(i).
Appears in 3 contracts
Samples: Limited Partnership Agreement (American Realty Capital Trust V, Inc.), Limited Partnership Agreement (New York REIT, Inc.), Limited Partnership Agreement (American Realty Capital Healthcare Trust Inc)
Special Allocations of Net Property Gain. Notwithstanding any other provisions of this Sections 5.01, after giving effect to the regulatory allocations in Section 5.01(d) and to the extent not previously allocated pursuant to Section 5.01(d)(ii), but prior to any allocations under Section 5.01(b5.01(b)(ii), Net Property Gain and, to the extent necessary, individual items of income and gain comprising Net Property Gain of the Partnership, shall be allocated to the Advisors Initial Limited Partner to the extent of the cumulative amount of Depreciation allocated to the Advisors Initial Limited Partner pursuant to Section 5.01(c)(i).
Appears in 2 contracts
Samples: Second Amended and Restated Agreement of Limited Partnership (Global Net Lease, Inc.), Second Amended and Restated Agreement of Limited Partnership (Global Net Lease, Inc.)
Special Allocations of Net Property Gain. Notwithstanding any other provisions of this Sections 5.01, after giving effect to the regulatory allocations in Section 5.01(d) and to the extent not previously allocated pursuant to Section 5.01(d)(ii), but prior to any allocations under Section 5.01(b5.01(a), Net Property Gain and, to the extent necessary, individual items of income and gain comprising Net Property Gain of the Partnership, shall be allocated to the Advisors Initial Limited Partner to the extent of the cumulative amount of Depreciation allocated to the Advisors Initial Limited Partner pursuant to Section 5.01(c)(i).
Appears in 1 contract
Samples: Second Amended and Restated Agreement of Limited Partnership (Global Net Lease, Inc.)
Special Allocations of Net Property Gain. Notwithstanding any other provisions of this Sections 5.01, after giving effect to the regulatory allocations in Section 5.01(d) and to the extent not previously allocated pursuant to Section 5.01(d)(ii), but prior to any allocations under Section 5.01(b5.01(a), Net Property Gain and, to the extent necessary, individual items of income and gain comprising Net Property Gain of the Partnership, shall be allocated to the Advisors Initial Limited Partner to the extent of the cumulative amount of Depreciation allocated to the Advisors Initial Limited Partner pursuant to Section 5.01(c)(i).
Appears in 1 contract
Samples: Second Amended and Restated Agreement of Limited Partnership (Global Net Lease, Inc.)
Special Allocations of Net Property Gain. Notwithstanding any other provisions of this Sections 5.01, after giving effect to the regulatory allocations in Section 5.01(d) and to the extent not previously allocated pursuant to Section 5.01(d)(ii), but prior to any allocations under Section 5.01(b), Net Property Gain and, to the extent necessary, individual items of income and gain comprising Net Property Gain of the Partnership, shall be allocated to the Advisors Initial Limited Partner to the extent of the cumulative amount of Depreciation allocated to the Advisors Initial Limited Partner pursuant to Section 5.01(c)(i).
Appears in 1 contract
Samples: Limited Partnership Agreement (Global Net Lease, Inc.)