Special Allocations Regarding LTIP Units. Notwithstanding the provisions of Section 6.02 above, Liquidating Gains shall first be allocated to the LTIP Unitholders until the Economic Capital Account Balances of such Holders, to the extent
Appears in 4 contracts
Samples: Agreement of Limited Partnership, Limited Partnership Agreement (Hannon Armstrong Sustainable Infrastructure Capital, Inc.), Limited Partnership Agreement (Empire State Realty Trust, Inc.)
Special Allocations Regarding LTIP Units. Notwithstanding the provisions of Section 6.02 above, Liquidating Gains shall first be allocated to the LTIP Unitholders until the Economic Capital Account Balances of such Holders, to the extentextent attributable to their ownership of LTIP Units, are equal to (i) the OP Unit Economic Balance, multiplied by (ii) the
Appears in 2 contracts
Samples: Limited Partnership Agreement (Empire State Realty OP, L.P.), Limited Partnership Agreement (Empire State Realty Trust, Inc.)
Special Allocations Regarding LTIP Units. Notwithstanding the provisions of Section 6.02 aboveSections 5.01(a) and (b) hereof, Liquidating Gains shall first be allocated to the LTIP Unitholders until the their Economic Capital Account Balances of such HoldersBalances, to the extentextent attributable to their ownership of LTIP Units, are equal to (i) the Common Unit Economic Balance, multiplied by (ii) the number of their LTIP Units. For this purpose, “Liquidating Gains” means net capital
Appears in 2 contracts
Samples: Limited Partnership Agreement (Summit Hotel Properties, Inc.), Limited Partnership Agreement (Summit Hotel Properties, Inc.)
Special Allocations Regarding LTIP Units. Notwithstanding the provisions of Section 6.02 6.2 above, Liquidating Gains shall first be allocated to the LTIP Unitholders until the Economic Capital Account Balances of such Holders, to the extentextent attributable to their ownership of LTIP Units, are equal to (i) the OP Unit Economic Balance, multiplied by (ii) the number of their LTIP Units; provided
Appears in 2 contracts
Samples: Limited Partnership Agreement (Invesco Mortgage Capital Inc.), Limited Partnership Agreement (Invesco Agency Securities Inc.)
Special Allocations Regarding LTIP Units. Notwithstanding the provisions of Section 6.02 above6.1.A, Liquidating Gains shall first be allocated to the LTIP Unitholders until the their Economic Capital Account Balances of such HoldersBalances, to the extentextent attributable to their ownership of LTIP Units, are equal to (i) the Class A Unit Economic Balance, multiplied by (ii) the number of their LTIP Units. For this purpose, “Liquidating Gains” means net gains that are or would be realized in
Appears in 1 contract
Special Allocations Regarding LTIP Units. Notwithstanding the provisions of Section 6.02 above6.1.A, Liquidating Gains shall first be allocated to the LTIP Unitholders until the Economic Capital Account Balances of such Holders, to the extenttheir
Appears in 1 contract
Samples: Agreement of Limited Partnership (RLJ Lodging Trust)
Special Allocations Regarding LTIP Units. Notwithstanding the provisions of Section 6.02 aboveSections 5.01(a) and (b) hereof, Liquidating Gains shall first be allocated to the LTIP Unitholders until the their Economic Capital Account Balances of such HoldersBalances, to the extentextent attributable to their ownership of LTIP Units, are equal to (i) the Common Unit Economic Balance, multiplied by (ii) the number of their LTIP Units. For this purpose, “Liquidating Gains” means net capital gains
Appears in 1 contract
Samples: Agreement of Limited Partnership (Hersha Hospitality Trust)
Special Allocations Regarding LTIP Units. Notwithstanding the provisions of Section 6.02 above6.1.A, Liquidating Gains shall first be allocated to the LTIP Unitholders until the their Economic Capital Account Balances of such HoldersBalances, to the extentextent attributable to their ownership of LTIP Units, are equal to (i) the OP Unit Economic Balance, multiplied by (ii) the number of their LTIP Xxxxx,
Appears in 1 contract
Special Allocations Regarding LTIP Units. Notwithstanding the provisions of Section 6.02 aboveSections 5.01(a) and (b) hereof, Liquidating Gains shall first be allocated to the LTIP Unitholders until the Economic Capital Account Balances of such Holders, to the extentUnitholders
Appears in 1 contract
Samples: Limited Partnership Agreement (Physicians Realty Trust)
Special Allocations Regarding LTIP Units. Notwithstanding the provisions of Section 6.02 aboveSections 5.01(a) and (b) hereof, Liquidating Gains shall first be allocated to the LTIP Unitholders until the Economic Capital Account Balances of such Holders, to the extenttheir Economic
Appears in 1 contract
Samples: Limited Partnership Agreement (Summit Hotel Properties, Inc.)
Special Allocations Regarding LTIP Units. Notwithstanding the provisions of Section 6.02 above6.1.A, Liquidating Gains shall first be allocated to the LTIP Unitholders until the their Economic Capital Account Balances of such HoldersBalances, to the extentextent attributable to their ownership of LTIP Units, are equal to (i) the Class A Unit Economic Balance,
Appears in 1 contract
Samples: Amended and Restated Agreement of Limited Partnership (Kite Realty Group Trust)
