Common use of Special Allocations Regarding the Special Limited Partner Interest Clause in Contracts

Special Allocations Regarding the Special Limited Partner Interest. After giving effect to the special allocations in paragraph 2 but prior to any allocations under subparagraph 1(a) and 1(b), Net Property Gain and, to the extent necessary, individual items of income and gain comprising Net Property Gain of the Partnership, and Liquidating Gain shall be allocated to the Special Limited Partner until the Special Limited Partner has received aggregate allocations of income for all fiscal years equal to the aggregate amount of distributions the Special Limited Partner is entitled to receive or has received with respect to the Special Limited Partner Interest for such fiscal year and all prior fiscal years. Notwithstanding the foregoing, if the Special Limited Partner is entitled to receive distributions of Net Sale Proceeds pursuant to the Partnership’s obligation under a Listing Amount or a Termination Amount, Liquidating Gain shall be allocated to the Special Limited Partner until the Special Limited Partner has received aggregate allocations equal to the aggregate amount of distributions the Special Limited Partner is entitled to receive pursuant to such Listing Amount or Termination Amount.

Special Allocations Regarding the Special Limited Partner Interest. After giving effect to the special allocations in paragraph 2 but prior to any allocations under subparagraph 1(a) and 1(b), Net Property Gain and, to the extent necessary, individual items of income and gain comprising Net Property Gain of the Partnership, and Liquidating Gain shall be allocated to the Special Limited Partner until the Special Limited Partner has received aggregate allocations of income for all fiscal years equal to the aggregate amount of distributions the Special Limited Partner is entitled to receive or has received with respect to the Special Limited Partner Interest for such fiscal year and all prior fiscal years. Notwithstanding the foregoing, if the Special Limited Partner is entitled to receive distributions of Net Sale Proceeds pursuant to the Partnership’s obligation under to pay a Listing Amount or Amount, a Termination Amount, or an Investment Liquidity Amount, Liquidating Gain shall be allocated to the Special Limited Partner until the Special Limited Partner has received aggregate allocations equal sufficient to enable the Special Limited Partner to receive the aggregate amount of distributions the Special Limited Partner is entitled to receive pursuant to based on such Listing Amount or Amount, Termination Amount, or Investment Liquidity Amount.

Special Allocations Regarding the Special Limited Partner Interest. After giving effect to the special allocations in paragraph 2 but prior to any allocations under subparagraph 1(a) and 1(b), Net Property Gain and, to the extent necessary, individual items of income and gain comprising Net Property Gain of the Partnership, and Liquidating Gain Partnership shall be allocated to the Special Limited Partner until the Special Limited Partner has received aggregate allocations of income for all fiscal years equal to the aggregate amount of distributions the Special Limited Partner is entitled to receive or has received with respect to the Special Limited Partner Interest for such fiscal year and all prior fiscal years. Notwithstanding the foregoing, if the Special Limited Partner is entitled to receive distributions of Net Sale Sales Proceeds pursuant to the Partnership’s obligation under a Listing Amount Promote, Termination Promote or a Termination AmountInvestment Liquidity Promote, Liquidating Net Property Gain shall be allocated to the Special Limited Partner until the Special Limited Partner has received aggregate allocations equal to the aggregate amount of distributions the Special Limited Partner is entitled to receive pursuant to such Listing Amount Promote, Termination Promote or Termination AmountInvestment Liquidity Promote.