Common use of Special Allocations with Respect to LTIP Units Clause in Contracts

Special Allocations with Respect to LTIP Units. After giving effect to the special allocations set forth in Sections 7.4(a) through 7.4(h), and notwithstanding the provisions of Section 7.1, but subject to the prior allocation of Profits and Losses under Section 7.1, any Liquidating Gains shall first be allocated to the holders of LTIP Units until the Economic Capital Account Balances of such holders, to the extent 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 that no such Liquidating Gains will be allocated with respect to any particular LTIP Unit unless, and such allocations, if any, shall be made only to the extent that, such Liquidating Gains, when aggregated with other Liquidating Gains realized by holders of LTIP Units since the issuance of such LTIP Unit, exceed Liquidating Losses realized since the issuance of such LTIP Unit. After giving effect to the special allocations set forth in Sections7.4(a) through 7.4(h), and notwithstanding the provisions of Section 7.1, in the event that, due to distributions with respect to OP Units in which the LTIP Units do not participate or otherwise, the Economic Capital Account Balance of any present or former holder of LTIP Units, to the extent attributable to the holder’s ownership of LTIP Units, exceeds the target balance specified above, then Liquidating Losses shall be allocated to such holder

Special Allocations with Respect to LTIP Units. After giving effect to the special allocations set forth in Sections 7.4(a) through 7.4(h)Section 1 of Exhibit C hereto, and notwithstanding the provisions of Section 7.1Sections 6.1.A and 6.1.B above, but subject to the prior allocation of Profits income and Losses gain under Section 7.1clauses 6.1.A(i) through (v) above, any Liquidating Gains shall first be allocated to the holders of LTIP Units until the Economic Capital Account Balances of such holders, to the extent attributable to their ownership of LTIP Units, are equal to (i) the OP Class A Unit Economic Balance, multiplied by (ii) the number of their LTIP Units; provided that no such Liquidating Gains will be allocated with respect to any particular LTIP Unit unless, unless and such allocations, if any, shall be made only to the extent that, that such Liquidating Gains, when aggregated with other Liquidating Gains realized by holders of LTIP Units since the issuance of such LTIP Unit, exceed Liquidating Losses realized since the issuance of such LTIP Unit. After giving effect to the special allocations set forth in Sections7.4(a) through 7.4(h)Section 1 of Exhibit C hereto, and notwithstanding the provisions of Section 7.1Sections 6.1.A and 6.1.B above, in the event that, due to distributions with respect to OP Class A Units in which the LTIP Units do not participate or otherwise, the Economic Capital Account Balance of any present or former holder of LTIP Units, to the extent attributable to the holder’s ownership of LTIP Units, exceeds the target balance specified above, then Liquidating Losses shall be allocated to such holderthen

Special Allocations with Respect to LTIP Units. (i) After giving effect to the special allocations set forth in Sections 7.4(a) through 7.4(h)Section 1 of Exhibit C hereto, and notwithstanding the provisions of Section 7.1Sections 6.1.A and 6.1.B above, but subject to the prior allocation of Profits income and Losses gain under Section 7.1Subsections 6.1.A(i) through (iv) above, any remaining Liquidating Gains shall first be allocated to the holders of LTIP Units until the Economic Capital Account Balances of such holders, to the extent attributable to their ownership of LTIP Units, are equal to (i) the OP Common Partnership Unit Economic Balance, multiplied by (ii) the number of their LTIP Units; provided that no such Liquidating Gains will be allocated with respect to any particular LTIP Unit unless, unless and such allocations, if any, shall be made only to the extent that, that such Liquidating Gains, when aggregated with other Liquidating Gains realized by holders of LTIP Units since the issuance of such LTIP Unit, exceed Liquidating Losses realized since the issuance of such LTIP Unit. After giving effect (ii) Liquidating Gain allocated to the special allocations set forth in Sections7.4(a) through 7.4(h), and notwithstanding the provisions of an LTIP Unitholder under this Section 7.1, in the event that, due 6.1.E will be attributed to distributions with respect to OP Units in which the specific LTIP Units do not participate of such LTIP Unitholder for purposes of determining (i) allocations under this Section 6.1.E, (ii) the effect of the forfeiture or otherwise, the conversion of specific LTIP Units on such LTIP Unitholder’s Economic Capital Account Balance and (iii) the ability of any present or former holder of such LTIP Unitholder to convert specific LTIP Units into Common Partnership Units. Such Liquidating Gain will be attributed to LTIP Units in the following order: (i) first, to the extent attributable to the holder’s ownership of LTIP Units, exceeds the target balance specified above, then Liquidating Losses shall be allocated to such holderto

Special Allocations with Respect to LTIP Units. After giving effect to the special allocations set forth in Sections 7.4(a) through 7.4(h)Section 1 of Exhibit C hereto, and notwithstanding the provisions of Section 7.1Sections 6.1.A and 6.1.B above, but subject to the prior allocation of Profits income and Losses gain under Section 7.1clauses 6.1.A(i) through (v) above, any Liquidating Gains shall first be allocated to the holders of LTIP Units until the Economic Capital Account Balances of such holders, to the extent attributable to their ownership of LTIP Units, are equal to (i) the OP Class A Unit Economic Balance, multiplied by (ii) the number of their LTIP Units; provided that no such Liquidating Gains will be allocated with respect to any particular LTIP Unit unless, unless and such allocations, if any, shall be made only to the extent that, that such Liquidating Gains, when aggregated with other Liquidating Gains realized by holders of LTIP Units since the issuance of such LTIP Unit, exceed Liquidating Losses realized since the issuance of such LTIP Unit. After giving effect to the special allocations set forth in Sections7.4(a) through 7.4(h)Section 1 of Exhibit C hereto, and notwithstanding the provisions of Section 7.1Sections 6.1.A and 6.1.B above, in the event that, due to distributions with respect to OP Class A Units in which the LTIP Units do not participate or otherwise, the Economic Capital Account Balance of any present or former holder of LTIP Units, to the extent attributable to the holder’s ownership of LTIP Units, exceeds the target balance specified above, then Liquidating Losses shall be allocated to such holder’s

Special Allocations with Respect to LTIP Units. After giving effect to the special allocations set forth in Sections 7.4(a) through 7.4(h)Section 1 of Exhibit C hereto, and notwithstanding the provisions of Section 7.1Sections 6.01.A and 6.01.B above, but subject to the prior allocation of Profits income and Losses gain under Section 7.1clauses 6.01.A(i) and (ii) above, any Liquidating Gains shall first be allocated to the holders of LTIP Units until the Economic Capital Account Balances of such holders, to the extent attributable to their ownership of LTIP Units, are equal to (i) the OP Class A Unit Economic Balance, multiplied by (ii) the number of their LTIP Units; provided that no such Liquidating Gains will be allocated with respect to any particular LTIP Unit unless, unless and such allocations, if any, shall be made only to the extent that, that such Liquidating Gains, when aggregated with other Liquidating Gains realized by holders of LTIP Units since the issuance of such LTIP Unit, exceed Liquidating Losses realized since the issuance of such LTIP Unit. After giving effect to the special allocations set forth in Sections7.4(a) through 7.4(h)Section 1 of Exhibit C hereto, and notwithstanding the provisions of Section 7.1Sections 6.01.A and 6.01.B above, in the event that, due to distributions with respect to OP Class A Units in which the LTIP Units do not participate or otherwise, the Economic Capital Account Balance of any present or former holder of LTIP Units, to the extent attributable to the holder’s ownership of LTIP Units, exceeds the target balance specified above, then Liquidating Losses shall be allocated to such holderthen