Common use of Special Fees Clause in Contracts

Special Fees. Consistent with Section 4.9, if the Partnership directly or indirectly incurs Special Fees, (i) Cash Available for Distribution or Net Sales Proceeds, as the case may be, available for distribution under this Section 5.1 shall be increased by the Special Fees to the extent that Cash Available for Distribution or Net Sales Proceeds have been previously reduced by such fees; and (ii) the amounts otherwise distributable among the Classes of OP Units shall then be reduced to reflect their appropriate share or shares of the Special Fees. For example, if the Partnership has Cash Available for Distribution of $1,000 after taking into account a distribution and stockholder servicing fee of $200 that is required to be borne entirely by the Partners holding Class T Units, Cash Available for Distribution shall be increased to $1,200 for purposes of this Section 5.1 and the amounts otherwise distributable to the Class T Units under this Section 5.1 shall be reduced by $200.

Special Fees. Consistent with Section 4.9, if the Partnership directly or indirectly incurs Special Fees, (i) Cash Available for Distribution or Net Sales Proceeds, as the case may be, available for distribution under this Section 5.1 shall be increased by the Special Fees to the extent that Cash Available for Distribution or Net Sales Proceeds have been previously reduced by such fees; and (ii) the amounts otherwise distributable among the Classes of OP Units shall then be reduced to reflect their appropriate share or shares of the Special Fees. For example, if the Partnership has Cash Available for Distribution of $1,000 after taking into account a distribution and stockholder servicing fee fees of $200 239.50 and $241.40 that is are required to be borne entirely by the Partners holding Class T Units and Class T-3 Units, respectively, Cash Available for Distribution shall be increased to $1,200 1,480.90 for purposes of this Section 5.1 and the amounts otherwise distributable to the Class T Units and the Class T-3 Units under this Section 5.1 shall be reduced by $200239.50 and $241.40, respectively.

Special Fees. Consistent with Section 4.9, if the Partnership directly or indirectly incurs Special Fees, (i) Cash Available for Distribution or Net Sales Proceeds, as the case may be, available for distribution under this Section 5.1 shall be increased by the Special Fees to the extent that Cash Available for Distribution or Net Sales Proceeds have been previously reduced by such fees; and (ii) the amounts otherwise distributable among the Classes of OP Units shall then be reduced to reflect their appropriate share or shares of the Special Fees. For example, if the Partnership has Cash Available for Distribution of $1,000 after taking into account a distribution and stockholder shareholder servicing fee of $200 that is required to be borne entirely by the Partners holding Class T Units, Cash Available for Distribution shall be increased to $1,200 for purposes of this Section 5.1 and the amounts otherwise distributable to the Class T Units under this Section 5.1 shall be reduced by $200.

Special Fees. Consistent with Section 4.9, if the Partnership directly or indirectly incurs Special Fees, (i) Cash Available for Distribution or Net Sales Proceeds, as the case may be, available for distribution under this Section 5.1 shall be increased by the Special Fees to the extent that Cash Available for Distribution or Net Sales Proceeds have been previously reduced by such fees; and (ii) the amounts otherwise distributable among the Classes of OP Units shall then be reduced to reflect their appropriate share or shares of the Special Fees. For example, if the Partnership has Cash Available for Distribution of $1,000 after taking into account a distribution and stockholder shareholder servicing fee of $200 that is required to be borne entirely by the Partners holding Class T C Units, Cash Available for Distribution shall be increased to $1,200 for purposes of this Section 5.1 and the amounts otherwise distributable to the Class T C Units under this Section 5.1 shall be reduced by $200.