Common use of Timing and Amount of Allocations of Net Income and Net Loss Clause in Contracts

Timing and Amount of Allocations of Net Income and Net Loss. Net Income and Net Loss of the Partnership shall be determined and allocated with respect to each Partnership Year of the Partnership as of the end of each such year. Subject to the other provisions of this Article 6, an allocation to a Partner of a share of Net Income or Net Loss shall be treated as an allocation of the same share of each item of income, gain, loss or deduction that is taken into account in computing Net Income or Net Loss.

Appears in 41 contracts

Samples: Limited Partnership Agreement (Digital Realty Trust, L.P.), Agreement of Limited Partnership (Digital Realty Trust, L.P.), Agreement of Limited Partnership (Digital Realty Trust, L.P.)

AutoNDA by SimpleDocs

Timing and Amount of Allocations of Net Income and Net Loss. Net Income and Net Loss of the Partnership shall be determined and allocated with respect to each Partnership Year of the Partnership as of the end of each such year. Subject to the other provisions of Except as otherwise provided in this Article 6VI, and subject to Section 11.06(c) hereof, an allocation to a Partner Holder of a share of Net Income or Net Loss shall be treated as an allocation of the same share of each item of income, gain, loss or deduction that is taken into account in computing Net Income or Net Loss.

Appears in 19 contracts

Samples: Limited Partnership Agreement (Hannon Armstrong Sustainable Infrastructure Capital, Inc.), Limited Partnership Agreement (Ready Capital Corp), Limited Partnership Agreement (Ready Capital Corp)

Timing and Amount of Allocations of Net Income and Net Loss. Net Income and Net Loss of the Partnership shall be determined and allocated with respect to each Partnership Year fiscal year of the Partnership as of the end of each such year. Subject to the other provisions of this Article 6, an allocation to a Partner of a share of Net Income or Net Loss shall be treated as an allocation of the same share of each item of income, gain, loss or deduction that is taken into account in computing Net Income or Net Loss.

Appears in 12 contracts

Samples: Agreement of Limited Partnership (Prologis, L.P.), Limited Partnership Agreement (MPG Office Trust, Inc.), Partnership Agreement (Thomas Properties Group Inc)

Timing and Amount of Allocations of Net Income and Net Loss. Net Income and Net Loss of the Partnership shall be determined and allocated with respect to each Partnership Year of the Partnership as of the end of each such year. Subject to the other provisions of Except as otherwise provided in this Article 6VI, and subject to Section 11.6.C hereof, an allocation to a Partner Holder of a share of Net Income or Net Loss shall be treated as an allocation of the same share of each item of income, gain, loss or deduction that is taken into account in computing Net Income or Net Loss.

Appears in 11 contracts

Samples: Agreement of Limited Partnership (Extra Space Storage Inc.), Limited Partnership Agreement, Agreement of Limited Partnership (Extra Space Storage Inc.)

Timing and Amount of Allocations of Net Income and Net Loss. Net Income and Net Loss of the Partnership shall be determined and allocated with respect to each Partnership Year fiscal year of the Partnership as of the end of each such year. Subject to the other provisions of this Article 6, an allocation to a Partner Holder of a share of Net Income or Net Loss shall be treated as an allocation of the same share of each item of income, gain, loss or deduction that is taken into account in computing Net Income or Net Loss.

Appears in 7 contracts

Samples: Limited Partnership Agreement (Kilroy Realty, L.P.), Agreement of Limited Partnership (Kilroy Realty, L.P.), Agreement of Limited Partnership (Kilroy Realty, L.P.)

Timing and Amount of Allocations of Net Income and Net Loss. Subject to Section 11.6C hereof, Net Income and Net Loss of the Partnership shall be determined and allocated with respect to each Partnership Fiscal Year of the Partnership as of the end of each such year. Subject to the other provisions of Except as otherwise provided in this Article 6, and subject to Section 11.6C hereof, an allocation to a Partner Unitholder of a share of Net Income or Net Loss shall be treated as an allocation of the same share of each item of income, gain, loss or deduction that is taken into account in computing Net Income or Net Loss.

Appears in 7 contracts

Samples: Limited Partnership Agreement (Aimco Properties L.P.), Limited Partnership Agreement (Aimco OP L.P.), Limited Partnership Agreement (Apartment Income REIT Corp.)

Timing and Amount of Allocations of Net Income and Net Loss. Net Income and Net Loss of the Partnership shall be determined and allocated with respect to each Partnership Year of the Partnership as of the end of each such year. Subject to the other provisions of Except as otherwise provided in this Article 6, and subject to Section 11.6.C hereof, an allocation to a Partner Holder of a share of Net Income or Net Loss shall be treated as an allocation of the same share of each item of income, gain, loss or deduction that is taken into account in computing Net Income or Net Loss.

Appears in 6 contracts

Samples: Agreement of Limited Partnership (CyrusOne Inc.), Limited Partnership Agreement (Avenue N Holdings LLC), Agreement of Limited Partnership (CareTrust REIT, Inc.)

Timing and Amount of Allocations of Net Income and Net Loss. Net Income and Net Loss of the Partnership shall be determined and allocated with respect to each Partnership Year of the Partnership as of the end of each such year. Subject to the other provisions of this Article 6, an allocation to a Partner of a share of Net Income or Net Loss shall be treated as an allocation of the same share of each item of income, gain, loss or deduction that is taken into account in computing Net Income or Net Loss.

Appears in 6 contracts

Samples: Limited Partnership Agreement (MGM Growth Properties Operating Partnership LP), Limited Partnership Agreement (MGM Growth Properties LLC), Limited Partnership Agreement (MGM Growth Properties LLC)

Timing and Amount of Allocations of Net Income and Net Loss. Net Income and Net Loss of the Partnership shall be determined and allocated with respect to each Partnership Year of the Partnership as of the end of each such year. Subject to the other provisions of Except as otherwise provided in this Article 6, and subject to Section 11.6.C hereof, an allocation to a Partner Unitholder of a share of Net Income or Net Loss shall be treated as an allocation of the same share of each item of income, gain, loss or deduction that is taken into account in computing Net Income or Net Loss.

Appears in 5 contracts

Samples: Agreement of Limited Partnership (Hilltop Holdings Inc.), Limited Partnership Agreement (Affordable Residential Communities Inc), Agreement of Limited Partnership (Arbor Realty Trust Inc)

Timing and Amount of Allocations of Net Income and Net Loss. Net Income and Net Loss of the Partnership shall be determined and allocated with respect to each Partnership Year of the Partnership as of the end of each such year. Subject to the other provisions of Except as otherwise provided in this Article 6VI, and subject to Section 11.6(c) hereof, an allocation to a Partner Holder of a share of Net Income or Net Loss shall be treated as an allocation of the same share of each item of income, gain, loss or deduction that is taken into account in computing Net Income or Net Loss.

Appears in 4 contracts

Samples: Agreement of Limited Partnership (Rayonier, L.P.), Agreement of Limited Partnership (Aspen REIT, Inc.), Limited Partnership Agreement (Safety, Income & Growth, Inc.)

Timing and Amount of Allocations of Net Income and Net Loss. Net Income and Net Loss of the Partnership shall be determined and allocated with respect to each Partnership Year of the Partnership or portion thereof, as of the end of each such yearapplicable. Subject to the other provisions of Except as otherwise provided in this Article 6VI, and subject to Section 11.6(c) hereof, an allocation to a Partner Unitholder of a share of Net Income or Net Loss shall be treated as an allocation of the same share of each item of income, gain, loss or deduction that is taken into account in computing Net Income or Net Loss.

Appears in 4 contracts

Samples: Limited Partnership Agreement (NorthStar Realty Europe Corp.), Agreement of Limited Partnership (NorthStar Realty Europe Corp.), Limited Partnership Agreement (NorthStar Asset Management Group Inc.)

Timing and Amount of Allocations of Net Income and Net Loss. Net Income and Net Loss of the Partnership shall be determined and allocated with respect to each Partnership Fiscal Year of the Partnership as of the end of each such year. Subject to the other provisions of Except as otherwise provided in this Article 6, and subject to Section 11.6.C hereof, an allocation to a Partner Unitholder of a share of Net Income or Net Loss shall be treated as an allocation of the same share of each item of income, gain, loss or deduction that is taken into account in computing Net Income or Net Loss.

Appears in 3 contracts

Samples: Limited Partnership Agreement (Apartment Investment & Management Co), Limited Partnership Agreement (Apartment Investment & Management Co), Limited Partnership Agreement (Excel Realty Trust Inc)

Timing and Amount of Allocations of Net Income and Net Loss. Net Income and Net Loss of the Partnership shall be determined and allocated with respect to each Partnership Year of the Partnership as of the end of each such yearPartnership Year. Subject to the other provisions of this Article 6, an allocation to a Partner of a share of Net Income or Net Loss shall be treated as an allocation of the same share of each item of income, gain, loss or deduction that is taken into account in computing Net Income or Net Loss.

Appears in 2 contracts

Samples: Limited Partnership Agreement (Bellingham II Associates, L.L.C.), Agreement of Limited Partnership (Pan Pacific Retail Properties Inc)

Timing and Amount of Allocations of Net Income and Net Loss. Net Income and Net Loss of the Partnership shall be determined and allocated with respect to each Partnership Year fiscal year of the Partnership as of the end of each such yearyear or as circumstances otherwise require or allow. Subject to the other provisions of this Article 6Section 5.4, an allocation to a Partner of a share of Net Income or Net Loss shall be treated as an allocation of the same share of each item of income, gain, loss or deduction that is taken into account in computing Net Income or Net Loss.

Appears in 2 contracts

Samples: Limited Partnership Agreement (Bumble Inc.), Limited Partnership Agreement (Bumble Inc.)

Timing and Amount of Allocations of Net Income and Net Loss. Net Income and Net Loss of the Partnership shall be determined and allocated with respect to each Partnership Fiscal Year of the Partnership as of the end of each such year. Subject to the other provisions of Except as otherwise provided in this Article 6, and subject to Section 11.6.C hereof, an allocation to a Partner Holder of a share of Net Income or Net Loss shall be treated as an allocation of the same share of each item of income, gain, loss or deduction that is taken into account in computing Net Income or Net Loss.

Appears in 2 contracts

Samples: Limited Partnership Agreement (Cornerstone Realty Income Trust Inc), Limited Partnership Agreement (Cornerstone Realty Income Trust Inc)

Timing and Amount of Allocations of Net Income and Net Loss. Net Income and Net Loss of the Partnership shall be determined and allocated to the Holders with respect to each Partnership Year of the Partnership as of the end of each such year. Subject to the other provisions of Except as otherwise provided in this Article 6VI, and subject to Section 11.06(c) hereof, an allocation to a Partner Holder of a share of Net Income or Net Loss shall be treated as an allocation of the same share of each item of income, gain, loss or deduction that is taken into account in computing Net Income or Net Loss.

Appears in 2 contracts

Samples: Second Amended and Restated Agreement of Limited Partnership (Gladstone Commercial Corp), Limited Partnership Agreement (GLADSTONE LAND Corp)

AutoNDA by SimpleDocs

Timing and Amount of Allocations of Net Income and Net Loss. Net Income and Net Loss of the Partnership shall be determined and allocated with respect to each Partnership Year of the Partnership as of the end of each such year. Subject to the other provisions of Except as otherwise provided in this Article 6XI and subject to Section 11.6C hereof, an allocation to a Partner Unitholder of a share of Net Income or Net Loss shall be treated as an allocation of the same share of each item of income, gain, loss or deduction that is taken into account in computing Net Income or Net Loss.

Appears in 2 contracts

Samples: Limited Partnership Agreement (Arbor Realty Trust Inc), Agreement of Limited Partnership (Arbor Realty Trust Inc)

Timing and Amount of Allocations of Net Income and Net Loss. Net Income and Net Loss of the Partnership shall be determined and allocated with respect to each Partnership Year of the Partnership as of the end of each such year. Subject to the other provisions of Except as otherwise provided in this Article 6VI, and subject to Section 11.06(c) hereof, an allocation to a Partner of a share of Net Income or Net Loss shall be treated as an allocation of the same share of each item of income, gain, loss or deduction that is taken into account in computing Net Income or Net Loss.

Appears in 1 contract

Samples: Limited Partnership Agreement (Preston Hollow Community Capital, Inc.)

Timing and Amount of Allocations of Net Income and Net Loss. Net Income and Net Loss of the Partnership shall be determined and allocated with respect to each Partnership Year of the Partnership as of the end of each such year. Subject to the other provisions of Except as otherwise provided in this Article 6, and subject to Section 11.6(c) hereof, an allocation to a Partner Holder of a share of Net Income or Net Loss shall be treated as an allocation of the same share of each item of income, gain, loss or deduction that is taken into account in computing Net Income or Net Loss.

Appears in 1 contract

Samples: Agreement of Limited Partnership (Hammons John Q Hotels Inc)

Timing and Amount of Allocations of Net Income and Net Loss. Net Income and Net Loss of the Partnership shall be determined and allocated with respect to each Partnership Year of the Partnership as of the end of each such year. Subject to the other provisions of Except as otherwise provided in this Article 6VI, and subject to Section 11.06(c) hereof, an allocation to a Partner Holder of a share of Net Income or Net Loss shall be treated as an allocation of the same share of each item of income, gain, loss or deduction that is taken into account in computing Net Income or Net Loss. General Allocations.

Appears in 1 contract

Samples: Limited Partnership Agreement (Empire State Realty OP, L.P.)

Timing and Amount of Allocations of Net Income and Net Loss. Net Income and Net Loss of the Partnership shall be determined and allocated with respect to each Partnership Year of the Partnership as of the end of each such year. Subject to , provided, that the other provisions General Partner may in its discretion allocate Net Income and Net Loss for a shorter period as of the end of such period (and, for purposes of this Article 6, an allocation references to a Partner of a share of Net Income or Net Loss shall be treated as an allocation of the same share of each item of incometerm “Partnership Year” may include such shorter periods). Except to the extent otherwise provided in this Article 6, gain, loss or deduction that is taken into account in computing Net Income or Net Loss.and subject to Section

Appears in 1 contract

Samples: Limited Partnership Agreement (GTJ REIT, Inc.)

Timing and Amount of Allocations of Net Income and Net Loss. Net Income and Net Loss of the Partnership shall be determined and allocated with respect to each Partnership Year of the Partnership as of the end of each such year. Subject to the other provisions of Except as otherwise provided in this Article 6‎VI, and subject to Section ‎11.06(c) hereof, an allocation to a Partner Holder of a share of Net Income or Net Loss shall be treated as an allocation of the same share of each item of income, gain, loss or deduction that is taken into account in computing Net Income or Net Loss.

Appears in 1 contract

Samples: Limited Partnership Agreement (Retail Opportunity Investments Partnership, LP)

Timing and Amount of Allocations of Net Income and Net Loss. Net Income and Net Loss of the Partnership shall be determined and allocated with respect to each Partnership Year of the Partnership as of the end of each such year. Subject to , provided that the other provisions General Partner may, in its sole and absolute discretion, allocate Net Income and Net Loss for a shorter period as of the end of such period (and, for purposes of this Article 6, an allocation references to a Partner of a share of Net Income or Net Loss shall be treated as an allocation of the same share of each item of income, gain, loss or deduction that is taken into account in computing Net Income or Net Loss.term

Appears in 1 contract

Samples: Limited Partnership Agreement (Spirit Realty Capital, Inc.)

Timing and Amount of Allocations of Net Income and Net Loss. Net Income and Net Loss of the Partnership shall be determined and allocated with respect to each Partnership Year of the Partnership as of the end of each such year. Subject to the other provisions of Except as otherwise provided in this Article 6VI, an allocation to a Partner Unitholder of a share of Net Income or Net Loss shall be treated as an allocation of the same share of each item of income, gain, loss or deduction that is taken into account in computing Net Income or Net Loss.

Appears in 1 contract

Samples: Limited Partnership Agreement (Newkirk Realty Trust, Inc.)

Timing and Amount of Allocations of Net Income and Net Loss. Net Income and Net Loss of the Partnership shall be determined and allocated with respect to each Partnership Year of the Partnership as of the end of each such year. Subject to the other provisions of this Article 6VI, an allocation to a Partner of a share of Net Income or Net Loss shall be treated as an allocation of the same share of each item of income, gain, loss or deduction that is taken into account in computing Net Income or Net Loss.

Appears in 1 contract

Samples: Limited Partnership Agreement (Seritage Growth Properties)

Timing and Amount of Allocations of Net Income and Net Loss. Net Income and Net Loss of the Partnership shall be determined and allocated with respect to each Partnership Year taxable year of the Partnership as of the end of each such year. Subject to the other provisions of this Article 6, an allocation to a Partner of a share of Net Income or Net Loss shall be treated as an allocation of the same share of each item of income, gain, loss or deduction that is taken into account in computing Net Income or Net Loss.

Appears in 1 contract

Samples: Limited Partnership Agreement (Prime Group Realty Trust)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!