Common use of Calculation of Distributions Clause in Contracts

Calculation of Distributions. In calculating the amount that would be distributed pursuant to Section 5.1(a) hereof to the applicable Partner under Section 16.2 above, the Partners shall assume that the sum of $100,000 (or such lesser amount as is then known to be sufficient for such purposes) shall be deemed set aside for liquidation costs and reserves, and there shall be no deduction for transfer taxes or brokerage commissions.

Appears in 4 contracts

Samples: Partnership Agreement, Partnership Agreement (Dividend Capital Total Realty Trust Inc.), Partnership Agreement (Dividend Capital Total Realty Trust Inc.)

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