Common use of Distribution of Cash Clause in Contracts

Distribution of Cash. A. Subject to Article 13, the other provisions of this Article 5 and the rights and preferences of any Preferred Units or additional class or series of Partnership Units established pursuant to Section 4.2, the Partnership shall distribute cash at such times and in such amounts as are determined by the General Partner, in its sole and absolute discretion, to the Partners who are Partners on the Partnership Record Date in accordance with their respective Percentage Interests on the Partnership Record Date.

Appears in 9 contracts

Samples: 1st stREIT Office Inc., Paramount Group, Inc., DiamondRock Hospitality Co

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Distribution of Cash. A. Subject to Article 13, the other provisions of this Article 5 and the rights and preferences of any Preferred Units or additional class or series of Partnership Units established pursuant to Section 4.2, 4.2 the Partnership shall distribute cash at such times and in such amounts as are determined by the General Partner, in its sole and absolute discretion, to the Partners who are Partners on the Partnership Record Date in accordance with their respective Percentage Interests on the Partnership Record Date.

Appears in 3 contracts

Samples: Paramount Group, Inc., Gaming & Leisure Properties, Inc., Paramount Group, Inc.

Distribution of Cash. A. (a) Subject to Article 13, the other provisions sections of this Article 5 Section 5.02 and the rights and preferences of any Preferred Units or additional class or series of Partnership Units established pursuant to Section 4.213.03 hereof, the Partnership shall distribute cash at such times and in such amounts as are are, subject to the terms and conditions of this Agreement, determined by the General Partner, Partner in its sole and absolute discretion, to the Partners who are Partners on the Partnership Record Date with respect to such quarter (or other distribution period) in accordance proportion with their respective Percentage Interests Partnership Units, as the case may be, on the Partnership Record Date.

Appears in 2 contracts

Samples: Agreement (American Realty Capital Properties, Inc.), Agreement (American Realty Capital Properties, Inc.)

Distribution of Cash. A. Subject to Article 13, the other provisions of this Article 5 and the rights and preferences of any Preferred Units or additional class or series of Partnership Units established pursuant to Section 4.2, the Partnership shall use reasonable efforts to distribute cash at such times and least quarterly in such amounts as are determined by the General Partner, in its sole and absolute discretion, to the Partners who are Partners on the Partnership Record Date in accordance with their respective Percentage Interests on the Partnership Record Date.

Appears in 2 contracts

Samples: Original Agreement (Easterly Government Properties, Inc.), Original Agreement (Easterly Government Properties, Inc.)

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Distribution of Cash. A. Subject to Article 13, the other provisions of this Article 5 and the rights and preferences of any Preferred Units or additional class or series of Partnership Units established pursuant to Section 4.2, the Partnership shall distribute cash at such times and in such amounts as are determined by the General Partner, Partner in its sole and absolute discretion, to the Partners who are Partners on the Partnership Record Date in accordance with their respective Percentage Interests on the Partnership Record Date.

Appears in 1 contract

Samples: Cole Real Estate Income Strategy (Daily Nav), Inc.

Distribution of Cash. A. (a) Subject to Article 13, the other provisions of this Article 5 V and the rights and preferences of any Preferred Units or additional class or series of Partnership Units established pursuant to Section 4.24.02, the Partnership shall distribute cash on a quarterly (or, at such times and the election of the General Partner, more frequent) basis, in such amounts as are determined by the General Partner, Partner in its sole and absolute discretion, to the Partners who are Partners on the Partnership Record Date in accordance with their respective Percentage Interests on the Partnership Record Date.

Appears in 1 contract

Samples: Third Amended and Restated Agreement (Behringer Harvard Reit I Inc)

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