Common use of Net Income Clause in Contracts

Net Income. (i) First, 100% to the General Partner in an amount equal to the remainder, if any, of the cumulative Net Losses allocated to the General Partner pursuant to clause (iii) in Section 6.2.B for all prior Partnership Years minus the cumulative Net Income allocated to the General Partner pursuant to this clause (i) for all prior Partnership Years;

Appears in 25 contracts

Samples: Contribution Agreement (City Office REIT, Inc.), Contribution Agreement (City Office REIT, Inc.), Agreement (Spirit Realty Capital, Inc.)

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Net Income. (i) First, 100% to the General Partner in an amount equal to the remainder, if any, of the cumulative Net Losses allocated to the General Partner pursuant to clause (iiiiv) in Section 6.2.B for all prior Partnership Years minus the cumulative Net Income allocated to the General Partner pursuant to this clause (i) for all prior Partnership Years;

Appears in 5 contracts

Samples: Agreement (Rexford Industrial Realty, Inc.), Rexford Industrial Realty, Inc., Rexford Industrial Realty, Inc.

Net Income. (i) A. First, 100% to the General Partner in an amount equal to the remainder, if any, of the cumulative Net Losses allocated to the General Partner pursuant to clause (iiiSection 6.2(a)(ii)(C) in Section 6.2.B for all prior Partnership Years minus the cumulative Net Income allocated to the General Partner pursuant to this clause (iA) for all prior Partnership Years;

Appears in 1 contract

Samples: Parkway Properties Inc

Net Income. (i) First, 100% to the General Partner in an amount equal to the remainder, if any, of the cumulative Net Losses allocated to the General Partner pursuant to clause (iii) in Section 6.2.B 6.2(b) for all prior Partnership Years minus the cumulative Net Income allocated to the General Partner pursuant to this clause (i) for all prior Partnership Years;

Appears in 1 contract

Samples: Orion Office REIT Inc.

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Net Income. (i) Firsti)First, 100% to the General Partner in an amount equal to the remainder, if any, of the cumulative Net Losses allocated to the General Partner pursuant to clause (iii) in Section 6.2.B 6.2(b) for all prior Partnership Years minus the cumulative Net Income allocated to the General Partner pursuant to this clause (i) for all prior Partnership Years;

Appears in 1 contract

Samples: ​ Agreement (Indus Realty Trust, Inc.)

Net Income. (i) First, 100% to the General Partner in an amount equal to the remainder, if any, of the cumulative Net Losses allocated to the General Partner pursuant to clause (iii) in Section 6.2.B 6.2(b) for all prior Partnership Years minus the cumulative Net Income allocated to the General Partner pursuant to this clause (i) for all prior Partnership Years;.

Appears in 1 contract

Samples: NewLake Capital Partners, Inc.

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