Priority Allocation With Respect To Preferred Partnership Units. All or a portion of the remaining items of Partnership gross income or gain for the Partnership Year, if any, shall be specially allocated to the Post Partners in an amount equal to the excess, if any, of the cumulative distributions received by each Post Partner pursuant to Section 5.1(i) hereof for the current Partnership Year and all prior Partnership Years (other than any distributions that are treated as being in satisfaction of the Liquidation Preference Amount for any Preferred Partnership Units) over the cumulative allocations of Partnership gross income and gain to such Post Partner under this Section 1.F for all prior Partnership Years (such allocations being made in proportion to the respective excess amounts for each Post Partner).
Priority Allocation With Respect To Preferred Partnership Units. All --------------------------------------------------------------- or a portion of the remaining items of Partnership gross income or gain for the Partnership fiscal year, if any, shall be specially allocated to the holders of the outstanding Series A Preferred Partnership Units and Series C Preferred Partnership Units (the "Preferred Unit Holders") in an amount equal to the excess, if any, of the cumulative distributions received by the Preferred Unit Holders pursuant to Section 6.2(i) of the Partnership Agreement, as amended, for the current Partnership fiscal year and all prior Partnership fiscal years (other than any distributions that are treated as being in satisfaction of the Liquidation Preference Amount for any Preferred Partnership Units) over the cumulative allocations of Partnership gross income and gain to the Preferred Unit Holders under this Section 2(g) for all prior Partnership fiscal years. Such allocations shall be made in proportion to relative excess amounts determined for each such holder. Solely for purposes of making the required allocation under this Section 2(g) in the fiscal year in which the Partnership is liquidated, the amount of any accrued but unpaid distributions in arrears in respect of the Preferred Partnership Units (determined in accordance with the relevant provisions of Exhibit R and Exhibit S to the Partnership Agreement) --------- --------- shall be treated as having been distributed to the Preferred Unit Holders immediately prior to such liquidation under Section 6.2(i) hereof.
Priority Allocation With Respect To Preferred Partnership Units. All or a portion of the remaining items of Partnership gross income or gain for the Partnership Year, if any, shall be specially allocated to the Partners holding Preferred Partnership Units in an amount equal to the excess, if any, of the cumulative distributions received by each such Partner pursuant to Section 5.1(i) hereof for the current Partnership Year and all prior Partnership Years (other than any distributions that are treated as being in satisfaction of the Liquidation Preference Amount for any Preferred Partnership Units) over the cumulative allocations of Partnership gross income and gain to such Partner under this Section 1.F for all prior Partnership Years (such allocations being made in proportion to the respective excess amounts for each such Partner). For purposes of making the priority allocation required by this Section 1.F., all Partnership distributions payable in respect of any series of Preferred Partnership Units which are declared by the General Partner on or before the end of a Partnership Year but which are paid within 31 calendar days after the end of such Partnership Year shall be deemed to have been paid on the last day of such Partnership Year.
Priority Allocation With Respect To Preferred Partnership Units. All --------------------------------------------------------------- or a portion of the remaining items of Partnership gross income or gain for the Partnership Year, if any, shall be specifically allocated to Weeks LP Holdings in an amount equal to the excess, if any, of the cumulative distributions received by Weeks LP Holdings pursuant to Section 6.2(i) of the Partnership Agreement, as amended, for the current Partnership Year and all prior Partnership Years (other than any distributions that are treated as being in satisfaction of the Liquidation Preference Amount for any Preferred Partnership Units) over the cumulative allocations of Partnership gross income and gain to Weeks LP Holdings under this Section 2(g) for all prior Partnership Years.
Priority Allocation With Respect To Preferred Partnership Units. All or a portion of the remaining items of Partnership gross income or gain for the Partnership Year, if any, shall be specially allocated to FAC Properties Holding Corp. in an amount equal to the excess, if any, of the cumulative distributions received by FAC Properties Holding Corp. pursuant to Section 5.1(i) hereof for the current Partnership Year and all prior Partnership Years (other than any distributions that are treated as being in satisfaction of the Liquidation Preference Amount for any Preferred Partnership Units) over the cumulative allocations of Partnership gross income and gain to FAC Properties Holding Corp. under this Section 1.G for all prior Partnership Years."
