Common use of Profit Clause in Contracts

Profit. After giving effect to the special allocations set forth in Section 5.01(c), (d), and (e) hereof, and subject to Section 5.01(f), Profit of the Partnership for each fiscal year of the Partnership shall be allocated to the Partners in accordance with their respective Percentage Interests.

Appears in 27 contracts

Samples: Agreement (Investors Real Estate Trust), Original Agreement (Agree Realty Corp), Bluerock Residential Growth REIT, Inc.

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Profit. After giving effect to the special allocations set forth in Section 5.01(cSections 5.1(c), (d), 5.1(d) and (e) hereof, and subject to Section 5.01(f5.1(e), Profit of the Partnership for each fiscal year Partnership Year or other applicable period of the Partnership shall be allocated to the Partners in accordance with their respective Percentage Interests.the following order and priority:

Appears in 9 contracts

Samples: Limited Partnership Agreement (NorthStar Real Estate Income II, Inc.), Limited Partnership Agreement (NorthStar/RXR New York Metro Income, Inc.), Limited Partnership Agreement (NorthStar Senior Care Trust, Inc.)

Profit. (b) After giving effect to the special allocations set forth in Section 5.01(c), (d), Sections 5.1(c) and (e) hereof, and subject to Section 5.01(f5.1(d), Profit of the Partnership for each fiscal year Partnership Year or other applicable period of the Partnership shall be allocated to the Partners in accordance with their respective Percentage Interests.the following order and priority:

Appears in 3 contracts

Samples: Limited Partnership Agreement (NorthStar Real Estate Income Trust, Inc.), Limited Partnership Agreement (NorthStar Real Estate Income Trust, Inc.), Limited Partnership Agreement (NorthStar Real Estate Income Trust, Inc.)

Profit. (b) After giving effect to the special allocations set forth in Section 5.01(cSections 5.1(c), (d5.1(d), 5.1(e), and (e) hereof, and subject to Section 5.01(f5.1(f), Profit of the Partnership for each fiscal year or other applicable period of the Partnership shall be allocated to the Partners in accordance with their respective Percentage Interests.the following order and priority:

Appears in 2 contracts

Samples: Limited Partnership Agreement (Steadfast Secure Income REIT, Inc.), Limited Partnership Agreement (Steadfast Secure Income REIT, Inc.)

Profit. After giving effect to the special allocations set forth in Section 5.01(cSections 5.1(c), (d5.1(d), 5.1(e), and (e) hereof, and subject to Section 5.01(f5.1(f), Profit of the Partnership for each fiscal year or other applicable period of the Partnership shall be allocated to the Partners in accordance with their respective Percentage Interests.the following order and priority:

Appears in 2 contracts

Samples: Limited Partnership Agreement (O'Donnell Strategic Industrial REIT, Inc.), Limited Partnership Agreement (O'Donnell Strategic Gateway REIT, Inc.)

Profit. After giving effect to the special allocations set forth in Section 5.01(c), (d), and (e) hereof, and subject to Section 5.01(f), Profit of the Partnership for each fiscal year of the Partnership shall be allocated to the Partners in accordance with their respective Percentage Interests.

Appears in 2 contracts

Samples: Bluerock Residential Growth REIT, Inc., Bluerock Homes Trust, Inc.

Profit. After giving effect to the special allocations set forth in Section 5.01(c), (d), and (e) hereof, and subject to Section 5.01(f), Profit of the Partnership for each fiscal year of the Partnership shall be allocated to the Partners, (i) first, to the General Partner to the extent of any Losses allocated to the General Partner under Section 5.01(b)(ii); and (ii) thereafter, to the Partners in accordance with their respective Percentage Interests.

Appears in 1 contract

Samples: Partnership Agreement (Sotherly Hotels Lp)

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Profit. After giving effect to the special allocations set forth in Section Sections 5.01(c), (d), and (e) hereof, hereof and subject to Section Sections 5.01(f)) and (g) hereof, Profit of the Partnership for each fiscal year of the Partnership shall be allocated to the Partners in accordance with their respective Percentage Interests.the following order:

Appears in 1 contract

Samples: Armada Hoffler Properties, Inc.

Profit. After giving effect to the special allocations set forth in Section Sections 5.01(c), (d), 5.01(d) and (e5.01(e) hereof, and subject to Section 5.01(f)) hereof, Profit of the Partnership for each fiscal year of the Partnership shall be allocated to the Partners in accordance with their respective Percentage Interests.

Appears in 1 contract

Samples: Summit Hotel Properties, Inc.

Profit. After giving effect to the special allocations set forth in Section 5.01(c), (d), and (e) hereof, and subject to Section 5.01(f), Profit of the Partnership for each fiscal year of the Partnership shall be allocated to the Partners in accordance with their respective Percentage Interests, generally following, as nearly as possible but subject to other provisions of this Section 5.01, the distribution of cash in accordance with Section 5.02.

Appears in 1 contract

Samples: Highland Hospitality Corp

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