Common use of REIT Distribution Requirements Clause in Contracts

REIT Distribution Requirements. The General Partner shall use its commercially reasonable efforts to cause the Partnership to distribute amounts sufficient to enable the General Partner to make stockholder distributions that will allow the General Partner to (i) meet its distribution requirement for qualification as a REIT as set forth in Section 857 of the Code and (ii) avoid any federal income or excise tax liability imposed by the Code.

Appears in 93 contracts

Samples: Limited Partnership Agreement (Resource Real Estate Innovation Office REIT, Inc.), Limited Partnership Agreement (Moody National REIT I, Inc.), Limited Partnership Agreement (EQT Exeter Real Estate Income Trust Inc.)

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REIT Distribution Requirements. The General Partner shall use its commercially reasonable efforts to cause the Partnership to distribute amounts sufficient to enable the General Partner to make stockholder shareholder distributions that will allow the General Partner to (i) meet its distribution requirement for qualification as a REIT as set forth in Section 857 of the Code and (ii) avoid any federal income or excise tax liability imposed by the Code.

Appears in 52 contracts

Samples: Limited Partnership Agreement (Hines Global Income Trust, Inc.), Limited Partnership Agreement (REITPlus, Inc.), Limited Partnership Agreement (Hines Global Reit Ii, Inc.)

REIT Distribution Requirements. The General Partner shall use its commercially reasonable efforts to cause the Partnership to distribute amounts sufficient to enable the General Partner to make pay stockholder distributions dividends that will allow the General Partner to (i) meet its distribution requirement for qualification as a REIT as set forth in Section 857 of the Code and (ii) avoid any federal income or excise tax liability imposed by the Code.

Appears in 37 contracts

Samples: Limited Partnership Agreement (Resource REIT, Inc.), Limited Partnership Agreement (Resource REIT, Inc.), Limited Partnership Agreement (Strategic Storage Trust IV, Inc.)

REIT Distribution Requirements. The General Partner shall use its commercially reasonable efforts to cause the Partnership to distribute amounts sufficient to enable the General Partner to make pay stockholder distributions dividends that will allow the General Partner to (ia) meet its distribution requirement for qualification as a REIT as set forth in Section 857 of the Code and (iib) avoid any federal income or excise tax liability imposed by the Code.

Appears in 33 contracts

Samples: Agreement (Cole Office & Industrial REIT (CCIT II), Inc.), Agreement (United Development Funding IV), Agreement (Cole Credit Property Trust Iv, Inc.)

REIT Distribution Requirements. The Unless the General Partner determines that such a distribution would not be in the best interests of the Partnership, the General Partner shall use its commercially reasonable efforts to cause the Partnership to distribute sufficient amounts sufficient to enable the General Partner to make stockholder distributions that will allow the General Partner to Company (i) to meet its distribution requirement for qualification as a REIT as set forth in Section 857 857(a)(1) of the Code Code, and (ii) to avoid any federal income or the excise tax liability imposed by Section 4981 of the Code.

Appears in 23 contracts

Samples: Notice and Agreement (Stirling Hotels & Resorts, Inc.), Notice and Agreement (Ashford Hospitality Trust Inc), Notice and Agreement (Ashford Hospitality Trust Inc)

REIT Distribution Requirements. The General Partner shall use its commercially reasonable efforts to cause the Partnership to distribute amounts sufficient to enable the General Partner to make stockholder pay distributions to its shareholders that will allow the General Partner to (i) meet its distribution requirement for qualification as a REIT as set forth in Section 857 of the Code and (ii) avoid any federal income or excise tax liability imposed by the Code, other than to the extent the General Partner elects to retain and pay income tax on its net capital gain.

Appears in 20 contracts

Samples: Original Agreement (Agree Realty Corp), Agreement (Bluerock Residential Growth REIT, Inc.), Agreement (CapRocq Core REIT, Inc.)

REIT Distribution Requirements. The General Partner shall use its commercially reasonable efforts to cause the Partnership to distribute amounts sufficient to enable the General Partner to make stockholder distributions pay shareholder dividends that will allow the General Partner to (i) meet its distribution requirement for qualification as a REIT as set forth in Section 857 of the Code and (ii) avoid any federal income or excise tax liability imposed by the Code.

Appears in 18 contracts

Samples: Agreement (Wells Real Estate Investment Trust Ii Inc), Agreement (Wells Real Estate Investment Trust Ii Inc), Wells Total Return REIT, Inc.

REIT Distribution Requirements. The General Partner shall use its commercially reasonable efforts to cause the Partnership to distribute amounts sufficient to enable the General Partner to make stockholder pay distributions to its stockholders that will allow the General Partner to (i) meet its distribution requirement for qualification as a REIT as set forth in Section 857 of the Code and (ii) avoid any federal income or excise tax liability imposed by the Code, other than to the extent the General Partner elects to retain and pay income tax on its net capital gain.

Appears in 18 contracts

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

REIT Distribution Requirements. The General Partner shall use its commercially reasonable efforts to cause the Partnership to distribute amounts sufficient to enable the General Partner to make stockholder distributions pay shareholder dividends that will allow the General Partner to (i) meet its distribution requirement for qualification as a REIT as set forth in Section 857 of the Code and (ii) avoid any federal income or excise tax liability imposed by the Code.

Appears in 11 contracts

Samples: Limited Partnership Agreement (Cornerstone Growth & Income REIT, Inc.), Limited Partnership Agreement (West Coast Realty Trust, Inc.), Limited Partnership Agreement (Sentio Healthcare Properties Inc)

REIT Distribution Requirements. The General Partner shall use its commercially reasonable efforts to cause the Partnership to distribute amounts make distributions pursuant to this Article 5 sufficient to enable the General Partner Company to make pay stockholder distributions dividends that will allow the General Partner Company to (i) meet its distribution requirement for qualification as a REIT as set forth in Section 857 of the Code and (ii) other than to the extent the Company elects to retain and pay income tax on its net capital gain, avoid or reduce any U.S. federal income or excise tax liability imposed by the Code.

Appears in 10 contracts

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

REIT Distribution Requirements. The General Partner shall use its commercially reasonable efforts to cause the Partnership to distribute amounts sufficient to enable the General Partner Company to make pay stockholder distributions dividends that will allow the General Partner Company to (i) meet its distribution requirement for qualification as a REIT as set forth in Section 857 of the Code and (ii) avoid any federal income or excise tax liability imposed by the Code, other than to the extent the Company elects to retain and pay income tax on its net capital gain.

Appears in 7 contracts

Samples: Eagle Hospitality Properties Trust, Inc., Highland Hospitality Corp, Midlantic Office Trust, Inc.

REIT Distribution Requirements. The General Partner shall use its commercially reasonable efforts to cause the Partnership to distribute amounts sufficient to enable the General Partner to make stockholder distributions that will allow the General Partner to Company (i) to meet its distribution requirement for qualification as a REIT as set forth in Section 857 857(a)(1) of the Code and (ii) to avoid any federal income or excise tax liability imposed by the Code.

Appears in 5 contracts

Samples: Limited Partnership Agreement (Presidential Realty Corp/De/), Golf Trust of America Inc, Golf Trust of America Inc

REIT Distribution Requirements. The General Partner shall use its commercially reasonable efforts to cause the Partnership to distribute amounts sufficient to enable the General Partner to make stockholder distributions that will allow the General Partner to (i) to meet its distribution requirement for qualification as a REIT as set forth in Section 857 857(a)(1) of the Code and (ii) to avoid any federal income or excise tax liability imposed by the Code.

Appears in 5 contracts

Samples: Agreement and Plan of Merger (Westbrook Real Estate Partners LLC), Agreement and Plan of Merger (Alter Robert A), RFS Hotel Investors Inc

REIT Distribution Requirements. The General Partner shall use its commercially reasonable efforts to cause the Partnership to distribute amounts make distributions pursuant to this Article 5 sufficient to enable the General Partner Company to make pay stockholder distributions dividends that will allow the General Partner to (i) meet its distribution requirement for qualification as a REIT as set forth in Section 857 of the Code and (ii) avoid any federal income or excise tax liability imposed by the Code.Company to

Appears in 4 contracts

Samples: drhc.com, American Farmland Co, American Farmland Co

REIT Distribution Requirements. The General Partner shall use its commercially reasonable efforts to cause the Partnership to distribute amounts sufficient to enable the General Partner to make stockholder distributions that will allow the General Partner to (i) to meet its distribution requirement for qualification as a REIT as set forth in Section 857 857(a)(1) of the Code and (ii) to avoid any federal income or excise tax liability imposed by the Code; provided, however, that the Limited Partners shall receive their pro rata share of all distributions.

Appears in 4 contracts

Samples: Agreement (Supertel Hospitality Inc), Agreement (Supertel Hospitality Inc), Condor Hospitality Trust, Inc.

REIT Distribution Requirements. The General Partner shall use its commercially reasonable efforts to cause the Partnership to distribute amounts sufficient to enable the General Partner Company to make stockholder distributions pay shareholder dividends that will allow the General Partner Company to (i) meet its distribution requirement for qualification as a REIT as set forth in Section 857 of the Code and (ii) avoid any federal income or excise tax liability imposed by the Code, other than to the extent the Company elects to retain and pay income tax on its net capital gain.

Appears in 4 contracts

Samples: Limited Partnership Agreement (CapLease, Inc.), GMH Communities Trust, GMH Communities Trust

REIT Distribution Requirements. The General Partner shall use its commercially reasonable efforts to cause the Partnership to distribute amounts sufficient to enable the General Partner Company to make stockholder distributions pay shareholder dividends that will allow the General Partner Company to (i) meet its distribution requirement for qualification as a REIT as set forth in Section 857 of the Code and (ii) avoid any federal income or excise tax liability imposed by the Code.

Appears in 4 contracts

Samples: Agreement (Ocwen Asset Investment Corp), Hudson Hotels Trust, Ocwen Asset Investment Corp

REIT Distribution Requirements. The General Partner shall use its commercially reasonable efforts to cause the Partnership to distribute amounts sufficient to enable the General Partner Company to make pay stockholder distributions dividends that will allow the General Partner a Company to (i) meet its distribution requirement for qualification as a REIT as set forth in Section 857 of the Code and (ii) avoid any federal income or excise tax liability imposed by the CodeCode (other than federal income tax liability associated with capital gains that the Company elects to retain).

Appears in 4 contracts

Samples: NNN Apartment REIT, Inc., NNN Apartment REIT, Inc., NNN Apartment REIT, Inc.

REIT Distribution Requirements. The General Partner shall use its commercially reasonable efforts to cause the Partnership to distribute amounts sufficient to enable the General Partner Parent REIT to make stockholder pay distributions to its stockholders that will allow the General Partner Parent REIT to (i) meet its distribution requirement for qualification as a REIT as set forth in Section 857 of the Code and (ii) avoid any federal income or excise tax liability imposed by the Code, other than to the extent Parent REIT elects to retain and pay income tax on its net capital gain.

Appears in 3 contracts

Samples: Agreement (Alpine Income Property Trust, Inc.), Global Medical REIT Inc., Alpine Income Property Trust, Inc.

REIT Distribution Requirements. The General Partner shall use its commercially reasonable efforts to cause the Partnership to distribute amounts sufficient to enable the General Partner Company to make pay stockholder distributions dividends that will allow the General Partner Company to (ia) meet its distribution requirement for qualification as a REIT as set forth in Section 857 of the Code and (iib) avoid any federal income or excise tax liability imposed by the Code.

Appears in 3 contracts

Samples: Amended and Restated Agreement (Adaptive Real Estate Income Trust, Inc.), Agreement (Behringer Harvard Reit I Inc), Behringer Harvard Opportunity REIT I, Inc.

REIT Distribution Requirements. The General Partner shall use its commercially reasonable efforts to cause the Partnership to distribute amounts sufficient to enable the General Initial Limited Partner to make stockholder distributions that will allow the General Initial Limited Partner to (i) meet its distribution requirement for qualification as a REIT as set forth in Section 857 of the Code and (ii) avoid any federal income or excise tax liability imposed by the Code.

Appears in 3 contracts

Samples: Limited Partnership Agreement (Jones Lang LaSalle Income Property Trust, Inc.), Limited Partnership Agreement (Jones Lang LaSalle Income Property Trust, Inc.), Limited Partnership Agreement (Jones Lang LaSalle Income Property Trust, Inc.)

REIT Distribution Requirements. The General Partner shall use its commercially reasonable efforts to cause the Partnership to distribute amounts sufficient to enable the General Partner to make pay stockholder distributions dividends that will allow the General Partner to (i) meet its distribution requirement for qualification as a REIT as set forth in Section 857 of the Code and (ii) avoid any federal income or excise tax liability imposed by the Code, other than to the extent the General Partner elects to retain and pay income tax on its net capital gain.

Appears in 2 contracts

Samples: MHI Hospitality CORP, MHI Hospitality CORP

REIT Distribution Requirements. The General Partner shall use its commercially reasonable efforts to cause the Partnership to distribute amounts sufficient to enable the General Partner to make stockholder distributions that will allow the General Partner to (i) meet its distribution requirement for qualification as a REIT as set forth in Section 857 of the Code and (ii) avoid any federal income or excise tax liability imposed by the Code.

Appears in 2 contracts

Samples: Limited Partnership Agreement (Blue Owl Real Estate Net Lease Trust), Limited Partnership Agreement (Oak Street Net Lease Trust)

REIT Distribution Requirements. The General Partner shall use its commercially reasonable efforts to cause the Partnership to distribute amounts sufficient to enable the General Partner Company to make stockholder distributions pay shareholder dividends that will allow the General Partner Company to (i) meet its distribution requirement for qualification as a REIT as set forth in Section 857 of the Code and (ii) avoid any federal income or excise tax liability imposed by the CodeCode or any provision of state or local law, other than to the extent the Company elects to retain and pay income tax on its net capital gain.

Appears in 2 contracts

Samples: Capital Lodging, Capital Lodging

REIT Distribution Requirements. The On and after the Conversion Date, the General Partner shall use its commercially reasonable efforts to cause the Partnership to distribute amounts sufficient to enable the General Partner to make stockholder distributions that will allow the General Partner to (i) meet its distribution requirement for qualification as a REIT as set forth in Section 857 of the Code and (ii) avoid any federal income or excise tax liability imposed by the Code.

Appears in 2 contracts

Samples: Limited Partnership Agreement (Cottonwood Communities, Inc.), Limited Partnership Agreement (Cottonwood Communities, Inc.)

REIT Distribution Requirements. The General Partner shall use its commercially reasonable efforts to cause the Partnership to distribute amounts sufficient to enable the General Special Limited Partner to make stockholder pay distributions to its stockholders that will allow the General Special Limited Partner to (i) meet its distribution requirement for qualification as a REIT as set forth in Section 857 of the Code and (ii) avoid any federal income or excise tax liability imposed by the Code, other than to the extent the Special Limited Partner elects to retain and pay income tax on its net capital gain.

Appears in 2 contracts

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

REIT Distribution Requirements. The General Partner shall use its commercially reasonable efforts to cause the Partnership to distribute amounts sufficient to enable the General Partner to make stockholder distributions that will allow the General Partner to (ia) meet its distribution requirement for qualification as a REIT as set forth in Section 857 of the Code and (iib) avoid any federal income or excise tax liability imposed by the Code.

Appears in 2 contracts

Samples: Limited Partnership Agreement (Cohen & Steers Income Opportunities REIT, Inc.), Limited Partnership Agreement (Cohen & Steers Income Opportunities REIT, Inc.)

REIT Distribution Requirements. The General Partner shall use its commercially reasonable efforts to cause the Partnership to distribute amounts sufficient to enable the General Partner to make stockholder distributions that will allow the General Partner to (i) meet its distribution requirement for qualification as a REIT as set forth in Section 857 of the Code and (ii) avoid any federal income or excise tax liability imposed by the Code.. 5.4

Appears in 2 contracts

Samples: Limited Partnership Agreement (Strategic Realty Trust, Inc.), Steadfast Apartment REIT, Inc.

REIT Distribution Requirements. The General Partner shall use its commercially reasonable efforts to cause the Partnership to distribute amounts sufficient to enable the General REIT Limited Partner to make stockholder distributions that will allow the General REIT Limited Partner to (i) meet its distribution requirement for qualification as a REIT as set forth in Section 857 of the Code and (ii) avoid any federal income or excise tax liability imposed by the Code.

Appears in 2 contracts

Samples: Brookfield Real Estate Income Trust Inc., Brookfield Real Estate Income Trust Inc.

REIT Distribution Requirements. The General Partner shall use its commercially reasonable efforts to cause the Partnership to distribute amounts sufficient to enable the General Partner to make stockholder distributions that will allow the General Partner to (i) to meet its distribution requirement for qualification as a REIT as set forth in Section 857 857(a)(i) of the Code and (ii) to avoid any federal income or excise tax liability imposed by the Code.

Appears in 2 contracts

Samples: Western Properties Trust, Western Investment Real Estate Trust

REIT Distribution Requirements. The General Partner shall use its commercially ------------------------------ reasonable efforts to cause the Partnership to distribute amounts sufficient to enable the General Partner Company to make stockholder distributions pay shareholder dividends that will allow the General Partner Company to (i) meet its distribution requirement for qualification as a REIT as set forth in Section 857 of the Code and (ii) avoid any federal income or excise tax liability imposed by the Code.

Appears in 2 contracts

Samples: Prentiss Properties Trust/Md, Prentiss Properties Trust/Md

REIT Distribution Requirements. The After giving effect to any distributions pursuant to Section 5.2, the General Partner shall use its commercially reasonable efforts to cause the Partnership to distribute amounts sufficient to enable the General Partner to make stockholder distributions pay shareholder dividends that will allow the General Partner to (i) meet its distribution requirement for qualification as a REIT as set forth in Section 857 of the Code and (ii) avoid any federal income or excise tax liability imposed by the Code.

Appears in 2 contracts

Samples: Securities Purchase Agreement (Sentio Healthcare Properties Inc), Limited Partnership Agreement (Sentio Healthcare Properties Inc)

REIT Distribution Requirements. The General Partner shall use its commercially reasonable efforts to cause the Partnership to distribute amounts sufficient to enable the General Partner to make stockholder distributions that will allow the General Partner to (i) meet its distribution requirement for qualification as a REIT as set forth in Section 857 of the Code and (ii) avoid any U.S. federal income or excise tax liability imposed by the Code.

Appears in 2 contracts

Samples: Limited Partnership Agreement (North Haven Net REIT), Limited Partnership Agreement (North Haven Net REIT)

REIT Distribution Requirements. The General Partner shall use its commercially reasonable efforts to cause the Partnership to distribute amounts sufficient to enable the General Partner to make stockholder distributions that will allow distribute to the General Partner Company amounts sufficient to enable the Company (i) to meet its distribution requirement for qualification as a REIT as set forth in Section 857 857(a)(1) of the Code and (ii) to avoid any federal income or excise tax liability imposed by the Code.

Appears in 2 contracts

Samples: Innkeepers Usa Trust/Fl, Innkeepers Usa Trust/Fl

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REIT Distribution Requirements. The General Partner shall use its commercially reasonable efforts to cause the Partnership to distribute amounts sufficient to enable the General Partner to make stockholder distributions to its stockholders that will allow the General Partner to (i) meet its distribution requirement for qualification as a REIT as set forth in Section 857 of the Code and (ii) avoid any federal income or excise tax liability imposed by the Code, other than to the extent the General Partner elects to retain and pay income tax on its net capital gain.

Appears in 2 contracts

Samples: Limited Partnership Agreement (Cottonwood Communities, Inc.), Lodging Fund REIT III, Inc.

REIT Distribution Requirements. The General Partner shall use its commercially reasonable efforts to cause the Partnership to distribute amounts sufficient to enable the General Partner to make stockholder pay distributions to its stockholders that will allow the General Partner to (i) meet its distribution requirement for qualification as a REIT as set forth in Section 857 of the Code and (ii) avoid any federal income or excise tax liability imposed by the Code., other than to the extent the General Partner elects to retain and pay income tax on its net capital gain. 5.04

Appears in 1 contract

Samples: American Realty Capital Properties, Inc.

REIT Distribution Requirements. The General Partner shall use its commercially reasonable efforts to cause the Partnership to distribute amounts sufficient to enable the General Partner Company to make stockholder distributions pay shareholder dividends that will allow the General Partner a Company to (i) meet its distribution requirement for qualification as a REIT as set forth in Section 857 of the Code and (ii) avoid any federal income or excise tax liability imposed by the CodeCode (other than federal income tax liability associated with capital gains that the Company elects to retain).

Appears in 1 contract

Samples: G Reit Inc

REIT Distribution Requirements. The General Partner shall use its commercially reasonable efforts to cause the Partnership to distribute amounts sufficient to enable for the General Partner Sole Member to make stockholder distributions that will sufficient to allow the General Partner Sole Member to (i) meet its distribution requirement requirements for qualification as a REIT as set forth in Section 857 of the Code and (ii) avoid any federal income or excise tax liability imposed by the CodeCode or analogous provisions of state law.

Appears in 1 contract

Samples: Limited Partnership Agreement (Fortress Net Lease REIT)

REIT Distribution Requirements. The General Partner shall use ------------------------------ its commercially reasonable efforts to cause the Partnership to distribute amounts sufficient to enable the General Partner Company to make stockholder distributions pay shareholder dividends that will allow the General Partner Company to (i) meet its distribution requirement for qualification as a REIT as set forth in Section 857 857(a)(1) of the Code and (ii) avoid any federal income or excise tax liability imposed by the Code.

Appears in 1 contract

Samples: Patriot American Hospitality Inc

REIT Distribution Requirements. The General Partner shall use its commercially reasonable efforts to cause the Partnership to distribute amounts sufficient to enable the General Partner Company to make pay stockholder distributions dividends that will allow the General Partner Company to (i) meet its distribution requirement for qualification as a REIT as set forth in Section 857 of the Code and (ii) avoid any federal income or excise tax liability imposed by the Code, other than to the extent the General Partner elects to retain and pay income tax on its net capital gain.

Appears in 1 contract

Samples: Columbia Equity Trust, Inc.

REIT Distribution Requirements. The General Partner shall use its commercially reasonable efforts to cause the Partnership to distribute amounts sufficient to enable the General Partner to make stockholder distributions to its stockholders that will allow the General Partner to (i) meet its distribution requirement for qualification as a REIT as set forth in Section 857 of the Code and (ii) avoid any federal income or excise tax liability imposed by the Code.

Appears in 1 contract

Samples: Limited Partnership Agreement (Lodging Fund REIT III, Inc.)

REIT Distribution Requirements. The General Partner shall use its commercially reasonable efforts to cause the Partnership to distribute amounts sufficient to enable the General Partner to make stockholder distributions pay shareholder dividends that will allow the General Partner to (i) meet its distribution requirement for qualification as a REIT as set forth in Section 857 of the Code and (ii) avoid any federal income or excise tax liability imposed by the CodeCode or any provision of state or local law, other than to the extent the General Partner elects to retain and pay income tax on its net capital gain.

Appears in 1 contract

Samples: First Potomac Realty Trust

REIT Distribution Requirements. The General Partner shall use its commercially reasonable efforts to cause the Partnership to distribute amounts sufficient to enable the General Partner Company to make pay stockholder distributions dividends that will allow the General Partner Company to (ia) meet its distribution requirement for qualification as a REIT as set forth in Section 857 of the Code and (iib) avoid any U.S. federal income or excise tax liability imposed by the Code, other than to the extent the Company elects to retain and pay income tax on its net capital gain.

Appears in 1 contract

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

REIT Distribution Requirements. The General Partner shall use its commercially reasonable efforts efforts, as determined by it in its sole and absolute discretion, to cause the Partnership to distribute amounts sufficient to enable the General Partner Company to make stockholder pay distributions to its stockholders that will allow the General Partner Company to (i) meet its distribution requirement for qualification as a REIT as set forth in Section 857 of the Code and (ii) avoid any federal income or excise tax liability imposed by the Code, other than to the extent the Company elects to retain and pay income tax on its net capital gain.

Appears in 1 contract

Samples: Agreement (Ellington Housing Inc.)

REIT Distribution Requirements. The General Partner shall use its commercially reasonable efforts to cause the Partnership to distribute amounts sufficient to enable the General Partner to make stockholder distributions pay shareholder dividends that will allow the General Partner to (i) meet its distribution requirement for qualification as a the REIT as set forth in Section 857 of the Code and (ii) avoid any federal income or excise tax liability imposed by the CodeDistribution Requirement.

Appears in 1 contract

Samples: Limited Partnership Agreement (ExchangeRight Income Fund)

REIT Distribution Requirements. The General Partner shall use its commercially reasonable efforts to cause the Partnership to distribute amounts sufficient to enable the General Partner Company to make stockholder distributions pay shareholder dividends that will allow the General Partner Company to (i) meet its distribution requirement for qualification as a REIT as set forth in Section 857 of the Code and (ii) avoid any federal income or excise tax liability imposed by the CodeCode (other than federal income tax liability associated with capital gains that the Company elects to retain).

Appears in 1 contract

Samples: T Reit Inc

REIT Distribution Requirements. The To the extent determined by the General Partner, the General Partner shall use its commercially reasonable efforts to cause the Partnership to distribute amounts sufficient to enable the General Partner to make stockholder distributions pay shareholder dividends that will allow the General Partner to (i) meet its distribution requirement for qualification as a REIT as set forth in Section 857 of the Code and (ii) avoid any federal income or excise tax liability imposed by the Code.

Appears in 1 contract

Samples: Agreement (Columbia Property Trust Operating Partnership, L.P.)

REIT Distribution Requirements. The General Partner shall use its commercially reasonable efforts to cause the Partnership to distribute amounts sufficient to enable the General Partner to make stockholder shareholder distributions that will allow the General Partner to (i) meet its distribution requirement for qualification as a REIT as set forth in Section 857 of the Code and (ii) avoid any federal income or excise tax liability imposed by the Code. No Right to Distributions in Kind. No Partner shall be entitled to demand property other than cash in connection with any distributions by the Partnership.

Appears in 1 contract

Samples: Limited Partnership Agreement (ARES INDUSTRIAL REAL ESTATE INCOME TRUST Inc.)

REIT Distribution Requirements. The General Partner shall use its commercially ------------------------------ reasonable efforts to cause the Partnership to distribute amounts sufficient to enable the General Partner to make stockholder distributions pay shareholder dividends that will allow the General Partner to (ia) meet its distribution requirement for qualification as a REIT as set forth in Section 857 of the Code and (iib) avoid any federal income or excise tax liability imposed by the Code.

Appears in 1 contract

Samples: Wells Real Estate Investment Trust Inc

REIT Distribution Requirements. The General Partner shall use its commercially reasonable efforts to cause the Partnership to distribute amounts sufficient to enable the General Partner to make stockholder distributions that will allow the General Partner to (i) meet its distribution requirement for qualification as a REIT as set forth in Section 857 of the Code and (ii) avoid any federal income or excise tax liability imposed by the Code. 5.4.

Appears in 1 contract

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

REIT Distribution Requirements. The General Partner shall use its commercially ------------------------------ reasonable efforts to cause the Partnership to distribute amounts sufficient to enable the General Partner to make stockholder distributions pay shareholder dividends that will allow the General Partner to (i) meet its distribution requirement for qualification as a REIT as set forth in Section 857 of the Code and (ii) avoid any federal income or excise tax liability imposed by the Code.

Appears in 1 contract

Samples: Wells Real Eastate Investment Trust Inc

REIT Distribution Requirements. The General Partner shall use its commercially ------------------------------ reasonable efforts to cause the Partnership to distribute amounts sufficient to enable the General Partner to make stockholder distributions that will allow the General Partner to (i) to meet its distribution requirement for qualification as a REIT as set forth in Section 857 857(a)(1) of the Code and (ii) to avoid any federal income or excise tax liability imposed by the Code; provided, however, that the Limited Partners shall receive their pro rata share of all distributions.

Appears in 1 contract

Samples: Agreement (Humphrey Hospitality Trust Inc)

REIT Distribution Requirements. The General Partner shall use its commercially reasonable efforts to cause the Partnership to distribute amounts sufficient to enable the General Partner to make stockholder pay distributions to its shareholders that will allow the General Partner to (i) meet its distribution requirement for qualification as a REIT as set forth in Section 857 of the Code and (ii) avoid any federal income or excise tax liability imposed by the Code.and

Appears in 1 contract

Samples: Physicians Realty Trust

REIT Distribution Requirements. The General Partner shall use its commercially reasonable efforts to cause the Partnership to distribute amounts sufficient to enable the General Partner IPT to make stockholder distributions pay shareholder dividends that will allow the General Partner IPT to (i) meet its distribution requirement for qualification as a REIT as set forth in Section 857 857(a)(1) of the Code and (ii) avoid any federal income or excise tax liability imposed by the Code.

Appears in 1 contract

Samples: Insignia Properties Trust /

REIT Distribution Requirements. The To the extent determined by the General Partner, the General Partner shall use its commercially reasonable efforts to cause the Partnership to distribute amounts sufficient to enable the General Partner to make stockholder shareholder distributions that will allow the General Partner to (i) meet its distribution requirement for qualification as a REIT as set forth in Section 857 of the Code and (ii) avoid any federal income or excise tax liability imposed by the Code.

Appears in 1 contract

Samples: Limited Partnership Agreement (Americold Realty Trust)

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