REIT Savings Provision. In the event that counsel or independent accountants for AIR or any REIT investor in AIR (each, a “Manager REIT”) determine that there exists a material risk that any Manager REIT shall fail to meet the REIT Requirements for a taxable year as a result of payments under this Agreement, the amount paid to Manager pursuant to this Agreement in any tax year may not exceed the maximum amount that can be paid to Manager in such year without causing any Manager REIT to fail to meet the REIT Requirements for such
Appears in 6 contracts
Samples: Property Management Agreement (Aimco OP L.P.), Management Agreement (Aimco OP L.P.), Property Management Agreement (Aimco OP L.P.)
