Remaining Distribution. The remaining assets after payment of all Partnership debts and liabilities referred to in Sections 10.2 and 10.3 shall then be distributed to the Partners in accordance with their positive Capital Account balances, determined after taking into account all Capital Account adjustments for all prior periods and the Partnership taxable year during which the liquidation occurs.
Appears in 9 contracts
Sources: Agreement of Limited Partnership (Education Realty Trust, Inc.), Contract of Sale (Education Realty Trust, Inc.), Agreement of Limited Partnership (Education Realty Trust, Inc.)
Remaining Distribution. The remaining assets after payment of all Partnership debts and liabilities referred to in Sections 10.2 and 10.3 shall then be distributed to the Limited Partners in accordance with their positive Capital Account balances, determined after taking into account all Capital Account adjustments for all prior periods and the Partnership taxable year during which the liquidation occursSection 8.2.
Appears in 1 contract
Sources: Limited Partnership Agreement (Carter Validus Mission Critical REIT, Inc.)