Remaining Distribution. The remaining assets shall then be distributed to the Partners in accordance with the Partners' positive Capital Account balances, after making the adjustments for allocations under Article V hereof.
Appears in 5 contracts
Sources: Agreement of Limited Partnership (Innsuites Hospitality Trust), Limited Partnership Agreement (Liberty Self Stor Inc), Limited Partnership Agreement (Boykin Lodging Co)
Remaining Distribution. The remaining assets shall then be distributed to the Partners in accordance with the Partners' their positive Capital Account balances, determined after making the taking into account all Capital Account adjustments for allocations under Article V hereofall prior periods and the Partnership taxable year during which the liquidation occurs.
Appears in 3 contracts
Sources: Limited Partnership Agreement (Ashford Hospitality Trust Inc), Limited Partnership Agreement (Ashford Hospitality Trust Inc), Limited Partnership Agreement (Ashford Hospitality Trust Inc)
Remaining Distribution. The remaining assets shall then be distributed distributed, first to the Partners holders of Preferred Partnership Interests in accordance with the Partners' their positive Capital Account balances, and then to the holders of Common Partnership Interests in accordance with their positive Capital Account balances, in each case after making the adjustments for allocations under Article V hereof.
Appears in 1 contract
Sources: Agreement of Limited Partnership (Boykin Lodging Co)