Common use of Sale Proceeds Clause in Contracts

Sale Proceeds. The Partnership shall distribute Sale Proceeds on a quarterly (or, at the election of the General Partner, more frequent) basis, in an amount determined by the General Partner in its sole discretion, to the Partners who are Partners on the Partnership Record Date with respect to such quarter (or other distribution period) as follows:

Appears in 4 contracts

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

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Sale Proceeds. The Partnership shall distribute Sale Proceeds on a ------------- quarterly (or, at the election of the General Partner, more frequent) basis, in an amount determined by the General Partner in its sole discretion, to the Partners who are Partners on the Partnership Record Date with respect to such quarter (or other distribution period) as follows:

Appears in 2 contracts

Samples: T Reit Inc, G Reit Inc

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Sale Proceeds. The Partnership shall distribute Sale Proceeds on a quarterly (or, at the election of the General Partner, more frequent) basis, in an amount determined by the General Partner in its sole discretion, to the Partners who are Partners on the Partnership Record Date with respect to such quarter (or other distribution period) as follows:in accordance with their respective Percentage Interests.”

Appears in 1 contract

Samples: Landmark Apartment Trust of America, Inc.

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