Unimproved. or non-income producing property shall not be acquired except in amounts and upon terms which can be financed by the net proceeds derived from the sale of limited partner interests. No more than 10% of the net proceeds derived from Distributable Cash from Operations.
Appears in 4 contracts
Samples: Carey Diversified Properties LLC, Carey Diversified Properties LLC, Carey Diversified Properties LLC
Unimproved. or non-income producing property shall not be acquired except in amounts and upon terms which can be financed by the net proceeds derived from the sale of limited partner interests. No more than 10% of the net proceeds derived from Distributable Cash from From Operations.
Appears in 2 contracts
Samples: Carey Diversified Properties LLC, Carey Diversified Properties LLC
Unimproved. or non-income producing property shall not be acquired except in amounts and upon terms which can be financed by the net proceeds derived from the sale of limited partner interests. No more than 10% of the net proceeds derived from Distributable Cash from From Operations.
Appears in 1 contract