Common use of Distribution of Cash Clause in Contracts

Distribution of Cash. (a) The Partnership shall distribute cash 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 and absolute discretion, to the Partners who are Partners on the Partnership Record Date with respect to such quarter (or other distribution period) in accordance with Section 5.2(b).

Appears in 32 contracts

Samples: Limited Partnership Agreement (Rodin Income Trust, Inc.), Limited Partnership Agreement (Rodin Income Trust, Inc.), Limited Partnership Agreement (Rodin Income Trust, Inc.)

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Distribution of Cash. (a) The Subject to Sections 5.02(c), (d) and (e) hereof and to the terms of any Partnership Unit Designation, the Partnership shall distribute cash on a quarterly (or, at the election of the General Partner, more frequent) basis, such times and in an amount such amounts as are determined by the General Partner in its sole and absolute discretion, to the Partners who are Partners on the Partnership Record Date with respect to such quarter (or other distribution period) in accordance proportion with Section 5.2(b)their respective Common Units on the Partnership Record Date.

Appears in 18 contracts

Samples: Original Agreement (RiverBanc Multifamily Investors, Inc.), Postal Realty Trust, Inc., Postal Realty Trust, Inc.

Distribution of Cash. (a) The Subject to Sections 5.02(c), (d) and (e), the Partnership shall distribute cash on a quarterly (or, at the election of the General Partner, more frequent) basis, such times and in an amount such amounts as are determined by the General Partner in its sole and absolute discretion, to the Partners who are Partners on the Partnership Record Date with respect to such quarter (or other distribution period) in accordance proportion with Section 5.2(b)their respective Percentage Interests on the Partnership Record Date.

Appears in 10 contracts

Samples: Agreement (CapRocq Core REIT, Inc.), Agreement (CapRocq Core REIT, Inc.), Agreement (Medalist Diversified REIT, Inc.)

Distribution of Cash. (a) The Subject to Section 5.02(c) hereof, the Partnership shall distribute cash on a quarterly (or, at the election of the General Partner, more frequent) basis, such times and in an amount such amounts as are determined by the General Partner in its sole and absolute discretion, to the Partners who are Partners on the Partnership Record Date with respect to such quarter (or other distribution period) in accordance with Section 5.2(b)their respective Percentage Interests on the Partnership Record Date.

Appears in 10 contracts

Samples: Asset Capital Corporation, Inc., Eagle Hospitality Properties Trust, Inc., MHI Hospitality CORP

Distribution of Cash. (a) The Subject to Sections 5.02(d), (d) and (e) hereof, the Partnership shall distribute cash on a quarterly (or, at the election of the General Partner, more frequent) basis, such times and in an amount such amounts as are determined by the General Partner in its sole and absolute discretion, to the Partners who are Partners on the Partnership Record Date with respect to such quarter (or other distribution period) in accordance proportion with Section 5.2(b)their respective Common Units on the Partnership Record Date.

Appears in 7 contracts

Samples: Pebblebrook Hotel Trust, Agreement (Pebblebrook Hotel Trust), Pebblebrook Hotel Trust

Distribution of Cash. (a) The Partnership shall may distribute cash on a quarterly (or, at the election of the General Partner, more or less frequent) basis, in an amount determined by the General Partner in its sole and absolute discretion, to the Partners who are Partners on the Partnership Record Date with respect to such quarter (or other distribution period) in accordance with Section 5.2(b).

Appears in 6 contracts

Samples: Limited Partnership Agreement (Hines Global Reit Ii, Inc.), Limited Partnership Agreement (Industrial Logistics Realty Trust Inc.), Limited Partnership Agreement (Logistics Property Trust Inc.)

Distribution of Cash. (a) The Subject to Section 5.02(c) hereof and except with respect to distributions in connection with a liquidation of the Partnership pursuant to Section 5.06(a), the Partnership shall distribute cash on a quarterly (or, at the election of the General Partner, more frequent) basis, such times and in an amount such amounts as are determined by the General Partner in its sole and absolute discretion, to the Partners who are Partners on the Partnership Record Date with respect to such quarter (or other distribution period) in accordance with Section 5.2(b)their respective Percentage Interests on the Partnership Record Date.

Appears in 6 contracts

Samples: Capital Lodging, GMH Communities Trust, GMH Communities Trust

Distribution of Cash. (a) The Partnership shall may distribute cash on a quarterly monthly (or, at the election of the General Partner, more or less frequent) basis, in an amount determined by the General Partner in its sole and absolute discretion, to the Partners who are Partners on the Partnership Record Date with respect to such quarter (or other distribution period) in accordance with Section 5.2(b).

Appears in 5 contracts

Samples: Limited Partnership Agreement (BLACK CREEK INDUSTRIAL REIT IV Inc.), Limited Partnership Agreement (BLACK CREEK INDUSTRIAL REIT IV Inc.), Limited Partnership Agreement (BLACK CREEK INDUSTRIAL REIT IV Inc.)

Distribution of Cash. (a) The Partnership shall distribute cash 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 and absolute discretion, to the Partners who are Partners on the Partnership Record Date with respect to such quarter (or other distribution period) in accordance with Section 5.2(b).

Appears in 4 contracts

Samples: Limited Partnership Agreement (O'Donnell Strategic Industrial REIT, Inc.), Limited Partnership Agreement (O'Donnell Strategic Gateway REIT, Inc.), Limited Partnership Agreement (Steadfast Secure Income REIT, Inc.)

Distribution of Cash. (a) The Partnership General Partner shall distribute cash 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 and absolute discretion, to the Partners who are Partners on the Partnership Record Date with respect to such quarter (or other distribution period) pro rata in accordance with Section 5.2(b)their respective Percentage Interests on the Partnership Record Date; provided, however, with respect to Preferred Units, the terms of cash distributions shall be set forth in Exhibit C describing the terms of such Preferred Units.

Appears in 3 contracts

Samples: Agreement (Supertel Hospitality Inc), Agreement (Supertel Hospitality Inc), Agreement (Humphrey Hospitality Trust Inc)

Distribution of Cash. (a) The Subject to Sections 5.02(c), (d), (e) and (f) hereof and to the terms of any Partnership Unit Designation, the Partnership shall distribute cash on a quarterly (or, at the election of the General Partner, more frequent) basis, such times and in an amount such amounts as are determined by the General Partner in its sole and absolute discretion, to the Partners who are Partners on the Partnership Record Date with respect to such quarter (or other distribution period) in accordance proportion with Section 5.2(b)their respective Common Units on the Partnership Record Date.

Appears in 2 contracts

Samples: Agreement (Alpine Income Property Trust, Inc.), Alpine Income Property Trust, Inc.

Distribution of Cash. (a) The Partnership shall distribute cash 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 and absolute discretion, to the Partners who are Partners on the Partnership Record Date with respect to such quarter (or other distribution period) in accordance with Section 5.2(b)) below. Distributions payable with respect to any Partnership Units that were not outstanding during the entire quarterly period in respect of which any distribution is made shall be pro rated based on the portion of the period that such Partnership Units were outstanding.

Appears in 2 contracts

Samples: Limited Partnership Agreement (Americold Realty Trust), Limited Partnership Agreement (Americold Realty Trust)

Distribution of Cash. (a) The Partnership shall distribute cash on a quarterly monthly (or, at the election of the General Partner, more frequent) basis, in an amount determined by the General Partner in its sole and absolute discretion, to the Partners who are Partners on the Partnership Record Date with respect to such quarter (or other distribution period) in accordance with Section 5.2(b).

Appears in 2 contracts

Samples: Limited Partnership Agreement (MVP REIT II, Inc.), Limited Partnership Agreement (MVP REIT II, Inc.)

Distribution of Cash. (a) The Partnership shall may distribute cash on a quarterly monthly (or, at the election of the General Partner, more or less frequent) basis, in an amount determined by the General Partner in its sole and absolute discretion, to the Partners who are Partners on the Partnership Record Date with respect to such quarter month (or other distribution period) in accordance with Section 5.2(b).

Appears in 2 contracts

Samples: Limited Partnership Agreement (Hines Global Income Trust, Inc.), Limited Partnership Agreement (Hines Global Income Trust, Inc.)

Distribution of Cash. (a) The Partnership shall distribute cash on a quarterly monthly (or, at the election of the General Partner, more frequent) basis, in an amount determined by the General Partner in its sole and absolute discretion, to the Partners who are Partners on the Partnership Record Date with respect to such quarter month (or other distribution period) in accordance with Section 5.2(b).

Appears in 1 contract

Samples: Limited Partnership Agreement (Cantor Fitzgerald Income Trust, Inc.)

Distribution of Cash. (a) The Subject to Section 5.02(c) hereof, during the Priority Period, the Partnership shall distribute cash 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 and absolute discretion, to the Partners who are Partners on the Partnership Record Date with respect to such quarter (or other distribution period) in accordance with Section 5.2(b)., as follows:

Appears in 1 contract

Samples: Hersha Hospitality Trust

Distribution of Cash. (a) The Subject to Sections 5.02(c) and (d) hereof, the Partnership shall distribute cash on a quarterly (or, at the election of the General Partner, more frequent) basis, such times and in an amount such amounts as are determined by the General Partner in its sole and absolute discretion, to the Partners who are Partners on the Partnership Record Date with respect to such quarter (or other distribution period) in accordance proportion with Section 5.2(b)their respective Common Units on the Partnership Record Date.

Appears in 1 contract

Samples: Original Agreement (Agree Realty Corp)

Distribution of Cash. (a) The Subject to Sections 5.02(b), (c) and (d) hereof and to the terms of any Partnership Unit Designation, the Partnership shall distribute cash on a quarterly (or, at the election of the General Partner, more frequent) basis, such times and in an amount such amounts as are determined by the General Partner in its sole and absolute discretion, to the Partners who are Partners on the Partnership Record Date with respect to such quarter (or other distribution period) in accordance proportion with Section 5.2(b)their respective Common Units on the Partnership Record Date.

Appears in 1 contract

Samples: Reven Housing REIT, Inc.

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Distribution of Cash. (a) The Subject to Sections 5.02(b), (c), (d) and (e) hereof and to the terms of any Partnership Unit Designation, the Partnership shall distribute cash on a quarterly (or, Available Cash at the election of the General Partner, more frequent) basis, such times and in an amount such amounts as are determined by the General Partner in its sole and absolute discretion, to the Partners who are Partners on the Partnership Record Date with respect to such quarter (or other distribution period) in accordance with Section 5.2(b).as follows:

Appears in 1 contract

Samples: Physicians Realty Trust

Distribution of Cash. (a) The Subject to Sections 5.2(c), (d) and (e) hereof and to the terms of any Partnership Unit Designation, the Partnership shall distribute cash on a quarterly (or, at the election of the General Partner, more frequent) basis, such times and in an amount such amounts as are determined by the General Partner in its sole and absolute discretion, to the Partners who are Partners on the Partnership Record Date with respect to such quarter (or other distribution period) in accordance proportion with Section 5.2(b)their respective Common Units on the Partnership Record Date.

Appears in 1 contract

Samples: Strawberry Fields REIT, Inc.

Distribution of Cash. (a) The Subject to Sections 5.02(c), (d) and (e) and to the terms of any Partnership Unit Designation, the Partnership shall distribute cash on a quarterly (or, at the election of the General Partner, more frequent) basis, such times and in an amount such amounts as are determined by the General Partner in its sole and absolute discretion, to the Partners who are Partners on the Partnership Record Date with respect to such quarter (or other distribution period) in accordance proportion with Section 5.2(b)their respective Common Units on the Partnership Record Date.

Appears in 1 contract

Samples: Legacy Healthcare Properties Trust Inc.

Distribution of Cash. (a) The Subject to Sections 5.02(d), (e) and (f) hereof and to the terms of any Partnership Unit Designation, the Partnership shall distribute cash on a quarterly (or, at the election of the General Partner, more frequent) basis, such times and in an amount such amounts as are determined by the General Partner in its sole and absolute discretion, to the Partners who are Partners on the Partnership Record Date with respect to such quarter (or other distribution period) in accordance proportion with Section 5.2(b)their respective Common Units on the Partnership Record Date.

Appears in 1 contract

Samples: Agreement (Ellington Housing Inc.)

Distribution of Cash. (a) The Subject to the other provisions of this Section 5.02, the Partnership shall distribute cash on a quarterly (or, at the election of the General Partner, more frequent) basis, such times and in an amount such amounts as are determined by the General Partner in its sole and absolute discretion, to the Partners who are Partners on the Partnership Record Date with respect to such quarter (or other distribution period) in accordance proportion with Section 5.2(b)their respective Common Units on the Partnership Record Date.

Appears in 1 contract

Samples: Agreement (Capterra Financial Group, Inc.)

Distribution of Cash. (a) The Partnership shall distribute cash 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 and absolute discretion, to the Partners who are Partners on the Partnership Record Date with respect to such quarter (or other distribution period) in accordance with Section 5.2(b).the following order of priority:

Appears in 1 contract

Samples: Limited Partnership Agreement (Griffin Capital Essential Asset REIT, Inc.)

Distribution of Cash. (a) The Subject to Sections 5.02(d), (d) and (e), the Partnership shall distribute cash on a quarterly (or, at the election of the General Partner, more frequent) basis, such times and in an amount such amounts as are determined by the General Partner in its sole and absolute discretion, to the Partners who are Partners on the Partnership Record Date with respect to such quarter (or other distribution period) in accordance proportion with Section 5.2(b)their respective Percentage Interests on the Partnership Record Date.

Appears in 1 contract

Samples: Agreement (US Federal Properties Trust Inc.)

Distribution of Cash. (a) The Partnership General Partner shall distribute cash Available Cash 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 and absolute discretion, basis to the Partners who are Partners on the Partnership Record Date with respect to such quarter (or other distribution period) in accordance with Section 5.2(b).the following order of priority:

Appears in 1 contract

Samples: Partnership Interest Purchase and Exchange Agreement (United Dominion Realty Trust Inc)

Distribution of Cash. (a) The Partnership General Partner shall distribute cash 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 and absolute discretion, to the Partners who are Partners on the Partnership Record Date with respect to such quarter (or other distribution period) in accordance with Section 5.2(b)their respective Percentage Interests on the Partnership Record Date.

Appears in 1 contract

Samples: Humphrey Hospitality Trust Inc

Distribution of Cash. (a) The Subject to Section 5.02(c) hereof, the Partnership shall distribute cash on a quarterly (or, at the election of the General Partner, more frequent) basis, such times and in an amount such amounts as are determined by the General Partner in its sole and absolute discretion, to the Partners who are Partners on the Partnership Record Date with respect to such quarter (or other distribution period) in accordance with Section 5.2(b)their respective Percentage Interests on the Partnership Record Date and in accordance with the terms established for the class or classes or series of such Partnership Interests held by such Partners on such Partnership Record Date.

Appears in 1 contract

Samples: Highland Hospitality Corp

Distribution of Cash. (a) The Subject to Sections 5.02(b), (c), (d) and (e) hereof and to the terms of any Partnership Unit Designation, the Partnership shall distribute cash on a quarterly (or, at the election of the General Partner, more frequent) basis, such times and in an amount such amounts as are determined by the General Partner in its sole and absolute discretion, to the Partners who are Partners on the Partnership Record Date with respect to such quarter (or other distribution period) in accordance proportion with Section 5.2(b)their respective Common Units on the Partnership Record Date.

Appears in 1 contract

Samples: Limited Partnership Agreement (Generation Income Properties, Inc.)

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