Monetary Damages. In the event that the Partnership breaches its obligations set forth in Article 2, Article 3, or Article 6 with respect to a Protected Partner the Protected Partner’s sole right shall be to receive from the Partnership, and the Partnership shall pay to such Protected Partner as damages, an amount equal to:
Appears in 9 contracts
Samples: Tax Protection Agreement (GTJ REIT, Inc.), Tax Protection Agreement (US Federal Properties Trust Inc.), Contribution Agreement (US Federal Properties Trust Inc.)
Monetary Damages. In the event that the Partnership or a Subsidiary breaches its obligations set forth in Article 2, Article 3, 2 or Article 6 3 with respect to a Protected Partner Partner, the Protected Partner’s sole right shall be to receive from the Partnership, and the Partnership shall pay to such Protected Partner as damages, an amount equal to:
Appears in 8 contracts
Samples: Tax Protection Agreement, Tax Protection Agreement, Tax Protection Agreement (Empire State Realty OP, L.P.)
Monetary Damages. In the event that the Partnership breaches its obligations set forth in Article 2, Article 3, or Article 6 with respect to a Protected Partner Partner, the Protected Partner’s sole right shall be to receive from the Partnership, and the Partnership shall pay to such Protected Partner as damages, an amount equal to:
Appears in 5 contracts
Samples: Tax Protection Agreement, Tax Protection Agreement (Gc Net Lease Reit, Inc.), Tax Protection Agreement (Gc Net Lease Reit, Inc.)
Monetary Damages. In the event that the Partnership breaches its obligations set forth in Article 2, Article 3, 2 or Article 6 3 with respect to a Protected Partner Partner, the Protected Partner’s sole right remedy shall be to receive from the Partnership, and the Partnership shall pay to such Protected Partner as damages, an amount equal to:
Appears in 5 contracts
Samples: Tax Protection Agreement (Strawberry Fields REIT, Inc.), Tax Protection Agreement (Generation Income Properties, Inc.), Tax Protection Agreement (Generation Income Properties, Inc.)
Monetary Damages. In the event that the Partnership or the Subsidiary Partnership breaches its obligations set forth in Article 2, Article 3, 2 or Article 6 3 with respect to a Protected Partner (or Indirect Owner thereof), the Protected Partner’s (and Indirect Owner’s) sole right shall be to receive from the Partnership, and the Partnership shall pay to such Protected Partner (or Indirect Owner thereof) as damages, an amount equal to:
Appears in 2 contracts
Samples: Tax Protection Agreement (Cogdell Spencer Inc.), Tax Protection Agreement (Cogdell Spencer Inc.)
Monetary Damages. In the event that the Partnership breaches its obligations set forth in Article 2, Article 3, or Article 6 with respect to a Protected Partner Partner, the Protected Partner’s sole right remedy shall be to receive from the Partnership, and the Partnership shall pay to such Protected Partner as damages, an amount equal to:
Appears in 2 contracts
Samples: Contribution and Sale Agreement, Contribution and Sale Agreement (Global Medical REIT Inc.)
Monetary Damages. In the event that the Partnership or a Subsidiary breaches its obligations set forth in Article 2, Article 3, II or Article 6 III with respect to a Protected Partner Partner, the Protected Partner’s sole right shall be to receive from the Partnership, and the Partnership shall pay to such the Protected Partner as damages, an amount equal to:
Appears in 2 contracts
Samples: Tax Protection Agreement (Farmland Partners Inc.), Tax Protection Agreement (Farmland Partners Inc.)
Monetary Damages. In the event that the Partnership breaches its obligations set forth in Article 2, 2 or Article 3, or Article 6 with respect to a Protected Partner Partner, the Protected Partner’s sole right remedy shall be to receive from the Partnership, and the Partnership shall pay to such Protected Partner as damages, an amount equal to:
Appears in 2 contracts
Samples: Tax Protection Agreement (Armada Hoffler Properties, Inc.), Tax Protection Agreement (Armada Hoffler Properties, Inc.)
Monetary Damages. In the event that the Partnership breaches its obligations set forth in Article 2, 2 or Article 3, or Article 6 with respect to a Protected Partner the Protected Partner’s sole right shall be to receive from the Partnership, and the Partnership shall pay to such Protected Partner as damages, an amount equal to:
Appears in 2 contracts
Samples: Form of Tax Protection Agreement (Richmond Honan Medical Properties Inc.), Form of Tax Protection Agreement (Richmond Honan Medical Properties Inc.)
Monetary Damages. In the event that the Partnership or a Subsidiary breaches its obligations set forth in Article 2, Article 3, 2 or Article 6 3 with respect to a Protected Partner (or Indirect Owner), the Protected Partner’s (and Indirect Owner’s) sole right shall be to receive from the Partnership, and the Partnership shall pay to such Protected Partner as damages, an amount equal to:
Appears in 1 contract
Samples: Tax Protection Agreement (Campus Crest Communities, Inc.)
Monetary Damages. In the event that the Partnership breaches its obligations set forth in Article 2, Article 3, Article 4 or Article 6 7 with respect to a Protected Partner the Protected Partner’s sole right shall be to receive from the Partnership, and the Partnership shall pay to such Protected Partner as damages, an amount equal to:
Appears in 1 contract
Monetary Damages. In the event that the Partnership breaches its obligations set forth in Article 2, 2 or Article 3, or Article 6 with respect to a Protected Partner Partner, the Protected Partner’s sole right shall be to receive from the Partnership, and the Partnership shall pay to such Protected Partner as damages, an amount equal to:
Appears in 1 contract
Samples: Form of Tax Protection Agreement (Richmond Honan Medical Properties Inc.)
Monetary Damages. In the event that the Partnership breaches its obligations set forth in Article 2, Article 3, Article 4 or Article 6 7 with respect to a Protected Partner the Protected Partner’s 's sole right shall be to receive from the Partnership, and the Partnership shall pay to such Protected Partner as damages, an amount equal to:
Appears in 1 contract
Monetary Damages. In the event that the Partnership breaches its obligations set forth in Article 2, Article 3, or Article 6 with respect to a Protected Partner (or Indirect Owner), the Protected Partner’s sole right shall be to receive from the Partnership, and the Partnership shall pay to such Protected Partner as damages, an amount equal to:
Appears in 1 contract
Samples: Tax Protection Agreement (Campus Crest Communities, Inc.)
