Common use of Adjustment in Timing of Allocations Clause in Contracts

Adjustment in Timing of Allocations. The General Partner, in its discretion, may cause the Partnership to make the allocations described in Article 8 at a time other than as of the end of a fiscal quarter.

Appears in 1 contract

Sources: Limited Partnership Agreement

Adjustment in Timing of Allocations. The General Partner, in its discretion, may cause the Partnership to make the allocations described in Article 8 at a time other than as of the end of a fiscal quarteryear on the basis of an interim closing of the Partnership’s books at such time. In that event, each short fiscal period attributable to any such interim closing shall constitute a fiscal year for purposes of this Article 8.

Appears in 1 contract

Sources: Limited Partnership Agreement (Plymouth Opportunity REIT Inc.)

Adjustment in Timing of Allocations. The General Partner, in its discretion, may cause the Partnership to make the allocations described in Article 8 at a time other than as of the end of a fiscal quarteryear on the basis of an interim closing of the Partnership’s books at such dine. In that event, each short fiscal period attributable to any such interim closing shall constitute a fiscal year for purposes of this Article 8.

Appears in 1 contract

Sources: Limited Partnership Agreement (Plymouth Opportunity REIT Inc.)