Common use of Restrictions on Ownership Clause in Contracts

Restrictions on Ownership. No person that is not a legal resident of the United States of America shall be permitted to beneficially own, directly or indirectly for U.S. federal income tax purposes, any Series M Preferred Units. The acquisition of any Series M Preferred Units by any person that is not a legal resident of the United States of America, whether or not in accordance with Section 2.I above, shall be void ab initio.

Appears in 1 contract

Samples: Partnership Agreement for Preferred Units (Sl Green Operating Partnership, L.P.)

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Restrictions on Ownership. No person that is not a legal resident of the United States of America shall be permitted to beneficially own, directly or indirectly for U.S. federal income tax purposes, any Series M H Preferred Units. The acquisition of any Series M H Preferred Units by any person that is not a legal resident of the United States of America, whether or not in accordance with Section 2.I above, shall be void ab initio.

Appears in 1 contract

Samples: Sl Green Operating Partnership, L.P.

Restrictions on Ownership. No person that is not a legal resident of the United States of America shall be permitted to beneficially own, directly or indirectly for U.S. federal income tax purposes, any Series M T Preferred Units. The acquisition of any Series M T Preferred Units by any person that is not a legal resident of the United States of America, whether or not in accordance with Section 2.I section 3.H above, shall be void ab initio.

Appears in 1 contract

Samples: Op Partnership Agreement (Sl Green Operating Partnership, L.P.)

Restrictions on Ownership. No person that is not a legal resident of the United States of America shall be permitted to beneficially own, directly or indirectly for U.S. federal income tax purposes, any Series M P Preferred Units. The acquisition of any Series M P Preferred Units by any person that is not a legal resident of the United States of America, whether or not in accordance with Section 2.I above, shall be void ab initio.

Appears in 1 contract

Samples: Partnership Agreement for Preferred Units (Sl Green Operating Partnership, L.P.)

Restrictions on Ownership. No person that is not a legal resident of the United States of America shall be permitted to beneficially own, directly or indirectly for U.S. federal income tax purposes, any Series M R Preferred Units. The acquisition of any Series M R Preferred Units by any person that is not a legal resident of the United States of America, whether or not in accordance with Section 2.I section 3.H above, shall be void ab initio.

Appears in 1 contract

Samples: Op Partnership Agreement (Sl Green Operating Partnership, L.P.)

Restrictions on Ownership. No person that is not a legal resident of the United States of America shall be permitted to beneficially own, directly or indirectly for U.S. federal income tax purposes, any Series M U Preferred Units. The acquisition of any Series M U Preferred Units by any person that is not a legal resident of the United States of America, whether or not in accordance with Section 2.I above, shall be void ab initio.

Appears in 1 contract

Samples: Op Partnership Agreement (Sl Green Operating Partnership, L.P.)

Restrictions on Ownership. No person that is not a legal resident of the United States of America shall be permitted to beneficially own, directly or indirectly for U.S. federal income tax purposes, any Series M S Preferred Units. The acquisition of any Series M S Preferred Units by any person that is not a legal resident of the United States of America, whether or not in accordance with Section 2.I above, shall be void ab initio.

Appears in 1 contract

Samples: Op Partnership Agreement (Sl Green Operating Partnership, L.P.)

Restrictions on Ownership. No person that is not a legal resident of the United States of America shall be permitted to beneficially own, directly or indirectly for U.S. federal income tax purposes, any Series M L Preferred Units. The acquisition of any Series M L Preferred Units by any person that is not a legal resident of the United States of America, whether or not in accordance with Section 2.I above, shall be void ab initio.

Appears in 1 contract

Samples: Sl Green Operating Partnership, L.P.

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Restrictions on Ownership. No person that is not a legal resident of the United States of America shall be permitted to beneficially own, directly or indirectly for U.S. federal income tax purposes, any Series M K Preferred Units. The acquisition of any Series M K Preferred Units by any person that is not a legal resident of the United States of America, whether or not in accordance with Section 2.I section 3.H above, shall be void ab initio.

Appears in 1 contract

Samples: Sl Green Operating Partnership, L.P.

Restrictions on Ownership. No person that is not a legal resident of the United States of America shall be permitted to beneficially own, directly or indirectly for U.S. federal income tax purposes, any the Series M W Preferred UnitsUnit. The acquisition of any the Series M W Preferred Units Unit by any person that is not a legal resident of the United States of America, whether or not in accordance with Section 2.I 3.H above, shall be void ab initio.

Appears in 1 contract

Samples: Sl Green Operating Partnership, L.P.

Restrictions on Ownership. No person that is not a legal resident of the United States of America shall be permitted to beneficially own, directly or indirectly for U.S. federal income tax purposes, any Series M N Preferred Units. The acquisition of any Series M N Preferred Units by any person that is not a legal resident of the United States of America, whether or not in accordance with Section 2.I section 3.H above, shall be void ab initio.

Appears in 1 contract

Samples: Sl Green Operating Partnership, L.P.

Restrictions on Ownership. No person that is not a legal resident of the United States of America shall be permitted to beneficially own, directly or indirectly for U.S. federal income tax purposes, any Series M V Preferred Units. The acquisition of any Series M V Preferred Units by any person or entity that is not would result in a legal resident violation of the United States of Americapreceding sentence, whether or not in accordance with Section 2.I 2.1 above, shall be void ab al, initio.

Appears in 1 contract

Samples: Op Partnership Agreement (Sl Green Operating Partnership, L.P.)

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