Operating Partnership definition

Operating Partnership has the meaning set forth in the preamble.

Operating Partnership shall have the meaning set forth in the preamble of this Agreement.

Operating Partnership has the meaning set forth in the Recitals.

Examples of Operating Partnership in a sentence

• Notwithstanding the foregoing, the Corporation and the Operating Partnership may not indemnify or hold harmless the Advisor, its Affiliates, or any of their respective members, managers, officers, directors, partners or employees in any manner that would be inconsistent with the provisions of Section II.G of the NASAA REIT Guidelines.

• The Advisor or any Affiliate thereof may not make any loan to the Corporation or the Operating Partnership unless a majority of the Board of Directors (including a majority of the Independent Directors) approve the loan as being fair, competitive, and commercially reasonable and no less favorable to the Corporation or the Operating Partnership than comparable loans between unaffiliated parties.

• In the event the Corporation or the Operating Partnership shall propose to enter into any transaction with the Sponsor, the Advisor, a Director or any Affiliate thereof, then such transaction shall be approved by a majority of the Board of Directors (including a majority of the Independent Directors) as fair and reasonable to the Corporation.

• Operating Partnership shall have the meaning set forth in the preamble of this Agreement.

• The joint venture, co-investment, co-ownership or partnership arrangements (other than arrangements between the Corporation and the Operating Partnership) in which the Corporation or any of its subsidiaries is a co-venturer, co-owner or general partner which are established to acquire or hold Assets.

More Definitions of Operating Partnership

Operating Partnership shall have the meaning set forth in the Preamble and also shall include the Operating Partnership's successors.

Operating Partnership means American Realty Capital Operating Partnership II, L.P., an Affiliate of the Company through which the Company may own Assets.

Operating Partnership means AmeriGas Propane, L.P.

Operating Partnership has the meaning set forth in the Recitals hereto.

Operating Partnership means AMB Property, L.P., a Delaware limited partnership.

Operating Partnership means AIMCO Properties, L.P., a Delaware limited partnership.

Operating Partnership means the Person named as the “Operating Partnership” in the first paragraph of this instrument until a successor Person shall have become such pursuant to the applicable provisions of this Indenture, and thereafter “Operating Partnership” shall mean such successor Person.