Common use of Admission of Substitute Limited Partner Clause in Contracts

Admission of Substitute Limited Partner. (a) Subject to the other provisions of this Article 9, an assignee of the Limited Partnership Interest of a Limited Partner (which shall be understood to include any purchaser, transferee, donee, or other recipient of any disposition of such Limited Partnership Interest) shall be deemed admitted as a Limited Partner of the Partnership only with the consent of the General Partner and upon the satisfactory completion of the following:

Appears in 116 contracts

Samples: Limited Partnership Agreement (North Haven Net REIT), Limited Partnership Agreement (EQT Exeter Real Estate Income Trust, Inc.), Limited Partnership Agreement (IPC Alternative Real Estate Income Trust, Inc.)

AutoNDA by SimpleDocs

Admission of Substitute Limited Partner. (a) Subject to the other provisions of this Article 9IX, an assignee of the Limited Partnership Interest Units of a Limited Partner (which shall be understood to include any purchaser, transferee, donee, donee or other recipient of any disposition of such Limited Partnership InterestUnits) shall be deemed admitted as a Limited Partner of the Partnership only with the consent of the General Partner, which consent may be given or withheld by the General Partner in its sole and absolute discretion, and upon the satisfactory completion of the following:

Appears in 47 contracts

Samples: Original Agreement (Agree Realty Corp), Agreement (New York City REIT, Inc.), Limited Partnership Agreement (Generation Income Properties, Inc.)

Admission of Substitute Limited Partner. (a) Subject to the other provisions of this Article 9, an assignee of the Limited Partnership Interest Units of a Limited Partner (which shall be understood to include any purchaser, transferee, donee, or other recipient of any disposition of such Limited Partnership InterestUnits) shall be deemed admitted as a Limited Partner of the Partnership only with the consent of the General Partner and upon the satisfactory completion of the following:

Appears in 32 contracts

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

Admission of Substitute Limited Partner. (a) Subject to the other provisions of this Article 9, an assignee of the Limited Partnership Interest of a Limited Partner (which shall be understood to include any purchaser, transferee, donee, or other recipient of any disposition of such Limited Partnership Interest) shall be deemed admitted as a Limited Partner of the Partnership only with the consent of the General Partner Partner, which consent may be granted or withheld in its sole and absolute discretion, and upon the satisfactory completion of the following:

Appears in 31 contracts

Samples: Limited Partnership Agreement (NRI Real Estate Investment & Technology, Inc.), Limited Partnership Agreement (HGR Liquidating Trust), Limited Partnership Agreement (BLACK CREEK INDUSTRIAL REIT IV Inc.)

Admission of Substitute Limited Partner. (a) Subject to the other provisions of this Article 9IX, an assignee of the Limited Partnership Interest of a Limited Partner (which shall be understood to include any purchaser, transferee, donee, or other recipient of any disposition of such Limited Partnership Interest) shall be deemed admitted as a Limited Partner of the Partnership only with the consent of the General Partner and upon the satisfactory completion of the following:

Appears in 31 contracts

Samples: Agreement (Investors Real Estate Trust), Limited Partnership Agreement (Dakota Real Estate Investment Trust), Limited Partnership Agreement (Presidential Realty Corp/De/)

Admission of Substitute Limited Partner. (a) Subject to the other provisions of this Article 9VIII, an assignee of the Limited Partnership Interest of a Limited Partner (which shall be understood to include any purchaser, transferee, donee, donee or other recipient of any disposition of such Limited Partnership Interest) or Partnership Units shall be deemed admitted as a Limited Partner of the Partnership only with the consent of the General Partner, which consent may be given or withheld by the General Partner in its sole and absolute discretion, and upon the satisfactory completion of the following:

Appears in 27 contracts

Samples: Agreement (MPT of West Anaheim, LLC), Agreement (MPT of West Anaheim, LLC), Agreement (MPT of West Anaheim, LLC)

Admission of Substitute Limited Partner. (a) Subject to the other provisions of this Article 9IX, an assignee of the Limited Partnership Interest of a Limited Partner (which shall be understood to include any purchaser, transferee, donee, donee or other recipient of any disposition of such Limited Partnership Interest) shall be deemed admitted as a Limited Partner of the Partnership only with the consent of the General Partner and upon the satisfactory completion of the following:

Appears in 26 contracts

Samples: Amended and Restated Agreement (Adaptive Real Estate Income Trust, Inc.), Third Amended and Restated Agreement (Behringer Harvard Reit I Inc), Plymouth Industrial REIT Inc.

Admission of Substitute Limited Partner. (a) Subject to the other provisions of this Article 9, an assignee of the Limited Partnership Interest of a Limited Partner (which shall be understood to include any purchaser, transferee, donee, donee or other recipient of any disposition of such Limited Partnership Interest) shall be deemed admitted as a Limited Partner of the Partnership only with the consent of the General Partner and upon the satisfactory completion of the following:

Appears in 11 contracts

Samples: Limited Partnership Agreement (J.P. Morgan Real Estate Income Trust, Inc.), Limited Partnership Agreement (BGO Industrial Real Estate Income Trust, Inc.), Limited Partnership Agreement (BGO Industrial Real Estate Income Trust, Inc.)

Admission of Substitute Limited Partner. (a) Subject to the other provisions of this Article 9, an assignee of the Limited Partnership Interest of a Limited Partner (which shall be understood to include any purchaser, transferee, donee, or other recipient of any disposition of such Limited Partnership Interest) shall be deemed admitted as a Limited Partner of the Operating Partnership only with the consent of the General Partner and upon the satisfactory completion of the following:

Appears in 11 contracts

Samples: Limited Partnership Agreement (Global Income Trust, Inc.), Limited Partnership Agreement (Global Growth Trust, Inc.), Limited Partnership Agreement (CNL Properties Trust, Inc.)

Admission of Substitute Limited Partner. (a) Subject to the other provisions of this Article 9IX, an assignee of the Limited Partnership Interest of a Limited Partner (which shall be understood to include any purchaser, transferee, donee, donee or other recipient of any disposition of such Limited Partnership Interest) or Partnership Units shall be deemed admitted as a Limited Partner of the Partnership only with the consent of the General Partner, which consent may be given or withheld by the General Partner in its sole and absolute discretion, and upon the satisfactory completion of the following:

Appears in 10 contracts

Samples: MHI Hospitality CORP, Highland Hospitality Corp, Asset Capital Corporation, Inc.

Admission of Substitute Limited Partner. (a) Subject to the other provisions of this Article 9IX, an assignee of the Limited Partnership Interest Units of a Limited Partner (which shall be understood to include any purchaser, transferee, donee, donee or other recipient of any disposition of such Limited Partnership InterestUnits) shall be deemed admitted as a Limited Partner of the Partnership only with the consent of the General Partner, which consent may be given or withheld by the General Partner in its sole and absolute discretion, and upon the satisfactory completion of the followingfollowing in a manner satisfactory to the General Partner:

Appears in 9 contracts

Samples: Original Agreement (Priam Properties Inc.), Strawberry Fields REIT, Inc., Original Agreement (RiverBanc Multifamily Investors, Inc.)

Admission of Substitute Limited Partner. (a) Subject to the other provisions of this Article 9IX, an assignee of the a Limited Partnership Interest of a Limited Partner (which shall be understood to include any purchaser, transferee, donee, donee or other recipient of any disposition of such Limited Partnership Interest) shall be deemed admitted as a Limited Partner of the Partnership only with the consent of the General Partner and upon the satisfactory completion of the following:

Appears in 7 contracts

Samples: Cole Office & Industrial REIT (CCIT III), Inc., Cole Office & Industrial REIT (CCIT III), Inc., Agreement (United Development Funding IV)

Admission of Substitute Limited Partner. (a) Subject to the other provisions of this Article 9, an assignee Assignee of the Limited Partnership Interest of a Limited Partner (which shall be understood to include any purchaser, transferee, donee, or other recipient of any disposition of such Limited Partnership Interest) shall be deemed admitted as a Limited Partner of the Partnership only with the consent of the General Partner and upon the satisfactory completion of the following:

Appears in 5 contracts

Samples: Limited Partnership Agreement (Jones Lang LaSalle Income Property Trust, Inc.), Limited Partnership Agreement (Jones Lang LaSalle Income Property Trust, Inc.), Limited Partnership Agreement (Jones Lang LaSalle Income Property Trust, Inc.)

Admission of Substitute Limited Partner. (a) Subject to the other provisions of this Article 9ARTICLE IX, an assignee of the a Limited Partnership Interest of a Limited Partner (which shall be understood to include any purchaser, transferee, donee, donee or other recipient of any disposition of such Limited Partnership Interest) shall be deemed admitted as a Limited Partner of the Partnership only with the consent of the General Partner and upon the satisfactory completion of the following:

Appears in 5 contracts

Samples: Agreement (Cole Credit Property Trust V, Inc.), Agreement (Cole Office & Industrial REIT (CCIT II), Inc.), United Development Funding Income Fund V

Admission of Substitute Limited Partner. (a) Subject to the other provisions of this Article 9IX, an assignee of the a Limited Partnership Interest of a Limited Partner (which shall be understood to include any purchaser, transferee, donee, donee or other recipient of any disposition of such Limited Partnership Interest) shall be deemed admitted as a Limited Partner of the Partnership only with the consent of the General Partner and upon the satisfactory completion of the following:

Appears in 3 contracts

Samples: Agreement (Cole Credit Property Trust Iv, Inc.), Cole Credit Property Trust Iv, Inc., Cole Corporate Income Trust, Inc.

Admission of Substitute Limited Partner. (a) Subject to the other provisions of this Article 9IX, an assignee of the Limited Partnership Interest of a Limited Partner (which shall be understood to include any purchaser, transferee, donee, or other recipient of any disposition of such Limited Partnership Interest) shall be deemed admitted as a Substitute Limited Partner of the Partnership only with the consent of the General Partner and upon the satisfactory completion of the following:

Appears in 3 contracts

Samples: Limited Partnership Agreement (WNC Housing Tax Credit Fund Vi Lp Series 5), WNC Housing Tax Credit Fund Vi Lp Series 5, WNC Housing Tax Credit Fund Vi Lp Series 5

Admission of Substitute Limited Partner. (a) Subject to the other provisions of this Article 9IX, an assignee of the Limited Partnership Interest Units of a Limited Partner (which shall be understood to include any purchaser, transferee, donee, donee or other recipient of any disposition of such Limited Partnership InterestUnits) shall be deemed admitted as a Limited Partner of the Partnership only with the consent of the General Partner, which consent may be given or withheld by the General Partner in its sole and absolute discretion, and upon the satisfactory completion of the followingfollowing in a manner satisfactory to the General Partner:

Appears in 3 contracts

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

Admission of Substitute Limited Partner. (a) 10.2.1 Subject to the other provisions of this Article 9Section 10, an assignee of the Limited Partnership Interest of a Limited Partner Interest (which shall be understood to include any purchaser, transferee, donee, or other recipient of any disposition of such Limited Partnership Partner Interest) shall be deemed admitted as a Limited Partner of the Partnership only with the consent of the General Partner Partner, which consent may be granted or withheld in its sole and absolute discretion and upon the satisfactory completion of the following:

Appears in 3 contracts

Samples: Limited Partnership Agreement (Cottonwood Communities, Inc.), Limited Partnership Agreement (Cottonwood Communities, Inc.), Agreement and Plan of Merger (Cottonwood Communities, Inc.)

Admission of Substitute Limited Partner. (a) Subject to the other provisions of this Article 9VIII, an assignee of the Limited Partnership Interest of a Limited Partner (which shall be understood to include any purchaser, transferee, donee, donee or other recipient of any disposition of such Limited Partnership Interest) shall be deemed admitted as a Limited Partner of the Partnership only with the consent of the General Partner and upon the satisfactory completion of the following:

Appears in 3 contracts

Samples: Schedules and Exhibits (Four Springs Capital Trust), Four Springs Capital Trust, Four Springs Capital Trust

Admission of Substitute Limited Partner. (ag) Subject to the other provisions of this Article 9IX, an assignee of the Limited Partnership Interest Units of a Limited Partner (which shall be understood to include any purchaser, transferee, donee, donee or other recipient of any disposition of such Limited Partnership InterestUnits) shall be deemed admitted as a Limited Partner of the Partnership only with the consent of the General Partner, which consent may be given or withheld by the General Partner in its sole and absolute discretion, and upon the satisfactory completion of the following:

Appears in 2 contracts

Samples: Pebblebrook Hotel Trust, Pebblebrook Hotel Trust

Admission of Substitute Limited Partner. (a) Subject to the other provisions of this Article 9IX, an assignee of the Limited Partnership Interest of a Limited Partner (which shall be understood to include any purchaser, transferee, donee, donee or other recipient of any disposition of such Limited Partnership Interest) shall be deemed admitted as a Limited Partner of the Partnership only with the consent of the General Partner and upon the satisfactory completion of the following:

Appears in 2 contracts

Samples: Windrose Medical Properties Trust, American Financial Realty Trust

Admission of Substitute Limited Partner. (a) Subject ttt)Subject to the other provisions of this Article 9, an assignee of the Limited Partnership Interest of a Limited Partner (which shall be understood to include any purchaser, transferee, donee, or other recipient of any disposition of such Limited Partnership Interest) shall be deemed admitted as a Limited Partner of the Partnership only with the consent of the General Partner Partner, which consent may be granted or withheld in its sole and absolute discretion, and upon the satisfactory completion of the following:

Appears in 2 contracts

Samples: Limited Partnership Agreement (ARES INDUSTRIAL REAL ESTATE INCOME TRUST Inc.), Limited Partnership Agreement (ARES INDUSTRIAL REAL ESTATE INCOME TRUST Inc.)

Admission of Substitute Limited Partner. (a) Subject to the other provisions of this Article Section 9, an assignee of the Limited Partnership Interest of a Limited Partner (which shall be understood to include any purchaser, transferee, donee, or other recipient of any disposition of such Limited Partnership Interest) shall be deemed admitted as a Limited Partner of the Partnership only with the consent of the General Partner Partner, which consent may be granted or withheld in its sole and absolute discretion and upon the satisfactory completion of the following:

Appears in 2 contracts

Samples: Limited Partnership Agreement (Cottonwood Communities, Inc.), Limited Partnership Agreement (Cottonwood Communities, Inc.)

Admission of Substitute Limited Partner. (a) Subject to the other provisions of this Article 9XI, an assignee of the Limited Partnership Interest of a Limited Partner (which shall be understood to include any purchaser, transferee, donee, donee or other recipient of any disposition of such Limited Partnership Interest) shall be deemed admitted to the Partnership as a Limited Partner of the Partnership (hereinafter a “Substitute Limited Partner”) only with the consent of the General Partner and upon the satisfactory completion of the following:

Appears in 2 contracts

Samples: Limited Partnership Agreement (NGFC Equities, Inc.), Limited Partnership Agreement (NGFC Equities, Inc.)

Admission of Substitute Limited Partner. (a) Subject to the other provisions of this Article 9IX, an assignee of the Limited Partnership Interest of a Limited Partner (which shall be understood to include any purchaser, transferee, donee, or other recipient of any disposition of such Limited Partnership Interest) shall be deemed admitted as a Limited Partner of the Partnership only with the consent of the General Partner and and] upon the satisfactory completion of the following:

Appears in 2 contracts

Samples: Wells Total Return REIT, Inc., Wells Total Return REIT, Inc.

Admission of Substitute Limited Partner. (a) Subject to the other provisions of this Article 9IX, an assignee of the Limited Partnership Interest of a Limited Partner (which shall be understood to include any purchaser, transferee, donee, donee or other recipient of any disposition of such Limited Partnership Interest) shall be deemed admitted as a Limited Partner of the Partnership only with the consent of the General Partner and upon the satisfactory completion of the following:

Appears in 2 contracts

Samples: GMH Communities Trust, GMH Communities Trust

Admission of Substitute Limited Partner. (a) Subject to the other provisions of this Article 9, an assignee of the Limited Partnership Interest of a Limited Partner (which shall be understood to include any purchaser, transferee, donee, or other recipient of any disposition of such Limited Partnership Interest) shall be deemed admitted as a Limited Partner of the Partnership only with the consent of the General Partner and upon the satisfactory completion of the following:Partner.

Appears in 2 contracts

Samples: Limited Partnership Agreement (InPoint Commercial Real Estate Income, Inc.), Limited Partnership Agreement (InPoint Commercial Real Estate Income, Inc.)

Admission of Substitute Limited Partner. (a) Subject to the other provisions of this Article 9, an assignee of the a Limited Partnership Interest of a Limited Partner (which shall be understood to include any purchaser, transferee, donee, donee or other recipient of any disposition of such Limited Partnership Interest) shall be deemed admitted as a Limited Partner of the Partnership (each, a “Substitute Limited Partner”) only with the consent of the General Partner Partner, in its sole and absolute discretion, and upon the satisfactory completion of the following:

Appears in 2 contracts

Samples: Uniti Group Inc., Uniti Group Inc.

Admission of Substitute Limited Partner. (a) Subject to the other provisions of this Article 9, an assignee of the Limited Partnership Interest Units of a Limited Partner (which shall be understood to include any purchaser, transferee, donee, or other recipient of any disposition of such Limited Partnership InterestUnits) shall be deemed admitted as a Limited Partner of the Partnership only with the consent of the General Partner and upon the satisfactory completion of the following:

Appears in 2 contracts

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

Admission of Substitute Limited Partner. (a) 11.2.1 Subject to the other provisions of this Article 9XI, an assignee of the Limited Partnership Interest of a Limited Partner (which shall be understood to include any purchaser, transferee, donee, or other recipient of any disposition of such Limited Partnership Interest) shall be deemed admitted as a Limited Partner of the Partnership only with the consent of the General Partner and upon the satisfactory completion of the following:

Appears in 1 contract

Samples: Levitt Corp

Admission of Substitute Limited Partner. (a) Subject to the other provisions of this Article 9VIII, an assignee of the Limited Partnership Interest of a Limited Partner (which shall be understood to include any purchaser, transferee, donee, or other recipient of any disposition of such Limited Partnership Interest) shall be deemed admitted as a Limited Partner of the Partnership only with the consent of the General Partner and upon the satisfactory completion of the following:

Appears in 1 contract

Samples: Four Springs Capital Trust

Admission of Substitute Limited Partner. (a) Subject to the other provisions of this Article 9, VIII. an assignee of the Limited Partnership Interest of a Limited Partner (which shall be understood to include any purchaser, transferee, donee, donee or other recipient of any disposition of such Limited Partnership Interest) or Partnership Units shall be deemed admitted as a Limited Partner of the Partnership only with the consent of the General Partner, which consent may be given or withheld by the General Partner in its sole and absolute discretion, and upon the satisfactory completion of the following:

Appears in 1 contract

Samples: MPT of West Anaheim, LLC

Admission of Substitute Limited Partner. (a) Subject to the other provisions of this Article 9X, an assignee of the Limited Partnership Interest of a Limited Partner (which shall be understood to include any purchaser, transferee, donee, donee or other recipient of any disposition of such Limited Partnership Interest) shall be deemed admitted as a Limited Partner of the Partnership only with the consent of the General Partner and upon the satisfactory completion of the following:

Appears in 1 contract

Samples: Limited Partnership Agreement (CapLease, Inc.)

Admission of Substitute Limited Partner. (a) Subject to the other provisions of this Article 9ARTICLE IX, an assignee of the Limited Partnership Interest of a Limited Partner (which shall be understood to include any purchaser, transferee, donee, or other recipient of any disposition of such Limited Partnership Interest) shall be deemed admitted to the Partnership as a Limited Partner of the Partnership (hereinafter a “Substitute Limited Partner”), only with the consent of the General Partner and upon the satisfactory completion of the following:

Appears in 1 contract

Samples: katchinvest.com

Admission of Substitute Limited Partner. (a) Subject to Notwithstanding the other provisions of this Article 9IX, an assignee of the Limited Partnership Interest of a Limited Partner (which shall be understood to include any purchaser, transferee, donee, donee or other recipient of any disposition of such Limited Partnership InterestInterest and shall include a purchaser acquiring an interest pursuant to Section 9.4 hereof) shall be deemed admitted as a Limited Partner of the Partnership only with the consent of the General Partner and (sometimes referred to as a “Substitute Limited Partner” ) only- upon the satisfactory completion of the following:

Appears in 1 contract

Samples: Agreement (HTS-Sunset Harbor Partner, L.L.C.)

AutoNDA by SimpleDocs

Admission of Substitute Limited Partner. (a) Subject to the other provisions of this Article 9XI, an assignee of the Limited Partnership Interest interest of a the Limited Partner (which shall be understood to include any purchaser, transferee, donee, donee or other recipient of any disposition of such Limited Partnership Interestinterest) shall be deemed admitted as a Limited Partner of the Partnership only with the consent of the General Partner and upon the satisfactory completion of the following:

Appears in 1 contract

Samples: Detroit Radio, LLC

Admission of Substitute Limited Partner. (a) Subject to the other provisions of this Article 9, an assignee of the Limited Partnership Interest of a Limited Partner (which shall be understood to include any purchaser, transferee, donee, or other recipient of any disposition of such Limited Partnership InterestInterests) shall be deemed admitted as a Limited Partner of the Partnership only with the consent of the General Partner and upon the satisfactory completion of the following:

Appears in 1 contract

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

Admission of Substitute Limited Partner. (a) Subject to the other provisions of this Article 9, an assignee of the Limited Partnership Interest of a Limited Partner (which shall be understood to include any purchaser, transferee, donee, or other recipient of any disposition of such Limited Partnership Interest) shall be deemed admitted as a Limited Partner of the Partnership only with the consent of the General Partner and upon the satisfactory completion of the following:

Appears in 1 contract

Samples: Limited Partnership Agreement (Apollo Realty Income Solutions, Inc.)

Admission of Substitute Limited Partner. (a) Subject to the other provisions of this Article 9, an assignee of the Limited Partnership Interest of a Limited Partner (which shall be understood to include any purchaser, transferee, donee, or other recipient of any disposition of such Limited Partnership Interest) shall be deemed admitted as a Limited Partner of the Partnership only with the consent of the General Partner in its sole and absolute discretion and upon the satisfactory completion of the following:

Appears in 1 contract

Samples: Community Healthcare Trust Inc

Admission of Substitute Limited Partner. (a) Subject to the other provisions of this Article 9X, an assignee of the Limited Partnership Interest of a Limited Partner (which shall be understood to include any purchaser, transferee, donee, donee or other recipient of any disposition of such Limited Partnership Interest) shall be deemed admitted to the Partnership as a Limited Partner of the Partnership (hereinafter a “Substitute Limited Partner”) only with the consent of the General Partner and upon the satisfactory completion of the following:

Appears in 1 contract

Samples: Partnership Agreement

Admission of Substitute Limited Partner. (a) Subject to the other provisions of this Article 9IX, an assignee of the Limited Partnership Interest of a Limited Partner (which shall be understood to include any purchaser, transferee, donee, donee or other recipient of any disposition of such Limited Partnership Interest) shall be deemed admitted as a Limited Partner of the Partnership only with the consent of the General Partner and upon the satisfactory completion of all of the following:

Appears in 1 contract

Samples: Agreement (Timberland Growth Corp)

Admission of Substitute Limited Partner. (a) Subject to the other provisions of this Article Section 9, an assignee of the Limited Partnership Interest of a Limited Partner (which shall be understood to include any purchaser, transferee, donee, or other recipient of any disposition of such Limited Partnership Interest) shall be deemed admitted as a Limited Partner of the Partnership only with the consent of the General Partner and upon the satisfactory completion of the following:

Appears in 1 contract

Samples: Limited Partnership Agreement (Passco Apartment REIT, Inc.)

Admission of Substitute Limited Partner. (a) Subject to Notwithstanding the other provisions of this Article 9IX, an assignee of the Limited Partnership Interest of a Limited Partner (which shall be understood to include any purchaser, transferee, donee, donee or other recipient of any disposition of such Limited Partnership Interest) shall be deemed admitted as a Limited Partner of the Partnership (sometimes referred to as a "Substitute Limited Partner") only with the consent of the General Partner and upon the satisfactory completion of the following:

Appears in 1 contract

Samples: Agreement (Sonesta International Hotels Corp)

Admission of Substitute Limited Partner. (a) Subject to the other provisions of this Article 9VIII, an assignee of the Limited Partnership Interest of a Limited Partner (which shall be understood to include any purchaser, transferee, donee, done or other recipient of any disposition of such Limited Partnership Interest) or Partnership Units shall be deemed admitted as a Limited Partner of the Partnership only with the consent of the General Partner, which consent may be given or withheld by the General Partner in its sole and absolute discretion, and upon the satisfactory completion of the following:

Appears in 1 contract

Samples: MPT of West Anaheim, LLC

Admission of Substitute Limited Partner. (a) 10.2.1 Subject to the other provisions of this Article 9Section 10, an assignee of the Limited Partnership Interest of a Limited Partner Interest (which shall be understood to include any purchaser, transferee, donee, or other recipient of any disposition of such Limited Partnership Partner Interest) shall be deemed admitted as a Limited Partner of the Partnership only with the consent of the General Partner Partner, which consent may be granted or withheld in its sole and absolute discretion and upon the satisfactory completion of the following:

Appears in 1 contract

Samples: Limited Partnership Agreement (Cottonwood Communities, Inc.)

Admission of Substitute Limited Partner. (a) Subject to the provisions of the Investment and Securityholders’ Agreement and the other provisions of this Article 9IX, an assignee of the Limited Partnership Interest Units of a Limited Partner (which shall be understood to include any purchaser, transferee, donee, donee or other recipient of any disposition of such Limited Partnership InterestUnits) shall be deemed admitted as a Limited Partner of the Partnership only with the consent of the General Partner, which consent may be given or withheld by the General Partner in its sole and absolute discretion, and upon the satisfactory completion of the following:

Appears in 1 contract

Samples: Ellington Residential Mortgage REIT

Admission of Substitute Limited Partner. (a) Subject to the other provisions of this Article 9, an assignee of the Limited Partnership Interest of a Limited Partner (which shall be understood to include any purchaser, transferee, donee, or other recipient of any disposition of such Limited Partnership Interest) shall be deemed admitted as a Limited Partner of the Partnership only with the consent of the General Partner and upon the satisfactory completion of the following:: 24006714184-v11 - 40 - 80-41019056

Appears in 1 contract

Samples: Limited Partnership Agreement (Apollo Realty Income Solutions, Inc.)

Admission of Substitute Limited Partner. (a) 10.2.1 Subject to the other provisions of this Article 9Section 10, an assignee of the Limited Partnership Interest of a Limited Partner Interest (which shall be understood to include any purchaser, transferee, donee, or other recipient of any disposition of such Limited Partnership Partner Interest) shall be deemed admitted as a Limited Partner of the Partnership only with the consent of the General Partner Partner, which consent may be granted or withheld in its sole discretion and upon the satisfactory completion of the following:

Appears in 1 contract

Samples: Lodging Fund REIT III, Inc.

Admission of Substitute Limited Partner. (a) a. Subject to the other provisions of this Article 9, an assignee of the Limited Partnership Interest of a Limited Partner (which shall be understood to include any purchaser, transferee, donee, or other recipient of any disposition of such Limited Partnership Interest) shall be deemed admitted as a Limited Partner of the Partnership only with the consent of the General Partner Partner, which consent may be granted or withheld in its sole and absolute discretion, and upon the satisfactory completion of the following:

Appears in 1 contract

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

Admission of Substitute Limited Partner. (a) Subject to the other provisions of this Article 9IX, an assignee of the Limited Partnership Interest Units of a Limited Partner (which shall be understood to include any purchaser, transferee, donee, donee or other recipient of any disposition of such Limited Partnership InterestUnits) shall be deemed admitted as a Limited Partner of the 37 Partnership only with the consent of the General Partner, which consent may be given or withheld by the General Partner in its sole and absolute discretion, and upon the satisfactory completion of the following:

Appears in 1 contract

Samples: Summit Hotel Properties, Inc.

Admission of Substitute Limited Partner. (a) Subject to the other provisions of this Article 9XI, an assignee of the Limited Partnership Partner Interest of a Limited Partner (which shall be understood to include any purchaser, transferee, donee, donee or other recipient of any disposition of such Limited Partnership Partner Interest) shall be deemed admitted as a Limited Partner of the Partnership only with the consent of the General Partner and upon the satisfactory completion of the following:

Appears in 1 contract

Samples: Agreement (U S Restaurant Properties Inc)

Admission of Substitute Limited Partner. (a) Subject to the other provisions of this Article 9, an assignee of the Limited Partnership Interest of a Limited Partner (which shall be understood to include any purchaser, transferee, donee, or other recipient of any disposition of such Limited Partnership Interest) shall be deemed admitted as a Limited Partner of the Partnership only with the consent of the General Partner and upon the satisfactory completion of the following:

Appears in 1 contract

Samples: Reorganization Agreement (Mid America Apartment Communities Inc)

Admission of Substitute Limited Partner. (a) 9.3.1 Subject to the other provisions of this Article Section 9, an assignee of the Limited Partnership Interest of a Limited Partner (which shall be understood to include any purchaser, transferee, donee, donee or other recipient of any disposition of such Limited Partnership Interest) shall be deemed admitted as a Limited Partner of the Partnership only with the consent of the General Partner Partner, which consent may be granted or withheld in its sole discretion and upon the satisfactory completion of the following:

Appears in 1 contract

Samples: Limited Partnership Agreement (Lodging Fund REIT III, Inc.)

Admission of Substitute Limited Partner. (a) Subject to the other provisions of this Article 9, an assignee of the Limited Partnership Interest of a Limited Partner (which shall be understood to include any purchaser, transferee, donee, or other recipient of any disposition of such Limited Partnership Interest) shall be deemed admitted as a Limited Partner of the Partnership only with the consent of the Sponsor General Partner Partner, which consent may be granted or withheld in its sole and absolute discretion, and upon the satisfactory completion of the following:

Appears in 1 contract

Samples: Limited Partnership Agreement (NRI Real Token Inc.)

Admission of Substitute Limited Partner. (a) Subject to the other provisions of this Article 9IX, an assignee of the Limited Partnership Interest of a Limited Partner (which shall be understood to include any purchaser, transferee, donee, . or other recipient of any disposition of such Limited Partnership Interest) shall be deemed admitted as a Limited Partner of the Partnership only with the consent of the General Partner and upon the satisfactory completion of the following:

Appears in 1 contract

Samples: Wells Real Estate Investment Trust Inc

Admission of Substitute Limited Partner. (a) Subject to the other provisions of this Article 9, an assignee of the Limited Partnership Interest of a Limited Partner (which shall be understood to include any purchaser, transferee, donee, or other recipient of any disposition of such Limited Partnership Interest) shall be deemed admitted as a Limited Partner of the Partnership only with the consent of the General Partner and upon the satisfactory completion of the following:Partner.

Appears in 1 contract

Samples: Limited Partnership Agreement (ARC Realty Finance Trust, Inc.)

Admission of Substitute Limited Partner. (a) Subject to the other provisions of this Article 9IX, an assignee of the Limited Partnership Interest Units of a Limited Partner (which shall be understood to include includes any purchaser, transferee, donee, donee or other recipient of any disposition of such Limited Partnership InterestUnits) shall be deemed admitted as a Limited Partner of the Partnership only with the consent of the General Partner, which consent may be given or withheld by the General Partner in its sole and absolute discretion, and upon the satisfactory completion of the following:

Appears in 1 contract

Samples: Legacy Healthcare Properties Trust Inc.

Time is Money Join Law Insider Premium to draft better contracts faster.