Common use of Continuation Clause in Contracts

Continuation. The Partners hereby continue the Partnership as a limited partnership under and pursuant to the Act. Except as expressly provided herein to the contrary, the rights and obligations of the Partners and the administration and termination of the Partnership shall be governed by the Act. The Partnership Interest of each Partner shall be personal property for all purposes.

Appears in 42 contracts

Samples: Limited Partnership Agreement (PennyMac Mortgage Investment Trust), Limited Partnership Agreement (NexPoint Real Estate Finance, Inc.), Pledge Agreement (NetSTREIT Corp.)

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Continuation. The Partners hereby agree to continue the Partnership as a limited partnership under and pursuant to the Actprovisions of the Act and upon the terms and conditions set forth in this Agreement. Except as expressly provided herein to the contraryherein, the rights and obligations of the Partners and the administration and termination of the Partnership shall be governed by the Act. The Partnership Interest of each Partner shall be personal property for all purposes.

Appears in 23 contracts

Samples: Notice and Agreement (Ashford Hospitality Trust Inc), Notice and Agreement (Stirling Hotels & Resorts, Inc.), Contribution Agreement (Ashford Hospitality Trust Inc)

Continuation. The Partners hereby agree to continue the Partnership as a limited partnership under and pursuant to the Act. Except as expressly provided herein to the contrary, the rights and obligations of the Partners and the administration and termination of the Partnership shall be governed by the Act. The Partnership Interest of each Partner shall be personal property for all purposes.

Appears in 8 contracts

Samples: Mission West Properties Inc, Mission West Properties Inc, Master Agreement (RPS Realty Trust)

Continuation. The Partners hereby agree to continue the Partnership as a limited partnership under and pursuant to the Act. The Partnership is a limited partnership formed pursuant to the provisions of the Act and upon the terms and conditions set forth in this Agreement. Except as expressly provided herein to the contrary, the rights and obligations of the Partners and the administration and termination of the Partnership shall be governed by the Act. The Partnership Interest of each Partner shall be personal property for all purposes.

Appears in 3 contracts

Samples: Kramont Realty Trust, Employment Agreement (Kranzco Realty Trust), Employment Agreement (Cv Reit Inc)

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Continuation. The Partners do hereby continue the Partnership as a under the Act for the limited partnership under purposes and pursuant to scope set forth herein and upon the Actterms, provisions and conditions set forth in this Agreement. Except as expressly otherwise specifically provided herein to the contraryin this Agreement, the rights and obligations of the Partners and the continuation, administration and termination of the Partnership shall be governed by the Act. The Partnership Interest of each Partner shall be personal property for all purposes.

Appears in 1 contract

Samples: Limited Partnership Agreement (Centex Construction Products Inc)

Continuation. The Partners hereby agree to continue the Partnership as a limited partnership under and pursuant to the ActAct and upon the terms and conditions set forth in this Agreement. Except as expressly provided herein to the contrary, the rights and obligations of the Partners and the administration and termination of the Partnership shall be governed by the Act. The Partnership Interest Interests of each Partner shall be personal property for all purposes.

Appears in 1 contract

Samples: Insignia Properties Trust /

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