Common use of Continued Obligations Clause in Contracts

Continued Obligations. In no event shall a permitted Transfer be deemed to relieve the Partners who transfer their Interests from their obligations and liabilities under this Agreement, including, without limitation, their obligations with respect to Capital Contributions, except obligations arising after the permitted Transferee becomes a substituted Partner in accordance with Section 8.2.

Appears in 5 contracts

Samples: Limited Liability Company Agreement (Industrial Property Trust Inc.), Industrial Property Trust Inc., Industrial Property Trust Inc.

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Continued Obligations. In no event shall a permitted Transfer be deemed to relieve the Partners who transfer their Interests from their obligations and liabilities under this Agreement, including, without limitation, their obligations with respect to Capital Contributions, except obligations arising after the permitted Transferee becomes a substituted Partner in accordance with Section 8.2.. ​

Appears in 2 contracts

Samples: BLACK CREEK INDUSTRIAL REIT IV Inc., BLACK CREEK INDUSTRIAL REIT IV Inc.

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Continued Obligations. In no event shall a permitted Transfer be deemed to relieve the Partners who transfer their Interests from their obligations and liabilities under this Agreement, including, without limitation, their obligations with respect to Capital Contributions, except obligations arising after the permitted Transferee becomes a substituted Partner in accordance with Section 8.2.

Appears in 1 contract

Samples: Industrial Income Trust Inc.

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