Common use of Contracts with Affiliates Clause in Contracts

Contracts with Affiliates. A. The Partnership may contribute assets and loan funds to joint ventures, other partnerships, corporations or other business entities in which it is or thereby becomes a participant upon such terms and subject to such conditions consistent with this Agreement and applicable law as the General Partner, in its sole and absolute discretion, deems advisable. The foregoing authority shall not create any right or benefit in favor of any such other business entities.

Appears in 23 contracts

Samples: Crescent Real Estate Equities Co, Crescent Real Estate Equities Co, Crescent Real Estate Equities Co

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Contracts with Affiliates. A. The Partnership may lend or contribute assets and loan funds to joint ventures, other partnerships, corporations or other business entities assets to any Subsidiary or other Persons in which it is or thereby becomes a participant upon has an equity investment and such Persons may borrow funds from the Partnership, on terms and subject to such conditions consistent with this Agreement established in the sole and applicable law as absolute discretion of the General Partner, in its sole and absolute discretion, deems advisable. The foregoing authority shall not create any right or benefit in favor of any such Subsidiary or any other business entitiesPerson.

Appears in 21 contracts

Samples: Agreement (Cole Real Estate Income Strategy (Daily Nav), Inc.), Original Agreement (Easterly Government Properties, Inc.), Original Agreement (Easterly Government Properties, Inc.)

Contracts with Affiliates. A. The Partnership may lend or contribute assets and loan funds to joint ventures, other partnerships, corporations or other business entities assets to, and borrow funds from, its or the Company’s Subsidiaries or other Persons in which it is or thereby becomes a participant upon the Company has an equity or other interests and such Persons may borrow funds from, and lend or contribute funds or assets to, the Partnership, on terms and subject to such conditions consistent with this Agreement and applicable law as established by the General Partner, in its sole following the direction and absolute discretion, deems advisableapproval of the Board of Directors. The foregoing authority shall not create any right or benefit in favor of any such Subsidiary or any other business entitiesPerson.

Appears in 14 contracts

Samples: Limited Partnership Agreement (NexPoint Real Estate Finance, Inc.), Limited Partnership Agreement (NexPoint Real Estate Finance, Inc.), Limited Partnership Agreement (NexPoint Real Estate Finance, Inc.)

Contracts with Affiliates. A. The Partnership may lend or contribute assets and loan funds to joint ventures, other partnerships, corporations or other business entities assets to its or the Company’s Subsidiaries or other Persons in which it is or thereby becomes a participant upon the Company has an equity investment and such Persons may borrow funds from the Partnership, on terms and subject to such conditions consistent with this Agreement established in the sole and applicable law as absolute discretion of the General Partner, in its sole and absolute discretion, deems advisable. The foregoing authority shall not create any right or benefit in favor of any such Subsidiary or any other business entitiesPerson.

Appears in 9 contracts

Samples: Limited Partnership Agreement (PennyMac Mortgage Investment Trust), Limited Partnership Agreement (PennyMac Mortgage Investment Trust), Limited Partnership Agreement (Colony Starwood Homes)

Contracts with Affiliates. A. (a) The Partnership may lend or contribute assets and loan funds to joint ventures, other partnerships, corporations or other business entities assets to its or the Company’s Subsidiaries or other Persons in which it is or thereby becomes a participant upon the Company has an equity investment and such Persons may borrow funds from the Partnership, on terms and subject to such conditions consistent with this Agreement established in the sole and applicable law as absolute discretion of the General Partner, in its sole and absolute discretion, deems advisable. The foregoing authority shall not create any right or benefit in favor of any such Subsidiary or any other business entitiesPerson.

Appears in 8 contracts

Samples: Pledge Agreement (NetSTREIT Corp.), Pledge Agreement (NetSTREIT Corp.), Pledge Agreement (NetSTREIT Corp.)

Contracts with Affiliates. A. 7.5.1 The Partnership may lend or contribute assets and loan funds to joint ventures, other partnerships, corporations or other business entities assets to its Subsidiaries or other Persons in which it is or thereby becomes a participant upon has an equity investment, and such Persons may borrow funds from the Partnership, on terms and subject to such conditions consistent with this Agreement established in the sole and applicable law as absolute discretion of the General Partner, in its sole and absolute discretion, deems advisable. The foregoing authority shall not create any right or benefit in favor of any such Subsidiary or any other business entitiesPerson.

Appears in 6 contracts

Samples: Agreement (Arizona Land Income Corp), Agreement (Pacific Office Properties Trust, Inc.), Agreement (Arizona Land Income Corp)

Contracts with Affiliates. A. The Partnership may lend or contribute assets and loan funds to joint ventures, other partnerships, corporations or other business entities Persons in which it is or thereby becomes a participant upon has an equity investment, and such Persons may borrow funds from the Partnership on terms and subject to such conditions consistent with this Agreement established in the sole and applicable law as absolute discretion of the General Partner, in its sole and absolute discretion, deems advisable. The foregoing authority shall not create any right or benefit in favor of any such other business entitiesPerson.

Appears in 2 contracts

Samples: Cedar Income Fund LTD, Cedar Shopping Centers Inc

Contracts with Affiliates. A. The Partnership may lend or contribute assets and loan funds to joint ventures, other partnerships, corporations or other business entities Persons in which it is or thereby becomes a participant upon the Partnership has an equity investment, and such Persons may borrow funds from the Partnership, on terms and subject to such conditions consistent with this Agreement and applicable law as established in the General Partner, in its sole and absolute discretion, deems advisablediscretion of the Managing General Partner. The foregoing authority shall not create any right or benefit in favor of any such other business entitiesPerson.

Appears in 2 contracts

Samples: Prime Group Realty Trust, Prime Group Realty Trust

Contracts with Affiliates. A. (a) The Partnership may lend or contribute assets and loan funds to joint ventures, other partnerships, corporations or other business entities assets to, and borrow funds from, its or the Company’s Subsidiaries or other Persons in which it is or thereby becomes a participant upon the Company has an equity or other interests and such Persons may borrow funds from, and lend or contributed funds or other assets to, the Partnership, on terms and conditions established by the General Partner (following direction from and subject to such conditions consistent with this Agreement and applicable law as approval by the General Partner, in its sole and absolute discretion, deems advisableBoard of Directors). The foregoing authority shall not create any right or benefit in favor of any such Subsidiary or any other business entitiesPerson.

Appears in 2 contracts

Samples: Limited Partnership Agreement (Vinebrook Homes Trust, Inc.), Limited Partnership Agreement (Vinebrook Homes Trust, Inc.)

Contracts with Affiliates. A. The Partnership may lend or contribute assets and loan funds to joint ventures, other partnerships, corporations or other business assets to its subsidiaries or other entities in which it is or thereby becomes a participant upon has an equity investment and such entities may borrow funds from the Partnership, on terms and subject to such conditions consistent with this Agreement established in the sole and applicable law as absolute discretion of the General Partner, in its sole and absolute discretion, deems advisable. The foregoing authority shall not create any right or benefit in favor of any such subsidiary or any other business entitiesentity.

Appears in 2 contracts

Samples: Limited Partnership Agreement (Metropolis Realty Trust Inc), Partnership Agreement (Metropolis Realty Trust Inc)

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Contracts with Affiliates. A. The Partnership may lend or contribute assets and loan funds to joint ventures, other partnerships, corporations or other business entities in assets to its Subsidiaries or other Persons to which it is or thereby becomes a participant upon has an equity investment and such Persons may borrow funds from the Partnership, on terms and subject to such conditions consistent with this Agreement established in the sole and applicable law as absolute discretion of the General Partner, in its sole and absolute discretion, deems advisable. The foregoing authority shall not create any right or benefit in favor of any such Subsidiary or any other business entitiesPerson.

Appears in 1 contract

Samples: Limited Partnership Agreement (3100 Glendale Joint Venture)

Contracts with Affiliates. A. The Partnership may lend or contribute assets and loan funds to joint ventures, other partnerships, corporations its subsidiaries or other business entities Persons in which it is or thereby becomes a participant upon has an equity investment, and such Persons may borrow funds from the Partnership, on terms and subject to such conditions consistent with this Agreement condition established in the sole and applicable law as absolute discretion of the General Partner, in its sole and absolute discretion, deems advisable. The foregoing authority shall not create any right or benefit in favor of any such other business entitiesPerson. The Partnership may also engage in transactions and enter into contracts with Affiliates of the General Partner that are on terms fair and reasonable to the Partnership and no less favorable to the Partnership than would be obtained from unaffiliated third parties.

Appears in 1 contract

Samples: Strategic Timber Trust Inc

Contracts with Affiliates. A. The Partnership may lend or contribute assets and loan funds to joint ventures, other partnerships, corporations or other business entities Persons in which it is or thereby becomes a participant upon the Partnership has an equity investment, and such Persons may borrow funds from the Partnership, on terms and subject to such conditions consistent with this Agreement established in the sole and applicable law as absolute discretion of the General Partner, in its sole and absolute discretion, deems advisable. The foregoing authority shall not create any right or benefit in favor of any such other business entitiesPerson.

Appears in 1 contract

Samples: Prime Group Realty Trust

Contracts with Affiliates. A. The Except as provided elsewhere in this Agreement, the Partnership may lend or contribute assets and loan funds to joint ventures, other partnerships, corporations or other business entities assets to any Affiliate or Subsidiary or other Persons in which it is or thereby becomes a participant upon has an investment and such Persons may borrow funds from the Partnership, on terms and subject to such conditions consistent with this Agreement established in the sole and applicable law as absolute discretion of the General Partner, in its sole and absolute discretion, deems advisable. The foregoing authority shall not create any right or benefit in favor of any such Subsidiary or any other business entitiesPerson.

Appears in 1 contract

Samples: Macerich Co

Contracts with Affiliates. A. The Partnership may lend or contribute assets and loan funds to joint ventures, other partnerships, corporations or other business entities assets to its Subsidiaries or other persons in which it is or thereby becomes a participant upon has an equity investment, and such Persons may borrow funds from the Partnership, in each case on terms and subject to such conditions consistent with this Agreement established in the sole and applicable law as absolute discretion of the General Partner, in its sole and absolute discretion, deems advisable. The foregoing authority shall not create any right or benefit in favor of any such Subsidiary or any other business entitiesPerson.

Appears in 1 contract

Samples: Trinet Corporate Realty Trust Inc

Contracts with Affiliates. A. (a) The Partnership may lend or contribute assets and loan funds to joint ventures, other partnerships, corporations or other business entities assets to its Affiliates or Subsidiaries or other Persons in which it is or thereby becomes a participant upon has an equity investment and such Persons may borrow funds from the Partnership, on terms and subject to such conditions consistent with this Agreement established in the sole and applicable law as absolute discretion of the General Partner, in its sole and absolute discretion, deems advisable. The foregoing authority shall not create any right or benefit in favor of any such Subsidiary or any other business entitiesPerson.

Appears in 1 contract

Samples: Camden Property Trust

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