E hereof. A trust or other entity will be considered formed “for the benefit” of a Partner’s Immediate Family even though some other Person has a remainder interest under or with respect to such trust or other entity.
Appears in 20 contracts
Samples: Agreement (Broad Street Realty, Inc.), Agreement (Education Realty Operating Partnership L P), Freehold Properties, Inc.
E hereof. A trust or other entity will be considered formed “for the benefit” of a PartnerMember’s Immediate Family even though some other Person has a remainder interest under or with respect to such trust or other entity.
Appears in 3 contracts
Samples: Limited Liability Company Agreement (Nexpoint Diversified Real Estate Trust), Limited Liability Company Agreement (Welltower OP LLC), Limited Liability Company Agreement (Jernigan Capital, Inc.)
