General Partner Capital Contributions. (a) Simultaneously with the execution and delivery hereof, the Managing General Partner is contributing to the Partnership and its subsidiaries substantially all of its assets and liabilities in exchange for a managing general partnership interest in the Partnership and admission to the Partnership as a Limited Partner with the number of Units set forth on Exhibit A.
Appears in 2 contracts
Samples: Simon Property Group L P /De/, Corporate Realty Consultants Inc
General Partner Capital Contributions. (a) Simultaneously with the execution and delivery hereof, the Managing General Partner is contributing to the Partnership and its subsidiaries substantially all of its assets and liabilities in exchange for a managing general partnership interest in the Partnership and admission to the Partnership as a Limited Partner with the number of Units set forth on Exhibit A.A. The Partnership may direct the transfer of certain of such assets and/or liabilities to one or more of its subsidiaries.
Appears in 2 contracts
Samples: SPG Realty Consultants Inc, Corporate Realty Consultants Inc