Common use of General Partnership Interest Clause in Contracts

General Partnership Interest. A number of Partnership Units held by the General Partner equal to one percent (1%) of all outstanding Partnership Units shall be deemed to be the General Partner Partnership Units and shall be the General Partnership Interest. All other Partnership Units held by the General Partner shall be Limited Partnership Interests and shall be held by the General Partner in its capacity as a Limited Partner in the Partnership.

Appears in 13 contracts

Samples: Limited Partnership Agreement, Limited Partnership Agreement (JBG SMITH Properties), Limited Partnership Agreement (JBG SMITH Properties)

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General Partnership Interest. A number of Partnership Units held by the General Partner equal to one percent (1%) of all outstanding Partnership OP Units shall be deemed to be the General Partner Partnership Units and shall be Interest of the General Partnership InterestPartner. All other Partnership Units held by the General Partner shall be deemed to be Limited Partnership Partner Interests and shall be held by the General Partner in its capacity as a Limited Partner in the Partnership.

Appears in 10 contracts

Samples: Merger Agreement (Ready Capital Corp), Merger Agreement (ZAIS Financial Corp.), Management Agreement (ZAIS Financial Corp.)

General Partnership Interest. A number of Partnership Units held by the General Partner equal to one percent (1%) of all outstanding Partnership Units shall be deemed to be the General Partner Partnership Units and shall be the General Partnership Interest. All other Partnership Units held by the General Partner shall be deemed to be Limited Partnership Interests and shall be held by the General Partner in its capacity as a Limited Partner in the Partnership.

Appears in 5 contracts

Samples: Sl Green Realty Corp, Macklowe Properties Inc, Sl Green Realty Corp

General Partnership Interest. A number of Partnership Units held by the General Partner equal to one percent (1%) of all outstanding Partnership Class A Units shall be deemed to be the General Partner Partnership Units and shall be the General Partnership Interest. All other Partnership Units held by the General Partner shall be deemed to be Limited Partnership Interests and shall be held by the General Partner in its capacity as a Limited Partner in the Partnership.

Appears in 5 contracts

Samples: Agreement (Cb Richard Ellis Realty Trust), Agreement (Cb Richard Ellis Realty Trust), Cb Richard Ellis Realty Trust

General Partnership Interest. A number of Partnership Units held by the General Partner equal to one percent (1%) of all outstanding Partnership Units shall be deemed to be the General Partner Partnership Units and shall be the General Partnership Interest. All other Partnership Units held by the General Partner shall be deemed to be Limited Partnership Partner Interests and shall be held by the General Partner in its capacity as a Limited Partner in the Partnership.

Appears in 5 contracts

Samples: Fourth (Gramercy Property Trust Inc.), Gramercy Property Trust Inc., Gramercy Capital Corp

General Partnership Interest. A The General Partnership Interest shall be a number of Common Partnership Units held by the General Partner equal to one tenth of one percent (10.10%) of all outstanding Common Partnership Units shall be deemed to be the General Partner Partnership Units and shall be the General Partnership InterestUnits. All other Partnership Units held by the General Partner shall be Limited Partnership Interests and shall be held by the General Partner in its capacity as a Limited Partner in the Partnership.

Appears in 3 contracts

Samples: Limited Partnership Agreement (Forest City Realty Trust, Inc.), Limited Partnership Agreement (Forest City Enterprises Inc), Limited Partnership Agreement (Forest City Realty Trust, Inc.)

General Partnership Interest. A number of Partnership Units held by the General Partner equal to one percent (1%) of all outstanding Partnership Units shall be deemed to be the General Partner Partner’s Partnership Units and shall be the General Partnership InterestPartner Interest of the General Partner. All other Partnership Units held by the General Partner shall be deemed to be Limited Partnership Partner Interests and shall be held by the General Partner in its capacity as a Limited Partner in the Partnership.

Appears in 3 contracts

Samples: RLJ Lodging Trust, Chesapeake Lodging Trust, Chesapeake Lodging Trust

General Partnership Interest. A number of Partnership Units held by the General Partner equal to one percent (1%) of all outstanding Partnership Units shall be deemed to be the General Partner Partnership Units and shall be the General Partnership Interest. All other Partnership Units held by the General Partner shall be deemed to be Limited Partnership Interests and shall be held by the General Partner in its capacity as a Limited Partner in the Partnership.

Appears in 2 contracts

Samples: Gramercy Property Trust, Gramercy Capital Corp

General Partnership Interest. A The number of Partnership Units held by the General Partner equal to one percent (1%) of all outstanding Partnership Units % shall be deemed to be the General Partner Partnership Units and shall be Interest of the General Partnership InterestPartner. All other Partnership Units held by the General Partner shall be deemed to be Limited Partnership Partner Interests and shall be held by the General Partner in its capacity as a Limited Partner in the Partnership.

Appears in 2 contracts

Samples: Hannon Armstrong Sustainable Infrastructure Capital, Inc., Hannon Armstrong Sustainable Infrastructure Capital, Inc.

General Partnership Interest. A number of Partnership Units held by the General Partner equal to one percent (1%) of all outstanding Partnership Units shall be deemed to be the General Partner Partnership Units and shall be Interest of the General Partnership InterestPartner. All other Partnership Units held by the General Partner shall be deemed to be Limited Partnership Partner Interests and shall be held by the General Partner in its capacity as a Limited Partner in the Partnership.

Appears in 2 contracts

Samples: DLC Realty Trust, Inc., DLC Realty Trust, Inc.

General Partnership Interest. A number of Partnership Units held by the General Partner equal to one percent (1%) of all outstanding Partnership Units shall be deemed to be the General Partner Partnership Units and shall be the General Partnership Interest. All other Partnership Units held by the General Partner shall be Limited Partnership Interests and shall be held by the General Partner in its capacity as a Limited Partner in the Partnership.

Appears in 2 contracts

Samples: Vornado Operating Inc, Vornado Operating Co

General Partnership Interest. A number of Partnership Units held by the General Partner equal to one percent (1%) of all outstanding Partnership Units shall be deemed to be the General Partner Partnership Units and shall be the General Partnership Interest. All other Partnership Units held by the General Partner shall be Limited Partnership Interests and shall be held by the General Partner in its capacity as a Limited Partner in the Partnership.. C.

Appears in 1 contract

Samples: Vesting Agreement (JBG SMITH Properties)

General Partnership Interest. A number of Partnership Common Units held by the General Partner Company equal to one percent (1%) of all outstanding Partnership Units shall be deemed to be the General Partner Partnership Units and shall be the General Partnership Interest. All other Partnership Units held by the General Partner Company shall be deemed to be Limited Partnership Interests and shall be held by the General Partner Company in its capacity as a Limited Partner in the Partnership.

Appears in 1 contract

Samples: Cornerstone Properties Inc

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General Partnership Interest. A number of Partnership Common Units held by the General Partner equal to one percent (11 %) of all outstanding Partnership Common Units shall be deemed to be the General Partner Partnership Units and shall be the General Partnership Interest. All other Partnership Units held by the General Partner shall be deemed to be Limited Partnership Interests and shall be held by the General Partner in its capacity as a Limited Partner in the Partnership.

Appears in 1 contract

Samples: Agreement (CNL Income Mesa Del Sol, LLC)

General Partnership Interest. A The number of Partnership Units held by the General Partner which shall be deemed to be the General Partner Interest of the General Partner shall equal to the lesser of one percent (1%) of all outstanding Partnership Units and the amount of Partnership Units held by the General Partner.. Any Partnership Units held by the General Partner in excess of one percent (1%) of all outstanding Partnership Units shall be deemed to be the General Limited Partner Partnership Units and shall be the General Partnership Interest. All other Partnership Units held by the General Partner shall be Limited Partnership Interests and shall be held by the General Partner in its capacity as a Limited Partner in the Partnership.

Appears in 1 contract

Samples: Retail Opportunity Investments Partnership, LP

General Partnership Interest. A number of Partnership Common Units held by the General Partner equal to one percent (1%) of all outstanding Partnership Common Units [(or if the Common Units held by the General Partner equal less than one percent (1%) of all outstanding Common Units, such lesser amount)] shall be deemed to be the General Partner Partnership Units and shall be the General Partnership Interest. All other Partnership Units held by the General Partner shall be deemed to be Limited Partnership Interests and shall be held by the General Partner in its capacity as a Limited Partner in the Partnership.

Appears in 1 contract

Samples: CNL Hospitality Properties Inc

General Partnership Interest. A number of Partnership Units held by the General Partner Company equal to one percent (1%) of all outstanding Partnership Units (exclusive of the Convertible Unit) shall be deemed to be the General Partner Partnership Units and shall be the General Partnership Interest. All other Partnership Units held by the General Partner Company shall be deemed to be Limited Partnership Interests and shall be held by the General Partner in its capacity as a Limited Partner in the Partnership.

Appears in 1 contract

Samples: Beacon Capital Partners Inc

General Partnership Interest. A number of Partnership Common Units held by the General Partner Company equal to one percent (1%) of all outstanding Partnership Common Units shall be deemed to be the General Partner Partnership Units and shall be the General Partnership Interest. All other Partnership Units held by the General Partner Company shall be deemed to be Limited Partnership Interests and shall be held by the General Partner in its capacity as a Limited Partner in the Partnership.

Appears in 1 contract

Samples: Limited Partnership Agreement (Sabra Ohio, LLC)

General Partnership Interest. A number of Partnership Units held by ---------------------------- the General Partner Company equal to one percent (1%) of all outstanding Partnership Units shall be deemed to be the General Partner Partnership Units and shall be the General Partnership Interest. All other Partnership Units held by the General Partner Company shall be deemed to be Limited Partnership Interests and shall be held by the General Partner in its capacity as a Limited Partner in the Partnership.

Appears in 1 contract

Samples: Maryland Property Capital Trust Inc

General Partnership Interest. A number of Partnership Units held by the General Partner Company equal to one percent (1%) of all outstanding Partnership Units shall be deemed to be the General Partner Partnership Units and shall be the General Partnership Interest. All other Partnership Units held by the General Partner Company shall be deemed to be Limited Partnership Interests and shall be held by the General Partner in its capacity as a Limited Partner in the Partnership.

Appears in 1 contract

Samples: Beacon Capital Partners Inc

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