Common use of Limited Partners Rights to Transfer Clause in Contracts

Limited Partners Rights to Transfer. A. Except as provided in Section 11.3(B), no Limited Partner shall transfer all or any portion of its Partnership Interest to any transferee without the approval of the Board of Directors; provided, however, that if a Limited Partner is subject to Incapacity, such Incapacitated Limited Partner may transfer all or any portion of its Partnership Interest.

Appears in 13 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.)

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Limited Partners Rights to Transfer. A. Except as provided in Section 11.3(B)11.3.B, no Limited Partner shall transfer Transfer all or any portion of its Partnership Interest to any transferee without the approval written consent of the Board of DirectorsGeneral Partner, which consent may be withheld in its sole and absolute discretion; provided, however, that the Company may not transfer any portion of its Limited Partnership Interest without the Consent of Partners holding a majority of the Percentage Interests of the Limited Partners; and provided, further, that if a Limited Partner is subject to Incapacity, such Incapacitated Limited Partner may transfer all or any portion of its Partnership Interest;.

Appears in 5 contracts

Samples: Limited Partnership Agreement (PennyMac Mortgage Investment Trust), Limited Partnership Agreement (Starwood Waypoint Residential Trust), Limited Partnership Agreement (PennyMac Mortgage Investment Trust)

Limited Partners Rights to Transfer. A. (a) Except as provided in Section 11.3(B11.3(b), no Limited Partner shall transfer Transfer all or any portion of its Partnership Interest to any transferee without the approval written consent of the Board of DirectorsGeneral Partner, which consent may be withheld in its sole and absolute discretion; provided, however, that if a Limited Partner is subject to Incapacity, such Incapacitated Limited Partner may transfer all or any portion of its Partnership Interest.

Appears in 5 contracts

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

Limited Partners Rights to Transfer. A. (a) Except as provided in Section 11.3(B11.3(b), no Limited Partner shall transfer all or any portion of its Partnership Interest to any transferee without the approval written consent of the Board of DirectorsGeneral Partner, which consent may be withheld in its sole and absolute discretion; provided, however, that if a Limited Partner is subject to Incapacity, such Incapacitated Limited Partner may transfer all or any portion of its Partnership Interest.

Appears in 3 contracts

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

Limited Partners Rights to Transfer. A. (a) Except as provided in Section 11.3(B11.3(b), no Limited Partner shall transfer all or any portion of its Partnership Interest to any transferee without the approval of the Partnership Board of DirectorsApproval, which consent may be withheld in their sole and absolute discretion; provided, however, that if a Limited Partner is subject to Incapacity, such Incapacitated Limited Partner may transfer all or any portion of its Partnership Interest.

Appears in 3 contracts

Samples: Limited Partnership Agreement (Nexpoint Diversified Real Estate Trust), Limited Partnership Agreement (Vinebrook Homes Trust, Inc.), Limited Partnership Agreement (Vinebrook Homes Trust, Inc.)

Limited Partners Rights to Transfer. A. L. Except as provided in Section 11.3(B)11.3.B, no Limited Partner shall transfer Transfer all or any portion of its Partnership Interest to any transferee without the approval written consent of the Board of DirectorsGeneral Partner, which consent may be withheld in its sole and absolute discretion; provided, however, that the Company may not transfer any portion of its Limited Partnership Interest without the Consent of Partners holding a majority of the Percentage Interests of the Limited Partners; and provided, further, that if a Limited Partner is subject to Incapacity, such Incapacitated Limited Partner may transfer all or any portion of its Partnership Interest;.

Appears in 2 contracts

Samples: Prior Agreement (Rouse Properties, Inc.), Prior Agreement (Rouse Properties, Inc.)

Limited Partners Rights to Transfer. A. (a) Except as provided in Section 11.3(B11.3(b), no Limited Partner shall transfer all or any portion of its Partnership Interest to any transferee without the approval written consent of the Board of Directors, which consent may be withheld in its sole and absolute discretion; provided, however, that if a Limited Partner is subject to Incapacity, such Incapacitated Limited Partner may transfer all or any portion of its Partnership Interest.

Appears in 2 contracts

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

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Limited Partners Rights to Transfer. A. Except as provided in Section 11.3(B)11.3.B, no Limited Partner shall transfer all or any portion of its Partnership Interest to any transferee without the approval written consent of the Board of DirectorsGeneral Partner, which consent may be withheld in its sole and absolute discretion; provided, however, that the Company may not transfer any portion of its Limited Partnership Interest without the Consent of Partners holding a majority of the Percentage Interests of the Limited Partners; and provided, further, that if a Limited Partner is subject to Incapacity, such Incapacitated Limited Partner may transfer all or any portion of its Partnership Interest.

Appears in 2 contracts

Samples: Limited Partnership Agreement (NexPoint Residential Trust, Inc.), Limited Partnership Agreement (NexPoint Residential Trust, Inc.)

Limited Partners Rights to Transfer. A. Except as provided in Section 11.3(B), no Limited Partner shall transfer all or any portion of its Partnership Interest to any transferee without the approval written consent of the Board of DirectorsGeneral Partner, which consent may be withheld in its sole and absolute discretion; provided, however, that if a Limited Partner is subject to Incapacity, such Incapacitated Limited Partner may transfer all or any portion of its Partnership Interest.

Appears in 1 contract

Samples: Limited Partnership Agreement (Nexpoint Diversified Real Estate Trust)

Limited Partners Rights to Transfer. A. (a) Except as provided in Section 11.3(B11.3(b), no Limited Partner shall transfer Transfer all or any portion of its Partnership Interest to any transferee without the approval written consent of the Board of DirectorsGeneral Partner, which consent may be withheld in its sole and absolute discretion; provided, however, that if a Limited Partner is subject to Incapacity, such Incapacitated Limited Partner may transfer all or any portion of its Partnership Interest.

Appears in 1 contract

Samples: Essential Properties Realty Trust, Inc.

Limited Partners Rights to Transfer. A. Except as provided in Section 11.3(B), no Limited Partner shall transfer all or any portion of its Partnership Interest to any transferee without the approval of the Board of Directors; provided, however, that if a Limited Partner is subject to Incapacity, such Incapacitated Limited Partner may transfer all or any portion of its Partnership Interest.. AmericasActive:14394763.5

Appears in 1 contract

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

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