Limited Partners Rights to Transfer. A. Subject to the provisions of this Section 11.3 and Section 11.4, or in connection with the exercise of a Redemption Right pursuant to Section 8.5, a Limited Partner (other than the Company) may not transfer, all or any portion of its Partnership Interest, or any of such Limited Partner’s economic rights as a Limited Partner without the prior written consent of the General Partner, which consent may be given or withheld in the General Partner’s sole and absolute discretion. The General Partner may require, as a condition of any transfer to which it consents, that the transferor assume all costs incurred by the Partnership in connection therewith.
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Samples: Agreement (Cole Real Estate Income Strategy (Daily Nav), Inc.), Cole Real Estate Income Strategy (Daily Nav), Inc., Cole Real Estate Income Strategy (Daily Nav), Inc.
Limited Partners Rights to Transfer. A. Subject to the provisions of this Section 11.3 Sections 11.3.B, 11.3.D, 11.3.E, and Section 11.4, 11.4 or in connection with the exercise of a Redemption Right pursuant to Section 8.58.6, a Limited Partner (other than the Company) may not transfer, all or any portion of its Partnership Interest, or any of such Limited Partner’s economic rights as a Limited Partner without the prior written consent of the General Partner, which consent may be given or withheld in the General Partner’s sole and absolute discretion. The General Partner may require, as a condition of any transfer to which it consents, that the transferor assume all costs incurred by the Partnership in connection therewith.
Appears in 2 contracts
Samples: Agreement (DiamondRock Hospitality Co), Agreement (DiamondRock Hospitality Co)
Limited Partners Rights to Transfer. A. Subject to the provisions of this Section 11.3 and Section 11.411.3.F, or in connection with the exercise of a Redemption Right pursuant to Section 8.5, a no Limited Partner (other than shall have the Company) may not transfer, right to transfer all or any portion of its his Partnership Interest, or any of such Limited Partner’s economic 's rights as a Limited Partner Partner, without the prior written consent of the General Partner, which consent may be given or withheld in by the General Partner’s Partner in its sole and absolute discretion. The General Any purported transfer of a Partnership Interest by a Limited Partner may require, as a condition in violation of this Section 11.3.A shall be void ab initio and shall not be given effect for any transfer to which it consents, that the transferor assume all costs incurred purpose by the Partnership in connection therewithPartnership.
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Limited Partners Rights to Transfer. A. Subject to the provisions of this Section 11.3 and Section 11.411.3.F, or in connection with the exercise of a Redemption Right pursuant to Section 8.5, a no Limited Partner (other than shall have the Company) may not transfer, right to transfer all or any portion of its his Partnership Interest, or any of such Limited Partner’s economic 's rights as a Limited Partner Partner, without the prior written consent of the General Partner, which consent may be given or withheld in by the General Partner’s Partner in its sole and absolute discretion. The General Any purported transfer of a Partnership Interest by a Limited Partner may require, as a condition in violation of this Section 11.3.A shall be void ab initio and shall not be given effect for any transfer to which it consents, that the transferor assume all costs incurred -- ------ purpose by the Partnership in connection therewithPartnership.
Appears in 2 contracts
Samples: Cavanaughs Hospitality Corp, Cavanaughs Hospitality Corp
Limited Partners Rights to Transfer. A. Subject to the provisions of this Section 11.3 11.3.F and Section 11.411.7, or in connection with the exercise of a Redemption Right pursuant to Section 8.5, a no Limited Partner (other than shall have the Company) may not transfer, right to transfer all or any portion of its his Partnership Interest, or any of such Limited Partner’s economic 's rights as a Limited Partner Partner, without the prior written consent of the General Partner, which consent may be given or withheld in by the General Partner’s Partner in its sole and absolute discretion. The General Any purported transfer of a Partnership Interest by a Limited Partner may require, as a condition in violation of this Section 11.3.A shall be void AB INITIO and shall not be given effect for any transfer to which it consents, that the transferor assume all costs incurred purpose by the Partnership in connection therewithPartnership.
Appears in 1 contract
Samples: Capstar Hotel Co