Common use of Minimum Transfer Restriction Clause in Contracts

Minimum Transfer Restriction. Any Transferring Partner must Transfer not less than the lesser of (i) five hundred (500) Partnership Units or (ii) all of the remaining Partnership Units owned by such Transferring Partner, without, in each case, the Consent of the General Partner; provided, however, that, for purposes of determining compliance with the foregoing restriction, all Partnership Units owned by Affiliates of a Limited Partner shall be considered to be owned by such Limited Partner.

Appears in 22 contracts

Samples: Agreement (Rexford Industrial Realty, Inc.), Agreement (Parking REIT, Inc.), Agreement (Brixmor Operating Partnership LP)

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Minimum Transfer Restriction. Any Transferring Partner must Transfer not less than the lesser of (i) five hundred (500) Partnership Units or (ii) all of the remaining Partnership Units owned by such Transferring Partner, withoutunless, in each case, the Consent of otherwise agreed to by the General Partner; provided, however, that, for purposes of determining compliance with the foregoing restriction, all Partnership Units owned by Affiliates of a Limited Partner shall be considered to be owned by such Limited Partner.

Appears in 15 contracts

Samples: Workspace Property Trust, Assignment Agreement (American Assets Trust, Inc.), Op Sub Contribution Agreement (American Assets Trust, Inc.)

Minimum Transfer Restriction. Any Transferring Partner must Transfer not less than the lesser of (i) five hundred (500) Partnership Units or (ii) all of the remaining Partnership Units owned by such Transferring Partner, withoutunless, in each case, the Consent of otherwise agreed to by the General PartnerPartner in its sole and absolute discretion; provided, however, that, for purposes of determining compliance with the foregoing restriction, all Partnership Units owned by Affiliates of a Limited Partner shall be considered to be owned by such Limited Partner.

Appears in 14 contracts

Samples: Agreement (Phillips Edison & Company, Inc.), Contribution Agreement (Phillips Edison Grocery Center Reit I, Inc.), Contribution Agreement (Phillips Edison Grocery Center Reit I, Inc.)

Minimum Transfer Restriction. Any Transferring Partner must Transfer not less than the lesser of (i) the greater of five hundred (500) Partnership Units or one-third (1/3) of the number of Partnership Units owned by such Partner as of the Effective Date or (ii) all of the remaining Partnership Units owned by such Transferring Partner, without, in each case, the Consent of the General Partner; provided, however, that, for purposes of determining compliance with the foregoing restriction, all Partnership Units owned by Affiliates of a Limited Partner shall be considered to be owned by such Limited Partner.

Appears in 14 contracts

Samples: Agreement (Aimco OP L.P.), Aimco OP L.P., Aimco Properties L.P.

Minimum Transfer Restriction. Any Transferring Partner must Transfer not less than the lesser of (i) five hundred (500) Partnership Units or (ii) all of the remaining Partnership Units owned by such Transferring Partner, without, in each case, the Consent of the General Partner; provided, however, that, for purposes of determining compliance with the foregoing restriction, all Partnership Units owned by Affiliates of a Limited Partner shall be considered to be owned by such Limited Partner.

Appears in 7 contracts

Samples: CyrusOne Inc., Avenue N Holdings LLC, CareTrust REIT, Inc.

Minimum Transfer Restriction. Any Transferring Limited Partner must Transfer not less than the lesser of (i) five hundred (500) Partnership Units or (ii) all of the remaining Partnership Units owned by such Transferring Limited Partner, withoutunless, in each case, otherwise agreed to by the Consent of the Managing General PartnerPartner in its sole and absolute discretion; provided, however, that, for purposes of determining compliance with the foregoing restriction, all Partnership Units owned by Affiliates of a Limited Partner shall be considered to be owned by such Limited Partner.

Appears in 6 contracts

Samples: Contribution Agreement (Welsh Property Trust, Inc.), Contribution Agreement (Welsh Property Trust, Inc.), Contribution Agreement (Welsh Property Trust, Inc.)

Minimum Transfer Restriction. Any Subject to the provisions of this Section 11, any Transferring Partner must Transfer not less than the lesser of (i) five hundred (500) Partnership Units or (ii) all of the remaining Partnership Units owned by such Transferring Partner, without, in each case, the Consent of the General Partner; provided, however, that, for purposes of determining compliance with the foregoing restriction, all Partnership Units owned by Affiliates of a Limited Partner shall be considered to be owned by such Limited Partner.

Appears in 6 contracts

Samples: Contribution Agreement (City Office REIT, Inc.), Contribution Agreement (City Office REIT, Inc.), City Office REIT, Inc.

Minimum Transfer Restriction. Any Transferring Partner must Transfer not less than the lesser of (i) five hundred one thousand (5001,000) Partnership Units or (ii) all of the remaining Partnership Units owned by such Transferring Partner, without, in each case, the Consent of the General Partner; provided, however, that, for purposes of determining compliance with the foregoing restriction, all Partnership Units owned by Affiliates of a Limited Partner shall be considered to be owned by such Limited Partner.

Appears in 4 contracts

Samples: NorthStar Realty Europe Corp., NorthStar Realty Europe Corp., NorthStar Asset Management Group Inc.

Minimum Transfer Restriction. Any Transferring Partner must Transfer not less than the lesser of (i) five hundred [·] (500[·]) Partnership Units (as adjusted for any unit split, unit distribution, reverse unit split, reclassification or similar event, in each case with such adjustment being determined by the General Partner) or (ii) all of the remaining Partnership Units owned by such Transferring Partner, without, in each case, the Consent of the General Partner; provided, however, that, for purposes of determining compliance with the foregoing restriction, all Partnership Units owned by Affiliates of a Limited Partner shall be considered to be owned by such Limited Partner.

Appears in 3 contracts

Samples: Moelis & Co, Moelis & Co, Moelis & Co

Minimum Transfer Restriction. Any Transferring Partner must Transfer not less than the lesser of (iA) five hundred (500) Partnership Units or (iiB) all of the remaining Partnership Units owned by such Transferring Partner, without, in each case, the Consent of the General Partner; provided, however, that, for purposes of determining compliance with the foregoing restriction, all Partnership Units owned by Affiliates of a Limited Partner shall be considered to be owned by such Limited Partner.

Appears in 2 contracts

Samples: ​ Agreement (Indus Realty Trust, Inc.), Orion Office REIT Inc.

Minimum Transfer Restriction. Any Transferring Partner must may Transfer not less than the lesser of (i) five hundred one thousand (5001,000) Partnership Units or (ii) all of the remaining Partnership Units owned by such Transferring Partner, without, in each case, the Consent of the General Partner; provided, however, that, for purposes of determining compliance with the foregoing restriction, all Partnership Units owned by Affiliates of a Limited Partner shall be considered to be owned by such Limited Partner.

Appears in 2 contracts

Samples: Invitation Homes Inc., Invitation Homes Inc.

Minimum Transfer Restriction. Any Transferring Partner must Transfer not less than the lesser of of: (ia) five hundred one thousand (5001,000) Partnership Units Units; or (iib) all of the remaining Partnership Units owned by such Transferring Partner, without, in each case, the Consent of the General Partner; provided, however, that, for purposes of determining compliance with the foregoing restriction, all Partnership Units owned by Affiliates of a Limited Partner shall be considered to be owned by such Limited Partner.

Appears in 2 contracts

Samples: Agreement (Federal Realty OP LP), Agreement (Federal Realty OP LP)

Minimum Transfer Restriction. Any Transferring Partner must Transfer not less than the lesser of (i) five hundred thousand (5005,000) Partnership Units (or such lesser number as to which the General Partner has consented in writing) or (ii) all of the remaining Partnership Units owned by such Transferring Partner, without, in each case, the Consent of the General Partner; provided, however, that, for purposes of determining compliance with the foregoing restriction, all Partnership Units owned by Affiliates of a Limited Partner shall be considered to be owned by such Limited Partner.

Appears in 2 contracts

Samples: New Plan Excel Realty Trust Inc, Excel Realty Trust Inc

Minimum Transfer Restriction. Any Transferring Partner must Transfer not less than the lesser of (i) five hundred (500) Partnership Units or (ii) all of the remaining Partnership Units owned by such Transferring Partner, withoutunless, in each case, otherwise agreed to by the Consent of the Managing General PartnerPartner in its sole and absolute discretion; provided, however, that, for purposes of determining compliance with the foregoing restriction, all Partnership Units owned by Affiliates of a Limited Partner shall be considered to be owned by such Limited Partner.

Appears in 2 contracts

Samples: Hartman Short Term Income Properties XX, Inc., Douglas Emmett Inc

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Minimum Transfer Restriction. Any Transferring Partner must Transfer not less than the lesser of (i) five hundred (500) Partnership Units or (ii) all of the remaining Partnership Units owned by such Transferring Partner, without, in each case, the Consent of the General Partner; provided, however, however that, for purposes of determining compliance with the foregoing restriction, all Partnership Units owned by Affiliates of a Limited Partner shall be considered to be owned by such Limited Partner.

Appears in 2 contracts

Samples: Support Agreement (Mobile Infrastructure Corp), Agreement (Mobile Infrastructure Corp)

Minimum Transfer Restriction. Any Transferring Partner must Transfer not less than the lesser of (i) the greater of five hundred (500) Partnership Units or one-third (1/3) of the number of Partnership Units owned by such Partner as of the Effective Date or (ii) all of the remaining Partnership Units 56 owned by such Transferring Partner, without, in each case, the Consent of the General Partner; provided, however, that, for purposes of determining compliance with the foregoing restriction, all Partnership Units owned by Affiliates of a Limited Partner shall be considered to be owned by such Limited Partner.

Appears in 2 contracts

Samples: Aimco Properties Lp, Aimco Properties Lp

Minimum Transfer Restriction. Any Transferring Partner must ---------------------------- Transfer not less than the lesser of (i) five hundred (500) Partnership Units or (ii) all of the remaining Partnership Units owned by such Transferring Partner, without, in each case, the Consent of the General Partner; provided, however, that, for purposes of determining -------- ------- compliance with the foregoing restriction, all Partnership Units owned by Affiliates of a Limited Partner shall be considered to be owned by such Limited Partner.

Appears in 2 contracts

Samples: Westfield America Inc, Westfield America Inc

Minimum Transfer Restriction. Any Transferring Partner must Transfer not less than the lesser of (i) the greater of five hundred (500) Partnership Units or one-third (1/3) of the number of Partnership Units owned by such Partner as of the Effective Date or (ii) all of the remaining Partnership Units owned by such Transferring Partner, without, in each case, the Consent of the General Partner; provided, however, that, for purposes of determining compliance with the foregoing restriction, all Partnership Units owned by Affiliates of a Limited Partner shall be considered to be owned by such Limited Partner.Units

Appears in 1 contract

Samples: Apartment Investment & Management Co

Minimum Transfer Restriction. Any Transferring Partner must Transfer not less than the lesser of (i) five hundred (500) Partnership Units or (ii) all of the remaining Partnership Units owned by such Transferring Partner, without, in each case, the Consent of the General Partner; provided, however, that, for purposes of determining compliance with the foregoing restriction, all Partnership Units owned by Affiliates of a Limited Partner shall be considered to be owned by such Limited Partner.. (4)

Appears in 1 contract

Samples: Agreement (Price Reit Inc)

Minimum Transfer Restriction. Any A Transferring Partner must may not Transfer not less than the lesser of (i) five hundred (500) Partnership Units or (ii) all of the remaining Partnership Units then owned by such Transferring Partner without the consent of the Managing General Partner, without, which may be withheld in each case, the Consent of the General Partnerits sole discretion; provided, however, that, for purposes of determining compliance with the foregoing restriction, all Partnership Units owned by Affiliates of a Limited Partner shall be considered to be owned by such Limited Partner.

Appears in 1 contract

Samples: Limited Partnership Agreement (Five Point Holdings, LLC)

Minimum Transfer Restriction. Any Transferring Partner must Transfer not less than the lesser of (i) five hundred (500) Partnership Units or (ii) all of the remaining Partnership Units owned by such Transferring Partner, without, in each case, the Consent consent of the General Partner; provided, however, that, for purposes of determining compliance with the foregoing restriction, all Partnership Units owned by Affiliates of a Limited Partner shall be considered to be owned by such Limited Partner.

Appears in 1 contract

Samples: International Market Centers, Inc.

Minimum Transfer Restriction. Any Transferring Partner must ---------------------------- Transfer not less than the lesser of (iA) the greater of five hundred thousand (5005,000) Partnership Units (or such lesser number as to which the General Partner has consented in writing) or one-third (1/3) of the number of Partnership Units owned by such Transferring Partner as of the Effective Date or (iiB) all of the remaining Partnership Units owned by such Transferring Partner, without, in each case, the Consent of the General Partner; ;. provided, however, that, for purposes of determining compliance with the foregoing restriction, all Partnership Units owned by Affiliates of a Limited Partner shall be considered to be owned by such the Limited Partner.

Appears in 1 contract

Samples: Registration Rights Agreement (Prologis Trust)

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