Common use of Partnership Consent Clause in Contracts

Partnership Consent. As soon as practicable after the date hereof but no later than fifteen (15) days after the execution of this Contract, Seller shall prepare and file solicitation materials relating to the transaction contemplated hereby which materials shall take a vote of its limited partners to consider such matters. Seller shall, subject to the fiduciary duties of its general partner, make reasonable efforts to secure the Partnership Consent as promptly as practicable. Buyer will supply Seller with such information and reasonable assistance as Seller may request in connection therewith.

Appears in 3 contracts

Sources: Contract of Sale (American Storage Properties Lp), Contract of Sale (American Storage Properties Lp), Contract of Sale (American Storage Properties Lp)