Partnership Rights. All of the following (collectively, the "Partnership Rights"), whether now or hereafter existing, which are owned by Debtor or in which Debtor otherwise has any rights:
Partnership Rights. Debtor has taken or concurrently herewith is taking all actions necessary to perfect Secured Party’s security interest in the Partnership Rights. No other Person has any such registration in effect. Debtor owns the interests in each Partnership which are described on Exhibit A. No Partnership has made any calls for capital which have not been fully paid by Debtor and by each other partner in such Partnership. Debtor is not in default under any of the Partnership Agreements, nor is any other partner in any Partnership. Neither the making of this Agreement nor the exercise of any rights or remedies of Secured Party hereunder will cause a default under any of the Partnership Agreements or otherwise adversely affect or diminish any of the Partnership Rights. Debtor’s rights under the Partnership Agreements are enforceable in accordance with their terms, except as such enforcement may be limited by bankruptcy, insolvency or similar laws of general application relating to the enforcement of creditors’ rights. The Partnership Rights are not evidenced by any certificates. The Partnership Rights (i) are not dealt in or traded on securities exchanges or in securities markets, (ii) do not expressly provided that they are a security governed by Article 8 of the UCC, and (iii) are not held in a securities account.
Partnership Rights. Debtor will maintain its ownership of the interests in each Partnership already defined as those partnerships listed on Exhibit A. Debtor will timely honor all calls under any Partnership Agreement to provide capital to any Partnership, and Debtor will not otherwise default in performing any of Debtor’s obligations under any Partnership Agreement or allow any Partnership Rights to be adversely affected or diminished. Debtor will promptly inform Secured Party of any such failure to honor a capital call, default, adverse effect, or diminution. Debtor will promptly inform Secured Party of any such failure to honor a capital call or default by another partner in any Partnership. The Partnership Rights shall at all times be duly authorized and validly issued and shall not be issued in violation of the pre emptive rights of any Person or of any agreement by which Debtor or the Partnership thereof is bound. Debtor will not allow the Partnership Rights (i) to be evidenced by certificates, (ii) to be dealt in or traded on securities exchanges or in securities markets, (iii) to be governed by Article 8 of the UCC, or (iv) to be placed in a securities account.
Partnership Rights. Neither the making of this Agreement nor the exercise of any rights or remedies of Secured Party hereunder will cause a default under any of the Partnership Agreements or otherwise adversely affect or diminish any of the Partnership Rights, subject to the consent requirements contained in the Partnership Agreements. From and after the conveyance to Debtor by Union Pacific of its interest in the Partnership pursuant to the Purchase and Sale Agreement, (i) Debtor will own the interests in the Partnership which are described on Exhibit A, (ii) Debtor will not be in default under the Partnership Agreements, and (iii) Debtor's rights under the Partnership Agreements will be enforceable in accordance with their terms, except as such enforcement may be limited by bankruptcy, insolvency or similar laws of general application relating to the enforcement of creditors' rights.
Partnership Rights. From and after the assignment to Debtor by Union Pacific of its rights in the Partnership pursuant to the Purchase and Sale Agreement: (i) Debtor will maintain its ownership of the interests in the Partnership, (ii) Debtor will timely honor all calls under any Partnership Agreement to provide capital to the Partnership, and (iii) Debtor will not otherwise default in performing any of its obligations under any Partnership Agreement or allow any Partnership Rights to be adversely affected or diminished. Debtor will promptly inform Secured Party of any such failure to honor a capital call, default, adverse effect, or diminution. Debtor will promptly inform Secured Party of any such failure to honor a capital call or default by another partner in the Partnership. The Partnership Rights shall at all times be duly authorized and validly issued and will not violate any agreement by which Debtor or the Partnership is bound.
Partnership Rights. Notwithstanding anything to the contrary set forth herein, the Partnership shall have an absolute and continuing right to make non- structural, aesthetic, and/or cosmetic improvements, alterations, and additions to the Premises at anytime and at its own expense. With regard to structural improvements (i.e., permitted projects), such projects shall be provided by Partnership in writing to the TSA, which shall be subject to prior written approval by TSA. Partnership shall provide to TSA all requested plans and specifications for such structural improvements upon request and shall grant to TSA the right to inspect said construction at all reasonable times.
Partnership Rights. RAS1's franchise to be a limited partnership, its certificate of limited partnership, seal, and other partnership records having exclusively to do with the limited partnership organization and capitalization of RAS1. Buyer shall have reasonable access to such books and records and may make excerpts therefrom and copies thereof.
Partnership Rights. All of the following (collectively, the "Partnership Rights"), whether now or hereafter existing, which are owned by such Pledgor or in which such Pledgor otherwise has any rights:
Partnership Rights. Each Pledgor has taken or concurrently herewith is taking all actions necessary to perfect Secured Party's security interest in the Partnership Rights, including any registrations, filings or notices which may be necessary or advisable under Article 8 of the UCC as in effect in the state or states in which any Partnership was organized. No other Person has any such registration in effect. Pledgors own the interests in each Partnership which are described on Exhibit A. No Partnership has made any calls for capital which have not been fully paid by Pledgors and by each other partner in such Partnership. No Pledgor is in default under any of the Partnership Agreements, nor is any other partner in any Partnership. Neither the making of this Agreement nor the exercise of any rights or remedies of Secured Party hereunder will cause a default under any of the Partnership Agreements or otherwise adversely affect or diminish any of the Partnership Rights. Each Pledgor's rights under the Partnership Agreements are enforceable in accordance with their terms, except as such enforcement may be limited by bankruptcy, insolvency or similar laws of general application relating to the enforcement of creditors'
Partnership Rights. Each Pledgor will maintain its ownership of the interests in each Partnership. Each Pledgor will timely honor all calls under any Partnership Agreement to provide capital to any Partnership, and no Pledgor will otherwise default in performing any of such Pledgor's obligations under any Partnership Agreement or allow any Partnership Rights to be adversely affected or diminished. Each Pledgor will promptly inform Secured Party of any such failure to honor a capital call, default, adverse effect, or diminution. Each Pledgor will promptly inform Secured Party of any such failure to honor a capital call or default by another partner in any Partnership. The Partnership Rights shall at all times be duly authorized and validly issued and shall not be issued in violation of the pre-emptive rights of any Person or of any agreement by which any Pledgor or the Partnership thereof is bound.
