Common use of Restrictions on Ownership Clause in Contracts

Restrictions on Ownership. The Class D OP Preferred Units shall be owned and held solely by the General Partner but may be transferred to a successor General Partner.

Appears in 3 contracts

Samples: Merger Agreement (Kramont Realty Trust), Employment Agreement (Kranzco Realty Trust), Employment Agreement (Cv Reit Inc)

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Restrictions on Ownership. The Class D B-1 OP Preferred Units shall be owned and held solely by the General Partner but may be transferred to a successor General Partner.

Appears in 3 contracts

Samples: Merger Agreement (Kramont Realty Trust), Employment Agreement (Kranzco Realty Trust), Employment Agreement (Cv Reit Inc)

Restrictions on Ownership. The Class D A OP Preferred Units shall be owned and held solely by the General Partner but may be transferred to a successor General Partner.

Appears in 3 contracts

Samples: Merger Agreement (Kramont Realty Trust), Employment Agreement (Kranzco Realty Trust), Employment Agreement (Cv Reit Inc)

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Restrictions on Ownership. The Class D B-2 OP Preferred Units shall be owned and held solely by the General Partner but may be transferred to a successor General Partner.

Appears in 2 contracts

Samples: Employment Agreement (Cv Reit Inc), Employment Agreement (Kranzco Realty Trust)

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