Common use of Title to Partnership Assets Clause in Contracts

Title to Partnership Assets. Title to Partnership assets, whether real, personal or mixed and whether tangible or intangible, shall be deemed to be owned by the Partnership as an entity, and no Partner, individually or collectively with other Partners or Persons, shall have any ownership interest in such Partnership assets or any portion thereof. Title to any or all of the Partnership assets may be held in the name of the Partnership, the General Partner, or one or more nominees, as the General Partner may determine, including Affiliates of the General Partner or the Special Limited Partner. The General Partner hereby declares and warrants that any Partnership assets for which legal title is held in the name of the General Partner, or any nominee or Affiliate of the General Partner or the Special Limited Partner shall be held by the General Partner or such nominee or Affiliate for the use and benefit of the Partnership in accordance with the provisions of this Agreement. All Partnership assets shall be recorded as the property of the Partnership in its books and records, irrespective of the name in which legal title to such Partnership assets is held.

Appears in 8 contracts

Samples: Agreement (Spirit Realty Capital, Inc.), Agreement (Spirit Realty Capital, Inc.), Agreement (Brixmor Property Group Inc.)

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Title to Partnership Assets. Title to Partnership assetsAssets, whether real, personal or mixed and whether tangible or intangible, shall be deemed to be owned by the Partnership as an entity, and no Partner, individually or collectively with other Partners or Persons, shall have any ownership interest in such Partnership assets Assets or any portion thereof. Title to any or all of the Partnership assets Assets may be held in the name of the Partnership, the General Partner, Partner or one or more nominees, as the General Partner may determine, including Affiliates of the General Partner or the Special Limited Partner. The General Partner hereby declares and warrants that any Partnership assets Assets for which legal title is held in the name of the General Partner, Partner or any nominee or Affiliate of the General Partner or the Special Limited Partner shall be deemed held by the General Partner or such nominee or Affiliate for the use and benefit of the Partnership in accordance with the provisions of this Agreement. All Partnership assets Assets shall be recorded as the property of the Partnership in on its books and records, irrespective of the name in which legal title to such Partnership assets Assets is held.

Appears in 4 contracts

Samples: Agreement (Aviv Reit, Inc.), Merger Agreement (Bellingham II Associates, L.L.C.), Aviv REIT, Inc.

Title to Partnership Assets. Title to Partnership assetsAssets, whether real, personal or mixed and whether tangible or intangible, shall be deemed to be owned by the Partnership as an entity, and no Partner, individually or collectively with other Partners or Persons, shall have any ownership interest in such Partnership assets Assets or any portion thereof. Title to any or all of the Partnership assets Assets may be held in the name of the Partnership, the a General Partner, Partner or one or more nominees, as the General Partner may determine, including Affiliates of the a General Partner or the Special Limited Partner. The Each General Partner hereby declares and warrants that any Partnership assets Assets for which legal title is held in the name of the such General Partner, Partner or any nominee or Affiliate of the such General Partner or the Special Limited Partner shall be deemed held by the such General Partner or such nominee or Affiliate for the use and benefit of the Partnership in accordance with the provisions of this Agreement. All Partnership assets Assets shall be recorded as the property of the Partnership in on its books and records, irrespective of the name in which legal title to such Partnership assets Assets is held.

Appears in 2 contracts

Samples: Hot Springs Cottages Owner, LLC, Omega Healthcare Investors Inc

Title to Partnership Assets. Title to Partnership assets, whether real, personal or mixed and whether tangible or intangible, shall be deemed to be owned by the Partnership as an entity, and no Partner, individually or collectively with other Partners or Persons, shall have any ownership interest in such Partnership assets or any portion thereof. Title to any or all of the Partnership assets may be held in the name of the Partnership, the General Partner, Partner or one or more nominees, as the General Partner may determine, including Affiliates of the General Partner or the Special Limited Partner(including VICI REIT). The General Partner hereby declares and warrants that any Partnership assets for which legal title is held in the name of the General Partner, Partner or any nominee or Affiliate of the General Partner or the Special Limited Partner shall be held by the General Partner or such nominee or Affiliate for the use and benefit of the Partnership in accordance with the provisions of this Agreement. All Partnership assets shall be recorded as the property of the Partnership in its books and records, irrespective of the name in which legal title to such Partnership assets is held.

Appears in 2 contracts

Samples: Agreement (Vici Properties Inc.), Vici Properties Inc.

Title to Partnership Assets. Title to Partnership assets, whether real, personal or mixed and whether tangible or intangible, shall be deemed to be owned by the Partnership as an entity, and no Partner, individually or collectively with other Partners or Persons, shall have any ownership interest in such Partnership assets or any portion thereof. Title to any or all of the Partnership assets may be held in the name of the Partnership, any Subsidiary of the Partnership, the General Partner, or one or more nominees, as the General Partner may determine, including Affiliates of the General Partner or the Special Limited Partner. The General Partner hereby declares and warrants that any Partnership assets for which legal title is held in the name of the General Partner, or any nominee or Affiliate of the General Partner or the Special Limited Partner shall be held by the General Partner or such nominee or Affiliate for the use and benefit of the Partnership in accordance with the provisions of this Agreement. All Partnership assets shall be recorded as the property of the Partnership in its books and records, irrespective of the name in which legal title to such Partnership assets is held.

Appears in 2 contracts

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

Title to Partnership Assets. Title to Partnership assetsAssets, whether real, personal personal, or mixed and whether or tangible or intangible, shall be deemed to be owned by the Partnership as an entity, and no PartnerPartner or Assignee, individually or collectively with other Partners or Personscollectively, shall have any ownership interest in such Partnership assets Assets or any portion thereof. Title to any or all of the Partnership assets Assets may be held in the name of the Partnership, of the Managing General Partner, or of one or more nominees, as the Managing General Partner may determine, including Affiliates of the General Partner or the Special Limited Partner. The Managing General Partner hereby declares and warrants that any Partnership assets Assets for which legal title is held in the name of the General Partner, or any nominee or Affiliate of the Managing General Partner or the Special Limited Partner shall be BE held in trust by the Managing General Partner or such nominee or Affiliate for the use and benefit of the Partnership in accordance with the terms or provisions of this Agreement. All Partnership assets Assets shall be recorded as the property of the Partnership in on its books and records, irrespective of the name in which legal title to such Partnership assets Assets is held.

Appears in 1 contract

Samples: U S Restaurant Properties Inc

Title to Partnership Assets. Title to Partnership assets, whether real, personal or mixed and whether tangible or intangible, shall be deemed to be owned by the Partnership (or a Subsidiary) as an entity, and no Partner, individually or collectively with other Partners or Persons, shall have any ownership interest in such Partnership assets or any portion thereof. Title to any or all of the Partnership assets may be held in the name of the Partnership, the General Partner, Partner or one or more nominees, as the General Partner may determine, including Affiliates of the General Partner or the Special Limited PartnerPartnership. The General Partner hereby declares and warrants that any Partnership assets for which legal title is held in the name of the General Partner, Partner or any nominee or Affiliate of the General Partner or the Special Limited Partner shall be held by the General Partner or such nominee or Affiliate for the use and benefit of the Partnership in accordance with the provisions of this Agreement. All Partnership assets shall be recorded as the property of the Partnership in its books and records, irrespective of the name in which legal title to such Partnership assets is held.

Appears in 1 contract

Samples: Agreement (Meruelo Maddux Properties, Inc.)

Title to Partnership Assets. Title to Partnership assets, whether real, personal or mixed and whether tangible or intangible, shall be deemed to be owned by the Partnership as an entity, and no Partner, individually or collectively with other Partners or Persons, shall have any ownership interest in such Partnership assets or any portion thereof. Title to any or all of the Partnership assets may be held in the name of the Partnership, the General Partner, Partner or one or more nominees, as the General Partner may determine, including Affiliates of the General Partner or the Special Limited Partner(including IMC REIT). The General Partner hereby declares and warrants that any Partnership assets for which legal title is held in the name of the General Partner, Partner or any nominee or Affiliate of the General Partner or the Special Limited Partner shall be held by the General Partner or such nominee or Affiliate for the use and benefit of the Partnership in accordance with the provisions of this Agreement. All Partnership assets shall be recorded as the property of the Partnership in its books and records, irrespective of the name in which legal title to such Partnership assets is held.

Appears in 1 contract

Samples: International Market Centers, Inc.

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Title to Partnership Assets. Title to Partnership assets, whether real, personal or mixed and whether tangible or intangible, shall be deemed to be owned by the Partnership as an entity, and no Partner, individually or collectively with other Partners or Persons, shall have any ownership interest in such Partnership assets or any portion thereof. Title to any or all of the Partnership assets may be held in the name of the Partnership, the General Partner, Partner or one or more nominees, as the General Partner may determine, including Affiliates of the General Partner or the Special Limited Partner. The General Partner hereby declares and warrants that any Partnership assets for which legal title is held in the name of the General Partner, Partner or any nominee or Affiliate of the General Partner or the Special Limited Partner shall be held by the General Partner or such nominee or Affiliate for the use and benefit of the Partnership in accordance with the provisions of this AgreementSection 7.05 hereof. All Except as provided in Section 7.05 hereof, all Partnership assets shall be recorded as the property of the Partnership in its books and records, irrespective of the name in which legal title to such Partnership assets is held.

Appears in 1 contract

Samples: Schottenstein Realty Trust, Inc.

Title to Partnership Assets. Title to Partnership --------------------------- assets, whether real, personal or mixed and whether tangible or intangible, shall be deemed to be owned by the Partnership as an entity, and no PartnerPartner , individually or collectively with other Partners Partners, Investors or Persons, shall have any ownership interest in such Partnership assets or any portion thereof. Title to any or all of the Partnership assets may be held in the name of the Partnership, the Managing General Partner, Partner or one or more nominees, as the Managing General Partner may determine, including Affiliates of the Managing General Partner or the Special Limited Partner. The Managing General Partner hereby declares and warrants that any Partnership assets for which legal title is held in the name of the Managing General Partner, Partner or any nominee or Affiliate of the Managing General Partner or the Special Limited Partner shall be held by the Managing General Partner or such nominee or Affiliate for the use and benefit of the Partnership in accordance with the provisions of this Agreement. All Partnership assets shall be recorded as the property of the Partnership in its books and records, irrespective of the name in which legal title to such Partnership assets is held.

Appears in 1 contract

Samples: Westfield America Inc

Title to Partnership Assets. Title to Partnership assets, whether real, personal or mixed and whether tangible or intangible, shall be deemed to be owned by the Partnership as an entity, and no Partner, individually or collectively with other Partners or Persons, shall have any ownership interest in such Partnership assets or any portion thereof. Title to any or all of the Partnership assets may be held in the name of the Partnership, the General Partner, or one or more nominees, as the General Partner may determine, including Affiliates of the General Partner or the Special Limited Partner. The General Partner hereby declares and warrants that any Partnership assets for which legal title is held in the name of the General Partner, or any nominee or Affiliate of the General Partner or the Special Limited Partner shall be held by the General Partner or such nominee or Affiliate for the use and benefit of the Partnership in accordance with the provisions of this Agreement. All Partnership assets shall be recorded as the property of the Partnership in its books and records, irrespective of the name in which legal title to such Partnership assets is held.

Appears in 1 contract

Samples: Agreement (Brixmor Operating Partnership LP)

Title to Partnership Assets. Title to All Partnership assets, whether real, personal or mixed and whether tangible or intangible, shall be deemed to be beneficially owned by the Partnership as an entity, and no Partner, individually or collectively with other Partners or Persons, shall have any ownership interest in such Partnership assets or any portion thereof. Title to any or all of the Partnership assets may be held in the name of the Partnership, the Managing General Partner, Partner or one or more nominees, as the Managing General Partner may determine, including Affiliates of the Managing General Partner or the Special Limited Partner. The Managing General Partner hereby declares and warrants that any Partnership assets for which legal title is held in the name of the Managing General Partner, Partner or any nominee or Affiliate of the Managing General Partner or the Special Limited Partner shall be held by the Managing General Partner or such nominee or Affiliate for the use and benefit of the Partnership in accordance with the provisions of this Agreement. All Partnership assets shall be recorded as the property of the Partnership in its books and records, irrespective of the name in which legal title to such Partnership assets is held.

Appears in 1 contract

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

Title to Partnership Assets. Title to Partnership assets, whether real, personal or mixed and whether mixed, tangible or intangible, shall be deemed to be owned by the Partnership as an entity, and no PartnerPartner or Assignee, individually or collectively with other Partners or Personscollectively, shall have any ownership interest in such Partnership assets or any portion thereof. Title to any or all of the Partnership assets may be held in the name of the Partnership, the General Partner, Partner or one or more nominees, whether pursuant to a lease, sub-lease or management agreement, or otherwise, as the General Partner may determine, including Affiliates of the General Partner or the Special Limited Partner. The General Partner hereby declares and warrants that any Partnership assets for which legal title is held in the name of the General Partner, Partner or any of the Transferors (or any nominee or Affiliate of the General Partner or the Special Limited Partner thereof) shall be held in trust by the General Partner or such nominee Transferor (or Affiliate such nominee), as the case may be, for the use and benefit of the Partnership in accordance with the terms or provisions of this Agreement. All Partnership assets shall be recorded as the property of the Partnership in on its books and records, irrespective of the name in which legal title to such Partnership assets is held.

Appears in 1 contract

Samples: FFP Real Estate Trust

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