Common use of Xxxxx Oxford Operating Agreement Clause in Contracts

Xxxxx Oxford Operating Agreement. The Company shall deliver to such Purchaser executed counterparts of the limited partnership agreement of Xxxxx Oxford, which shall permit the Collateral Agent or a purchaser at a foreclosure sale to, pursuant to the remedies available to each such Person under the Pledge Agreement, be admitted to Xxxxx Oxford as a partner during an Event of Default hereunder.

Appears in 5 contracts

Samples: Mezzanine Note Agreement (Apartment Income REIT Corp.), Mezzanine Note Agreement (Aimco OP L.P.), Mezzanine Note Agreement (Apartment Income REIT Corp.)

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