Changes in General Partner. 7.1 Transfer of the General Partner’s Partnership Interest.
Changes in General Partner. 27 7.1 Transfer of the General Partner’s Partnership Interest 27 7.2 Admission of a Substitute or Additional General Partner 29 7.3 Effect of Bankruptcy, Withdrawal, Death or Dissolution of a General Partner 29 7.4 Removal of a General Partner 30
Changes in General Partner. 7.1 Transfer of the General Partner’s Units.
Changes in General Partner. 18 7.1 Transfer Of The General Partner's Partnership Interest............................................... 18 7.2 Admission Of A Substitute Or Additional General Partner.............................................. 19 7.3 Effect Of Bankruptcy, Withdrawal, Death Or Dissolution Of A General Partner.......................... 20 7.4 Removal Of A General Partner......................................................................... 20 ARTICLE 8
Changes in General Partner. 33 7.1 Transfer of the General Partner’s Partnership Units 33 7.2 Admission of a Substitute or Additional General Partner 33
Changes in General Partner. 28 7.1 Transfer of the General Partner’s Partnership Interest 28 7.2 Admission of a Substitute or Additional General Partner 30 7.3 Effect of Bankruptcy, Withdrawal, Death or Dissolution of a General Partner 31 7.4 Removal of a General Partner 31 ARTICLE 8 RIGHTS AND OBLIGATIONS OF THE LIMITED PARTNERS 32 8.1 Management of the Partnership 32 8.2 Power of Attorney 32 8.3 Limitation on Liability of Limited Partners 32 8.4 Exchange Right 32 ARTICLE 9 TRANSFERS OF LIMITED PARTNERSHIP INTERESTS 34 9.1 Purchase for Investment 34 9.2 Restrictions on Transfer of Limited Partnership Interests 34 9.3 Admission of Substitute Limited Partner 35 9.4 Rights of Assignees of Partnership Interests 36 9.5 Effect of Bankruptcy, Death, Incompetence or Termination of a Limited Partner 37 9.6 Joint Ownership of Interests 37 9.7 Redemption of Partnership Units 37 ARTICLE 10 BOOKS AND RECORDS; ACCOUNTING; TAX MATTERS 37 10.1 Books and Records 37 10.2 Custody of Partnership Funds; Bank Accounts 37 10.3 Fiscal and Taxable Year 38 10.4 Annual Tax Information and Report 38 10.5 Tax Matters Partner; Tax Elections; Special Basis Adjustments 38 10.6 Reports Made Available to Limited Partners 38 ARTICLE 11 AMENDMENT OF AGREEMENT; MERGER 39 ARTICLE 12 GENERAL PROVISIONS 39 12.1 Notices 39 12.2 Survival of Rights 39 12.3 Additional Documents 40 12.4 Severability 40 12.5 Entire Agreement 40 12.6 Pronouns and Plurals 40 12.7 Headings 40 12.8 Counterparts 40 12.9 Governing Law 40 EXHIBITA GENERAL PARTNER AND ORIGINAL LIMITED PARTNER, CAPITAL CONTRIBUTIONS AND PERCENTAGE INTERESTS 42 EXHIBIT B NOTICE OF EXERCISE OF EXCHANGE RIGHT 43 FIRST AMENDED AND RESTATED LIMITED PARTNERSHIP AGREEMENT OF STRATEGIC STORAGE OPERATING PARTNERSHIP IV, L.P. Strategic Storage Operating Partnership IV, L.P. (the “Partnership”) was formed as a limited partnership under the laws of the State of Delaware, pursuant to a Certificate of Limited Partnership filed with the Office of the Secretary of State of the State of Delaware on June 2, 2016. This First Amended and Restated Limited Partnership Agreement (“Agreement”) is entered into effective as of , 2017, among Strategic Storage Trust IV, Inc., a Maryland corporation (the “General Partner”), the Original Limited Partner and the Special Limited Partner set forth on Exhibit A hereto, and the Limited Partners party hereto from time to time. Capitalized terms used herein but not otherwise defined shall have the meanings given them in Article 1.
Changes in General Partner. 26 7.01 TRANSFER OF THE GENERAL PARTNER'S PARTNERSHIP INTEREST...................... 26 7.02 ADMISSION OF A SUBSTITUTE OR ADDITIONAL GENERAL PARTNER..................... 28
Changes in General Partner. 7.01. Withdrawal of a General Partner
Changes in General Partner. 32 7.1 Transfer of the General Partner’s Partnership Units 32 7.2 Admission of a Substitute or Additional General Partner 33 7.3 Effect of Bankruptcy, Withdrawal, Death or Dissolution of a General Partner 33 7.4 Removal of a General Partner 33 ARTICLE 8 RIGHTS AND OBLIGATIONS OF THE LIMITED PARTNERS 34 8.1 Management of the Partnership 34 8.2 Power of Attorney 34 8.3 Limitation on Liability of Limited Partners 35 8.4 Ownership by Limited Partner of Corporate General Partner or Affiliate 35 8.5 Limited Partner Right of Redemption 35 8.6 Redemption of Special Limited Partnership Units 37 ARTICLE 9 TRANSFERS OF LIMITED PARTNERSHIP UNITS 38 9.1 Purchase for Investment 38 9.2 Restrictions on Transfer of Limited Partnership Units 38 9.3 Admission of Substitute Limited Partner 39 9.4 Rights of Assignees of Partnership Units 40 9.5 Effect of Bankruptcy, Death, Incompetence or Termination of a Limited Partner 41 9.6 Joint Ownership of Units 41
Changes in General Partner. 7.01. TRANSFER OF THE GENERAL PARTNER'S PARTNERSHIP INTEREST. (a)THE GENERAL PARTNER SHALL NOT TRANSFER ALL OR ANY PORTION OF ITS GENERAL PARTNERSHIP INTEREST OR WITHDRAW AS GENERAL PARTNER EXCEPT AS PROVIDED IN OR IN CONNECTION WITH A TRANSACTION CONTEMPLATED BY SECTION 7.01(c), (d) OR (e).
