DownREIT Partnership Agreement definition

DownREIT Partnership Agreement means that certain Second Amended and Restated Agreement of Limited Partnership of the DownREIT Partnership, dated as of May 19, 2003, as amended by that certain First Amendment to Second Amended and Restated Agreement of Limited Partnership of the DownREIT Partnership, dated as of December 7, 2004 (as amended from time to time and including any applicable partner schedules for the Existing Unit Holders).
DownREIT Partnership Agreement means that certain Second Amended and Restated Agreement of Limited Partnership of University Towers Operating Partnership, LP, dated as of July 1, 2013, as such agreement may be amended from to time.

Examples of DownREIT Partnership Agreement in a sentence

  • The DownREIT Partnership Units issued to the UDR Partners (as such term is defined in the DownREIT Partnership Agreement) upon the Contribution Settlement in consideration of the contribution of the UDR Contribution Properties shall be valued at the Per-Unit Value.

  • The Parties acknowledge that the issuance of DownREIT Partnership Units to Contributor shall be evidenced by either an amendment to Exhibit A to the DownREIT Partnership Agreement or joinder (the “Amendment”) or by certificates relating to such DownREIT Partnership Units (“DownREIT Partnership Unit Certificates”), as determined by DownREIT Partnership in its sole discretion.

  • Distributions are made in accordance with the terms of the DownREIT Partnership Agreement first on a per unit basis that is generally equal to the dividend per share on UDR’s common stock, which is publicly traded on the New York Stock Exchange (“NYSE”) under the ticker symbol “UDR” and secondly, 99% to UDR and 1% to the outside partners.

  • UDR, as the general partner of the DownREIT Partnership, may, in its sole discretion, purchase the DownREIT Units by paying to the limited partner either the Cash Amount or the REIT Share Amount (generally one share of common stock of UDR for each DownREIT Unit), as defined in the DownREIT Partnership Agreement.

  • Neither the Company nor the DownREIT Partnership is in default or violation (and no event has occurred which, with notice or the lapse of time or both, would constitute a default or violation) of any term, condition or provision of the Company Charter or Company Bylaws, the DownREIT Partnership Agreement or the certificate of limited partnership of the DownREIT Partnership, respectively.

  • Subject to the terms of the DownREIT Partnership Agreement, the limited partners have the right to require the DownREIT Partnership to redeem all or a portion of the DownREIT Units held by the limited partner at a redemption price equal to and in the form of the Cash Amount (as defined in the DownREIT Partnership Agreement), provided that such DownREIT Units have been outstanding for at least one year.

  • The Queensland Ambulance Service reserves the right to require any Employee claiming sick pay or in receipt of Workers' Compensation pay to be examined by a doctor nominated by the Queensland Ambulance Service.

  • The Partnership Agreement shall be substantially in the form of EXHIBIT B to this Agreement (Form of DownREIT Partnership Agreement).

  • Transverse lashing angles to the deck should not be greater than 60° and it is important that adequate friction is provided by the use of suitable material.

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Related to DownREIT Partnership Agreement

  • MLP Partnership Agreement means the Amended and Restated Agreement of Limited Partnership of the MLP, as amended or restated from time to time.

  • Borrower Partnership Agreement means the Limited Partnership Agreement of the Borrower dated as of January 17, 2014 as such agreement may be amended, restated, modified or supplemented from time to time with the consent of the Administrative Agent or as permitted under Section 10.10.

  • Operating Partnership Agreement means the Limited Partnership Agreement of the Operating Partnership, as amended from time to time.

  • Limited Partnership Agreement means the Amended and Restated Agreement of Limited Partnership of the Partnership dated as of March 1, 2017, as amended, supplemented or restated from time to time.

  • Original Partnership Agreement has the meaning set forth in the recitals to this Agreement.

  • Public-private partnership agreement means an agreement

  • Partnership Agreement means the Amended and Restated Agreement of Limited Partnership of the Partnership, dated as of May 28, 2014, as amended, restated and supplemented from time to time hereafter.

  • Partnership Agreements means the partnership agreements together with all agreements, certificates and other documents provided to and approved by Lender and which govern the existence, operation and ownership of the Partnerships.

  • GP means Gottbetter & Partners, LLP.

  • General partnership means an organization formed under chapters 45-13 through 45-21.

  • General Partnership Interest means a Partnership Interest held by the General Partner that is a general partnership interest.

  • Limited Partnership Interest means the ownership interest of a Limited Partner in the Partnership at any particular time, including the right of such Limited Partner to any and all benefits to which such Limited Partner may be entitled as provided in this Agreement and in the Act, together with the obligations of such Limited Partner to comply with all the provisions of this Agreement and of the Act.

  • Pledged Partnership Agreements means all of each Grantor’s rights, powers, and remedies under the partnership agreements of each of the Pledged Companies that are partnerships.

  • MLP has the meaning given such term in the introduction to this Agreement.

  • Membership Agreement means the agreement between the Foundation and each Member regarding each such Member’s rights and obligations as a Member.

  • Holdings LLC Agreement means the Amended and Restated Limited Liability Company Agreement of Holdings dated as of the Closing Date.

  • Limited partnership means a limited partnership registered or formed under any law in force in Singapore or elsewhere;

  • LLC Agreement has the meaning set forth in the recitals.

  • MLP Agreement means the First Amended and Restated Agreement of Limited Partnership of the MLP, as it may be amended, restated, supplemented or otherwise modified from time to time.

  • Company LLC Agreement means the Second Amended and Restated Limited Liability Company Agreement of the Company, dated as of May 25, 2011, as amended from time to time.

  • Foreign limited partnership means a partnership formed under laws other than of this state and having as partners one or more general partners and one or more limited partners.

  • Operating Partnership has the meaning set forth in the preamble.

  • Partnership Subsidiary means Host LP and any partnership, limited liability company, or other entity treated as a partnership for federal income tax purposes or disregarded as a separate entity for federal income tax purposes in which either Host REIT or Host LP owns (or owned on or after January 1, 1999) an interest, either directly or through one or more other partnerships, limited liability companies or other entities treated as a partnership for federal income tax purposes or disregarded as a separate entity for federal income tax purposes (whether or not Host REIT or Host LP has a controlling interest in, or otherwise has the ability to control or direct the operation of, such entity). Notwithstanding the foregoing, the term “Partnership Subsidiary” shall not in any way be deemed to include the Non-Controlled Subsidiaries or subsidiaries thereof, the Taxable REIT Subsidiaries or subsidiaries thereof, or the Subsidiary REITs or subsidiaries thereof.

  • Existing LLC Agreement is defined in the recitals to this Agreement.

  • Operating Agreement means this Operating Agreement as originally executed and as amended from time to time.

  • MLP GP means any general partner of any MLP and any general partner of the general partner of any MLP.