Operating Partnership Agreement definition

Operating Partnership Agreement means the Amended and Restated Agreement of Limited Partnership of the Operating Partnership, as it may be amended, supplemented or restated from time to time.

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

Operating Partnership Agreement means the Amended and Restated Agreement of Limited Partnership of the Operating Partnership, dated as of November 12, 2012, among the Company, American Realty Capital Healthcare Special Limited Partnership, LLC and the Advisor, as the same may be amended from time to time.

Examples of Operating Partnership Agreement in a sentence

• If the Adviser is ordered to take any action by the Board, the Adviser shall seek to notify the Board if it is the Adviser’s reasonable judgment that such action would adversely and materially affect such status or violate any such law, rule or regulation or the Charter, Bylaws or Operating Partnership Agreement.

• In connection with the Exchange(s) effected on the Exchange Date, pursuant to the Operating Partnership Agreement, the Operating Partnership shall issue to NAV REIT a number of new Units equal to the number of canceled Units exchanged by such Qualifying Party.

• For the purposes of this Agreement, “Exchange” shall mean the NAV REIT Common Share Exchange, the CMCT Common Stock Exchange and the NAV REIT CMCT Exchange by a Qualifying Party or NAV REIT Common Shareholder, as applicable, for (a) cash, (b) CMCT Common Stock or NAV REIT Common Shares, as the case may be, or (c) any combination of the foregoing, in accordance with the Operating Partnership Agreement or the NAV REIT Governing Document, as applicable.

• Except as may be provided in the Operating Partnership Agreement or the NAV REIT Governing Document, neither this Agreement nor any of the rights or obligations hereunder shall be assigned by any of the parties hereto without the prior written consent of CMCT and NAV REIT.

• Pursuant to the Operating Partnership Agreement, on the CMCT Common Stock Exchange Date (or the NAV REIT Common Share Exchange Date, as applicable), a number of Units equal to the number of Units exchanged by the Qualifying Party with NAV REIT pursuant to Section 1.1(b) (whether or not actually delivered) in connection with the Exchanges effected on such Exchange Date shall be automatically canceled.

More Definitions of Operating Partnership Agreement

Operating Partnership Agreement means the agreement of limited partnership of any Operating Partnership that is a limited partnership, or any limited liability company agreement of any Operating Partnership that is a limited liability company that is treated as a partnership for federal income tax purposes, as such may be amended, supplemented or restated from time to time.

Operating Partnership Agreement means the Agreement of Limited Partnership of the Operating Partnership dated as of December 16, 2013.

Operating Partnership Agreement means the agreement among the Company, the Advisor and NorthStar OP Holdings, LLC.

Operating Partnership Agreement means the limited partnership agreement by and among the Company, the Sponsor and Rodin Income Trust OP Holdings, LLC, as amended.

Operating Partnership Agreement means the Amended and Restated Agreement of Limited Partnership of the Operating Partnership, as in effect on the Issue Date of a series of the Securities, and as the same may from time to time be amended, supplemented or otherwise modified in accordance with the terms thereof, or any successor to such agreement.

Operating Partnership Agreement means the Limited Partnership Agreement of the Operating Partnership.

Operating Partnership Agreement means the agreement of limited partnership of the Operating Partnership, as amended and restated and in effect immediately prior to the Closing.