Common use of Admission of Successor General Partner Clause in Contracts

Admission of Successor General Partner. A successor to all of the General Partner's General Partnership Interest pursuant to Section 11.2 hereof who is proposed and permitted to be admitted as a successor General Partner shall be admitted to the Partnership as the General Partner, effective upon such transfer. Any such transferee shall assume all of the General Partner's obligations under this Agreement and shall carry on the business of the Partnership without dissolution. In each case, the admission shall be subject to the successor General Partner executing and delivering to the Partnership an acceptance of all of the terms and conditions of this Agreement and such other documents or instruments as may be required to effect the admission.

Appears in 7 contracts

Samples: Agreement (Regency Realty Corp), Regency Centers Lp, Regency Realty Corp

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Admission of Successor General Partner. A successor to all of the General Partner's ’s General Partnership Partner Interest pursuant to Section 11.2 hereof who is proposed and permitted to be admitted as a successor General Partner shall be admitted to the Partnership as the General Partner, effective immediately upon such transferTransfer. Any such transferee shall assume all of the General Partner's obligations under this Agreement and successor shall carry on the business of the Partnership without dissolution. In each case, the admission shall be subject to the successor General Partner executing and delivering to the Partnership an acceptance instrument of all of the terms and conditions of joinder to this Agreement and such other documents or instruments as may be required to effect the admission.

Appears in 6 contracts

Samples: Agreement (Pacific Office Properties Trust, Inc.), Agreement (Pacific Office Properties Trust, Inc.), Agreement (Arizona Land Income Corp)

Admission of Successor General Partner. A successor to all of the General Partner's General Partnership Partner Interest pursuant to this Section 11.2 hereof IX who is proposed and permitted to be admitted as a successor General Partner shall be admitted to the Partnership as the General Partner, effective upon immediately prior to such transferTransfer. Any such transferee shall assume all of the General Partner's obligations under this Agreement and shall carry on the business of the Partnership without dissolution. In each case, the admission shall be subject to the successor General Partner executing and delivering to the Partnership an acceptance of all of the terms and conditions of this Agreement and such other documents or instruments as may be required to effect the admission.

Appears in 6 contracts

Samples: Limited Partnership Agreement (Metropolis Realty Trust Inc), Limited Partnership Agreement (Metropolis Realty Trust Inc), Partnership Agreement (Metropolis Realty Trust Inc)

Admission of Successor General Partner. A successor to all of the General Partner's General Partnership Interest pursuant to Section 11.2 hereof who is proposed and permitted to be admitted as a successor General Partner shall be admitted to the Partnership as the General Partner, effective upon such transfer. Any such transferee shall assume all of the General Partner's obligations under this Agreement and shall carry on the business of the Partnership without dissolution. In each case, the admission shall be subject to the successor General Partner executing and delivering to the Partnership an acceptance of all of the terms and conditions of this Agreement and such other documents or instruments as may be required to effect the admission.

Appears in 6 contracts

Samples: Baron Capital Trust, Hub Group Inc, Security Capital Atlantic Inc

Admission of Successor General Partner. A successor to all of the General Partner's General Partnership Partner Interest pursuant to Section 11.2 hereof who is proposed and permitted to be admitted as a successor General Partner shall be admitted to the Partnership as the General Partner, effective upon immediately prior to such transferTransfer. Any such transferee shall assume all of the General Partner's obligations under this Agreement and successor shall carry on the business of the Partnership without dissolution. In each case, the admission shall be subject to the successor General Partner executing and delivering to the Partnership an acceptance of all of the terms terms, conditions and conditions applicable obligations of this Agreement and such other documents or instruments as may be required to effect the admission.

Appears in 4 contracts

Samples: Registration Rights Agreement (Prologis Trust), Excel Realty Trust Inc, Excel Realty Trust Inc

Admission of Successor General Partner. A successor to all -------------------------------------- of the General Partner's General Partnership Interest pursuant to Section 11.2 ------------ hereof who is proposed and permitted to be admitted as a successor General Partner shall be admitted to the Partnership as the General Partner, effective upon such transfer. Any such transferee shall assume all of the General Partner's obligations under this Agreement and shall carry on the business of the Partnership without dissolution. In each case, the admission shall be subject to the successor General Partner executing and delivering to the Partnership an acceptance of all of the terms and conditions of this Agreement and such other documents or instruments as may be required to effect the admission.

Appears in 4 contracts

Samples: Agreement (Cabot Industrial Properties Lp), Agreement (Cabot Industrial Properties Lp), Contribution Agreement (Cabot Industrial Trust)

Admission of Successor General Partner. A successor to all of the General Partner's General Partnership Interest pursuant to Section 11.2 hereof this Article IX who is proposed and permitted to be admitted as a successor General Partner shall be admitted to the Partnership as the General Partner, effective upon immediately prior to such transferTransfer. Any such transferee shall assume all of the General Partner's obligations under this Agreement and shall carry on the business of the Partnership without dissolution. In each case, the admission shall be subject to the successor General Partner executing and delivering to the Partnership an acceptance of all of the terms and conditions of this Agreement and such other documents or instruments as may be required to effect the admission.

Appears in 4 contracts

Samples: Carlyle Real Estate LTD Partnership Xiii, JMB Manhattan Associates LTD, Metropolis Realty Trust Inc

Admission of Successor General Partner. A successor to all of the General Partner's ’s General Partnership Partner Interest pursuant to Section 11.2 hereof who is proposed and permitted to be admitted as a successor General Partner shall be admitted to the Partnership as the General Partner, effective upon such transfer. Any such transferee shall assume all of the General Partner's obligations under this Agreement and shall carry on the business of the Partnership without dissolution. In each case, the admission shall be subject to the successor General Partner executing and delivering to the Partnership an acceptance of all of the terms and conditions of this Agreement and such other documents or instruments as may be required to effect the admission.

Appears in 4 contracts

Samples: Limited Partnership Agreement (Tanger Properties LTD Partnership /Nc/), Limited Partnership Agreement (Tanger Properties LTD Partnership /Nc/), Limited Partnership Agreement (Tanger Properties LTD Partnership /Nc/)

Admission of Successor General Partner. A successor to all of the General Partner's General Partnership Partner Interest pursuant to Section 11.2 hereof who is proposed and permitted to be admitted as a successor General Partner, or who is a successor General Partner by operation of contract of law shall be admitted to the Partnership as the General Partner, effective upon such transfer. Any such transferee shall assume all of the General Partner's obligations under this Agreement and shall carry on the business of the Partnership without dissolution. In each case, the admission shall be subject to the successor General Partner executing and delivering to the Partnership an acceptance of all of the terms and conditions of this Agreement and such other documents or instruments as may be required to effect the admission.

Appears in 3 contracts

Samples: Gotham Golf Corp, Gotham Golf Corp, Gotham Golf Corp

Admission of Successor General Partner. A successor to all of the General Partner's ’s General Partnership Partner Interest pursuant to Section 11.2 hereof 11.02 who is proposed and permitted to be admitted as a successor General Partner shall be admitted to the Partnership as the General Partner, effective upon immediately prior to such transferTransfer. Any such transferee shall assume all of the General Partner's obligations under this Agreement and successor shall carry on the business of the Partnership without dissolution. In each case, the admission shall be subject to the successor General Partner executing and delivering to the Partnership an acceptance of all of the terms and conditions of this Agreement and such other documents or instruments as may be required to effect the admission.

Appears in 3 contracts

Samples: Ryman Hospitality Properties, Inc., Gladstone Commercial Corp, GLADSTONE LAND Corp

Admission of Successor General Partner. A successor to all of the General Partner's General Partnership Interest pursuant to Section 11.2 hereof who is proposed and permitted to be admitted as a successor General Partner shall be admitted to the Partnership as the General Partner, effective upon such transfer. Any such transferee shall assume all of the General Partner's obligations under this Agreement and shall carry on the business of the Partnership without dissolution. In each case, the admission shall be subject to the successor General Partner Partner's executing and delivering to the Partnership an acceptance of all of the terms and conditions of this Agreement and such other documents or instruments as may be required to effect the admission.

Appears in 2 contracts

Samples: Sl Green Realty Corp, Sl Green Realty Corp

Admission of Successor General Partner. A successor to all of the General Partner's ’s General Partnership Interest pursuant to Section 11.2 hereof who is proposed and permitted to be admitted as a successor General Partner shall be admitted to the Partnership as the General Partner, effective upon such transfer. Any such transferee shall assume all of the General Partner's obligations under this Agreement and shall carry on the business of the Partnership without dissolution. In each case, the admission shall be subject to the successor General Partner Partner’s executing and delivering to the Partnership an acceptance of all of the terms and conditions of this Agreement and such other documents or instruments as may be required to effect the admission.

Appears in 2 contracts

Samples: CBL & Associates Limited Partnership, CBL & Associates Limited Partnership

Admission of Successor General Partner. A successor to all of the General Partner's General Partnership Partner Interest pursuant to Section 11.2 11.1.C hereof who is proposed and permitted to be admitted as a successor General Partner shall be admitted to the Partnership as the General Partner, effective upon such transfer. Any such transferee shall assume all of the General Partner's obligations under this Agreement and shall carry on the business of the Partnership without dissolution. In each case, the admission shall be subject to the successor General Partner Partner's executing and delivering to the Partnership an acceptance of all of the terms and conditions of this Agreement and such other documents or instruments as may be reasonably required by the Limited Partners to effect the admission.

Appears in 2 contracts

Samples: American Industrial Properties Reit Inc, American Industrial Properties Reit Inc

Admission of Successor General Partner. A successor to all of -------------------------------------- the General Partner's General Partnership Interest pursuant to Section 11.2 ------------ hereof who is proposed and permitted to be admitted as a successor General Partner shall be admitted to the Partnership as the General Partner, effective upon such transfer. Any such transferee shall assume all of the General Partner's obligations under this Agreement and shall carry on the business of the Partnership without dissolution. In each case, the admission shall be subject to the successor General Partner executing and delivering to the Partnership an acceptance of all of the terms and conditions of this Agreement and such other documents or instruments as may be required to effect the admission.

Appears in 1 contract

Samples: Cabot Industrial Trust

Admission of Successor General Partner. A successor to any or all of the General Partner's General Partnership Interest pursuant to Section SECTION 11.2 hereof who is proposed and permitted to be admitted as a successor successor, General Partner or an additional general partner, as the case may be, shall be admitted to the Partnership as the General Partner, effective upon such transfer. Any such transferee shall assume all of the General Partner's obligations under this Agreement and shall carry on the business of the Partnership without dissolution. In each case, the admission shall be subject to the successor General Partner or additional general partner executing and delivering to the Partnership an acceptance of all of the terms and conditions of this Agreement and such other documents or instruments as may be required to effect the admission.

Appears in 1 contract

Samples: Rodamco North America N V

Admission of Successor General Partner. A successor to all of the General Partner's ’s General Partnership Partner Interest pursuant to Section 11.2 hereof who is proposed and permitted to be admitted as a successor General Partner shall be admitted to the Partnership as the General Partner, effective upon such transfer. Any such transferee shall assume all immediately prior to the withdrawal of the General Partner's obligations under this Agreement and . Any such successor shall carry on the business of the Partnership without dissolution. In each case, the admission shall be subject to the successor General Partner executing and delivering to the Partnership an acceptance of all of the terms and conditions of this Agreement and such other documents or instruments as may be required to effect the admission.

Appears in 1 contract

Samples: Agreement (Meruelo Maddux Properties, Inc.)

Admission of Successor General Partner. A successor to all of the General Partner's ’s General Partnership Partner Interest pursuant to Section 11.2 hereof who is proposed and permitted to be admitted as a successor General Partner shall be admitted to the Partnership as the General Partner, effective upon immediately prior to such transferTransfer. Any such transferee shall assume all of the General Partner's obligations under this Agreement and successor shall carry on the business of the Partnership without dissolution. In each case, the admission shall be subject to the successor General eneral Partner executing and delivering to the Partnership an acceptance of all of the terms and conditions of this Agreement and such other documents or instruments as may be required to effect the admission.

Appears in 1 contract

Samples: Apartment Investment & Management Co

Admission of Successor General Partner. A successor to all of the General Partner's or the Special General Partner's General Partnership Interest pursuant to Section 11.2 hereof who is proposed and permitted to be admitted as a successor General Partner or Special General Partner shall be admitted to the Partnership as the General Partner or Special General Partner, effective upon such transfer. Any such transferee shall assume all of the General Partner's obligations under this Agreement and shall carry on the business of the Partnership without dissolution. In each case, the admission shall be subject to the successor General Partner or Special General Partner executing and delivering to the Partnership an acceptance of all of the terms and conditions of this Agreement and such other documents or instruments as may be required to effect the admission.

Appears in 1 contract

Samples: United Dominion Realty Trust Inc

Admission of Successor General Partner. A successor to all of the General Partner's ’s General Partnership Partner Interest pursuant to Section 11.2 hereof who is proposed and permitted to be admitted as a successor General Partner with the consent of the Limited Partners shall be admitted to the Partnership as the General Partner, Partner effective upon such transfer. Any such transferee shall assume all of the General Partner's obligations under this Agreement and shall carry on the business of the Partnership without dissolution. In each case, the admission shall be subject to the successor General Partner executing and delivering to the Partnership an acceptance of all of the terms and conditions of this Agreement and such other documents or instruments as may be required to effect the admission.

Appears in 1 contract

Samples: Pan Pacific Retail Properties Inc

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Admission of Successor General Partner. A successor to all of the General Partner's General Partnership Partner Interest pursuant to Section 11.2 hereof who is proposed and permitted to be admitted as a successor General Partner shall be admitted to the Partnership as the General Partner, effective upon such transferTransfer. Any such transferee shall assume all of the General Partner's obligations under this Agreement and successor shall carry on the business of the Partnership without dissolution. In each case, the admission shall be subject to the successor General Partner executing and delivering to the Partnership an acceptance of all of the terms terms, conditions and conditions applicable obligations of this Agreement and such other documents or instruments as may be required to effect the admission.

Appears in 1 contract

Samples: CRT Properties Inc

Admission of Successor General Partner. A successor to all of the General Partner's General Partnership Interest pursuant to Section 11.2 hereof who is proposed and permitted to be admitted as a successor General Partner shall be admitted to the Partnership as the General Partner, effective immediately upon such transferTransfer. Any such transferee shall assume all of the General Partner's obligations under this Agreement and successor shall carry on the business of the Partnership without dissolution. In each case, the admission shall be subject to the successor General Partner executing and delivering to the Partnership an acceptance of all of the terms terms, conditions and conditions applicable obligations of this Agreement and such other documents or instruments as may be required to effect the admission.

Appears in 1 contract

Samples: Limited Partnership Agreement (Kimco Realty Corp)

Admission of Successor General Partner. A successor to all of the General Partner's General Partnership Partner Interest pursuant to Section 11.2 hereof who is proposed and permitted to be admitted as a successor General Partner shall be admitted to the Partnership as the General Partner, effective upon immediately prior to such transferTransfer. Any such transferee shall assume all of the General Partner's obligations under this Agreement and successor shall carry on the business of the Partnership without dissolution. In each case, the admission shall be subject to the successor General Partner executing and delivering to the Partnership an acceptance of all of the terms and conditions of this Agreement and such other documents or instruments as may be required or advisable to effect the admission.

Appears in 1 contract

Samples: Rayonier, L.P.

Admission of Successor General Partner. A successor to all of the General Partner's General Partnership Interest Partner Interests (a) pursuant to Section 11.2 11.2(b) hereof who is proposed and permitted to be admitted as a successor General Partner shall be admitted to the Partnership as the General Partner, effective upon immediately prior to such transferTransfer, and (b) pursuant to Section 11.2(c) hereof shall be admitted to the Partnership as a successor General Partner in accordance with the provisions of Section 11.5(d). Any such transferee shall assume all of the General Partner's obligations under this Agreement and successor shall carry on the business of the Partnership without dissolution. In each case, the admission shall be subject to the successor General Partner executing and delivering to the Partnership an acceptance of all of the terms and conditions of this Agreement and such other documents or instruments as may be required to effect the admission.

Appears in 1 contract

Samples: Berkshire Income Realty Inc

Admission of Successor General Partner. A successor to all of the General Partner's General Partnership Partner Interest pursuant to Section 11.2 hereof who is proposed and permitted to be admitted as a successor General Partner shall be admitted to the Partnership as the General Partner, effective upon such transfer. Any such transferee shall assume all of the General Partner's obligations under this Agreement and shall carry on the business of the Partnership without dissolution. In each case, the admission shall be subject to the successor General Partner executing and delivering to the Partnership an acceptance of all of the terms and conditions of this Agreement and such other documents or instruments as may be required to effect the admission.

Appears in 1 contract

Samples: Carramerica Realty Corp

Admission of Successor General Partner. A successor to all of the General Partner's General Partnership Interest pursuant to Section 11.2 hereof 11.1 who is proposed and permitted to be admitted as a successor General Partner shall be admitted to the Partnership as the General Partner, effective upon such transfer. Any such transferee shall assume all of the General Partner's obligations under this Agreement and shall carry on the business of the Partnership without dissolution. In each case, the admission shall be subject to the successor General Partner executing and delivering to the Partnership an acceptance of all of the terms and conditions of this Agreement and such other documents or instruments as may be required to effect the admission.

Appears in 1 contract

Samples: Prologis

Admission of Successor General Partner. A successor to all of the General Partner's General Partnership Interest pursuant to Section 11.2 11.02 hereof who is proposed and permitted to be admitted as a successor General Partner shall be admitted to the Partnership as the General Partner, effective upon such transfer. Any such transferee shall assume all of the General Partner's obligations under this Agreement and shall carry on the business of the Partnership without dissolution. In each case, the admission shall be subject to the successor General Partner Partner's executing and delivering to the Partnership an acceptance of all of the terms and conditions of this Agreement and such other documents or instruments as may be required to effect the admission.

Appears in 1 contract

Samples: Gramercy Capital Corp

Admission of Successor General Partner. A successor General Partner approved pursuant to all Section 13.2 or the transferee of or successor to the General Partner's General ’s Partnership Interest pursuant to Section 11.2 hereof who is proposed and permitted to be admitted as a successor General Partner shall be admitted to the Partnership as the General Partner, effective upon such transferimmediately prior to the withdrawal or removal of the General Partner pursuant to Section 13.1 or the transfer pursuant to Section 11.2. Any such transferee shall assume all of the General Partner's obligations under this Agreement and successor shall carry on the business of the Partnership without dissolution. In each case, the admission shall be subject to the successor General Partner executing and delivering to the Partnership an acceptance of all of the terms and conditions of this Agreement and such other documents or instruments as may be required to effect the admission.

Appears in 1 contract

Samples: Plum Creek Timber Co Inc

Admission of Successor General Partner. A successor to all of the General Partner's ’s General Partnership Interest pursuant to Section 11.2 hereof who is proposed and permitted to be admitted as a successor General Partner shall be admitted to the Partnership as the General Partner, effective upon such transfer. Any such transferee shall assume all of the General Partner's ’s obligations under this Agreement and shall carry on the business of the Partnership without dissolution. In each case, the admission shall be subject to the successor General Partner executing and delivering to the Partnership an acceptance of all of the terms and conditions of this Agreement and such other documents or instruments as may be required to effect the admission.

Appears in 1 contract

Samples: Regency Centers Lp

Admission of Successor General Partner. A successor to all of the General Partner's ’s General Partnership Partner Interest pursuant to Section 11.2 hereof who is proposed and permitted to be admitted as a successor General Partner shall be admitted to the Partnership as the General Partner, effective upon immediately prior to such transferTransfer. Any such transferee shall assume all of the General Partner's obligations under this Agreement and successor shall carry on the business of the Partnership without dissolution. In each case, the admission shall be subject to the successor General Partner executing and delivering to the Partnership an acceptance of all of the terms terms, conditions and conditions applicable obligations of this Agreement and such other documents or instruments as may be required to effect the admission.

Appears in 1 contract

Samples: New Plan Excel Realty Trust Inc

Admission of Successor General Partner. NY\5888591.8 A successor to all of the General Partner's ’s General Partnership Partner Interest pursuant to Section 11.2 hereof who is proposed and permitted to be admitted as a successor General Partner shall be admitted to the Partnership as the General Partner, effective upon such transfer. Any such transferee shall assume all of the General Partner's obligations under this Agreement and shall carry on the business of the Partnership without dissolution. In each case, the admission shall be subject to the successor General Partner executing and delivering to the Partnership an acceptance of all of the terms and conditions of this Agreement and such other documents or instruments as may be required to effect the admission.

Appears in 1 contract

Samples: Limited Partnership Agreement (Tanger Properties LTD Partnership /Nc/)

Admission of Successor General Partner. A successor to all of the General Partner's General Partnership Partner Interest pursuant to Section 11.2 11.2.B hereof who is proposed and permitted to be admitted as a successor General Partner shall be admitted to the Partnership as the General Partner, effective immediately prior to such Transfer. A successor to a General Partner removed pursuant to Section 11.7 shall be admitted to the Partnership as the successor General Partner effective upon such transfer. satisfaction of the condition specified in Section 11.7.C. Any such transferee shall assume all of the General Partner's obligations under this Agreement and successor shall carry on the business of the Partnership without dissolution. In each case, the admission shall be subject to the successor General Partner executing and delivering to the Partnership an acceptance of all of the terms and conditions of this Agreement and such other documents or instruments as may be required to effect the admission.

Appears in 1 contract

Samples: Iac Capital Trust

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