Reliance by Third Parties. (a) Notwithstanding anything to the contrary in this Agreement, any Person dealing with the Partnership shall be entitled to assume that the General Partner has full power and authority, without consent or approval of any other Partner or Person, to encumber, sell or otherwise use in any manner any and all assets of the Partnership and to enter into any contracts on behalf of the Partnership, and take any and all actions on behalf of the Partnership, and such Person shall be entitled to deal with the General Partner as if the General Partner were the Partnership’s sole party in interest, both legally and beneficially.
Appears in 110 contracts
Samples: Agreement (HappyNest REIT, Inc.), Advisory Agreement, Contribution Agreement (Phillips Edison Grocery Center Reit I, Inc.)
Reliance by Third Parties. (a) Notwithstanding anything to the contrary in this Agreement, any Person dealing with the Partnership shall be entitled to assume that the General Partner has full power and authority, without the consent or approval of any other Partner or Person, to encumber, sell or otherwise use in any manner any and all assets of the Partnership Assets and to enter into any contracts on behalf of the Partnership, and take any and all actions on behalf of the Partnership, and such Person shall be entitled to deal with the General Partner as if the General Partner were the Partnership’s sole party in interest, both legally and beneficially.
Appears in 22 contracts
Samples: Agreement and Plan of Merger (Healthcare Realty Trust Inc), Healthcare Realty Holdings, L.P., American Healthcare REIT, Inc.
Reliance by Third Parties. (a) Notwithstanding anything to the contrary in this Agreement, any Person dealing with the Partnership shall be entitled to assume that the General Partner has full power and authority, without the consent or approval of any other Partner or Person, to encumber, sell or otherwise use in any manner any and all assets of the Partnership Assets and to enter into any contracts on behalf of the Partnership, and take any and all actions on behalf of the Partnership, and such Person shall be entitled to deal with the General Partner as if the General Partner were the Partnership’s 's sole party in interest, both legally and beneficially.
Appears in 8 contracts
Samples: NNN Healthcare/Office REIT, Inc., NNN Healthcare/Office REIT, Inc., Shopoff Properties Trust, Inc.
Reliance by Third Parties. (a) Notwithstanding anything to the contrary in this Agreement, any Person dealing with the Partnership shall be entitled to assume that the General Partner has full power and authority, without consent or approval of any other Partner or Person, to encumber, sell or otherwise use in any manner any and all assets of the Partnership and to enter into any contracts on behalf of the Partnership, and take any and all actions on behalf of the Partnership, and such Person shall be entitled to deal with the General Partner as if the General Partner were the Partnership’s 's sole party in interest, both legally and beneficially.
Appears in 5 contracts
Samples: Exchange Rights Agreement (American Spectrum Realty Inc), Contribution Agreement (Tower Realty Trust Inc), Exchange Rights Agreement (Orion Multifamily Investment Fund Inc)
Reliance by Third Parties. (a) Notwithstanding anything to the contrary in this Agreement, any Person dealing with the Partnership shall be entitled to assume that the General Partner has full power and authority, without consent or approval of any other Partner or Person, authority to encumber, sell or otherwise use in any manner any and all assets of the Partnership and to enter into any contracts on behalf of the Partnership, and take any and all actions on behalf of the Partnership, and such Person shall be entitled to deal with the General Partner as if the General Partner it were the Partnership’s 's sole party in interest, both legally and beneficially.. Each Limited Partner hereby waives any and all defenses or other remedies which may be available against such Person to contest, negate or disaffirm any action of the General Partner in connection with any such dealing. In no event shall any Person dealing with the
Appears in 4 contracts
Samples: Amb Property Corp, Amb Property Corp, Amb Property Corp
Reliance by Third Parties. (a) Notwithstanding anything to the contrary in this AgreementAgreement and subject to the Class C Rights, any Person dealing with the Partnership shall be entitled to assume that the General Partner has full power and authority, without consent or approval of any other Partner or Person, to encumber, sell or otherwise use in any manner any and all assets of the Partnership and to enter into any contracts on behalf of the Partnership, and take any and all actions on behalf of the Partnership, and such Person shall be entitled to deal with the General Partner as if the General Partner were the Partnership’s sole party in interest, both legally and beneficially.
Appears in 2 contracts
Samples: Registration Rights Agreement (American Realty Capital Hospitality Trust, Inc.), Hospitality Investors Trust, Inc.
Reliance by Third Parties. (a) Notwithstanding anything to the contrary in this Agreement, any Person dealing with the Partnership shall be entitled to assume that the General Partner has full power and authority, without consent or approval of any other Partner or Person, authority to encumber, sell or otherwise use in any manner any and all assets of the Partnership and to enter into any contracts on behalf of the Partnership, and take any and all actions on behalf of the Partnership, and such Person shall be entitled to deal with the General Partner as if the General Partner it were the Partnership’s 's sole party in interest, both legally and beneficially.
Appears in 2 contracts
Samples: Agreement (Wackenhut Corrections Corp), Brandywine Realty Trust
Reliance by Third Parties. (a) Notwithstanding anything to the contrary in this Agreement, any Person dealing with the Partnership shall be entitled to assume that the General Partner has full power and authority, without consent or approval of any other Partner or Person, to encumber, sell or otherwise use in any manner any and all assets of the Partnership and to enter into any contracts on behalf of the Partnership, and take any and all actions on behalf of the Partnership, Partnership and such Person shall be entitled to deal with the General Partner as if the General Partner were the Partnership’s 's sole party in interest, both legally and beneficially.legally
Appears in 1 contract
Samples: Pacific Gulf Properties Inc
Reliance by Third Parties. (a) Notwithstanding anything to the contrary in this Agreement, any Person dealing with the Partnership shall be entitled to assume that the General Partner has full power and authority, without consent or approval of any other Partner or Person, to encumber, sell or otherwise use in any manner any and all assets of the Partnership and to enter into any contracts on behalf of the Partnership, and take any and all actions on behalf of the Partnership, Partnership and such Person shall be entitled to deal with the General Partner as if the General Partner were the Partnership’s 's sole party in interest, both legally and beneficially.. Each Limited Partner hereby waives any and all defenses or other remedies which may be
Appears in 1 contract
Reliance by Third Parties. (a) Notwithstanding anything to the contrary in any other provision of this Agreement, any Person dealing with the Partnership shall be entitled to assume that the General Partner has full right, power and authorityauthority to sell, without consent or approval of any other Partner or Personpledge, to encumbermortgage, sell hypothecate, encumber or otherwise use or dispose of, in any manner manner, any and all assets of the Partnership and to enter into any contracts on behalf of the Partnership, and take any and all actions agreements on behalf of the Partnership, and such Person shall be entitled to deal with the General Partner as if the General Partner it were the Partnership’s sole party in interest, both legally and beneficially.
Appears in 1 contract
Samples: Limited Partnership Agreement
Reliance by Third Parties. (a) Notwithstanding anything to the contrary in this Agreement, any Person dealing with the Partnership shall be entitled to assume that the General Partner has full power and authority, without consent or approval of any other Partner or Person, authority to encumber, sell or otherwise use in any manner any and all assets of the Partnership and to enter into any contracts on behalf of the Partnership, and take any and all actions on behalf of the Partnership, and such Person shall be entitled to deal with the General Partner as if the General Partner it were the Partnership’s sole party in interest, both legally and beneficially.
Appears in 1 contract
Samples: Plum Creek Timber Co Inc
Reliance by Third Parties. (a) Notwithstanding anything to the contrary in this Agreement, any Person dealing with the Partnership shall be entitled to assume that the General Partner has full power and authority, without consent or approval of any other Partner or Person, to encumber, sell or otherwise use in any manner any and all assets of the Partnership and to enter into any contracts on behalf of the Partnership, and take any and all actions on behalf of the Partnership, and such Person shall be entitled to deal with the General Partner as if the General Partner were the Partnership’s sole party in interest, both legally and beneficially.. 45
Appears in 1 contract
Samples: Registration Rights Agreement (American Realty Capital Hospitality Trust, Inc.)
Reliance by Third Parties. (a) Notwithstanding anything to the contrary in this Agreement, any Person dealing with the Partnership shall be entitled to assume that the General Partner has full power and authority, without consent or approval of any other Partner or Person, authority to encumber, sell or otherwise use in any manner any and all assets of the Partnership and to enter into any contracts on behalf of the Partnership, and take any and all actions on behalf of the Partnership, and such Person shall be entitled to deal with the General Partner as if the General Partner it were the Partnership’s 's sole party in interest, both legally and beneficially.. Each Limited Partner hereby waives any and all defenses or other remedies which may be available against such
Appears in 1 contract
Samples: Liberty Property Limited Partnership
Reliance by Third Parties. (a) Notwithstanding anything to the contrary in this Agreement, any Person dealing with the Partnership shall be entitled to assume that the General Partner has full power and authority, without consent or approval of any other Partner or Person, authority to encumber, sell or otherwise use in any manner any and all assets of the Partnership and to enter into any contracts on behalf of the Partnership, and take any and all actions on behalf of the Partnership, and such Person shall be entitled to deal with the General Partner as if the General Partner were the Partnership’s sole party in interest, both legally and beneficially.
Appears in 1 contract
Samples: Agreement (Municipal Securities Trust Series 30 & 41st Discount Series)
Reliance by Third Parties. (a) Notwithstanding a)Notwithstanding anything to the contrary in this Agreement, any Person dealing with the Partnership shall be entitled to assume that the General Partner has full power and authority, without consent or approval of any other Partner or Person, to encumber, sell or otherwise use in any manner any and all assets of the Partnership and to enter into any contracts on behalf of the Partnership, and take any and all actions on behalf of the Partnership, and such Person shall be entitled to deal with the General Partner as if the General Partner were the Partnership’s sole party in interest, both legally and beneficially.
Appears in 1 contract
Samples: Form of Exchange Rights Agreement (Independence Realty Trust, Inc)
Reliance by Third Parties. (a) Notwithstanding anything to the contrary in this Agreement, any Person dealing with the Partnership shall be entitled to assume that the General Partner and any officer of the General Partner authorized by the General Partner to act on behalf of and in the name of the Partnership has full power and authority, without consent or approval of any other Partner or Person, authority to encumber, sell or otherwise use in any manner any and all assets of the Partnership and to enter into any authorized contracts on behalf of the Partnership, and take any and all actions on behalf of the Partnership, and such Person shall be entitled to deal with the General Partner or any such officer as if the General Partner it were the Partnership’s sole party in interest, both legally and beneficially.and
Appears in 1 contract
Samples: Phillips 66 Partners Lp
Reliance by Third Parties. (a) a. Notwithstanding anything to the contrary in this Agreement, any Person dealing with the Partnership shall be entitled to assume that the General Partner has full power and authority, without consent or approval of any other Partner or Person, to encumber, sell or otherwise use in any manner any and all assets of the Partnership and to enter into any contracts on behalf of the Partnership, and take any and all actions on behalf of the Partnership, and such Person shall be entitled to deal with the General Partner as if the General Partner were the Partnership’s sole party in interest, both legally and beneficially.
Appears in 1 contract
Reliance by Third Parties. (a) Notwithstanding anything to the contrary in this Agreement, any Person dealing with the Partnership shall be entitled to assume that the General Partner has full power and authority, without consent or approval of any other Partner or Person, Person to encumber, sell or otherwise use in any manner any and all assets of the Partnership and to enter into any contracts on behalf of the Partnership, and take any and all actions on behalf of the Partnership, Partnership and such Person shall be entitled to deal with the General Partner as if the General Partner were the Partnership’s 's sole party in interest, both legally and beneficially.
Appears in 1 contract
Samples: Merry Land & Investment Co Inc
Reliance by Third Parties. (a) Notwithstanding anything to the contrary in this AgreementAgreement (other than the limitations on the General Partner's authority set forth in Sections 7.5, 7.6.A, 7.6.D, and 7.11), any Person dealing with the Partnership shall be entitled to assume that the General Partner has full power and authority, without consent or approval of any other Partner or Person, to encumber, sell or otherwise use in any manner any and all assets of the Partnership and Partnership, to enter into any contracts on behalf of the Partnership, and take any and all actions on behalf of the Partnership, and such Person shall be entitled to deal with the General Partner as if the General Partner were the Partnership’s sole party in interest, both legally and beneficially.any
Appears in 1 contract
Samples: Vornado Operating Inc
Reliance by Third Parties. (a) Notwithstanding anything to the contrary in this Agreement, any Person dealing with the Partnership shall be entitled to assume that the General Partner has full power and authority, without consent or approval of any other Partner or Person, authority to encumber, sell or otherwise use in any manner any and all assets of the Partnership and to enter into any contracts on behalf of the Partnership, and take any and all actions on behalf of the Partnership, and such Person shall be entitled to deal with the General Partner as if the General Partner were the Partnership’s sole party in interest, both legally and beneficially.,
Appears in 1 contract
Samples: Strategic Timber Trust Inc