Successor General Partner. A successor to all of a General Partner's General Partner Interest who is proposed to be admitted to the Partnership as a Successor General Partner shall be admitted as the General Partner, effective upon the Transfer. Any such transferee shall carry on the business of the Partnership without dissolution. In addition, the following conditions must be satisfied:
Appears in 13 contracts
Samples: Limited Partnership Agreement (Royale Investments Inc), Registration Rights Agreement (First Industrial Lp), Limited Partnership Agreement (Royale Investments Inc)
Successor General Partner. A Except as provided in the last sentence of this section, a successor to all of a General Partner's ’s General Partner Interest who is proposed to be admitted to the Partnership as a Successor General Partner shall be admitted as the General Partner, effective upon the Transfer. Any such transferee shall carry on the business of the Partnership without dissolution. In addition, the following conditions must be satisfied:
Appears in 5 contracts
Samples: Limited Partnership Agreement (First Industrial Lp), Limited Partnership Agreement (First Industrial Lp), Limited Partnership Agreement (First Industrial Realty Trust Inc)
Successor General Partner. A successor to all of a General Partner's ’s General Partner Interest who is proposed to be admitted to the Partnership as a Successor General Partner shall be admitted as the General Partner, effective upon the Transfer. Any such transferee shall carry on the business of the Partnership without dissolution. In addition, the following conditions must be satisfied:
Appears in 3 contracts
Samples: Registration Rights Agreement (First Industrial Realty Trust Inc), Registration Rights Agreement (First Industrial Realty Trust Inc), Registration Rights Agreement (First Industrial Realty Trust Inc)
Successor General Partner. A successor to all of a General Partner's General Partner Interest who is proposed to be admitted to the Partnership as a Successor General Partner has been approved in accordance with Section 8.2 shall be admitted as the Successor General Partner, effective upon immediately prior to the Transfer. Any such transferee Successor shall carry on the business of the Partnership without dissolution. In addition, the following conditions must be satisfied:
Appears in 2 contracts
Samples: Corporate Office Properties Trust, Corporate Office Properties Trust
Successor General Partner. A successor to all of a General Partner's ’s General Partner Interest who is proposed to be admitted to the Partnership as a Successor General Partner has been approved in accordance with Section 8.2 shall be admitted as the Successor General Partner, effective upon immediately prior to the Transfer. Any such transferee Successor shall carry on the business of the Partnership without dissolution. In addition, the following conditions must be satisfied:
Appears in 1 contract
Samples: Registration Rights Agreement (Corporate Office Properties, L.P.)
