Common use of Admission of a Successor General Partner Clause in Contracts

Admission of a Successor General Partner. A successor to all of the General Partner’s General Partner Interest pursuant to Section 11.2 who is proposed to be admitted as a successor General Partner shall be admitted to the Partnership as the General Partner, effective upon such transfer. Any such successor shall carry on the business of the Partnership without dissolution. In such case, the admission shall be subject to such 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 9 contracts

Samples: Agreement of Limited Partnership (FrontView REIT, Inc.), Agreement of Limited Partnership (FrontView REIT, Inc.), Limited Partnership Agreement (Education Realty Operating Partnership L P)

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Admission of a Successor General Partner. A successor to all of the General Partner’s General Partner Partnership Interest pursuant to Section 11.2 who is proposed to be admitted as a successor General Partner shall be admitted to the Partnership as the General Partner, effective upon such transfer. Any such successor shall carry on the business of the Partnership without dissolution. In such case, the admission shall be subject to such 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 of Limited Partnership (Gadsden Growth Properties, Inc.), Limited Partnership Agreement (Carramerica Realty Operating Partnership Lp), Limited Partnership Agreement (U-Store-It Trust)

Admission of a Successor General Partner. A successor to all of the General Partner’s General Partner Partnership Interest pursuant to Section 11.2 who is proposed to be admitted as a successor General Partner shall be admitted to the Partnership as the General Partner, effective upon such transferTransfer. Any such successor shall carry on the business of the Partnership without dissolution. In such case, the admission shall be subject to such 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 of Limited Partnership (InfraREIT, Inc.), Limited Partnership Agreement (InfraREIT, Inc.), Limited Partnership Agreement (InfraREIT, Inc.)

Admission of a Successor General Partner. A successor to all of the General Partner’s 's General Partner Partnership Interest pursuant to Section 11.2 who is proposed to be admitted as a successor General Partner shall be admitted to the Partnership as the General Partner, effective upon such transfer. Any such successor shall carry on the business of the Partnership without dissolution. In such case, the admission shall be subject to such 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 (Kite Realty Group Trust), Limited Partnership Agreement (Equity Office Properties Trust), Limited Partnership Agreement (Equity Office Properties Trust)

Admission of a Successor General Partner. A successor to all of the a General Partner’s 's General Partner Partnership Interest pursuant to Section 11.2 who is proposed to be admitted as a successor General Partner shall be admitted to the Partnership as the a General Partner, effective upon such transfer. Any such successor transferee shall carry on the business of the Partnership without dissolution. In such each case, the admission shall be subject to such 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: Limited Partnership Agreement (Equity Office Properties Trust), Limited Partnership Agreement (Equity Office Properties Trust), Limited Partnership Agreement (Equity Office Properties Trust)

Admission of a Successor General Partner. A successor to all of the General Partner’s 's General Partner Partnership Interest pursuant to Section 11.2 who is proposed to be admitted as a successor General Partner shall be admitted to the Partnership as the General Partner, effective upon such transfer. Any such successor transferee shall carry on the business of the Partnership without dissolution. In such each case, the admission shall be subject to such 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 2 contracts

Samples: Limited Partnership Agreement (Lasalle Hotel Properties), Limited Partnership Agreement (Lasalle Hotel Properties)

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Admission of a Successor General Partner. A successor to all of the General Partner’s General Partner Partnership Interest pursuant to Section 11.2 who is proposed to be admitted as a successor General Partner shall be admitted to the Partnership as the General Partner, effective upon such transfer. Any such successor transferee shall carry on the business of the Partnership without dissolution. In such each case, the admission shall be subject to such successor General Partner executing and delivering to the Partnership an a written 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: Agreement of Limited Partnership (Host Hotels & Resorts, Inc.), Limited Partnership Agreement (Host Hotels & Resorts L.P.)

Admission of a Successor General Partner. A successor to all of the General Partner’s 's General Partner Partnership Interest pursuant to Section 11.2 who is proposed to be admitted as a successor General Partner shall be admitted to the Partnership as the General Partner, effective upon such transfer. Any such successor transferee shall carry on the business of the Partnership without dissolution. In such each case, the admission shall be subject to such successor General Partner executing and delivering to the Partnership an a written 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 of Limited Partnership (Host Hotels & Resorts L.P.)

Admission of a Successor General Partner. A successor to all of the General Partner’s 's General Partner Partnership Interest pursuant to Section 11.2 who is proposed to be admitted as a successor General Partner shall be admitted to the Partnership as the a General Partner, effective upon such transfer. Any such successor transferee shall carry on the business of the Partnership without dissolution. In such each case, the admission shall be subject to such 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 of Limited Partnership (Presidio Golf Trust)

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