Common use of Admission of New Partners Clause in Contracts

Admission of New Partners. As of the Effective Date, the Series A-3 Preferred Partners have contributed the Contributed Assets to the Partnership in exchange for the issuance by the Partnership to the Series A-3 Preferred Partners of an aggregate of 40,267.50 Series A-3 Preferred Units and certain other consideration. The Series A-3 Preferred Units issued to the Series A-3 Preferred Partners have been duly issued and fully paid. The Series A-3 Preferred Partners are hereby admitted to the Partnership as new Limited Partners, and by execution of this Amendment the Series A-3 Preferred Partners have agreed to be bound by all of the terms and conditions of the Agreement, as amended hereby, and hereby acknowledge receipt of a copy of the Agreement. Exhibit A of the Agreement is hereby deleted in its entirety and is replaced with Exhibit A to this Amendment. The Series A-3 Preferred Partners expressly agree to and adopt the power of attorney granted to the General Partner in Section 6.6 of the Agreement.

Admission of New Partners. As of the Effective Datedate hereof, the Series A-3 B Preferred Partners have Partner has contributed the Contributed Assets Project, with a net agreed upon value of $3,563,700, to the Partnership in exchange for the issuance by the Partnership to the Series A-3 B Preferred Partners Partner of an aggregate of 40,267.50 35,637 Series A-3 B Preferred Units and certain other considerationUnits. The Series A-3 B Preferred Units issued to the Series A-3 B Preferred Partners Partner have been duly issued and fully paid. The Series A-3 B Preferred Partners are Partner is hereby admitted to the Partnership Partnership, effective as of May 1, 2000 as a new Limited PartnersPartner, and by execution of this Amendment the Series A-3 B Preferred Partners have Partner has agreed to be bound by all of the terms and conditions of the Agreement, as amended hereby, and hereby acknowledge acknowledges receipt of a copy of the Agreement. Exhibit A of the Agreement is hereby deleted in its entirety and is replaced with Exhibit EXHIBIT A to this Amendment. The Series A-3 Preferred Partners expressly agree to and adopt the power of attorney granted to the General Partner in Section 6.6 of the Agreement.

Admission of New Partners. As of the Effective Datedate hereof, the Series A-3 B-1 Preferred Partners have Partner has contributed the Contributed Assets Project, with a net agreed upon value of $4,611,692.48., to the Partnership in exchange for the issuance by the Partnership to the Series A-3 B-1 Preferred Partners Partner of an aggregate of 40,267.50 46,117 Series A-3 B-1 Preferred Units and certain other considerationUnits. The Series A-3 B-1 Preferred Units issued to the Series A-3 B-1 Preferred Partners Partner have been duly issued and fully paid. The Series A-3 B-1 Preferred Partners are Partner is hereby admitted to the Partnership Partnership, effective as of April 16, 2001, as a new Limited PartnersPartner, and by execution of this Amendment the Series A-3 B-1 Preferred Partners have Partner has agreed to be bound by all of the terms and conditions of the Agreement, as amended hereby, and hereby acknowledge acknowledges receipt of a copy of the Agreement. Exhibit A of the Agreement is hereby deleted in its entirety and is replaced with Exhibit EXHIBIT A to this Amendment. The Series A-3 Preferred Partners expressly agree to and adopt the power of attorney granted to the General Partner in Section 6.6 of the Agreement.

Admission of New Partners. As of the Effective Date, the Series A-3 A-4 Preferred Partners Partner and its affiliates have contributed the Contributed Assets to the Partnership Partnership, in exchange for the issuance by the Partnership to the Series A-3 A-4 Preferred Partners Partner of an aggregate of 40,267.50 608,220 Series A-3 A-4 Preferred Units, 455,296 Common OP Units and certain other consideration. The Series A-3 A-4 Preferred Units and Common OP Units issued to the Series A-3 A-4 Preferred Partners Partner have been duly issued and fully paid. The Series A-3 A-4 Preferred Partners are Partner is hereby admitted to the Partnership as a new Limited PartnersPartner, and by execution of this Amendment the Series A-3 A-4 Preferred Partners have agreed Partner agrees to be bound by all of the terms and conditions of the Agreement, as amended hereby, and hereby acknowledge acknowledges receipt of a copy of the Agreement. Exhibit A of the Agreement is hereby deleted in its entirety and is replaced with Exhibit A to this Amendment. The Series A-3 Preferred Partners expressly agree to and adopt the power of attorney granted to the General Partner in Section 6.6 of the Agreement.

Admission of New Partners. As of the Effective Date, the Series A-3 B-3 Preferred Partners have contributed the Contributed Assets Membership Interests to the Partnership in exchange for the assumption by the Partnership of certain debt, payment by the Partnership of cash and the issuance by the Partnership to the Series A-3 B-3 Preferred Partners of an aggregate of 40,267.50 62,700 Series A-3 B-3 Preferred Units and certain other considerationUnits. The Series A-3 B-3 Preferred Units issued to the Series A-3 B-3 Preferred Partners have been duly issued and fully paid. The Series A-3 B-3 Preferred Partners are hereby admitted to the Partnership as new Limited Partners, and by execution of this Amendment the Series A-3 B-3 Preferred Partners have agreed to be bound by all of the terms and conditions of the Agreement, as amended hereby, and hereby acknowledge receipt of a copy of the Agreement. Exhibit A of the Agreement is hereby deleted in its entirety and is replaced with Exhibit EXHIBIT A to this Amendment. The Series A-3 Preferred Partners expressly agree to and adopt the power of attorney granted to the General Partner in Section 6.6 of the Agreement.

Admission of New Partners. As of the Effective Date, the Series A-3 A-1 Preferred Partners have contributed the Contributed Assets to the Partnership in exchange for the assumption by the Partnership of certain debt and the issuance by the Partnership to the Series A-3 A-1 Preferred Partners of an aggregate of 40,267.50 455,476 Series A-3 A-1 Preferred Units and certain other considerationUnits. The Series A-3 A-1 Preferred Units issued to the Series A-3 A-1 Preferred Partners have been duly issued and fully paid. The Series A-3 A-1 Preferred Partners are hereby admitted to the Partnership as new Limited Partners, and by execution of this Amendment the Series A-3 A-1 Preferred Partners have agreed to be bound by all of the terms and conditions of the Agreement, as amended hereby, and hereby acknowledge receipt of a copy of the Agreement. Exhibit A of the Agreement is hereby deleted in its entirety and is replaced with Exhibit A to this Amendment. The Series A-3 Preferred Partners expressly agree to and adopt the power of attorney granted to the General Partner in Section 6.6 of the Agreement.

Admission of New Partners. As of the Effective Date, the Series A-3 C Preferred Partners have contributed the Contributed Assets to the Partnership in exchange for the issuance by the Partnership to the Series A-3 C Preferred Partners of an aggregate of 40,267.50 371,808 Common OP Units and 340,206 Series A-3 C Preferred Units and certain other consideration. The Common OP Units and Series A-3 C Preferred Units issued to the Series A-3 C Preferred Partners have been duly issued and fully paid. The Series A-3 C Preferred Partners are hereby admitted to the Partnership as new Limited Partners, and by execution of this Amendment the Series A-3 C Preferred Partners have agreed agree to be bound by all of the terms and conditions of the Agreement, as amended hereby, and hereby acknowledge receipt of a copy of the Agreement. Exhibit A of the Agreement is hereby deleted in its entirety and is replaced with Exhibit A to this Amendment. The Series A-3 Preferred Partners expressly agree to and adopt the power of attorney granted to the General Partner in Section 6.6 of the Agreement.