Admission of Successor General Partner. (a) (i) A successor to all of the General Partner Interest pursuant to Section 11 hereof who is proposed to be admitted as a successor General Partner shall be admitted to the Partnership as the General Partner, effective immediately following such transfer and the admission of such successor General Partner as a general partner of the Partnership upon the satisfaction of the terms and conditions set forth in Section 12.1(b).
Appears in 44 contracts
Samples: Form of Exchange Rights Agreement (Independence Realty Trust, Inc), Agreement (ARC Realty Finance Trust, Inc.), Exchange Rights Agreement (Independence Realty Trust, Inc)
Admission of Successor General Partner. (a) (i) A successor to all of the General Partner Interest pursuant to Section Article 11 hereof who is proposed to be admitted as a successor General Partner shall be admitted to the Partnership as the General Partner, effective immediately following such transfer and the admission of such successor General Partner as a general partner of the Partnership upon the satisfaction of the terms and conditions set forth in Section 12.1(b).
Appears in 43 contracts
Samples: Contribution Agreement (Phillips Edison Grocery Center Reit I, Inc.), Contribution Agreement (Phillips Edison Grocery Center Reit I, Inc.), Registration Rights Agreement (American Realty Capital Hospitality Trust, Inc.)
Admission of Successor General Partner. (a) (i) A successor to all of the General Partner’s General Partner Interest pursuant to Section 11 11.2 hereof who is proposed to be admitted as a successor General Partner shall be admitted to the Partnership as the General Partner, effective immediately following prior to such transfer and Transfer. Any such successor shall carry on the business of the Partnership without dissolution. In each case, the admission of such shall be subject to the successor General Partner as a general partner of executing and delivering to the Partnership upon the satisfaction an acceptance of all of the terms and conditions set forth in Section 12.1(b)of this Agreement and such other documents or instruments as may be required to effect the admission.
Appears in 27 contracts
Samples: Agreement (Aimco OP L.P.), Aimco Properties L.P., Aimco OP L.P.
Admission of Successor General Partner. (a) (i) A successor to all of the General Partner's General Partner Interest pursuant to Section 11 11.2 hereof who is proposed to be admitted as a successor General Partner shall be admitted to the Partnership as the General Partner, effective immediately following prior to such transfer and Transfer. Any such successor shall carry on the business of the Partnership without dissolution. In each case, the admission of such shall be subject to the successor General Partner as a general partner of executing and delivering to the Partnership upon the satisfaction an acceptance of all of the terms and conditions set forth in Section 12.1(b)of this Agreement and such other documents or instruments as may be required to effect the admission.
Appears in 15 contracts
Samples: Arbor Realty Trust Inc, Northstar Realty, Affordable Residential Communities Inc
Admission of Successor General Partner. (a) (i) A successor to all of the General Partner Partner’s General Partnership Interest pursuant to Section 11 11.02 hereof who is proposed to be admitted as a successor General Partner shall be admitted to the Partnership as the General Partner, effective immediately following upon such transfer and transfer. Any such transferee shall carry on the admission of such successor General Partner as a general partner business of the Partnership upon without dissolution. In each case, the satisfaction admission shall be subject to the successor General Partner’s executing and delivering to the Partnership an acceptance of all of the terms and conditions set forth in Section 12.1(b)of this Agreement and such other documents or instruments as may be required to effect the admission.
Appears in 11 contracts
Samples: Fourth (Gramercy Property Trust Inc.), Gramercy Property Trust, Gramercy Property Trust Inc.
Admission of Successor General Partner. (a) (i) A successor to all of the General Partner’s General Partner Interest pursuant to Section 11 11.02 hereof who is proposed to be admitted as a successor General Partner shall be admitted to the Partnership as the General Partner, effective immediately following prior to such transfer and Transfer. Any such successor shall carry on the business of the Partnership without dissolution. In each case, the admission of such shall be subject to the successor General Partner as a general partner of executing and delivering to the Partnership upon the satisfaction an acceptance of all of the terms and conditions set forth in Section 12.1(b)of this Agreement and such other documents or instruments as may be required to effect the admission.
Appears in 8 contracts
Samples: www.sec.gov, Empire State Realty OP, L.P., Trade Street Residential, Inc.
Admission of Successor General Partner. (a) (i) A successor to all of the General Partner Interest pursuant to Section Article 11 hereof who is proposed to be admitted as a successor General Partner shall be admitted to the Partnership as the General Partner, effective immediately following such transfer and the admission of such successor General Partner as a general partner of the Partnership upon the satisfaction of the terms and conditions set forth in Section 12.1(b).
Appears in 7 contracts
Samples: Form of Agreement (United Realty Trust Inc), Preferred Apartment Communities Inc, Management Agreement (Preferred Apartment Communities Inc)
Admission of Successor General Partner. (a) (i) A successor General Partner selected by the holders of a Majority Interest or the transferee of or successor to all the entire Partnership Interest of the General Partner Interest pursuant to Section 11 hereof who is proposed to be admitted as a successor General Partner 11.2 shall be admitted to the Partnership as the General Partner, effective immediately following such transfer and prior to the admission withdrawal or removal of such successor the General Partner as a general partner of the Partnership upon the satisfaction of the terms and conditions set forth in pursuant to Section 12.1(b)13.1.
Appears in 6 contracts
Samples: Cedar Fair L P, Cedar Fair L P, Cedar Fair L P
Admission of Successor General Partner. (a) (i) A successor to all The transferee of the entire Partnership Interest of the General Partner Interest as a General Partner pursuant to Section 11 hereof who is proposed to be admitted as a successor General Partner 10.3 shall be admitted to the Partnership as the General Partner, effective immediately following such transfer prior to the Transfer pursuant to Section 10.3 and shall continue the admission of such successor General Partner as a general partner business of the Partnership upon the satisfaction of the terms and conditions set forth in Section 12.1(b)without dissolution.
Appears in 4 contracts
Samples: Ensource Energy Income Fund LP, Ensource Energy Income Fund LP, Ensource Energy Income Fund LP
Admission of Successor General Partner. (a) (i) A successor to all of the General Partner Interest pursuant to Section Article 11 hereof who is proposed to be admitted as a successor General Partner shall be admitted to the Partnership as the General Partner, effective immediately following such transfer Transfer and the admission of such successor General Partner as a general partner of the Partnership upon the satisfaction of the terms and conditions set forth in Section 12.1(b).
Appears in 3 contracts
Samples: Agreement (American Realty Capital Healthcare Trust III, Inc.), Form of Agreement (American Realty Capital New York City REIT II, Inc.), American Realty Capital Global Trust II, Inc.
Admission of Successor General Partner. (a) (is) A successor to all of the General Partner Interest pursuant to Section Article 11 hereof who is proposed to be admitted as a successor General Partner shall be admitted to the Partnership as the General Partner, effective immediately following such transfer and the admission of such successor General Partner as a general partner of the Partnership upon the satisfaction of the terms and conditions set forth in Section 12.1(b).
Appears in 2 contracts
Samples: Agreement (Phillips Edison Grocery Center Reit Ii, Inc.), Phillips Edison Grocery Center Reit I, Inc.
Admission of Successor General Partner. (a) (i) A successor to all of the General Partner Interest pursuant to Section Article 11 hereof who is proposed to be admitted as a successor General Partner shall be admitted to the Partnership as the General Partner, subject to the Class C Rights, effective immediately following such transfer and the admission of such successor General Partner as a general partner of the Partnership upon the satisfaction of the terms and conditions set forth in Section 12.1(b12.1(b).
Appears in 2 contracts
Samples: Registration Rights Agreement (American Realty Capital Hospitality Trust, Inc.), Hospitality Investors Trust, Inc.
Admission of Successor General Partner. (a) (ia)(i) A successor to all of the General Partner Interest pursuant to Section Article 11 hereof who is proposed to be admitted as a successor General Partner shall be admitted to the Partnership as the General Partner, effective immediately following such transfer and the admission of such successor General Partner as a general partner of the Partnership upon the satisfaction of the terms and conditions set forth in Section 12.1(b).
Appears in 1 contract
Samples: Preferred Apartment Communities Inc
Admission of Successor General Partner. (a) (i) A successor to all of the General Partner Interest pursuant to Section 11 hereof who is proposed to be admitted as a successor General Partner shall be admitted to the Partnership as the General Partner, effective immediately following such transfer and the admission of such successor General Partner as a general partner of the Partnership upon the satisfaction of the terms and conditions set forth in Section 12.1(b).
Appears in 1 contract
Samples: Exchange Rights Agreement (Empire American Realty Trust Inc)
Admission of Successor General Partner. (as) (i%4) A successor to all of the General Partner Interest pursuant to Section Article 11 hereof who is proposed to be admitted as a successor General Partner shall be admitted to the Partnership as the General Partner, effective immediately following such transfer and the admission of such successor General Partner as a general partner of the Partnership upon the satisfaction of the terms and conditions set forth in Section 12.1(b).
Appears in 1 contract
Admission of Successor General Partner. (a) (i) A. A successor to all of the General Partner Interest pursuant to Section 11 hereof who is proposed to be admitted as a successor General Partner shall be admitted to the Partnership as the General Partner, effective immediately following prior to such transfer and transfer. Any such transferee shall carry on the admission of such successor General Partner as a general partner business of the Partnership upon the satisfaction of the terms and conditions set forth in Section 12.1(b)without dissolution.
Appears in 1 contract
Samples: Limited Partnership Agreement (3100 Glendale Joint Venture)
Admission of Successor General Partner. (a) (i) A successor to all of the General Partner Interest pursuant to Section 11 hereof who is proposed to be admitted as a successor General Partner shall be admitted to the Partnership as the General Partner, effective immediately following such transfer and the admission of such successor General Partner as a general partner of the Partnership upon the satisfaction of the terms and conditions set forth in Section 12.1(b).
Appears in 1 contract
Samples: United Realty Trust Inc
Admission of Successor General Partner. (a) (is) A successor to all of the General Partner Interest pursuant to Section Article 11 hereof who is proposed to be admitted as a successor General Partner shall be admitted to the Partnership as the General Partner, effective immediately following such transfer and the admission of such successor General Partner as a general partner of the Partnership upon the satisfaction of the terms and conditions set forth in Section 12.1(b).
Appears in 1 contract
Samples: Preferred Apartment Communities Inc
Admission of Successor General Partner. (a) (i) A successor General Partner selected pursuant to Section 13.1 or the transferee of or successor to all of the Partnership Interest of the General Partner Interest pursuant to Section 11 hereof who is proposed to be admitted as a successor General Partner 11.2(a) or (b) shall be admitted to the Partnership as the General Partner, effective immediately following as of the date of the withdrawal or removal of the predecessor General Partner or the date of such transfer and of such predecessor's Partnership Interest. To the extent required by the laws of any jurisdiction to which the Partnership or this Agreement is subject, the Partners unanimously consent to the admission of such successor General Partner as a general partner of the Partnership upon the satisfaction of the terms and conditions set forth in pursuant to this Section 12.1(b12.3 or Sections 13.1 or 11.2(a) or (b).
Appears in 1 contract
Admission of Successor General Partner. (a) (i) A successor to all of the General Partner Interest pursuant to Section ARTICLE 11 hereof who is proposed to be admitted as a successor General Partner shall be admitted to the Partnership as the General Partner, effective immediately following such transfer and the admission of such successor General Partner as a general partner of the Partnership upon the satisfaction of the terms and conditions set forth in Section 12.1(b).
Appears in 1 contract
Samples: HappyNest REIT, Inc.
Admission of Successor General Partner. (a) a. (i) A successor to all of the General Partner Interest pursuant to Section Article 11 hereof who is proposed to be admitted as a successor General Partner shall be admitted to the Partnership as the General Partner, effective immediately following such transfer and the admission of such successor General Partner as a general partner of the Partnership upon the satisfaction of the terms and conditions set forth in Section 12.1(b).
Appears in 1 contract
Admission of Successor General Partner. (a) (i) A successor to all of the General Partner Interest pursuant to Section Sec tion 11 hereof who is proposed to be admitted as a successor General Partner shall be admitted to the Partnership as the General Partner, effective immediately following such transfer and the admission of such successor General Partner as a general partner of the Partnership upon the satisfaction of the terms and conditions set forth in Section 12.1(b).
Appears in 1 contract
Samples: Tower Realty Trust Inc
Admission of Successor General Partner. (a) (ia)(i) A successor to all of the General Partner Interest pursuant to Section 11 hereof who is proposed to be admitted as a successor General Partner shall be admitted to the Partnership as the General Partner, effective immediately following such transfer and the admission of such successor General Partner as a general partner of the Partnership upon the satisfaction of the terms and conditions set forth in Section 12.1(b).
Appears in 1 contract
Samples: Exchange Rights Agreement (Independence Realty Trust, Inc)
Admission of Successor General Partner. (as) (i%4) A successor to all of the General Partner Interest pursuant to Section Article 11 hereof who is proposed to be admitted as a successor General Partner shall be admitted to the Partnership as the General Partner, effective immediately following such transfer Transfer and the 47346570v6 admission of such successor General Partner as a general partner of the Partnership upon the satisfaction of the terms and conditions set forth in Section 12.1(b).
Appears in 1 contract
Samples: Agreement (American Realty Capital New York City REIT II, Inc.)