Capital Account of Transferee. In the event that any Percentage Interest of a Partner is transferred in accordance with the terms of this Agreement, the transferee shall succeed to the Capital Account of the transferor to the extent it relates to the transferred Percentage Interest in such Partner.
Appears in 6 contracts
Samples: Limited Partnership Agreement (Federal Realty Investment Trust), Limited Partnership Agreement (Lexington Realty Trust), Limited Partnership Agreement (Lexington Master Limited Partnership)
Capital Account of Transferee. In the event that any Percentage Interest of a Partner Member is transferred in accordance with the terms of this Agreement, the transferee shall succeed to the Capital Account of the transferor to the extent it relates to the transferred Percentage Interest in such PartnerMember.
Appears in 2 contracts
Samples: Operating Agreement (Lexington Corporate Properties Trust), Limited Liability Company Agreement (Lexington Corporate Properties Trust)
