Capital Account of Transferee. If any Partnership interest is transferred in accordance with Article VII, the transferee of such interest shall succeed to the Capital Account of the transferor to the extent it relates to the interest transferred, except as provided in Treasury Regulations Section 1.704-1(b).
Appears in 3 contracts
Samples: Limited Partnership Agreement (Mobile Mini Finance, LLC), Limited Partnership Agreement (Mobile Mini Inc), Limited Partnership Agreement (Mobile Storage Group Inc)
Capital Account of Transferee. If any Partnership Company interest is transferred in accordance with Article VII8, the transferee of such interest shall succeed to the Capital Account of the transferor to the extent it relates to the interest transferred, except as provided in Treasury Regulations Section 1.704-1(bl(b).
Appears in 2 contracts
Samples: Operating Agreement, Operating Agreement (KW Victory Land Loan, LLC)
Capital Account of Transferee. If any Partnership Company interest is transferred in accordance with Article VII8, the transferee of such interest shall succeed to the Capital Account of the transferor to the extent it relates to the interest transferred, except as provided in Treasury Regulations Section 1.704-1(b).
Appears in 1 contract
Samples: Operating Agreement (Kennedy-Wilson Properties (IL))