Common use of Classes of Partnership Interests Clause in Contracts

Classes of Partnership Interests. From and after the date hereof, subject to Section 4.02.A above, the Partnership shall have two classes of Partnership Interests, entitled the “Class A Interest,” (represented by Class A Units) and the “Class B Interest.” Class A Units or new classes of Partnership Interests may be issued to newly admitted Partners in exchange for the contribution by such Partners of cash, real estate partnership interests, stock, notes or other assets or consideration.

Classes of Partnership Interests. From and after the date hereof, subject to Section 4.02.A 4.02(a) above, the Partnership shall have two classes of Partnership Interests, entitled the “Class A Interest,” (represented by Class A Units) and the “Class B Interest.” Class A Units or new classes of Partnership Interests may be issued to newly admitted Partners in exchange for the contribution by such Partners of cash, real estate partnership interests, stock, notes or other assets or consideration.

Classes of Partnership Interests. From and after the date hereofEffective Date, subject to Section 4.02.A above, the Partnership shall have two classes of Partnership Interests, entitled the “Class A Interest,” (represented by Class A Units) and the “Class B Interest.” Class A Units or new classes of Partnership Interests may be issued to newly admitted Partners in exchange for the contribution by such Partners of cash, real estate partnership interests, stock, notes or other assets or consideration.

Classes of Partnership Interests. From and after the date hereofEffective Date, subject to Section 4.02.A above, the Partnership shall have two three classes of Partnership Interests, entitled the “Class A Interest,” (represented by Class A Units) ), the “Class B Interest” and the “Class B C Interest.” Class A Units or new classes of Partnership Interests may be issued to newly admitted Partners in exchange for the contribution by such Partners of cash, real estate partnership interests, stock, notes or other assets or consideration.