Consent of General Partner. No Limited Partner shall have the right to substitute a transferee as a Limited Partner in its place without the consent of the General Partner to the admission of a transferee of the interest of a Limited Partner pursuant to this Section 11.04 as a Substituted Limited Partner, which consent may be given or withheld by the General Partner in its sole and absolute discretion. The General Partner’s failure or refusal to permit a transferee of any such interests to become a Substituted Limited Partner shall not give rise to any cause of action against the Partnership or any Partner.
Appears in 5 contracts
Samples: Agreement (Cb Richard Ellis Realty Trust), Agreement (Cb Richard Ellis Realty Trust), Cb Richard Ellis Realty Trust
Consent of General Partner. No Limited Partner shall have the right to substitute a transferee as a Limited Partner in its place without the consent of the General Partner to the admission of a transferee of the interest of a Limited Partner pursuant to this Section 11.04 11.4 as a Substituted Limited Partner, which consent may be given or withheld by the General Partner in its sole and absolute discretion. The General Partner’s failure or refusal to permit a transferee of any such interests to become a Substituted Limited Partner shall not give rise to any cause of action against the Partnership or any Partner.
Appears in 4 contracts
Samples: CBL & Associates Limited Partnership, CBL & Associates Limited Partnership, Agreement (First Union Real Estate Equity & Mortgage Investments)
Consent of General Partner. No Limited Partner shall have the right to substitute a transferee as a Limited Partner in its place without the consent of the General Partner to the admission of a transferee of the interest of a Limited Partner pursuant to this Section 11.04 as a Substituted Limited Partner, which consent may be given or withheld by the General Partner in its sole and absolute discretion. The General Partner’s failure or refusal to permit a transferee of any such interests to become a Substituted Limited Partner shall not give rise to any cause of action against the Partnership or any Partner; provided that a transfer which does not require consent of the General Partner under Section 11.03A shall not require the General Partner’s consent under this section.
Appears in 4 contracts
Samples: Gramercy Property Trust Inc., Gramercy Capital Corp, Gramercy Capital Corp
Consent of General Partner. No Limited Partner shall have the right to substitute a transferee as a Limited Partner in its place without the consent of the place. The General Partner shall, however, have the right to consent to the admission of a transferee of the interest of a Limited Partner pursuant to this Section 11.04 11.4 as a Substituted Limited Partner, which consent may be be, given or withheld by the General Partner in its sole and absolute discretion. The General Partner’s failure or refusal to permit a transferee of any such interests to become a Substituted Limited Partner shall not give rise to any cause of action against the Partnership or any Partner.
Appears in 2 contracts
Samples: Host Hotels & Resorts L.P., Host Hotels & Resorts, Inc.
Consent of General Partner. No Limited Partner shall have the right to substitute a transferee as a Limited Partner in its place without the consent of the General Partner to the admission of a transferee of the interest of a Limited Partner pursuant to this Section 11.04 as a Substituted Limited Partner, which consent may be given or withheld by the General Partner in its sole and absolute discretion. The General Partner’s failure or refusal to permit a transferee of any such interests to become a Substituted Limited Partner shall not give rise to any cause of action against the Partnership or any Partner; provided that a transfer which does not require consent of the General Partner under Section 11.03.A shall not require the General Partner’s consent under this section.
Appears in 2 contracts
Samples: Fourth (Gramercy Property Trust Inc.), Gramercy Property Trust
Consent of General Partner. No Limited Partner shall have the right to substitute a transferee as a Limited Partner in its place without the consent of the General Partner to the admission of a transferee of the interest of a Limited Partner pursuant to this Section 11.04 11.4 as a Substituted Limited Partner, which consent may be given or withheld by the General Partner in its sole and absolute discretion. The General Partner’s 's failure or refusal to permit a transferee of any such interests to become a Substituted Limited Partner shall not give rise to any cause of action against the Partnership or any Partner.
Appears in 2 contracts
Samples: Sl Green Realty Corp, Sl Green Realty Corp
Consent of General Partner. No Limited Partner shall have the -------------------------- right to substitute a transferee as a Limited Partner in its place without the consent of the place. The General Partner shall, however, have the right to consent to the admission of a transferee of the interest of a Limited Partner pursuant to this Section 11.04 11.4 as a Substituted Limited Partner, which consent may be be, given or withheld by the General Partner in its sole and absolute discretion. The General Partner’s 's failure or refusal to permit a transferee of any such interests to become a Substituted Limited Partner shall not give rise to any cause of action against the Partnership or any Partner.
Appears in 2 contracts
Samples: Host Marriott L P, Host Marriott Trust
Consent of General Partner. No Limited Partner shall have the right to substitute a transferee as a Limited Partner in its place without (whether or not the consent transfer of the Limited Partner's Partnership Interest is permitted under Section 11.2). The General Partner shall, however, have the right to consent to the admission of a transferee of the interest of a Limited Partner pursuant to this Section 11.04 11.3 as a Substituted Limited Partner, which consent may be given or withheld by the General Partner in its sole and absolute discretiondiscretion and for any reason or no reason. The General Partner’s 's failure or refusal to permit a transferee of any such interests to become a Substituted Limited Partner shall not give rise to any cause of action against the Partnership or any Partner.
Appears in 1 contract
Consent of General Partner. No Limited Partner shall have the right to substitute a transferee as a Limited Partner in its place without (whether or not the consent transfer of the Limited Partner's Partnership Interest is permitted under Section 11.2). The General Partner shall, however, have the right to consent to the admission of a transferee of the interest of a Limited Partner pursuant to this Section 11.04 11.3 as a Substituted Limited Partner, which consent may shall not be given or unreasonably withheld by the General Partner in its sole and absolute discretionPartner. The General Partner’s 's failure or refusal to permit a transferee of any such interests to become a Substituted Limited Partner shall not give rise to any cause of action against the Partnership or any Partner.
Appears in 1 contract
Consent of General Partner. No Limited Partner shall have the right to substitute a transferee as a Limited Partner in its place without (whether or not the consent transfer of the Limited Partner's Partnership Interest is permitted under Section 11.3). The General Partner shall, however, have the right to consent to the admission of a transferee of the interest of a Limited Partner pursuant to this Section 11.04 11.4 as a Substituted Limited Partner, which consent may be given or withheld by the General Partner in its sole and absolute discretiondiscretion and for any reason or no reason. The General Partner’s 's failure or refusal to permit a transferee of any such interests to become a Substituted Limited Partner shall not give rise to any cause of action against the Partnership or any Partner.
Appears in 1 contract
Samples: Camden Property Trust
Consent of General Partner. No Limited Partner shall have the right to substitute a transferee as a Limited Partner in its place without the consent of the General Partner to the admission of a transferee of the interest of a Limited Partner pursuant to this Section 11.04 as a Substituted Limited Partner, which consent may be given or withheld by the General Partner in its sole and absolute discretion. The General Partner’s 's failure or refusal to permit a transferee of any such interests to become a Substituted Limited Partner shall not give rise to any cause of action against the Partnership or any Partner.
Appears in 1 contract
Samples: Gramercy Capital Corp
Consent of General Partner. No Limited Partner shall have the right to substitute a transferee as a Limited Partner in its place without the consent of the his place. The General Partner shall, however, have the right to consent to the admission of a transferee of the interest of a Limited Partner pursuant to this Section 11.04 as a Substituted Limited Partner, which consent may be given or withheld by the General Partner in its sole and absolute discretion. The General Partner’s failure or refusal to permit a transferee of any such interests to become a Substituted Limited Partner shall not give rise to any cause of action against the Partnership or any Partner.
Appears in 1 contract
Samples: Lexington Strategic Asset Corp
Consent of General Partner. No Limited Partner shall have the right to substitute a transferee as a Limited Partner in its place without the consent of the place. The General Partner shall, however, have the right to consent to the admission of a transferee of the interest of a Limited Partner pursuant to this Section 11.04 as a Substituted Limited Partner, which consent may be given or withheld by the General Partner in its sole and absolute discretion. The General Partner’s failure or refusal to permit a transferee of any such interests to become a Substituted Limited Partner shall not give rise to any cause of action against the Partnership or any Partner.HB 1460346
Appears in 1 contract
Samples: Host Hotels & Resorts L.P.
Consent of General Partner. No Limited Partner shall have the right to substitute a transferee as a Limited Partner in its place without the consent of the General Partner to the admission of a transferee of the interest of a Limited Partner pursuant to this Section 11.04 11.4 as a Substituted Limited Partner, which consent may be given or withheld by the General Partner in its sole and absolute discretion. The General Partner’s 's failure or refusal to permit a transferee of any such interests to become a Substituted Limited Partner shall not give rise to any cause of action against the Partnership or any Partner.
Appears in 1 contract
Samples: Sl Green Realty Corp