Common use of Contributions by the General Partner and its Affiliates Clause in Contracts

Contributions by the General Partner and its Affiliates. (a) On the Closing Date and pursuant to the Contribution and Conveyance Agreement, the General Partner and its Affiliates made Capital Contributions in accordance with Section 5.2(a) of the Partnership Agreement. (b) Upon the issuance of any additional Limited Partner Interests by the Partnership (other than the issuance of Limited Partner Interests pursuant to the Underwriting Agreement), the General Partner shall be required to make additional Capital Contributions equal to 2/98ths of any amount contributed to the Partnership by the Limited Partners in exchange for such additional Limited Partner Interests. Except as set forth in the immediately preceding sentence and Article XII, the General Partner shall not be obligated to make any additional Capital Contributions to the Partnership.

Contributions by the General Partner and its Affiliates. (a) On or prior to the Closing Date and pursuant to the Contribution and Conveyance Agreement, (i) the General Partner and its Affiliates made Capital Contributions in accordance with Section 5.2(a) of conveyed to the Partnership Agreement$1,000.00 in exchange for the Incentive Distribution Rights, and (ii) the Organizational Limited Partner contributed to the Partnership its limited partner interest in the Operating Partnership as a Capital Contribution. (b) Upon the issuance of any additional Limited Partner Partnership Interests by the Partnership (other than the issuance of Limited Partner Interests pursuant to the Underwriting Agreement)Partnership, the General Partner shall be required to make additional Capital Contributions equal to 2/98ths of any amount contributed to the Partnership by the Limited Partners Persons in exchange for such additional Limited Partner Partnership Interests. Except as set forth in the immediately preceding sentence and Article XII, the General Partner shall not be obligated to make any additional Capital Contributions to the Partnership.

Contributions by the General Partner and its Affiliates. (a) On As of the Closing Date and pursuant to the Contribution and Conveyance date of this Agreement, the Incentive Distribution Rights that were held by the General Partner and its Affiliates made Capital Contributions in accordance with Section 5.2(a) were outstanding prior to the execution of this Agreement were contributed to the Partnership Agreementfor no consideration. Effective immediately following such contribution, the Incentive Distribution Rights shall be cancelled and no longer exist. (b) Upon the issuance of any additional Limited Partner Interests by the Partnership (other than the issuance of Limited Partner Interests pursuant to the Underwriting Agreement)Partnership, the General Partner shall be required to make additional Capital Contributions equal to 2/98ths of any amount contributed to the Partnership by the Limited Partners in exchange for such additional Limited Partner Interests. Except as set forth in the immediately preceding sentence and Article XII, the General Partner shall not be obligated to make any additional Capital Contributions to the Partnership.