Common use of Exclusion from the Executive Committee Clause in Contracts

Exclusion from the Executive Committee. During the Default Period for a Defaulting Partner, any Representative appointed by such Defaulting Partner, or by any other Partner that is an Affiliate of such Defaulting Partner, shall no longer be entitled to participate in any way in the affairs of the Executive Committee and shall not be counted toward a quorum.

Appears in 3 contracts

Samples: Industrial Property Trust Inc., Industrial Property Trust Inc., Industrial Property Trust Inc.

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Exclusion from the Executive Committee. During the Default Period for a Defaulting Partner, any Representative members of the Executive Committee appointed by such Defaulting Partner, or by any other Partner that is an Affiliate of such Defaulting Partner, shall no longer be entitled to participate in any way in the affairs of the Executive Committee and shall not be counted toward a quorum.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Industrial Property Trust Inc.), Industrial Property Trust Inc.

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Exclusion from the Executive Committee. During the Default Period for a Defaulting Partner, any Representative appointed by such Defaulting Partner, or by any other Partner that is an Affiliate of such Defaulting Partner, shall no longer be entitled to participate in any way in the affairs of the Executive Committee and shall not be counted toward a quorum.. ​

Appears in 2 contracts

Samples: BLACK CREEK INDUSTRIAL REIT IV Inc., BLACK CREEK INDUSTRIAL REIT IV Inc.

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