Common use of General Partner Expenses and Liabilities Clause in Contracts

General Partner Expenses and Liabilities. A. All costs and expenses incurred by the General Partner in connection with its activities as the General Partner hereunder, all costs and expenses incurred by the General Partner in connection with its continued corporate existence, qualification as a Real Estate Investment Trust under the Code and otherwise, and all other liabilities incurred or suffered by the General Partner in connection with the pursuit of its business and affairs as contemplated hereunder and in connection with its activities as the General Partner hereunder, shall be paid (or reimbursed to the General Partner, if paid by the General Partner) by the Partnership.

Appears in 2 contracts

Samples: Limited Partnership Agreement (Acadia Realty Trust), Partnership Agreement (Acadia Realty Trust)

AutoNDA by SimpleDocs

General Partner Expenses and Liabilities. A. All costs and expenses incurred by the General Partner in connection with its activities as the General Partner hereunder, all costs and expenses incurred by the General Partner in connection with its continued corporate existence, qualification as a Real Estate Investment Trust "qualified REIT subsidiary" under the Code and otherwise, and all other liabilities incurred or suffered by the General Partner in connection with the pursuit of its business and affairs as contemplated hereunder and in connection with its activities as the General Partner hereunderherewith, shall be paid (or reimbursed to the General Partner, if paid by the General Partner) by the Partnership.

Appears in 1 contract

Samples: Manufactured Home Communities Inc

AutoNDA by SimpleDocs

General Partner Expenses and Liabilities. A. All costs and expenses incurred by the General Partner in connection with its activities as the General Partner hereunder, all costs and expenses incurred by the General Partner Company in connection with its continued corporate existence, qualification as a Real Estate Investment Trust real estate investment trust under the Code and otherwise, and all other liabilities incurred or suffered by the General Partner in connection with the pursuit of its business and affairs as contemplated hereunder and in connection with its activities as the General Partner hereunderherewith, shall be paid (or reimbursed to the General PartnerPartner or the Company, if paid by the General PartnerPartner or the Company) by the Partnership.

Appears in 1 contract

Samples: Maxus Realty Trust Inc

Time is Money Join Law Insider Premium to draft better contracts faster.