Common use of General Partner Expenses Clause in Contracts

General Partner Expenses. Subject to Section 6.4(c), the General Partner shall be responsible for all the overhead expenses of performing the duties as described in Section 6.3(a), including without limitation, compensation for its employees, rent, utilities and other general internal expenses. The costs of forming the Partnership were funded in accordance with the A&R Partnership Agreement.

Appears in 3 contracts

Samples: Limited Partnership Agreement (BLACK CREEK INDUSTRIAL REIT IV Inc.), Limited Partnership Agreement (Industrial Property Trust Inc.), Limited Partnership Agreement (Industrial Property Trust Inc.)

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General Partner Expenses. Subject to Section 6.4(c), the General Partner shall be responsible for all the overhead expenses of performing the duties as described in Section 6.3(a), including without limitation, compensation for its employees, rent, utilities and other general internal expenses. The costs of forming the Partnership were shall be funded by the Partners, pro rata, in accordance with the A&R Partnership Agreementtheir respective Percentage Interests.

Appears in 2 contracts

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

General Partner Expenses. Subject to Section 6.4(c), the General Partner shall be responsible for all the overhead expenses of performing the duties as described in Section 6.3(a), including without limitation, compensation for its employees, rent, utilities and other general internal expenses. The Each Partner shall bear its own costs of forming the Partnership were funded Partnership, including without limitation, legal fees incurred in accordance connection with the A&R Partnership Agreementpreparation and negotiation this Agreement and related documents.

Appears in 1 contract

Samples: Limited Partnership Agreement (Industrial Property Trust Inc.)

General Partner Expenses. Subject to Section 6.4(c), the General Partner shall be responsible for all the overhead expenses of performing the duties as described in Section 6.3(a), including without limitation, compensation for its employees, rent, utilities and other general internal expenses. The costs of forming the Partnership were funded in accordance with the A&R Partnership Agreement.in

Appears in 1 contract

Samples: Limited Partnership Agreement (Industrial Income Trust Inc.)

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General Partner Expenses. Subject to Section 6.4(c), the General Partner shall be responsible for all the overhead expenses of performing the duties as described in Section 6.3(a), including without limitation, compensation for its employees, rent, utilities and other general internal expenses. The Each Partner shall bear its own costs of forming the Partnership were funded Partnership, including without limitation, legal fees incurred in accordance connection with the A&R Partnership Agreement.preparation and negotiation this Agreement and related documents. ​

Appears in 1 contract

Samples: Limited Partnership Agreement (BLACK CREEK INDUSTRIAL REIT IV Inc.)

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