Common use of Issuances of Partnership Interests Clause in Contracts

Issuances of Partnership Interests. If the Partnership issues Partnership Interests pursuant to Article IV, the General Partner shall make such revisions to this Article VI and the Partner Registry in the books and records of the Partnership as it deems necessary to reflect the terms of the issuance of such Partnership Interests, including making preferential allocations to classes of Partnership Interests that are entitled thereto. Such revisions shall not require the consent or approval of any other Partner.

Appears in 11 contracts

Samples: Limited Partnership Agreement (Freehold Properties, Inc.), Limited Partnership Agreement (Broad Street Realty, Inc.), Agreement of Limited Partnership (Steadfast Apartment REIT, Inc.)

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Issuances of Partnership Interests. If the Partnership issues Partnership Interests pursuant to Article IVARTICLE IV hereof, the General Partner shall make such revisions to this Article ARTICLE VI and the Partner Registry in the books and records of the Partnership as it deems necessary to reflect the terms of the issuance of such Partnership Interests, including making preferential allocations to classes of Partnership Interests that are entitled thereto. Such revisions shall not require the consent or approval of any other Partner.

Appears in 1 contract

Samples: Limited Partnership Agreement (Great Ajax Corp.)

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