Limit on Number of Partners. Unless otherwise permitted by the General Partner in its sole and absolute discretion, no Person shall be admitted to the Partnership as an Additional Limited Partner if the effect of such admission would be to cause the Partnership to have a number of Partners that would cause the Partnership to become a reporting company under the Exchange Act.
Appears in 84 contracts
Samples: Agreement (Lineage, Inc.), Agreement (Creative Media & Community Trust Corp), Agreement (STAG Industrial, Inc.)
Limit on Number of Partners. Unless otherwise permitted by the General Partner in its sole and absolute discretionPartner, no Person shall be admitted to the Partnership as an Additional Limited Partner if the effect of such admission would be to cause the Partnership to have a number of Partners (including as Partners for this purpose those Persons indirectly owning an interest in the Partnership through another partnership, a limited liability company, a subchapter S corporation or a grantor trust) that would cause the Partnership to become a reporting company under the Exchange Act.
Appears in 47 contracts
Samples: Agreement (Perella Weinberg Partners), Business Combination Agreement (FinTech Acquisition Corp. IV), Perella Weinberg Partners
Limit on Number of Partners. Unless otherwise permitted by the General Partner in its sole and absolute discretionPartner, no Person shall be admitted to the Partnership as an Additional Limited Partner if the effect of such admission would be to cause the Partnership to have a number of Partners that would cause the Partnership to become a reporting company under the Exchange Act.
Appears in 28 contracts
Samples: Agreement (Hannon Armstrong Sustainable Infrastructure Capital, Inc.), Merger Agreement (Ready Capital Corp), Merger Agreement (ZAIS Financial Corp.)
Limit on Number of Partners. Unless otherwise permitted by the Managing General Partner in its sole and absolute discretion, no Person shall be admitted to the Partnership as an Additional Limited Partner if the effect of such admission would be to cause the Partnership to have a number of Partners that would cause the Partnership to become a reporting company under the Exchange Act.
Appears in 8 contracts
Samples: Hartman Short Term Income Properties XX, Inc., Contribution Agreement (Welsh Property Trust, Inc.), Contribution Agreement (Welsh Property Trust, Inc.)
Limit on Number of Partners. Unless Except if Partnership Units are listed on a National Securities Exchange or unless otherwise permitted by the General Partner in its sole and absolute discretionPartner, no Person shall be admitted to the Partnership as an Additional Limited Partner if the effect of such admission would be to cause the Partnership to have a number of Partners that would cause the Partnership to become a reporting company under the Exchange Act.
Appears in 4 contracts
Samples: First (Empire State Realty OP, L.P.), First (Empire State Realty Trust, Inc.), Empire State Realty OP, L.P.
Limit on Number of Partners. Unless otherwise permitted by the General Partner in its sole and absolute discretionPartner, no Person shall be admitted to the Partnership as an Additional Limited Partner if the effect of such admission would be to either cause the Partnership to have a number of Partners (including as Partners for this purpose those Persons indirectly owning an interest in the Partnership through another partnership, a limited liability company, a subchapter S corporation or a grantor trust) that would cause the Partnership to become a reporting company under the Exchange Act.
Appears in 4 contracts
Samples: Blue Owl Capital Inc., Blue Owl Capital Inc., Blue Owl Capital Inc.
Limit on Number of Partners. Unless otherwise permitted by the General Partner in its sole Sole and absolute discretionAbsolute Discretion, no Person shall be admitted to the Partnership as an Additional Limited Partner if the effect of such admission would be to cause the Partnership to have a number of Partners (including as Partners for this purpose those Persons indirectly owning an interest in the Partnership through another partnership, a limited liability company, a subchapter S corporation or a grantor trust) that would cause the Partnership to become a reporting company under the Exchange Act.
Appears in 2 contracts
Samples: Hammons John Q Hotels Inc, Hammons John Q Hotels Inc
Limit on Number of Partners. Unless otherwise permitted by the General Partner in its sole and absolute discretion, no Person shall be admitted to the Partnership as an Additional Limited Partner if the effect of such admission would be to cause the Partnership to have a number of Partners that would cause the Partnership to become or remain a reporting company under the Exchange Act.
Appears in 2 contracts
Samples: Agreement (Federal Realty OP LP), Agreement (Federal Realty OP LP)
Limit on Number of Partners. Unless otherwise permitted by the General Partner in its sole and absolute discretionPartner, no Person shall be admitted to the Partnership as an Additional Limited Partner if the effect of such admission would be to cause General Partner is advised by counsel that there is a significant risk that the Partnership may be deemed to have a number of Partners that would cause require the Partnership to become a reporting company under the Exchange Act.
Appears in 1 contract
Samples: Schottenstein Realty Trust, Inc.
Limit on Number of Partners. Unless otherwise permitted by the Managing General Partner in its sole and absolute discretion, no Person shall be admitted to the Partnership as an Additional Limited Partner if the effect of such admission would be to cause the Partnership to have a number of Partners (including as Partners for this purpose those Persons indirectly owning an interest in the Partnership through another partnership, a limited liability company, a subchapter S corporation or a grantor trust) that would cause the Partnership to become a reporting company under the Exchange Act.
Appears in 1 contract
Samples: Global Signal Inc
Limit on Number of Partners. Unless otherwise permitted Except as approved by the General Partner in its sole and absolute discretion, no Person shall be admitted to the Partnership as an Additional Limited a Substituted Partner if the effect of such admission would be to cause the Partnership to have more than 500 Partners, including as Partners for this purpose those Persons indirectly owning an interest in the Partnership through another partnership, subchapter S corporation or a number of Partners that would grantor trust, or otherwise cause the Partnership to become a reporting company under the Exchange Act.
Appears in 1 contract
Samples: Pan Pacific Retail Properties Inc
Limit on Number of Partners. Unless otherwise permitted by the General Partner in its sole and absolute discretionPartner, no Person shall be admitted to the Partnership as an Additional Limited Partner if the effect of such admission would be to cause the Partnership to have a number of Partners (including as Partners for this purpose those Persons indirectly owning an interest in the Partnership through another partnership, a limited liability company, a subchapter S corporation or a grantor trust) that would cause the Partnership to become a reporting company under the Exchange Act.. 77
Appears in 1 contract
Samples: Northstar Realty
Limit on Number of Partners. Unless otherwise permitted by the REIT General Partner in its sole and absolute discretionPartner, no Person shall be admitted to the Partnership as an Additional Limited Partner if the effect of such admission would be to cause the Partnership to have a number of Partners that would cause the Partnership to become a reporting company under the Exchange Act.
Appears in 1 contract
Samples: Joinder Agreement (Etre Reit, LLC)
Limit on Number of Partners. Unless otherwise --------------------------- permitted by the Managing General Partner in its sole and absolute discretion, no Person shall be admitted to the Partnership as an Additional Limited Partner if the effect of such admission would be to cause the Partnership to have a number of Partners (including as Partners for this purpose those Persons indirectly owning an interest in the Partnership through another partnership, a limited liability company, a subchapter S corporation or a grantor trust) that would cause the Partnership to become a reporting company under the Exchange Act.
Appears in 1 contract
Samples: Westfield America Inc
Limit on Number of Partners. Unless otherwise permitted by the General Partner in its sole and absolute discretionPartner, no Person person shall be admitted to the Partnership as an Additional Limited Partner if the effect of such admission would be to cause the Partnership to have a number of Partners that would cause the Partnership to become a reporting company under the Exchange Act.
Appears in 1 contract