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 86 contracts
Samples: Limited Partnership Agreement (Creative Media & Community Trust Corp), Limited Partnership Agreement (Lineage, Inc.), Limited Partnership Agreement (Lineage, 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: Limited Partnership Agreement (Perella Weinberg Partners), Agreement of Exempted Limited Partnership (WeWork Inc.), Agreement of Exempted Limited Partnership (BowX Acquisition Corp.)
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: Limited Partnership Agreement (Hannon Armstrong Sustainable Infrastructure Capital, Inc.), Agreement of Limited Partnership, Limited Partnership Agreement (Ready Capital 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: Limited Partnership Agreement (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: Limited Partnership Agreement (Empire State Realty OP, L.P.), Limited Partnership Agreement (Empire State Realty Trust, Inc.), Limited Partnership Agreement (Empire State Realty Trust, 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 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: Limited Partnership Agreement (Blue Owl Capital Inc.), Limited Partnership Agreement (Blue Owl Capital Inc.), Limited Partnership Agreement (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: Agreement of Limited Partnership (Hammons John Q Hotels Inc), Limited Partnership Agreement (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: Limited Partnership Agreement (Federal Realty OP LP), Limited Partnership Agreement (Federal Realty OP LP)
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: Agreement of Limited Partnership (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 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: Agreement of Limited Partnership (Schottenstein Realty Trust, Inc.)
Limit on Number of Partners. Unless Notwithstanding any provision in this Agreement to the contrary, unless otherwise permitted by the Managing 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 company, 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: Limited Partnership Agreement (Five Point Holdings, LLC)
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
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
Samples: Limited Partnership Agreement (Preston Hollow Community Capital, 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
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
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: Limited Partnership Agreement (Westfield America Inc)