Limited Partner Contributions. At and as of the Time of Delivery, each underwriting firm which entered into an underwriting agreement with the Partnership contributed to the Partnership, in exchange for the number of LP Units specified therein an amount in cash equal to the Issue Price for such LP Units (as specified in such underwriting agreement) multiplied by the number of LP Units being so purchased.
Limited Partner Contributions. The Capital Contribution of each Limited Partner is the subscription price for Units paid or agreed to be paid by the Limited Partner, as determined from time to time by the Partnership GP. No Limited Partner is required to make additional Capital Contributions to the Partnership over and above the purchase price paid for such Limited Partner’s Units.
Limited Partner Contributions. The General Partners are authorized and directed to raise capital for the Partnership as provided in the Prospectus by offering and selling not more than an aggregate of eleven million (11,000,000) Units to Limited Partners as follows:
(a) Each Unit shall be issued for a purchase price of ten dollars ($10.00) less any discounts authorized in the Prospectus.
(b) Except as set forth below, the minimum purchase of either class or combination of Units shall be one hundred (100) Units (or such greater minimum number of Units as may be required under applicable state or federal laws). Except in certain states, subscribers who have satisfied the minimum purchase requirements and have purchased units in Prior Behringer Harvard Public Programs or units or shares of other public real estate programs may purchase less than the minimum number of Units described above, but in no event less than two and one-half (2.5) Units. In addition, after subscribers have satisfied the minimum purchase requirements, the minimum additional investment in the Partnership shall not be less than two and one-half (2.5) Units. Fractional Units may be sold at the discretion of the General Partners. Notwithstanding the foregoing, the provisions set forth above relating to the minimum number of Units which may be purchased shall not apply to purchases of Units pursuant to the Distribution Reinvestment Plan described in Section 8.15 hereof or a qualified Distribution Reinvestment Plan authorized by the partnership agreement of one of the Prior Behringer Harvard Public Programs or reinvestment plans of other public real estate programs.
(c) The General Partners may refuse to accept subscriptions for Units and contributions tendered therewith for any reason whatsoever.
(d) Each Unit sold to a subscriber shall be fully paid and nonassessable. The General Partners are further authorized to cause the Partnership to issue additional Units to Limited Partners pursuant to the terms of any plan of merger, plan of exchange or plan of conversion adopted by the Partnership pursuant to the provisions of Section 11.5 hereof.
Limited Partner Contributions. The Capital Contribution of each Limited Partner, giving effect to the transactions described in Section 3.2, will be set out in the Record and the Declaration of the Partnership.
Limited Partner Contributions. 24 4.5 ACCOUNTS........................................................ 24 4.6
Limited Partner Contributions. (i) On January 15, 2021, pursuant to the Contribution Agreement, JSTX previously contributed to the Partnership, as a Capital Contribution, cash in exchange for the 17,142,857 Common Units.
(ii) On January 15, 2021, pursuant to the Asset Contribution Agreement, RCR previously contributed to the Partnership, as a Capital Contribution, the Assets in exchange for 5,405,252 Common Units.
(iii) Subsequent to January 15, 2021, an additional 889 Common Units were issued to RCR pursuant to post-closing adjustments to the purchase price in accordance with the Asset Contribution Agreement.
Limited Partner Contributions. (a) Pursuant to the Exchange Offer, contributions will be made to the capital of the Partnership by Limited Partners in the form of Interests. The Partnership has authorized up to 8,000,000 Units to be issued to the Limited Partners in the Exchange Offer or to be issued as otherwise provided in this Agreement. Each person who makes such a contribution shall be admitted as a Limited Partner and shall be issued one Unit for each $10.00 of Exchange Value of the Interests contributed by him. The Exchange Value of the contributions to capital made by, and the number of Units issued to, each initial Limited Partner are set forth in the Limited Partnership Agreement. At the time of such contribution, the Partnership shall assume the liabilities attributable to the Interests as provided in the Final Prospectus. Units issued pursuant to this Section shall be deemed for all purposes of the Agreement to be issued to a Limited Partner as of the Closing Date.
(b) Upon completion of the Recalculation, the Partnership shall issue additional Units to each Limited Partner entitled thereto as a result of the Recalculation. The number of Units issued to each such Limited Partner shall be equal to the amount, if any, allocated pursuant to the Recalculation to the Interests contributed by such Limited Partner, divided by $10.00.
(c) No fractional Units shall be issued pursuant to this Section 4.2; instead each fractional Unit shall be rounded to the nearest whole Unit.
Limited Partner Contributions. The Limited Partner shall contribute the MIC Transferred Assets to the Partnership in exchange for the entire Limited Partnership Interest.
Limited Partner Contributions. The General Partner is authorized and directed to raise capital for the Partnership as provided in the Prospectus by offering and selling not more than an aggregate of seventeen million five hundred thousand (17,500,000) Units to Limited Partners pursuant to the Offering and by offering and selling additional Units to Limited Partners, in an amount to be determined at the sole discretion of the General Partner, in any subsequent offering of Units to the public pursuant to a Distribution Reinvestment Plan registered pursuant to a Registration Statement as follows:”
Limited Partner Contributions. (a) No later than fifteen (15) calendar days after the execution of this Agreement, MBI will contribute to the Partnership cash in the amount of Eight Hundred Ninety-one Thousand Dollars ($891,000) and BPOW will contribute In-Kind Property having a fair value of Ninety-nine Thousand Dollars ($99,000.00) (each such contribution being herein called an "Initial Capital Contribution").
(b) BPOW and MBI each agree to make additional capital contributions to the Partnership as provided in Section 3.3 below (the "Additional Capital Contributions"). The Initial Capital Contributions and the Additional Capital Contributions are collectively called the "Capital Contributions".
