Loans by Third Parties. The General Partner, on behalf of the Partnership, may obtain any Additional Funds by causing the Partnership to incur Debt to any Person (other than the General Partner) upon such terms as the General Partner determines appropriate, including making such Debt convertible, redeemable or exchangeable for Partnership Units or REIT Shares; provided, however, that the Partnership shall not incur any such Debt if any Partner (or any Affiliate, partner, member, stockholder, principal, director, officer, adviser, beneficiary or trustee of any Partner) would be personally liable for the repayment of such Debt (unless such Partner or other affected Person otherwise agrees in writing).
Appears in 10 contracts
Samples: Limited Partnership Agreement (Hudson Pacific Properties, L.P.), Limited Partnership Agreement (Hudson Pacific Properties, L.P.), Agreement of Limited Partnership (Hudson Pacific Properties, L.P.)
