Common use of Minimum Limited Partnership Interest Clause in Contracts

Minimum Limited Partnership Interest. In the event that either a redemption pursuant to Section 8.5 hereof or additional Capital Contributions by the General Partner would result in the Limited Partners, in the aggregate, owning less than the Minimum Limited Partnership Interest, the General Partner and the Limited Partners (other than the Limited Partners that own only Special Partnership Units) shall form another partnership and contribute sufficient Limited Partnership Interests (other than Special Partnership Units) together with such other Limited Partners so that the limited partners of such partnership own at least the Minimum Limited Partnership Interest.

Appears in 14 contracts

Samples: Limited Partnership Agreement (Dividend Capital Total Realty Trust Inc.), Limited Partnership Agreement (Dividend Capital Total Realty Trust Inc.), Limited Partnership Agreement (Dividend Capital Total Realty Trust Inc.)

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Minimum Limited Partnership Interest. In the event that either a redemption pursuant to Section 8.5 hereof or additional Capital Contributions by the General Partner would result in the Limited Partners, in the aggregate, owning less than the Minimum Limited Partnership Interest, the General Partner and the Limited Partners (other than the Limited Partners that own only Special Partnership Units) shall form another partnership and contribute sufficient Limited Partnership Interests (other than Special Partnership Units) together with such other Limited Partners so that the limited partners of such partnership own at least the Minimum Limited Partnership Interest.

Appears in 10 contracts

Samples: Limited Partnership Agreement (Ares Real Estate Income Trust Inc.), Limited Partnership Agreement (Ares Real Estate Income Trust Inc.), Limited Partnership Agreement (Black Creek Diversified Property Fund Inc.)

Minimum Limited Partnership Interest. In the event that either a redemption pursuant to Section 8.5 hereof 8.05 or additional Capital Contributions by the General Partner and the Original Limited Partner would result in the Limited PartnersPartners (other than the Original Limited Partner), in the aggregate, owning less than the Minimum Limited Partnership Interest, the General Partner and the Limited Partners (other than the Original Limited Partners that own only Special Partnership UnitsPartner) shall form another partnership and contribute sufficient Limited Partnership Interests (other than Special Partnership Units) together with such other Limited Partners so that the limited partners of such partnership Limited Partners (other than the Original Limited Partner), in the aggregate, own at least the Minimum Limited Partnership Interest.

Appears in 5 contracts

Samples: Partnership Interest Purchase and Exchange Agreement (United Dominion Realty Trust Inc), United Dominion Realty Trust Inc, United Dominion Realty Trust Inc

Minimum Limited Partnership Interest. In the event that either a redemption an exchange pursuant to Section 8.5 8.05 hereof or additional Capital Contributions by the General Partner would result in the Limited Partners, in the aggregate, owning less than the Minimum Limited Partnership Interest, the General Partner and the Limited Partners (other than the Limited Partners that own only Special Partnership Units) shall form another partnership and contribute sufficient Limited Partnership Interests (other than Special Partnership Units) together with such other Limited Partners so that the limited partners of such partnership own at least the Minimum Limited Partnership Interest.

Appears in 4 contracts

Samples: Wells Timberland REIT, Inc., Wells Timberland REIT, Inc., Wells Timber Real Estate Investment Trust, Inc.

Minimum Limited Partnership Interest. In the event that either a redemption an ------------------------------------ exchange pursuant to Section 8.5 8.05 hereof or additional Capital Contributions by the General Partner and the Company would result in the Limited PartnersPartners (other than the Company), in the aggregate, owning less than the Minimum Limited Partnership Interest, the General Partner and/or the Company and the Limited Partners (other than the Limited Partners that own only Special Partnership Units) shall form another partnership and contribute sufficient Limited Partnership Interests (other than Special Partnership Units) together with such other Limited Partners so that the limited partners (other than the Company) of such partnership own at least the Minimum Limited Partnership Interest.

Appears in 3 contracts

Samples: Prentiss Properties Trust/Md, Hudson Hotels Trust, Prentiss Properties Trust/Md

Minimum Limited Partnership Interest. In the event that either a redemption pursuant to Section 8.5 8.05 hereof or additional Capital Contributions by the General Partner would result in the Limited PartnersPartners (other than the General Partner), in the aggregate, owning less than the Minimum Limited Partnership Interest, the General Partner and the Limited Partners (other than the Limited Partners that own only Special Partnership Units) shall form another partnership and contribute sufficient Limited Partnership Interests (other than Special Partnership Units) together with such other Limited Partners so that the limited partners (other than the General Partner) of such partnership own at least the Minimum Limited Partnership Interest.

Appears in 3 contracts

Samples: Hersha Hospitality Trust, Windrose Medical Properties Trust, Hersha Hospitality Trust

Minimum Limited Partnership Interest. In the event that either a redemption pursuant to Section 8.5 hereof 8.05 or additional Capital Contributions by the General Partner and any UDR Partners would result in the Limited Partners (other than the UDR Partners), in the aggregate, owning less than the Minimum Limited Partnership Interest, the General Partner and the Limited Partners (other than the Limited Partners that own only Special Partnership UnitsUDR Partners) shall form another partnership and contribute sufficient Limited Partnership Interests (other than Special Partnership Units) together with such other Limited Partners so that the limited partners of such partnership Limited Partners (other than the UDR Partners), in the aggregate, own at least the Minimum Limited Partnership Interest.

Appears in 2 contracts

Samples: United Dominion Realty L P, UDR, Inc.

Minimum Limited Partnership Interest. In the event that either a redemption pursuant to Section 8.5 8.05 hereof or an additional Capital Contributions Contribution by the General Partner Company would result in all Limited Partners (other than the Company in its capacity as a Limited PartnersPartner), in the aggregate, owning less than the Minimum Limited Partnership Interest, the General Partner and the Limited Partners (other than the Limited Partners that own only Special Partnership Units) shall form another partnership and contribute sufficient Limited Partnership Interests (other than Special Partnership Units) together with such other Limited Partners so that the limited partners of such partnership Limited Partners (other than the Company in its capacity as a Limited Partner) own at least the Minimum Limited Partnership Interest.

Appears in 2 contracts

Samples: Limited Partnership Agreement (Presidential Realty Corp/De/), Capital Automotive Reit

Minimum Limited Partnership Interest. In the event that either a redemption pursuant to Section 8.5 7.4 hereof or additional Capital Contributions by the General Partner would result in the Limited Partners, in the aggregate, owning less than the Minimum Limited Partnership Interest, the General Partner and the Limited Partners (other than the Limited Partners that own only Special Partnership Units) shall form another partnership and contribute sufficient Limited Partnership Interests (other than Special Partnership Units) together with such other Limited Partners so that the limited partners of such partnership own at least the Minimum Limited Partnership Interest.

Appears in 2 contracts

Samples: Boykin Lodging Co, Boykin Lodging Co

Minimum Limited Partnership Interest. In the event that either a redemption pursuant to Section 8.5 8.04 hereof or additional Capital Contributions by the General Partner would result in the Limited PartnersPartners (other than the General Partner), in the aggregate, owning less than the Minimum Limited Partnership Interest, the General Partner and the Limited Partners (other than the Limited Partners that own only Special Partnership Units) shall form another partnership and contribute sufficient Limited Partnership Interests (other than Special Partnership Units) together with such other Limited Partners so that the limited partners (other than the General Partner) of such partnership own at least the Minimum Limited Partnership Interest.

Appears in 2 contracts

Samples: First Potomac Realty Trust, Columbia Equity Trust, Inc.

Minimum Limited Partnership Interest. In the event that either a redemption an exchange pursuant to Section 8.5 8.05 hereof or additional Capital Contributions by the General Partner would result in the Limited Partners, in the aggregate, owning less than the Minimum Limited Partnership Interest, the General Partner and the Limited Partners (other than the Limited Partners that own only Special Partnership Units) shall form another partnership and contribute sufficient Limited Partnership Interests (other than Special Partnership Units) together with such other Limited Partners so that the limited partners of such partnership own at least the Minimum Limited Partnership Interest.

Appears in 2 contracts

Samples: Wells Real Estate Investment Trust Iii Inc, Wells Real Estate Investment Trust Ii Inc

Minimum Limited Partnership Interest. In the event that either a redemption pursuant to Section 8.5 8.04 hereof or additional Capital Contributions by the General Partner Company would result in the Limited PartnersPartners (other than the Company), in the aggregate, owning less than the Minimum Limited Partnership Interest, the General Partner and the Limited Partners (other than the Limited Partners that own only Special Partnership Units) shall form another partnership and contribute sufficient Limited Partnership Interests (other than Special Partnership Units) together with such other Limited Partners so that the limited partners (other than the General Partner) of such partnership own at least the Minimum Limited Partnership Interest.

Appears in 1 contract

Samples: American Financial Realty Trust

Minimum Limited Partnership Interest. In the event that either a redemption an exchange pursuant to Section 8.5 8.4 hereof or additional Capital Contributions by the General Partner would result in the Limited Partners, in the aggregate, owning less than the Minimum Limited Partnership Interest, the General Partner and the Limited Partners (other than the Limited Partners that own only Special Partnership Units) Partner shall form another partnership and contribute sufficient Limited Partnership Interests (other than Special Partnership Units) together with such other Limited Partners so that the limited partners Partners of such partnership Partnership own at least the Minimum Limited Partnership Interest.

Appears in 1 contract

Samples: Limited Partnership Agreement (Americold Realty Trust)

Minimum Limited Partnership Interest. In the event that either a ------------------------------------ redemption pursuant to Section 8.5 8.05 hereof or additional Capital Contributions by the General Partner and the REIT Limited Partner would result in the Limited PartnersPartners (other than the REIT Limited Partner), in the aggregate, owning less than the Minimum Limited Partnership Interest, the General Partner and the Limited Partners (other than the Limited Partners that own only Special Partnership Units) shall form another partnership and contribute sufficient Limited Partnership Interests (other than Special Partnership Units) together with such other Limited Partners so that the limited partners (other than the REIT Limited Partner) of such partnership own at least the Minimum Limited Partnership Interest.

Appears in 1 contract

Samples: Patriot American Hospitality Inc

Minimum Limited Partnership Interest. In the event that ------------------------------------ either a redemption pursuant to Section 8.5 8.05 hereof or additional Capital Contributions by the General Partner Company would result in the Limited PartnersPartners (other than the Company), in the aggregate, owning less than the Minimum Limited Partnership Interest, the General Partner and the Limited Partners (other than the Limited Partners that own only Special Partnership Units) shall form another partnership and contribute sufficient Limited Partnership Interests (other than Special Partnership Units) together with such other Limited Partners so that the limited partners (other than the Company) of such partnership own at least the Minimum Limited Partnership Interest.

Appears in 1 contract

Samples: Patriot American Hospitality Inc

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Minimum Limited Partnership Interest. In the event that either a redemption pursuant to Section 8.5 9.04 hereof or additional Capital Contributions by the General Partner would result in the Limited PartnersPartners (other than the Company), in the aggregate, owning less than the Minimum Limited Partnership Interest, the General Partner and the Limited Partners (other than the Limited Partners that own only Special Partnership Units) shall form another partnership and contribute sufficient Limited Partnership Interests (other than Special Partnership Units) together with such other Limited Partners so that the limited partners (other than the Company) of such partnership own at least the Minimum Limited Partnership Interest.

Appears in 1 contract

Samples: Limited Partnership Agreement (CapLease, Inc.)

Minimum Limited Partnership Interest. In the event that either a redemption pursuant to Section 8.5 8.04 hereof or an additional Capital Contributions Contribution by the General Partner Company would result in the Limited PartnersPartners (other than the Company in its capacity as a Limited Partner), in the aggregate, owning less than the Minimum Limited Partnership Interest, the General Partner and the Limited Partners (other than the Limited Partners that own only Special Partnership Units) shall form another partnership and contribute sufficient Limited Partnership Interests (other than Special Partnership Units) together with such other Limited Partners so that the limited partners of such partnership Limited Partners (other than the Company in its capacity as a Limited Partner) own at least the Minimum Limited Partnership Interest.

Appears in 1 contract

Samples: Capital Automotive Reit

Minimum Limited Partnership Interest. In the event that either a redemption an exchange pursuant to Section 8.5 hereof or an additional Capital Contributions Contribution by the General Partner would result in the Limited Partners, in the aggregate, owning less than the Minimum Limited Partnership Interest, the General Partner and the Limited Partners (other than the Limited Partners that own only Special Partnership Units) shall form another partnership and contribute sufficient Limited Partnership Interests (other than Special Partnership Units) together with such other Limited Partners so that the limited partners of such partnership Limited Partners own at least the Minimum Limited Partnership Interest.

Appears in 1 contract

Samples: Agreement (Timberland Growth Corp)

Minimum Limited Partnership Interest. In the event that either a redemption an exchange pursuant to Section 8.5 8.4 hereof or additional Capital Contributions by the General Partner would result in the Limited Partners, in the aggregate, owning less than the Minimum Limited Partnership Interest, the General Partner and the Limited Partners (other than the Limited Partners that own only Special Partnership Units) shall form another partnership and contribute sufficient Limited Partnership Interests (other than Special Partnership Units) together with such other Limited Partners so that the limited partners of such partnership own at least the Minimum Limited Partnership Interest.

Appears in 1 contract

Samples: Limited Partnership Agreement (Americold Realty Trust)

Minimum Limited Partnership Interest. In the event that either ------------------------------------ a redemption pursuant to Section 8.5 8.05 hereof or additional Capital Contributions by the General Partner Company would result in the Limited PartnersPartners (other than the Company), in the aggregate, owning less than the Minimum Limited Partnership Interest, the General Partner and the Limited Partners (other than the Limited Partners that own only Special Partnership Units) shall form another partnership and contribute sufficient Limited Partnership Interests (other than Special Partnership Units) together with such other Limited Partners so that the limited partners (other than the Company) of such partnership own at least the Minimum Limited Partnership Interest.

Appears in 1 contract

Samples: Patriot American Hospitality Operating Co\de

Minimum Limited Partnership Interest. In the event that either a redemption pursuant to Section 8.5 hereof or additional Capital Contributions by the General Partner would result in the Limited Partners, in the aggregate, owning less than the Minimum Limited Partnership Interest, the General Partner and the Limited Partners (other than the Limited Partners that own only Special Partnership Units) shall form another partnership and contribute sufficient Limited Partnership Interests (other than Special Partnership Units) together with such other Limited Partners so that the limited partners of such partnership own at least the Minimum Limited Partnership Interest.. 4.3

Appears in 1 contract

Samples: Limited Partnership Agreement (Strategic Realty Trust, Inc.)

Minimum Limited Partnership Interest. In the event that either a redemption an ------------------------------------ exchange pursuant to Section 8.5 8.05 hereof or additional Capital Contributions by the General Partner would result in the Limited Partners, in the aggregate, owning less than the Minimum Limited Partnership Interest, the General Partner and the Limited Partners (other than the Limited Partners that own only Special Partnership Units) shall form another partnership and contribute sufficient Limited Partnership Interests (other than Special Partnership Units) together with such other Limited Partners so that the limited partners of such partnership own at least the Minimum Limited Partnership Interest.

Appears in 1 contract

Samples: Wells Real Eastate Investment Trust Inc

Minimum Limited Partnership Interest. In the event that either a redemption an exchange pursuant to Section 8.5 hereof or additional Capital Contributions by the General Partner would result in the Limited Partners, in the aggregate, owning less than the Minimum Limited Partnership Interest, the General Partner and the Limited Partners (other than the Limited Partners that own only Special Partnership Units) shall form another partnership and contribute sufficient Limited Partnership Interests (other than Special Partnership Units) together with such other Limited Partners so that the limited partners of such partnership own at least the Minimum Limited Partnership Interest.

Appears in 1 contract

Samples: DCT Industrial Trust Inc.

Minimum Limited Partnership Interest. In the event that either a redemption pursuant to Section 8.5 8.05 hereof or an additional Capital Contributions Contribution by the General Partner would result in the Limited Partners, in the aggregate, owning less than the Minimum Limited Partnership Interest, the General Partner and the Limited Partners (other than the Limited Partners that own only Special Partnership Units) shall form another partnership and contribute sufficient Limited Partnership Interests (other than Special Partnership Units) together with such other Limited Partners so that the limited partners of such partnership own owns at least the Minimum Limited Partnership Interest.

Appears in 1 contract

Samples: RFS Hotel Investors Inc

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