Common use of Nature of Meetings Clause in Contracts

Nature of Meetings. The General Partner shall give notice to each Representative of each meeting, including the time, place and purpose of such meeting. Notice of each such meeting shall be sent by overnight delivery, personal delivery, or electronic communication to each Limited Partner and each Representative, addressed to him or her at the last address provided by the Representative or Limited Partner to the General Partner for such purpose, at least five (5) “Business Days” (which shall mean days upon which banks in New York, New York are open for normal business) before the day on which such meeting is to be held, except as otherwise provided herein. Such notice need not be given to any Representative who in fact attends such meeting. A written waiver of notice delivered to the General Partner, whether before or after the time of the meeting stated therein, shall be deemed equivalent to notice. Any Limited Partner with representation on the Executive Committee shall also have the right to call a meeting of the Executive Committee to discuss a Major Decision, by giving notice of such meeting to each Representative in accordance with the provisions of this Section 3.3 that apply to the General Partner.

Appears in 3 contracts

Samples: BLACK CREEK INDUSTRIAL REIT IV Inc., Industrial Property Trust Inc., Industrial Property Trust Inc.

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Nature of Meetings. The General Partner shall give notice to each Representative member of the Executive Committee of each meeting, including the time, place and purpose of such meeting. Notice of each such meeting shall be sent by overnight delivery, personal delivery, or electronic communication to each Limited Partner and each RepresentativeExecutive Committee member, addressed to him or her at the last address provided by the Representative member or Limited Partner to the General Partner for such purpose, at least five (5) “Business Days” (which shall mean days upon which banks in New York, New York are open for normal business) before the day on which such meeting is to be held, except as otherwise provided herein. Such notice need not be given to any Representative Executive Committee member who in fact attends such meeting. A written waiver of notice delivered to the General Partner, whether before or after the time of the meeting stated therein, shall be deemed equivalent to notice. Any Limited Partner with representation on the Executive Committee shall also have the right to call a meeting of the Executive Committee to discuss a Major Decision, by giving notice of such meeting to each Representative member of the Executive Committee in accordance with the provisions of this Section 3.3 that apply to the General Partner.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Industrial Property Trust Inc.), Industrial Property Trust Inc.

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