Not Publicly Traded. The General Partner, on behalf of the Partnership, shall use its best efforts not to take any action which would result in the Partnership being a “publicly traded partnership” under and as such term is defined in Code Section 7704(b), and by reason thereof, taxable as a corporation.
Appears in 18 contracts
Samples: Limited Partnership Agreement (Hannon Armstrong Sustainable Infrastructure Capital, Inc.), Limited Partnership Agreement (InPoint Commercial Real Estate Income, Inc.), Limited Partnership Agreement (InPoint Commercial Real Estate Income, Inc.)
Not Publicly Traded. The General Partner, on behalf of the Partnership, shall use its best commercially reasonable efforts not to take any action which would result in the Partnership being a “publicly traded partnership” under and as such term is defined in Code Section 7704(b), and by reason thereof, taxable as a corporation) of the Code.
Appears in 9 contracts
Samples: Limited Partnership Agreement (Pacific Office Properties Trust, Inc.), Limited Partnership Agreement (Pacific Office Properties Trust, Inc.), Limited Partnership Agreement (Arizona Land Income Corp)
Not Publicly Traded. The General Partner, on behalf of the Partnership, shall use its best efforts not to take any action which would result in the Partnership being a “publicly traded partnership” under and as such term is defined in Code Section 7704(b), and by reason thereof, taxable as a corporation.
Appears in 9 contracts
Samples: Agreement of Limited Partnership (Aspen REIT, Inc.), Agreement of Limited Partnership (Extra Space Storage Inc.), Limited Partnership Agreement (Cogdell Spencer Inc.)
Not Publicly Traded. The General Partner, on behalf of the Partnership, shall use its best efforts not to take any action which would result in the Partnership being a “"publicly traded partnership” " under and as such term is defined in Code Section 7704(b), and by reason thereof, taxable as a corporation) of the Code.
Appears in 6 contracts
Samples: Limited Partnership Agreement (Arbor Realty Trust Inc), Agreement of Limited Partnership (Affordable Residential Communities Inc), Limited Partnership Agreement (Northstar Capital Investment Corp /Md/)
Not Publicly Traded. The General Partner, on behalf of the Partnership, shall use its best efforts not to take any action which would result in the Partnership being a “publicly traded partnership” under and as such term is defined in Code Section 7704(b), and by reason thereof, taxable as a corporationcorporation for federal income tax purposes.
Appears in 5 contracts
Samples: Second Amended and Restated Agreement of Limited Partnership (Gladstone Commercial Corp), Limited Partnership Agreement (GLADSTONE LAND Corp), Second Amended and Restated Agreement of Limited Partnership (Trade Street Residential, Inc.)
Not Publicly Traded. The General Partner, on behalf of the Partnership, shall use its best efforts not to take any action which would result in the Partnership being a “publicly traded partnership” under and as such term is defined in Code Section 7704(b), and by reason thereof, taxable as a corporation) of the Code.
Appears in 4 contracts
Samples: Agreement of Limited Partnership (Arbor Realty Trust Inc), Agreement of Limited Partnership (Hilltop Holdings Inc.), Agreement of Limited Partnership (Arbor Realty Trust Inc)
Not Publicly Traded. The General Partner, on behalf of the Partnership, shall use its best efforts not to take any action which would result in the Partnership being a “"publicly traded partnership” " under and as such term is defined in Code Section 7704(b), and by reason thereof, taxable as a corporation.
Appears in 3 contracts
Samples: Agreement of Limited Partnership (Feldman Mall Properties, Inc.), Limited Partnership Agreement (Feldman Mall Properties, Inc.), Limited Partnership Agreement (Vintage Wine Trust Inc)
Not Publicly Traded. The General Partner, on behalf of the Partnership, shall use its best efforts not to take any action which would result in the Partnership being a “"publicly traded partnership” " under and as such term is defined in Code Section 7704(b), and by reason thereof, taxable as a corporation.
Appears in 2 contracts
Samples: Limited Partnership Agreement (Ready Capital Corp), Limited Partnership Agreement (Retail Opportunity Investments Partnership, LP)
Not Publicly Traded. The General Partner, on behalf of the Partnership, shall use its best efforts not to take any action which would result in the Partnership being a “publicly traded partnership” under and (as such term is defined in Code Section 7704(b), and by reason thereof, ) that is taxable as a corporationcorporation under Code Section 7704(a).
Appears in 2 contracts
Samples: Agreement of Limited Partnership (Extra Space Storage Inc.), Limited Partnership Agreement
Not Publicly Traded. The General PartnerPartners, on behalf of the Partnership, shall use its their best efforts not to take any action which would result in the Partnership being a “"publicly traded partnership” " under and as such term is defined in Code Section 7704(b), and by reason thereof, taxable as a corporation.
Appears in 1 contract
Not Publicly Traded. The Notwithstanding anything to the contrary in this Agreement, the General Partner, on behalf of the Partnership, Partner shall use its best efforts not be empowered to take do any action which would result in and all acts and things necessary or prudent to ensure that the Partnership being will not be classified as a “publicly traded partnership” under and as such term is defined in Code Section 7704(b), and by reason thereof, taxable as a corporationcorporation for purposes of Section 7704 of the Code.
Appears in 1 contract
Samples: Limited Partnership Agreement (Ryman Hospitality Properties, Inc.)
Not Publicly Traded. The General Partner, on behalf of the Partnership, shall use its best efforts not to take any action which would result in the Partnership being a “publicly traded partnership” treated as a corporation under and as such term is defined in Code Section 7704(b), and by reason thereof, taxable as a corporation.
Appears in 1 contract