Number of Partners. Without the consent of the General Partner which may be given or withheld in its sole discretion, the Partnership shall not at any time have more than one hundred (100) partners (including as partners those persons indirectly owning an interest in the Partnership through a partnership, limited liability company, S corporation or grantor trust (such entity, a "flow through entity"), but only if substantially all of the value of such person's interest in the flow through entity is attributable to the flow through entity's interest (direct or indirect) in the Partnership).
Appears in 29 contracts
Samples: Limited Partnership Agreement (Amb Property Corp), Agreement of Limited Partnership (Amb Property Corp), Agreement of Limited Partnership (Amb Property Corp)
Number of Partners. Without the consent of the General Partner which may be given or withheld in its sole discretion, the Partnership shall not at any time have more than one hundred (100) partners (including as partners those persons indirectly owning an interest in the Partnership through a partnership, limited liability company, S corporation or grantor trust (such entity, a "“flow through entity"”), but only if substantially all of the value of such person's ’s interest in the flow through entity is attributable to the flow through entity's ’s interest (direct or indirect) in the Partnership).
Appears in 7 contracts
Samples: Agreement of Limited Partnership (Prologis, L.P.), Limited Partnership Agreement (Amb Property Lp), Agreement of Limited Partnership (Amb Property Corp)
Number of Partners. Without the consent of the General Partner Partner, which may be given or withheld in its sole and absolute discretion, the Partnership shall not at any time have more than one hundred (100) partners (including as partners those persons indirectly owning an interest in the Partnership through a partnership, limited liability company, S corporation or grantor trust (such entity, a "“flow through entity"”), but only if substantially all of the value of such person's ’s interest in the flow through entity is attributable to the flow through entity's ’s interest (direct or indirect) in the Partnership).
Appears in 5 contracts
Samples: Limited Partnership Agreement (Excel Trust, Inc.), Limited Partnership Agreement (Shearson American REIT, Inc.), Limited Partnership Agreement (Excel Trust, Inc.)
Number of Partners. Without the consent of the General Partner Partner, which may be given or withheld in its sole discretion, the Partnership shall not at any time have more than one hundred (100) 100 partners (including as partners those persons indirectly owning an interest in the Partnership through a partnership, limited liability companycompany (that is treated as a partnership for federal income tax purposes), S corporation or grantor trust (such entity, a "flow through entity"“Flow Through Entity”), but only if substantially all of the value of such person's ’s interest in the flow through entity Flow Through Entity is attributable to the flow through entity's Flow Through Entity’s interest (direct or indirect) in the Partnership).
Appears in 4 contracts
Samples: Limited Partnership Agreement (MGM Growth Properties Operating Partnership LP), Limited Partnership Agreement (MGM Growth Properties LLC), Limited Partnership Agreement (MGM Growth Properties LLC)
Number of Partners. Without the consent of the General Partner Partner, which may be given or withheld in its sole discretion, the Partnership shall not at any time have more than one hundred (100) 100 partners (including as partners those persons indirectly owning an interest in the Partnership through a partnership, limited liability company, S corporation or grantor trust (such entity, a "flow through entity"“Flow Through Entity”), but only if substantially all of the value of such person's ’s interest in the flow through entity Flow Through Entity is attributable to the flow through entity's Flow Through Entity’s interest (direct or indirect) in the Partnership).
Appears in 3 contracts
Samples: Limited Partnership Agreement (Seritage Growth Properties), Limited Partnership Agreement (Seritage Growth Properties), Limited Partnership Agreement (Seritage Growth Properties)
Number of Partners. Without the consent of the General Partner which may be given or withheld in its sole discretion, the Partnership shall not at any time have more than one hundred (100) partners (including as partners those persons indirectly owning an interest in the Partnership through a partnership, limited liability company, S corporation or grantor trust (such entity, a "flow through entity"), but only if substantially all of the value of such person's interest in the flow through entity is attributable to the flow through entity's interest (direct or indirect) in the Partnership).partners
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Number of Partners. Without the consent of the General Partner Partner, which may be given or withheld in its sole discretion, the Partnership shall not at any time have more than one hundred (100) 100 partners (including as partners those persons indirectly owning an interest in the Partnership through a partnership, limited liability company, S corporation or grantor trust (such entity, a "flow through entity"), but only if substantially all of the value of such person's interest in the flow through entity is attributable to the flow through entity's interest (direct or indirect) in the Partnership).
Appears in 1 contract
Number of Partners. Without the consent of the General Partner which may be given or withheld in its sole discretion, the Partnership shall not at any time have more than one hundred (100) partners (including as partners those persons indirectly owning an interest in the Partnership through a partnership, limited liability company, S corporation or grantor trust (such entity, a "flow through entity"), but only if substantially all of the value of such person's interest in the flow through entity is attributable to the flow through entity's interest (direct or indirect) in the Partnership).flow
Appears in 1 contract
Samples: Agreement of Limited Partnership (Amb Property Corp)
