Outside Activities of the General Partner. (a) Without the Consent of the Limited Partners, the General Partner shall not directly or indirectly enter into or conduct any business other than in connection with the ownership, acquisition, and disposition of Partnership Interests and the management of its business and the business of the Partnership, and such activities as are incidental thereto. (b) The General Partner and any Affiliates of the General Partner may acquire Limited Partner Interests and shall be entitled to exercise all rights of a Limited Partner relating to such Limited Partner Interests.
Appears in 81 contracts
Samples: Limited Partnership Agreement (Phillips Edison Grocery Center REIT III, Inc.), Securities Purchase Agreement (American Realty Capital Hospitality Trust, Inc.), Limited Partnership Agreement (Inland Residential Properties Trust, Inc.)
Outside Activities of the General Partner. (a) Without the Consent of the Limited Partners, the The General Partner shall not directly or indirectly enter into or conduct any business other than in connection with the ownership, acquisition, acquisition and disposition of Partnership Interests and the management of its business and the business of the Partnership, and such activities as are incidental thereto.
(b) . The General Partner and any Affiliates of the General Partner may acquire Limited Partner Interests and shall be entitled to exercise all rights of a Limited Partner relating to such Limited Partner Interests.
Appears in 30 contracts
Samples: Limited Partnership Agreement (Vinebrook Homes Trust, Inc.), Limited Partnership Agreement (Angel Oak Mortgage, Inc.), Agreement of Limited Partnership (NetSTREIT Corp.)
Outside Activities of the General Partner. (a) Without the Consent of the Limited Partners, the The General Partner shall not directly or indirectly enter into or conduct any business other than in connection with the ownership, acquisition, development and disposition of Partnership Interests and the management of its business and the business of the Partnership, and such activities as are incidental thereto.
(b) . The General Partner and any Affiliates of the General Partner may acquire Limited Partner Interests and shall be entitled to exercise all rights of a Limited Partner relating to such Limited Partner Interests.
Appears in 8 contracts
Samples: Limited Partnership Agreement (Mission West Properties Inc), Partnership Agreement (Mission West Properties Inc), Limited Partnership Agreement (Ramco Gershenson Properties Trust)
Outside Activities of the General Partner. (a) Without the Consent of the Limited Partners, the General Partner shall not directly or indirectly enter into or conduct any business other than in connection with the ownership, acquisition, and disposition of Partnership Interests and the management of its business and the business of the Partnership, and such activities as are incidental thereto.
(b) The General Partner and any Affiliates of the General Partner may acquire Limited Partner Interests and shall be entitled to exercise all rights of a Limited Partner relating to such Limited Partner Interests.
Appears in 4 contracts
Samples: Limited Partnership Agreement (American Realty Capital New York City REIT II, Inc.), Limited Partnership Agreement (American Realty Capital Global Trust II, Inc.), Limited Partnership Agreement (Phillips Edison Grocery Center Reit I, Inc.)
Outside Activities of the General Partner. (a) Without Except in connection with a transaction authorized in Section 11.2, without the Consent of a Majority in Interest of the Outside Limited Partners, the General Partner shall not not, directly or indirectly indirectly, enter into or conduct any business business, other than in connection with the ownership, acquisition, acquisition and disposition of Partnership Interests and the management of its business and the business of the Partnership, and such activities as are incidental thereto.
(b) . The General Partner and any Affiliates of the General Partner may acquire Limited Partner Interests and shall be entitled to exercise all rights of a Limited Partner relating to such Limited Partner Interests.
Appears in 4 contracts
Samples: Limited Partnership Agreement (Cole Real Estate Income Strategy (Daily Nav), Inc.), Limited Partnership Agreement (Cole Real Estate Income Strategy (Daily Nav), Inc.), Limited Partnership Agreement (Cole Real Estate Income Strategy (Daily Nav), Inc.)
Outside Activities of the General Partner. (a) Without the Consent of the Outside Limited Partners, the General Partner shall not directly or indirectly enter into or conduct any business other than in connection with the ownership, acquisition, and disposition of Partnership Interests and the management of its business and the business of the Partnership, and such activities as are incidental thereto.
(b) The General Partner and any Affiliates of the General Partner may acquire Limited Partner Interests and shall be entitled to exercise all rights of a Limited Partner relating to such Limited Partner Interests.
Appears in 3 contracts
Samples: Limited Partnership Agreement (Lightstone Value Plus Real Estate Investment Trust, Inc.), Limited Partnership Agreement (Lightstone Value Plus Real Estate Investment Trust, Inc.), Limited Partnership Agreement (Lightstone Value Plus Real Estate Investment Trust, Inc.)
Outside Activities of the General Partner. (a) Without the Consent of Limited Partners holding a majority of the Limited PartnersPartnership Interests not held by the General Partner, the General Partner shall not directly or indirectly enter into or conduct any business other than in connection with the ownership, acquisition, and disposition of Partnership Interests and the management of its business and the business of the Partnership, and such activities as are incidental thereto.
(b) The General Partner and any Affiliates of the General Partner may acquire Limited Partner Interests and shall be entitled to exercise all rights of a Limited Partner relating to such Limited Partner Interests.
Appears in 2 contracts
Samples: Contribution Agreement (Tower Realty Trust Inc), Agreement of Limited Partnership (Tower Realty Trust Inc)
Outside Activities of the General Partner. (a) Without the Consent of the Limited Partners, the The General Partner shall not not, directly or indirectly indirectly, enter into or conduct any business business, other than in connection with (a) the ownership, acquisition, acquisition and disposition of Partnership Interests and as General Partner, (b) the management of its business and the business of the Partnership, and such activities as are incidental thereto.
(b) The General Partner and any Affiliates of the General Partner may acquire Limited Partner Interests and shall be entitled to exercise all rights of a Limited Partner relating to such Limited Partner Interests.,
Appears in 2 contracts
Samples: Agreement of Limited Partnership (InfraREIT, Inc.), Limited Partnership Agreement (InfraREIT, Inc.)
Outside Activities of the General Partner. (a) Without Subject to the Class C Rights, without the Consent of the Limited Partners, the General Partner shall not directly or indirectly enter into or conduct any business other than in connection with the ownership, acquisition, and disposition of Partnership Interests and the management of its business and the business of the Partnership, and such activities as are incidental thereto.
(b) The Subject to the Class C Rights, the General Partner and any Affiliates of the General Partner may acquire Limited Partner Interests and shall be entitled to exercise all rights of a Limited Partner relating to such Limited Partner Interests.
Appears in 2 contracts
Samples: Agreement of Limited Partnership (Hospitality Investors Trust, Inc.), Securities Purchase Agreement (American Realty Capital Hospitality Trust, Inc.)
Outside Activities of the General Partner. (a) Without the Consent of the Limited PartnersThe Company shall not, and it shall cause the General Partner shall and the Initial Limited Partner not to, directly or indirectly enter into or conduct any business other than in connection with the ownership, acquisition, development and disposition of Partnership Interests and the management of its business and the business of the Partnership, and such activities as are incidental thereto.
(b) . The General Partner and any Affiliates of the General Partner may acquire Limited Partner Interests and shall be entitled to exercise all rights of a Limited Partner relating to such Limited Partner Interests.
Appears in 1 contract
Samples: Limited Partnership Agreement (3100 Glendale Joint Venture)
Outside Activities of the General Partner. (a) Without the Consent of the Outside Limited Partners, the General Partner shall not directly or indirectly enter into or conduct any business other than in connection with the ownership, acquisition, and disposition of Partnership Interests and the management of its business and the business of the Partnership, and such activities as are incidental thereto.
(b) The General Partner and any Affiliates of the General Partner may acquire Limited Partner Interests and shall be entitled to exercise all rights of a Limited Partner relating to such Limited Partner Interests.
Appears in 1 contract
Samples: Agreement of Limited Partnership (American Spectrum Realty Inc)
