OWNERSHIP BY LIMITED PARTNER OF CORPORATE GENERAL. PARTNER OR AFFILIATE. No Limited Partner shall at any time, either directly or indirectly, own any stock or other interest in the General Partner or in any Affiliate thereof, if such ownership by itself or in conjunction with other stock or other interests owned by other Limited Partners would, in the opinion of counsel for the Partnership, jeopardize the classification of the Partnership as a partnership for federal tax purposes. The General Partner shall be entitled to make such reasonable inquiry of the Limited Partners as is required to establish compliance by the Limited Partners with the provisions of this Section.
Appears in 4 contracts
Samples: Limited Partnership Agreement (Dividend Capital Trust Inc), Limited Partnership Agreement (Dividend Capital Trust Inc), Dividend Capital Inc
OWNERSHIP BY LIMITED PARTNER OF CORPORATE GENERAL. PARTNER OR AFFILIATE. No Limited Partner shall at any time, either directly or indirectly, own any stock or other interest in the General Partner or in any Affiliate thereof, if such ownership by itself or in conjunction with other stock or other interests owned by other Limited Partners would, in the opinion of counsel for the Partnership, jeopardize the classification of the Partnership as a partnership for federal income tax purposes. The General Partner shall be entitled to make such reasonable inquiry of the Limited Partners as is required to establish compliance by the Limited Partners with the provisions of this Section.
Appears in 4 contracts
Samples: Reorganization Agreement (Mid America Apartment Communities Inc), Golf Trust of America Inc, United Dominion Realty Trust Inc
OWNERSHIP BY LIMITED PARTNER OF CORPORATE GENERAL. PARTNER OR AFFILIATE. No Limited Partner shall at any time, either directly or indirectly, own any stock or other interest in the General Partner or in any Affiliate thereof, if such ownership by itself or in conjunction with other stock or other interests owned by other Limited Partners would, in the opinion of counsel for the Partnership, jeopardize the classification of the Partnership as a partnership for federal income tax purposes. The General Partner shall be entitled to make such reasonable inquiry of the Limited Partners as is required to establish compliance by the Limited Partners with the provisions of this SectionSection 8.04.
Appears in 3 contracts
Samples: Behringer Harvard Real Estate Investment Trust I Inc, Behringer Harvard Reit I Inc, Behringer Harvard Reit I Inc
OWNERSHIP BY LIMITED PARTNER OF CORPORATE GENERAL. PARTNER OR AFFILIATE. No Limited Partner shall at any time, either directly or indirectly, own any stock shares or other interest in the General Partner or in any Affiliate thereof, thereof if such ownership by itself or in conjunction with other stock shares or other interests owned by other Limited Partners would, in the opinion of counsel for the Partnership, jeopardize the classification of the Partnership as a partnership or the Company as a REIT for federal income tax purposes. The General Partner shall be entitled to make such reasonable inquiry of the Limited Partners as is required to establish compliance by the Limited Partners with the provisions of this SectionSection 7.3 and the Limited Partners shall promptly and fully respond to such inquiries.
Appears in 3 contracts
Samples: Ashford Hospitality Trust Inc, Education Realty Trust, Inc., Ashford Hospitality Trust Inc
OWNERSHIP BY LIMITED PARTNER OF CORPORATE GENERAL. PARTNER OR ------------------------------------------------------------ AFFILIATE. No Limited Partner shall at any time, either directly or indirectly, --------- own any stock or other interest in the General Partner or in any Affiliate thereof, if such ownership by itself or in conjunction with other stock or other interests owned by other Limited Partners would, in the opinion of counsel for the Partnership, jeopardize the classification of the Partnership as a partnership for federal income tax purposes. The General Partner shall be entitled to make such reasonable inquiry of the Limited Partners as is required to establish compliance by the Limited Partners with the provisions of this Section.
Appears in 2 contracts
Samples: Prentiss Properties Trust/Md, Patriot American Hospitality Inc
OWNERSHIP BY LIMITED PARTNER OF CORPORATE GENERAL. PARTNER OR AFFILIATE. No Limited Partner shall at any time, either directly or indirectly, own any stock or other interest in the General Partner or in any Affiliate thereof, thereof if such ownership by itself or in conjunction with other stock or other interests owned by other Limited Partners would, in the opinion of counsel for the Partnership, jeopardize the classification of the Partnership as a partnership for federal income tax purposes. The General Partner shall be entitled to make such reasonable inquiry of the Limited Partners as is required to establish compliance by the Limited Partners with the provisions of this Section.
Appears in 2 contracts
Samples: Agreement (Investors Real Estate Trust), Investors Real Estate Trust
OWNERSHIP BY LIMITED PARTNER OF CORPORATE GENERAL. PARTNER OR ------------------------------------------------------------ AFFILIATE. No Limited Partner shall at any time, either directly or indirectly, own any stock or other interest in the General Partner or in any Affiliate thereof, if such ownership by itself or in conjunction with other stock or other interests owned by other Limited Partners would, in the opinion of counsel for the Partnership, jeopardize the classification of the Partnership as a partnership for federal income tax purposes. The General Partner shall be entitled to make such reasonable inquiry of the Limited Partners as is required to establish compliance by the Limited Partners with the provisions of this Section.
Appears in 1 contract
OWNERSHIP BY LIMITED PARTNER OF CORPORATE GENERAL. PARTNER OR AFFILIATE. No Limited Partner shall at any time, either directly or indirectly, own any stock or other interest in the General Partner or in any Affiliate thereof, if such ownership by itself or in conjunction with other stock or other interests owned by other Limited Partners would, in the opinion of counsel for the Partnership, jeopardize the classification of the Partnership as a partnership for federal income tax purposes. The General Partner shall be entitled to make such reasonable inquiry of the Limited Partners as is required to establish compliance by the Limited Partners with the provisions of this SectionSection 8.4.
Appears in 1 contract
OWNERSHIP BY LIMITED PARTNER OF CORPORATE GENERAL. PARTNER OR ------------------------------------------------------------ AFFILIATE. --------- No Limited Partner shall at any time, either directly or indirectly, own any stock or other interest in the General Partner or in any Affiliate thereof, if such ownership by itself or in conjunction with other stock or other interests owned by other Limited Partners would, in the opinion of counsel for the Partnership, jeopardize the classification of the Partnership as a partnership for federal income tax purposes. The General Partner shall be entitled to make such reasonable inquiry of the Limited Partners as is required to establish compliance by the Limited Partners with the provisions of this Section.
Appears in 1 contract
Samples: Hudson Hotels Trust
