Common use of Partner’s Qualifications Clause in Contracts

Partner’s Qualifications. Each Partner shall maintain its respective existence and good standing under the laws of its state of incorporation or formation, and its qualification to do business in such jurisdictions where such qualifications are required.

Appears in 4 contracts

Samples: Limited Partnership Agreement, Limited Liability Limited Partnership Agreement, Limited Partnership Agreement (Strategic Hotel Capital Inc)

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Partner’s Qualifications. Each Partner shall maintain its respective existence and good standing under the laws of its state of incorporation or formation, and its qualification to do business in such jurisdictions where such qualifications are required.

Appears in 3 contracts

Samples: Limited Partnership Agreement (CNL Income Mesa Del Sol, LLC), Partnership Interest Purchase Agreement (CNL Income Properties Inc), Limited Liability Limited Partnership Agreement (CNL Income Properties Inc)

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Partner’s Qualifications. Each Partner shall maintain its ----------- ------------------------- respective existence and good standing under the laws of its state of incorporation or formation, and its qualification to do business in such jurisdictions where such qualifications are required.

Appears in 1 contract

Samples: Limited Partnership Agreement (Hersha Hospitality Trust)

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