REIT Units. Each REIT Unit shall have the rights and be governed by the provisions set forth in this Agreement; and none of such REIT Units shall have any preemptive rights, or give the holders thereof any cumulative voting rights. REIT Units shall be evidenced by entries on Exhibit A. Certificates representing REIT Units shall not be issued; provided, however, that the Manager may provide that some or all of the REIT Units shall be certificated.
Appears in 3 contracts
Samples: Limited Liability Company Agreement (Industrial Property Trust Inc.), Limited Liability Company Agreement (Behringer Harvard Multifamily Reit I Inc), Limited Liability Company Agreement (TIAA-CREF U.S. Real Estate Fund I, L.P.)
REIT Units. Each REIT Unit shall have the rights and be governed by the provisions set forth in this Agreement; and none of such REIT Units shall have any preemptive rights, or give the holders thereof any cumulative voting rights. REIT Units shall be evidenced by entries on Exhibit A. Certificates representing REIT Units shall not be issued; provided, however, that the Manager Managers may provide that some or all of the REIT Units shall be certificated.
Appears in 1 contract
Samples: Limited Liability Company Agreement (TIAA-CREF U.S. Real Estate Fund I, L.P.)
REIT Units. Each REIT Unit shall have the rights and be governed by the provisions set forth in this Agreement; and none of such REIT Units shall have any preemptive rights, or give the holders thereof any cumulative voting rights. REIT Units shall be evidenced by entries on Exhibit A. A, as it may be amended from time to time. Certificates representing REIT Units shall not be issued; provided, however, that the Manager Managers may provide that some or all of the REIT Units shall be certificated.
Appears in 1 contract
Samples: Limited Liability Company Agreement (TIAA-CREF U.S. Real Estate Fund I, L.P.)
