Common use of Reliance on Regulation D Clause in Contracts

Reliance on Regulation D. If Contributor has elected to receive OP Units, the Operating Partnership shall, based on the advice of its counsel and the representations made by Contributor in Contributor’s Investor Questionnaire, be reasonably satisfied that the issuance of OP Units to Contributor may be made without registration under the Securities Act in reliance on Regulation D under the Securities Act.

Reliance on Regulation D. If Contributor has elected to receive is receiving OP UnitsUnits as part of the Consideration, the Operating Partnership shall, based on the advice of its counsel and the representations made by Contributor in Contributor’s Investor Questionnairequestionnaire referred to in Section 2.2(j) hereof, be reasonably satisfied that the issuance of OP Units to Contributor may be made without registration under the Securities Act in reliance on Regulation D under the Securities Act.

Reliance on Regulation D. If a Contributor has elected to receive OP Units, the Operating Partnership shall, based on the advice of its counsel and the representations made by Contributor in Contributor’s Investor Questionnaire, be reasonably satisfied that the issuance of OP Units to Contributor may be made without registration under the Securities Act in reliance on Regulation D under the Securities Act.

Reliance on Regulation D. If Contributor has elected to receive OP Units, the The Operating Partnership shall, based on the advice of its counsel and the representations made by Contributor in Contributor’s Investor Questionnairequestionnaire referred to in Section 2.2(j) hereof, be reasonably satisfied that the issuance of OP Units to Contributor may be made without registration under the Securities Act in reliance on Regulation D under the Securities Act.

Reliance on Regulation D. If Contributor has elected to receive OP Units, the Operating Partnership Acquirer shall, based on the advice of its counsel and the representations made by Contributor in Contributor’s Investor Questionnaire, be reasonably satisfied that the issuance of OP Units to Contributor may be made without registration under the Securities Act in reliance on Regulation D under the Securities Act.