Special Limited Partner Sample Clauses
The 'Special Limited Partner' clause defines the role and status of a specific limited partner within a partnership who is granted unique rights or responsibilities not shared by other limited partners. Typically, this clause outlines the special limited partner’s entitlements, such as a different share of profits, priority in distributions, or certain decision-making powers. By clearly distinguishing the special limited partner from other investors, the clause ensures transparency in the allocation of rights and helps prevent disputes regarding authority or financial entitlements within the partnership.
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Special Limited Partner. The Special Limited Partner shall be in a different class from the Investor Limited Partner and, except as otherwise expressly stated in this Agreement, shall not participate in any rights allocable to or exercisable by the Investor Limited Partner under this Agreement.
Special Limited Partner. Southside Revitalization Phase II SLP, LLC.
Special Limited Partner. Healthcare Trust Special Limited Partnership, LLC, a Delaware limited liability company. Stabilized Property. A completed project on which all improvements related to the development of such Real Estate have been substantially completed (excluding tenant/licensee improvements) for twelve (12) months, or which is at least eighty percent (80%) leased (based on Net Rentable Area, or for ALFs and ILFs, the number of units, or for SNFs, the number of beds). Additionally, the Borrower may elect to designate a project as a Stabilized Property as provided for in the definition of Development Property. Once a project becomes a Stabilized Property under this Agreement, it shall remain a Stabilized Property.
Special Limited Partner. MSLP shall be the sole “special limited partner”, “administrative limited partner”, “special member”, or “special administrative member”, as applicable, in any Property Partnership receiving a Direct Investment from the Borrower or a MTE.
Special Limited Partner. 25 State . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 25 Subordinated Partner Loan(s). . . . . . . . . . . . . . . . . . . . . . 25
Special Limited Partner. The Special Limited Partner shall not be required to advance any Loan to the Partnership.
Special Limited Partner. Industrial Property Advisors Sub IV LLC, a Delaware limited liability company By: Industrial Property Advisors LLC, a Delaware limited liability company, its sole member By: Industrial Property Advisors Group LLC, a Delaware limited liability company, its sole member By:/s/ ▇▇▇▇ ▇. ZUCKER_________________ Name: ▇▇▇▇ ▇. ▇▇▇▇▇▇ Title: Manager BCG BTC II Investors LLC, a Delaware limited liability company By:/s/ ▇▇▇▇ ▇. ZUCKER_________________ Name: ▇▇▇▇ ▇. ▇▇▇▇▇▇ Title: Manager bcIMC (WCBAF) Realpool Global Investment Corporation, a Canadian corporation By:/s/ ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇-▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇-▇▇▇▇▇▇▇▇ Title: Chair of the Board
Special Limited Partner. At any closing, the Special Limited Partner shall to the extent not previously contributed, contribute by way of Capital Contribution sums which, together with any such amounts previously contributed, equal 20% of the aggregate Capital Contributions of the Limited Partners and the Special Limited Partner as at any Closing.
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Special Limited Partner. Industrial Property Advisors Sub IV LLC, a Delaware limited liability company