Common use of Tax Loans Clause in Contracts

Tax Loans. The General Partner or the General Partner Entity may in its sole and absolute discretion, cause the Partnership to make an interest free loan to the General Partner or the General Partner Entity, as applicable, provided that the proceeds of such loans are used to satisfy any tax liabilities of the General Partner or the General Partner Entity, as applicable.

Appears in 19 contracts

Samples: Limited Partnership Agreement, Agreement of Limited Partnership (Gadsden Growth Properties, Inc.), Limited Partnership Agreement (Four Corners Property Trust, Inc.)

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Tax Loans. The General Partner or the General Partner Entity may in its sole and absolute discretion, cause the Partnership to make an interest free loan to the General Partner or the General Partner Entity, as applicablePartner, provided that the proceeds of such loans are used to satisfy any tax liabilities of the General Partner or the General Partner Entity, as applicablePartner.

Appears in 4 contracts

Samples: Agreement of Limited Partnership (FrontView REIT, Inc.), Agreement of Limited Partnership (FrontView REIT, Inc.), Limited Partnership Agreement (Pillarstone Capital Reit)

Tax Loans. The General Partner or the General Partner Entity may may, in its sole and absolute discretion, cause the Partnership to make an interest free loan to the General Partner or the General Partner Entity, as applicablePartner, provided that the proceeds of such loans are used to satisfy any tax liabilities of the General Partner or the General Partner Entity, as applicablePartner.

Appears in 2 contracts

Samples: Agreement of Limited Partnership (Steadfast Apartment REIT, Inc.), Agreement of Limited Partnership (Steadfast Apartment REIT, Inc.)

Tax Loans. The General Partner or the General Partner Entity may in its sole and absolute discretion, cause the Partnership to make an interest free loan to the General Partner or the General Partner Entity, as applicable, Entity provided that the proceeds of such loans are used to satisfy any tax liabilities of the General Partner or the General Partner Entity, as applicable.

Appears in 2 contracts

Samples: Limited Partnership Agreement (Republic Property Trust), Limited Partnership Agreement (Republic Property Trust)

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Tax Loans. The General Partner or the General Partner Entity may in its sole and absolute discretion, cause the Partnership to make an interest free loan to the General Partner or the General Partner EntityPartner, as applicable, provided that the proceeds of such loans are used to satisfy any tax liabilities of the General Partner or the General Partner EntityPartner, as applicable.

Appears in 1 contract

Samples: Limited Partnership Agreement (Jernigan Capital, Inc.)

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