Common use of Term and Dissolution Clause in Contracts

Term and Dissolution. (a) The term of the Partnership shall continue in full force and effect until December 31, 2071 except that the Partnership shall be dissolved upon the happening of any of the following events:

Appears in 2 contracts

Samples: Golf Trust of America Inc, Golf Trust of America Inc

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Term and Dissolution. (a) The term of the Partnership shall continue in full force and effect until December 31April 30, 2071 2050, except that the Partnership shall be dissolved upon the happening first to occur of any of the following events:

Appears in 2 contracts

Samples: Agreement (Investors Real Estate Trust), Investors Real Estate Trust

Term and Dissolution. (a) The term of the Partnership shall continue in full force and effect until December 31, 2071 2075, except that the Partnership shall be dissolved earlier upon the happening first to occur of any of the following events:events (“LIQUIDATING EVENTS”):

Appears in 2 contracts

Samples: Agreement (GLADSTONE LAND Corp), Gladstone Commercial Corp

Term and Dissolution. (a) The term of the Partnership shall continue in full force and effect until December 31, 2071 2051, except that the General Partner, in its sole discretion, may extend the term of the Partnership and the Partnership shall be dissolved upon the happening first to occur of any of the following events:

Appears in 1 contract

Samples: United Dominion Realty Trust Inc

Term and Dissolution. (a) The term of the Partnership shall continue in full force and effect until December 31, 2071 2090 except that the Partnership shall be dissolved upon the happening of any of the following events:

Appears in 1 contract

Samples: Limited Partnership Agreement (Presidential Realty Corp/De/)

Term and Dissolution. (a) i. The term of the Partnership shall continue in full force and effect until December 31, 2071 2073 except that the Partnership shall be dissolved upon the happening of any of the following events:

Appears in 1 contract

Samples: Capital Automotive Reit

Term and Dissolution. (a) The term of the Partnership shall continue in full force and effect until December 31April 30, 2071 2050, except that the Partnership shall be dissolved upon the happening first to occur of any of the following events:

Appears in 1 contract

Samples: Agreement (Investors Real Estate Trust)

Term and Dissolution. (a) The term of the Partnership shall continue in full force and effect until December a)THE TERM OF THE PARTNERSHIP SHALL CONTINUE IN FULL FORCE AND EFFECT UNTIL DECEMBER 31, 2071 except that the Partnership shall be dissolved upon the happening of any of the following events2050, EXCEPT THAT THE PARTNERSHIP SHALL BE DISSOLVED UPON THE FIRST TO OCCUR OF ANY OF THE FOLLOWING EVENTS:

Appears in 1 contract

Samples: Ocwen Asset Investment Corp

Term and Dissolution. (a) The term of the Partnership shall continue in full force and effect until December 31, 2071 2097, except that the Partnership shall be sooner dissolved as provided in Section 8.4 or upon the happening first to occur of any of the following events:

Appears in 1 contract

Samples: Insignia Properties Trust /

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Term and Dissolution. (a) The term of the Partnership shall continue in full force and effect until December 31, 2071 2073 except that the Partnership shall be dissolved upon the happening of any of the following events:

Appears in 1 contract

Samples: Capital Automotive Reit

Term and Dissolution. (a) The term of the Partnership shall continue in full force and effect until December 31, 2071 2034, except that the Partnership shall be dissolved upon the happening first to occur of any of the following events:

Appears in 1 contract

Samples: Dividend Capital Inc

Term and Dissolution. (a) The term of the Partnership shall continue in full force and effect until December 31June 23, 2071 2048 except that the Partnership shall be dissolved upon the happening of any of the following events:

Appears in 1 contract

Samples: Western Investment Real Estate Trust

Term and Dissolution. (a) The term of the Partnership shall continue in full force and effect until December 31June 15, 2071 2049 except that the Partnership shall be dissolved upon the happening of any of the following events:

Appears in 1 contract

Samples: Western Properties Trust

Term and Dissolution. (a) The term of the Partnership shall continue in full force and effect until December 31, 2071 2075, except that the Partnership shall be dissolved earlier upon the happening first to occur of any of the following events:events ("LIQUIDATING EVENTS"):

Appears in 1 contract

Samples: Agreement (Gladstone Commercial Corp)

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