Common use of The Class B Interest Clause in Contracts

The Class B Interest. On July 1, 2004, the General Partner issued the Class B Interest to an Affiliate of the Advisor in exchange for services performed or to be performed for the Partnership and its Subsidiaries, and admitted such Person as a Limited Partner. The Class B Partner is entitled to certain distributions as provided in Section 5.01.B and certain preferential allocations of items of income and gain under Section 6.01.D. The Class B Interest is subject to the transfer restrictions set forth in Article XI and is subject to redemption pursuant to Section 8.07.

The Class B Interest. On July 1, 2004the Effective Date, the General Partner issued the Class B Interest to an Affiliate of the Advisor in exchange for services performed or to be performed for the Partnership and its Subsidiaries, and admitted such Person as a Limited Partner. The Class B Partner is shall be entitled to certain distributions as provided in Section 5.01.B and certain preferential allocations of items of income and gain under Section 6.01.D. The Class B Interest is will be subject to the transfer restrictions set forth in Article XI and is will be subject to redemption pursuant to Section 8.07.

The Class B Interest. On July 1, 2004, the The General Partner issued will issue the Class B Interest to an Affiliate of the Advisor in exchange for services performed or to be performed for the Partnership and its Subsidiaries, and admitted admit such Person as a Limited Partner. The Class B Partner is shall be entitled to certain distributions as provided in Section 5.01.B and certain preferential allocations of items of income and gain under Section 6.01.D. The Class B Interest is will be subject to the transfer restrictions set forth in Article XI and is will be subject to redemption pursuant to Section 8.07.

The Class B Interest. On July 1, 2004, the General Partner issued the Class B Interest to an Affiliate of the Advisor in exchange for services performed or to be performed for the Partnership and its Subsidiaries, and admitted such Person as a Limited Partner. The Class B Partner is entitled to certain distributions as provided in Section 5.01.B 5.01(b) and certain preferential allocations of items of income and gain under Section 6.01.D. 6.01(d). The Class B Interest is subject to the transfer restrictions set forth in Article XI and is subject to redemption pursuant to Section 8.07.