Common use of Transactions with Certain Affiliates Clause in Contracts

Transactions with Certain Affiliates. The Partnership may enter into transactions with Affiliates of the General Partner (including transactions providing for the purchase or sale of property or other assets) provided that the terms of such transactions are comparable to those that could be obtained from unaffiliated third parties.

Appears in 3 contracts

Samples: Limited Partnership Agreement (Shelbourne Properties Iii Inc), Limited Partnership Agreement (Shelbourne Properties Ii Inc), Limited Partnership Agreement (Shelbourne Properties I Inc)

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Transactions with Certain Affiliates. The Subject to the Governing Documents, the Partnership may enter into transactions with Affiliates of the General Partner (including transactions providing for the purchase or sale of property or other assets) provided that the terms of such transactions are comparable to those that could be obtained from unaffiliated third parties.

Appears in 1 contract

Samples: Limited Partnership Agreement (First Union Real Estate Equity & Mortgage Investments)

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