Common use of Transfers of Assets Clause in Contracts

Transfers of Assets. The Partnership may transfer assets to joint ventures, other partnerships, corporations or other business entities in which it is or thereby becomes a participant upon such terms and subject to such conditions consistent with this Agreement and applicable law as the General Partner, in its sole and absolute discretion, believes are advisable.

Appears in 5 contracts

Samples: Limited Partnership Agreement (First Union Real Estate Equity & Mortgage Investments), Limited Partnership Agreement (Shelbourne Properties Ii Inc), Limited Partnership Agreement (Shelbourne Properties Iii Inc)

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Transfers of Assets. The Except as provided in Section 7.5.A hereof, the Partnership may transfer assets to joint ventures, other partnerships, limited liability companies, real estate investment trusts, corporations or other business entities in which it is or thereby becomes a participant upon such terms and subject to such conditions consistent with this Agreement and applicable law as the General Partner, in its sole and absolute discretion, believes are advisable.

Appears in 3 contracts

Samples: Limited Partnership Agreement (Forest City Realty Trust, Inc.), Limited Partnership Agreement (Forest City Enterprises Inc), Limited Partnership Agreement (Forest City Realty Trust, Inc.)

Transfers of Assets. The Partnership may transfer assets to joint ventures, other partnerships, corporations or other business entities in which it is or thereby by so transferring the assets becomes a participant upon such terms and subject to such conditions consistent with this Agreement and applicable law as the General Partner, in its sole and absolute discretion, believes are advisablelaw.

Appears in 3 contracts

Samples: Limited Partnership Agreement (Public Storage Properties Xi Inc), Limited Partnership Agreement (Public Storage Properties Xi Inc), Limited Partnership Agreement (Ps Business Parks Inc/Ca)

Transfers of Assets. The Except as provided in Section 7.5, the Partnership may transfer assets to joint ventures, other partnerships, corporations or other business entities in which it is or thereby becomes a participant upon such terms and subject to such conditions consistent with this Agreement and applicable law as the General Partner, in its sole and absolute discretion, believes are advisablelaw.

Appears in 2 contracts

Samples: Agreement of Limited Partnership (Hub Group Inc), Partnership Agreement (Hub Group Inc)

Transfers of Assets. The Except as provided in Section 7.5, the Partnership may transfer assets to joint ventures, other limited liability companies, partnerships, corporations or other business entities in which it is or thereby becomes a participant upon such terms and subject to such conditions consistent with this Agreement and applicable law as the General Partner, in its sole and absolute discretion, believes are advisable.

Appears in 2 contracts

Samples: Limited Partnership Agreement (National Health Realty Inc), Limited Partnership Agreement (Burnham Pacific Properties Inc)

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Transfers of Assets. The Partnership may transfer assets to joint ventures, other partnerships, limited liability companies, real estate investment trusts, corporations or other business entities in which it is or thereby becomes a participant upon such terms and subject to such conditions consistent with this Agreement and applicable law as the General Partner, in its sole and absolute discretion, believes are advisable.

Appears in 2 contracts

Samples: Limited Partnership Agreement, Limited Partnership Agreement (Clipper Realty Inc.)

Transfers of Assets. The Except as provided in Section 7.5, the Partnership may transfer assets to joint ventures, other partnerships, corporations or other business entities in which it is or thereby becomes a participant upon such terms and subject to such conditions consistent with this Agreement and applicable law as the General Partner, in its sole and absolute discretion, believes are advisable.

Appears in 1 contract

Samples: Limited Partnership Agreement (National Health Realty Inc)

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