Investor Limited Partner definition
Examples of Investor Limited Partner in a sentence
Notwithstanding anything set forth in this Lease to the contrary, Landlord shall not accept a voluntary surrender of the Lease at any time during which the Leasehold Estate (1) is encumbered by a Permitted Leasehold Mortgage; or (2) prior to the expiration of the Compliance Period; (3) prior to such time as Investor Limited Partner is no longer a member of the Tenant; or (4) prior to the end of the Guaranty Period.
Tenant shall have the right to erect from time to time about the Property, in accordance with applicable law, such signs as it desires, (or as required by the most senior Permitted Leasehold Mortgage and/or Investor Limited Partner), and provided that any such sign has been approved by all architectural review committees having jurisdiction over any portion of the Property, if any, pursuant to any Permitted Encumbrance.
Any requirement of consent from Administrative Limited Partner set forth herein shall only be applicable during such time as Administrative Limited Partner has guaranty liability to Investor Limited Partner or Permitted Leasehold Mortgagee, and such guaranty liability is related to the Project.
During the initial tax credit compliance period, this option price will be at a price satisfactory to the Investor Limited Partner so as to reimburse the Investor Limited Partner all Capital Contributions plus costs, expenses and lost profits if in the event the option is exercised.
Subject to the provisions of Section 13.6 and Section 13.8 herein, in the event of a permanent Taking of less than the entire Property (a “Partial Taking”), this Lease shall continue unless Tenant and Landlord shall agree to terminate the Lease with the prior written consent of the Permitted Leasehold Mortgagee, Investor Limited Partner and Administrative Limited Partner.