Property Partnerships definition

Property Partnerships means and include any partnership or other entity in which the Partnership is or becomes a partner or other equity participant and which is formed for the purpose of acquiring, developing or owning a Property or a proposed Property.

Property Partnerships means those entities (other than the Operating Partnership), such as limited liability companies, general and limited partnerships and trusts that own one or more of the Properties.

Property Partnerships means the following limited partnerships involved in the Consolidation Transactions: (i) Avonplace Associates Limited Partnership, (ii) Burgundy Associates Limited Partnership, (iii) Grove-Ellington Associates Limited Partnership, (iv) Grove-Enfield Associates Limited Partnership, (v) Grove Longmeadow Associates Limited Partnership, (vi) Grove-Manchester Associates Limited Partnership, (vii) Grove-Newington Associates Limited Partnership, (viii) Grove Opportunity Fund II Limited Partnership, (ix) Grove-Plainville Associates Limited Partnership, (x) Grove Properties III Limited Partnership, (xi) Grove Taunton Associates Limited Partnership, (xii) Grove-Vernon Associates Limited Partnership, (xiii) Grove-West Hartford Associates Limited Partnership, (xiv) Grove-West Springfield Associates Limited Partnership, (xv) Grove-Westfield Associates Limited Partnership, (xvi) Grove Westwynd Associates Limited Partnership, (xvii) Nautilus Properties Limited Partnership and (xviii) Shoreline London Associates Limited Partnership.

Examples of Property Partnerships in a sentence

• Each of the partnership or operating agreements, as the case may be, of the Property Partnerships is in full force and effect.

• Neither the Company nor the Operating Partnership owns any direct or indirect equity interest in any entity other than the subsidiaries and the Property Partnerships, except for such interests as, in the aggregate, are not material to the condition, financial or otherwise, or the earnings, assets, business affairs or business prospects of the Duke Group considered as a single enterprise.

• All leases and subleases under which the Operating Partnership, any other Simon Entity or any Property Partnerships hold properties are in full force and effect, except for such which would not have a Material Adverse Effect.

• Except as otherwise provided by law or by the Articles of Incorporation or these Bylaws, the act of a majority of the Directors present at a meeting at which a quorum is present shall be the act of the Directors.

• Each of the partnership agreements of the Property Partnerships is in full force and effect.

More Definitions of Property Partnerships

Property Partnerships means the partnerships which owned the Properties prior to their contribution to the Partnership.

Property Partnerships means the single-purpose Partnerships jointly owned, in whole or in part, by the Company and the Operating Partnership.

Property Partnerships means the partnerships and limited liability companies identified as such on Exhibit C attached hereto.

Property Partnerships means and include any partnership or other Entity in which the Partnership is or becomes a partner or other equity participant and which is formed for the purpose of acquiring, developing or owning a Property or a proposed Property. "Qualified Individual" shall have the meaning set forth in Section 13.2(b) hereof. "Reduction Factor" shall mean the lesser of (i) the quotient of the Common Unit Distribution Amount for such quarter divided by the Floor Distribution and (ii) one. "Registered Agent" shall have the meaning set forth in Section 2.5 hereof. "Registered Office" shall have the meaning set forth in Section 2.5 hereof.

Property Partnerships means the Cash-Out Partnerships, the Exchange Partnerships and the Merger Partnerships.

Property Partnerships. The partnerships listed on Schedule A hereto. Property-Related Representations and Warranties: The representations and warranties of the Grove Contributors set forth in subsections [F-J and L-Z] of Section 4.1 and the representations and warranties of GREAT set forth in subsections [F-J and L-Z] of Section 4.2.

Property Partnerships means collectively each Property Partnership purchasing a Portfolio Property in the Heritage Transaction.