REIT GP definition
Examples of REIT GP in a sentence
The Grantee desiring to become one of the within named Partners of Global Medical REIT L.P. (“GMR OP”), hereby becomes a party to the Agreement of Limited Partnership (as amended from time to time, the “Partnership Agreement”) of GMR OP, by and among Global Medical REIT GP LLC, as general partner (the “General Partner”), and the Limited Partners, effective as of the Grant Date (as specified in the LTIP Unit Vesting Agreement, dated ____________, ____, among the Grantee, Global Medical REIT Inc.
AMERICAN HOTEL INCOME PROPERTIES REIT LP, by its general partner, AMERICAN HOTEL INCOME PROPERTIES REIT (GP) INC.
Global Medical REIT L.P. By: Global Medical REIT GP, LLC Its: General Partner By: Global Medical REIT Inc.
A copy of this statement has been furnished to GMR OP and to its general partner, Global Medical REIT GP LLC.
Section 4.1(h) of the IFG Disclosure Letter sets forth the name and state of organization of each Person (other than the Tender Entities) of which IPLP or any Tender Entity is the record owner of any shares of capital stock or other equity interests as of the date of this Agreement, as well as the name and state of organization of the REIT GP Entity(ies) which controls such Person and the aggregate direct and indirect limited partner ownership interest of IPT in such Person.
Each Contributor shall be admitted to Acquiror as a limited partner of Acquiror upon execution of such documents as are required to be executed by new limited partners under the terms of the Partnership Agreement, and upon the approval of the admission of each Contributor as a new limited partner by the REIT GP.
Other than the REIT GP Entities, IPLP and special purpose financing entities (all of which are either partnerships, limited liability companies or qualified REIT subsidiaries), as of the date of this Agreement, IPT is not the record owner of more than 10% of the outstanding voting securities of any Person.
The REIT and the REIT GP will undertake all reasonable steps and actions as are required to require the Trustees to offer such participation and rights to the holders of Class D Units and to obtain any required statutory or regulatory order or waiver.
Such amendment or modification will be made automatically upon a consolidation, split or modification to the REIT Units with such differences only as are required to reflect the legal nature of the Partnership, as is determined by the REIT GP.
In connection with any distribution under Subsections 11.3(c) or 11.3(d), upon agreement of all Limited Partners, cash and non-cash assets may be distributed on a basis which is not proportional on a class of asset basis, but which is proportional having regard to the fair value of the total assets distributed to each Partner, as determined by the REIT GP.