Common use of Application of Act Clause in Contracts

Application of Act. The Partnership is a limited partnership pursuant to the provisions of the Act and upon the terms and conditions set forth in this Agreement. Except as expressly provided herein to the contrary, the rights and obligations of the Partners and the administration and termination of the Partnership shall be governed by the Act. No Partner has any interest in any Partnership property, and the Partnership Interest of each Partner shall be personal property for all purposes.

Appears in 11 contracts

Samples: Regency Centers Lp, Agreement (Regency Realty Corp), Regency Centers Lp

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Application of Act. The Partnership is a limited partnership pursuant ------------------ subject to the provisions of the Act and upon the terms and conditions set forth in this Agreement. Except as expressly provided herein to the contrary, the rights and obligations of the Partners and the administration and termination of the Partnership shall be governed by the Act. No Partner has any interest in any Partnership property, and the Partnership Interest of each Partner shall be personal property for all purposes.

Appears in 5 contracts

Samples: Agreement (Cabot Industrial Properties Lp), Contribution Agreement (Cabot Industrial Trust), Agreement (Cabot Industrial Properties Lp)

Application of Act. The Partnership is a limited partnership pursuant subject to the provisions of the Act and upon the terms and conditions set forth in this Agreement. Except as expressly provided herein to the contrary, the rights and obligations of the Partners and the administration and termination of the Partnership shall be governed by the Act. No Partner has any interest in any Partnership property, and the Partnership Interest of each Partner shall be personal property for all purposes.

Appears in 4 contracts

Samples: Hub Group Inc, Mar Mar Realty Trust, Hub Group Inc

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Application of Act. The Partnership is a limited partnership pursuant subject to the provisions of the Act and upon the terms and conditions set forth in this Agreement. Except as expressly provided herein in this Agreement to the contrary, the rights and obligations of the Partners and the administration and termination of the Partnership shall be governed by the Act. No Partner has any interest in any Partnership propertyProperty, and the Partnership Interest of each Partner shall be personal property for all purposes.

Appears in 3 contracts

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

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