Minimum Percentage Interest. In the event that either a redemption pursuant to Section 8.05 hereof or an additional Capital Contribution by the General Partner would result in the Limited Partners (other than the General Partner), in the aggregate, owning less than the Minimum Percentage Interest, the General Partner and the Limited Partners shall form another partnership and contribute sufficient Limited Partnership Units together with such other Limited Partners so that such partnership owns at least the Minimum Percentage Interest.
Appears in 2 contracts
Sources: Limited Partnership Agreement (Innkeepers Usa Trust/Fl), Limited Partnership Agreement (Innkeepers Usa Trust/Fl)