PARTNERSHIP RECORD DATE means the record date established by the General
Partner for the distribution of cash pursuant to Section 5.1, which record date shall be the same as the REIT Record Date.
PARTNERSHIP UNIT means a unit of Partnership Interest with the rights, powers and duties set forth herein, designated as
such on Exhibit A and expressed in the number set forth on Exhibit A, as such exhibit may be amended from time to time.
PERCENTAGE INTEREST means, as to each Partner, such Partners Common Percentage Interest.
PERMITTED TRANSFEREE means with respect to a Person, (a) any Affiliate of such Person, (b) the spouse of such
Person or any ancestor, descendent or sibling of such Person or of the spouse of such Person, or (c) any trust for the benefit of such Person or any other person described in clause (b) of this
Section 1.71.
PERSON means any individual or Entity, and the heirs, executors,
administrators, legal representatives, successors and assigns of such individual or Entity where the context so permits.
PROFITS and LOSSES has the meaning set forth in Section 6.2(f).
PROHIBITED TRANSFEREE means any Person who is a:
(a) person or entity who is a designated national, specially designated national, specially designated
terrorist, specially designated global terrorist, foreign terrorist organization, or blocked person within the definitions set forth in the Foreign Assets Control Regulations of the United States Treasury
Department, 31 C.F.R., Subtitle B, Chapter V, as amended;
(b) person acting on behalf of, or an entity owned or controlled by,
any government against whom the United States maintains economic sanctions or embargoes under the Regulations of the United States Treasury Department, 31 C.F.R., Subtitle B, Chapter V, as amended, including, but not limited to, the
Government of Sudan, the Government of Iran, the Government of Cuba or any Cuban national; or
(c)
person or entity subject to restrictions imposed by the following statutes or Regulations and Executive Orders issued thereunder: the Trading with the Enemy Act, 50 U.S.C. app. Sections 1 et. seq., the Iraq Sanctions Act, Pub. L. 101-513, Title V, Sections 586 to 586J, 104 Stat. 2047, the National Emergencies Act, 50 U.S.C. Sections 1601 et. seq., the Antiterrorism and Effective Death Penalty Act of 1996, Pub. L. 104-132, 110 Stat. 1214-1319, the International Emergency Economic Powers Act, 50 U.S.C. Sections 1701 et seq., the United Nations Participation Act, 22 U.S.C. Section 287c, the International Security and
Development Cooperation Act, 22 U.S.C. Section 2349aa-9, the Nuclear Proliferation Prevention Act of 1994, Pub. L. 103-236, 108 Stat. 507, the Foreign Narcotics
Kingpin Designation Act, 21 U.S.C. Sections 1901 et. seq., the Iran and Libya Sanctions Act of 1996, Pub. L. 104-172, 110 Stat. 1541, the Cuban Democracy Act, 22 U.S.C. Sections 6001 et seq., the
Cuban Liberty and Democratic Solidarity Act, 22 U.S.C. Sections 6021-91, and the Foreign Operations, Export Financing and Related Programs Appropriations Act, 1997, Pub. L.
104-208, 110 Stat. 3009-172, or any other law of similar import as to any non-U.S. country, person or entity, as each such Act or
law has been or may be amended, adjusted, modified, or reviewed from time to time.
10