Substitute Limited Partner definition

Substitute Limited Partner means any Person admitted to the Partnership as a Limited Partner pursuant to Section 9.03 hereof.
Substitute Limited Partner means any Person admitted to the Partnership as a Limited Partner pursuant to Section 9.3 hereof.
Substitute Limited Partner means each Person who acquires an Interest of any Limited Partner in connection with a Transfer by a Limited Partner whose admission as a Limited Partner is approved by the General Partner.

Examples of Substitute Limited Partner in a sentence

  • No assignee of an Interest of a Limited Partner shall become a Substitute Limited Partner of the Partnership without the separate written consent of the General Partner, which consent may be granted or denied in the sole and absolute discretion of the General Partner.


More Definitions of Substitute Limited Partner

Substitute Limited Partner means any transferee of a Limited Partner’s interest in the Fund that has been admitted to the Fund as a Limited Partner by virtue of such transferee receiving all or a portion of a Partnership Interest from a Partner.
Substitute Limited Partner means any Person admitted to the Operating Partnership as a Limited Partner pursuant to Section 9.3 hereof.
Substitute Limited Partner means a Person who is the assignee or transferee, in whole or in part, of a Limited Partner's Interest in the Partnership, who is admitted to the Partnership as a Limited Partner in accordance with Section 7.3 hereof, and who is listed as such on the books and records of the Partnership.
Substitute Limited Partner means any Investor who has elected to convert from an Investor to a Limited Partner pursuant to Section 7.5 of this Agreement.
Substitute Limited Partner a Limited Partner who is admitted as a Substitute Limited Partner in conformity with the provisions of Section 10.1.
Substitute Limited Partner means any Person admitted to the Partnership as a Limited Partner pursuant to Section 9.03 hereof. “Successor Entity” has the meaning set forth in the definition ofConversion Factor” contained herein.
Substitute Limited Partner shall have the meaning set forth in Section 11.1(e).