Common use of Additional General Partners Clause in Contracts

Additional General Partners. At any time, the General Partner, with the Consent of the Special Limited Partner and subject to any applicable approvals of each Authority and each Lender, may admit an additional general partner to the Partnership with such share of the aggregate General Partner's Interest as shall be agreed upon between the General Partners and the additional general partner. Any additional general partner, as a condition of receiving any Interest, shall agree to be bound by the Project Documents and any other document required in connection therewith and by the provisions of this Agreement to the same extent and on the same terms as the General Partner.

Additional General Partners. At An additional General Partner may be --------------------------- designated by the General Partners at any time, time upon the consent of a majority of the Limited Partners upon and subject to execution of this Agreement as a party hereto and such other documents and instruments as may be necessary or appropriate to affect the admission of such person as a General Partner. Any such additional General Partner shall have all the rights and obligations of a General Partner, with provided that the Consent amount of his interest in the allocations and distributions of the Special Limited Partner and subject to any applicable approvals of each Authority and each Lender, may admit an additional general partner to the Partnership with such share of the aggregate General Partner's Interest as shall be as agreed upon between to among the General Partners and the such additional general partner. Any additional general partner, as a condition of receiving any Interest, shall agree to be bound by the Project Documents and any other document required in connection therewith and by the provisions of this Agreement to the same extent and on the same terms as the General Partner.