ADMISSION OF HOLDERS OF PARTNERSHIP PREFERRED SECURITIES; WITHDRAWAL OF INITIAL LIMITED PARTNER. (a) Without execution of this Agreement, upon the receipt of an L.P. Certificate by a Person, whether by purchase, gift, devise or other valid transfer, which receipt shall be deemed to constitute a request by such Person that the books and records of the Partnership reflect such Person's admission as a Limited Partner, such Person shall be admitted to the Partnership as a Limited Partner and shall become bound by this Agreement.
Appears in 13 contracts
Samples: Agreement (Merrill Lynch Preferred Funding I Lp), Agreement (Capita Preferred Trust), Enron Capital Trust I
ADMISSION OF HOLDERS OF PARTNERSHIP PREFERRED SECURITIES; WITHDRAWAL OF INITIAL LIMITED PARTNER. (a) Without execution of this Agreement, upon the receipt acquisition of an L.P. LP Certificate by a Person, whether by purchase, gift, devise or other valid transferotherwise, which receipt acquisition shall be deemed to constitute a request by such Person that the books and records of the Partnership Citizens Capital reflect such Person's admission as a Limited Partner, such Person shall be admitted to the Partnership Citizens Capital as a Limited Partner and shall become bound by this Agreement.
Appears in 2 contracts
Samples: Citizens Utilities Capital L P, Citizens Utilities Capital L P
ADMISSION OF HOLDERS OF PARTNERSHIP PREFERRED SECURITIES; WITHDRAWAL OF INITIAL LIMITED PARTNER. (a) Without execution of this Agreement, upon the receipt of an L.P. Certificate by a Person, whether by purchase, gift, devise or other valid transfer, which receipt shall be deemed to constitute a request by such Person that the books and records of the Partnership reflect such Person's admission as a Limited Partner, such Person shall be admitted to the Partnership as a Limited Partner and shall become bound by this Agreement.such
Appears in 1 contract
Samples: Enron Capital Trust Ii
