Assignee's Capital Clause Samples

Assignee's Capital. An Assignee of Preferred Units, Units and/or partnership interests shall have the same number of Preferred Units, Units and/or partnership interests, Capital Account, share of Partnership Net Income and Net Loss or items of income or deduction and credit for Capital Contributions in the same amounts and percentages as adjusted for any revaluations required by this Agreement or any state or federal law which are attributed to the assigned Preferred Units, Units and/or partnership interests when held by the assignor.