{"component": "clause", "props": {"groups": [{"snippet": "Section 7.01 Transfer of the General Partner's Partnership Interest.\n(a) The General Partner shall not transfer all or any portion of its General Partnership Interest or withdraw as General Partner except as provided in Section 7.01(c) or in connection with a transaction described in Section 7.01(d) or (e).\n(b) The General Partner agrees that its Percentage Interest will at all times be in the aggregate at least 1%.\n(c) Except as otherwise provided herein in Section 7.01(d) or (e) hereof, the Company shall not engage in any merger, consolidation or other combination with or into another Person or sale of all or substantially all of its assets, or any reclassification, or any recapitalization or change of outstanding REIT Shares (other than a change in par value, or from par value to no par value, or as a result of a subdivision or combination of REIT Shares), in each case which results in a change of control of the Company (a \"Transaction\"), unless:\n(i) as a result of such Transaction all Limited Partners will receive for each Partnership Unit an amount of cash, securities or other property equal to the product of the Conversion Factor and the greatest amount of cash, securities or other property paid in the Transaction to a holder of one REIT Share in consideration of one REIT Share, provided that if, in connection with the Transaction, a purchase, tender or exchange offer (\"Offer\") shall have been made to, and accepted by, the holders of more than 50% of the outstanding REIT Shares, each holder of Partnership Units shall be given the option to exchange its Partnership Units for the greatest amount of cash, securities or other property which a Limited Partner would have received had it (A) exercised its Redemption Right and (B) sold, tendered or exchanged pursuant to the Offer the REIT Shares received upon exercise of the Redemption Right immediately prior to the expiration of the Offer; or\n(ii) the Company is the surviving entity in the Transaction and either the holders of REIT Shares do not receive cash, securities or other property in the Transaction or (B) all Limited Partners (other than the General Partner or an Affiliate of the General Partner) receive an amount of cash, securities or other property (expressed as an amount per REIT Share) that is no less than the product of Conversion Factor and the greatest amount of cash, securities or other property (expressed as an amount per REIT Share) received in the Transaction by any holder of REIT Shares.\n(d) Notwithstanding Section 7.01(c), the Company may merge with or into or consolidate with another entity if immediately after such merger or consolidation\n(i) substantially all of the assets of the successor or surviving entity, including any wholly owned Subsidiary of such entity (collectively, the \"Survivor\"), other than Partnership Units or the stock of any wholly owned Subsidiary, are contributed, directly or indirectly, to the Partnership as a Capital Contribution in exchange for Partnership Units with a fair market value equal to the value of the assets so contributed as determined by the Survivor in good faith and (ii) the Survivor expressly agrees to assume all obligations of the Company, as appropriate, hereunder. Upon such contribution and assumption, the Survivor shall have the right and duty to amend this Agreement as set forth in this Section 7.01(d). The Survivor shall in good faith arrive at a new method for the calculation of the Cash Amount, the REIT Shares Amount and Conversion Factor for a Partnership Unit after any such merger or consolidation so as to approximate the existing method for such calculation as closely as reasonably possible. Such calculation shall take into account, among other things, the kind and amount of securities, cash and other property that was receivable upon such merger or consolidation by a holder of REIT Shares or options, warrants or other rights relating thereto and to which a holder of Partnership Units could have acquired had such Partnership Units been redeemed immediately prior to such merger or consolidation. Such amendment to this Agreement shall provide for adjustment to such method of calculation, which shall be as nearly equivalent as may be practicable to the adjustments provided for with respect to the Conversion Factor. The Survivor also shall in good faith modify the definition of REIT Shares and make such amendments to Section 8.05 hereof so as to approximate the existing rights and obligations set forth in Section 8.05 as closely as reasonably possible. The above provisions of this Section 7.01(d) shall similarly apply to successive mergers or consolidations permitted hereunder.\n(e) Notwithstanding Section 7.01(c),\n(i) a General Partner (including the Company) may transfer all or any portion of its General Partnership Interest to (A) a wholly owned Subsidiary of such General Partner or (B) the owner of all of the ownership interests of such General Partner and following a transfer of all of its General Partnership Interest, withdraw as General Partner; and\n(ii) the Company may engage in any transaction not required by law or by the rules of any national securities exchange on which the REIT Shares are listed to be submitted to the vote of the holders of the REIT Shares.", "snippet_links": [{"key": "transfer-of-the-general-partner", "type": "clause", "offset": [13, 44]}, {"key": "general-partnership-interest", "type": "definition", "offset": [138, 166]}, {"key": "except-as-provided-in", "type": "clause", "offset": [198, 219]}, {"key": "in-connection-with", "type": "clause", "offset": [239, 257]}, {"key": "percentage-interest", "type": "definition", "offset": [349, 368]}, {"key": "at-all-times", "type": "definition", "offset": [374, 386]}, {"key": "in-the-aggregate", "type": "definition", "offset": [390, 406]}, {"key": "except-as-otherwise-provided", "type": "clause", "offset": [424, 452]}, {"key": "the-company-shall", "type": "clause", "offset": [494, 511]}, {"key": "engage-in-any", "type": "definition", "offset": [516, 529]}, {"key": "other-combination", "type": "definition", "offset": [555, 572]}, {"key": "another-person", "type": "definition", "offset": [586, 600]}, {"key": "all-or-substantially-all", "type": "clause", "offset": [612, 636]}, {"key": "change-in-par-value", "type": "clause", "offset": [752, 771]}, {"key": "subdivision-or-combination", "type": "definition", "offset": [828, 854]}, {"key": "each-case", "type": "definition", "offset": [875, 884]}, {"key": "a-change-of-control-of-the-company", "type": "clause", "offset": [902, 936]}, {"key": "limited-partners", "type": "clause", "offset": [1004, 1020]}, {"key": "securities-or-other-property", "type": "definition", "offset": [1079, 1107]}, {"key": "equal-to", "type": "definition", "offset": [1108, 1116]}, {"key": "the-product", "type": "definition", "offset": [1117, 1128]}, {"key": "conversion-factor", "type": "clause", "offset": [1136, 1153]}, {"key": "the-transaction", "type": "clause", "offset": [1224, 1239]}, {"key": "a-holder", "type": "definition", "offset": [1243, 1251]}, {"key": "in-consideration-of", "type": "clause", "offset": [1270, 1289]}, {"key": "provided-that", "type": "clause", "offset": [1306, 1319]}, {"key": "a-purchase", "type": "definition", "offset": [1360, 1370]}, {"key": "tender-or-exchange-offer", "type": "clause", "offset": [1372, 1396]}, {"key": "accepted-by", "type": "definition", "offset": [1436, 1447]}, {"key": "holders-of", "type": "clause", "offset": [1453, 1463]}, {"key": "partnership-units", "type": "clause", "offset": [1525, 1542]}, {"key": "option-to-exchange", "type": "clause", "offset": [1562, 1580]}, {"key": "a-limited", "type": "clause", "offset": [1671, 1680]}, {"key": "redemption-right", "type": "definition", "offset": [1734, 1750]}, {"key": "pursuant-to-the", "type": "clause", "offset": [1787, 1802]}, {"key": "the-reit", "type": "clause", "offset": [1809, 1817]}, {"key": "shares-received", "type": "clause", "offset": [1818, 1833]}, {"key": "the-redemption", "type": "clause", "offset": [1851, 1865]}, {"key": "prior-to-the", "type": "clause", "offset": [1884, 1896]}, {"key": "expiration-of-the-offer", "type": "clause", "offset": [1897, 1920]}, {"key": "the-surviving-entity", "type": "clause", "offset": [1945, 1965]}, {"key": "affiliate-of", "type": "definition", "offset": [2158, 2170]}, {"key": "notwithstanding-section", "type": "clause", "offset": [2506, 2529]}, {"key": "another-entity", "type": "definition", "offset": [2594, 2608]}, {"key": "merger-or-consolidation", "type": "definition", "offset": [2635, 2658]}, {"key": "substantially-all-of-the-assets", "type": "definition", "offset": [2663, 2694]}, {"key": "subsidiary-of", "type": "definition", "offset": [2760, 2773]}, {"key": "the-stock", "type": "clause", "offset": [2850, 2859]}, {"key": "directly-or-indirectly", "type": "clause", "offset": [2909, 2931]}, {"key": "to-the-partnership", "type": "clause", "offset": [2933, 2951]}, {"key": "capital-contribution", "type": "clause", "offset": [2957, 2977]}, {"key": "in-exchange", "type": "clause", "offset": [2978, 2989]}, {"key": "fair-market-value", "type": "clause", "offset": [3019, 3036]}, {"key": "the-value", "type": "clause", "offset": [3046, 3055]}, {"key": "in-good-faith", "type": "clause", "offset": [3115, 3128]}, {"key": "to-assume", "type": "clause", "offset": [3168, 3177]}, {"key": "obligations-of-the-company", "type": "clause", "offset": [3182, 3208]}, {"key": "contribution-and-assumption", "type": "clause", "offset": [3247, 3274]}, {"key": "the-right", "type": "clause", "offset": [3300, 3309]}, {"key": "to-amend-this-agreement", "type": "clause", "offset": [3319, 3342]}, {"key": "calculation-of-the", "type": "clause", "offset": [3445, 3463]}, {"key": "cash-amount", "type": "definition", "offset": [3464, 3475]}, {"key": "reit-shares-amount", "type": "definition", "offset": [3481, 3499]}, {"key": "and-conversion", "type": "clause", "offset": [3500, 3514]}, {"key": "take-into-account", "type": "definition", "offset": [3704, 3721]}, {"key": "amount-of-securities", "type": "clause", "offset": [3756, 3776]}, {"key": "other-rights", "type": "clause", "offset": [3907, 3919]}, {"key": "amendment-to-this-agreement", "type": "clause", "offset": [4097, 4124]}, {"key": "provide-for", "type": "definition", "offset": [4131, 4142]}, {"key": "adjustment-to", "type": "clause", "offset": [4143, 4156]}, {"key": "method-of-calculation", "type": "definition", "offset": [4162, 4183]}, {"key": "with-respect-to", "type": "clause", "offset": [4275, 4290]}, {"key": "the-definition-of", "type": "definition", "offset": [4359, 4376]}, {"key": "amendments-to-section", "type": "definition", "offset": [4403, 4424]}, {"key": "existing-rights-and-obligations", "type": "definition", "offset": [4462, 4493]}, {"key": "provisions-of-this-section", "type": "clause", "offset": [4565, 4591]}, {"key": "mergers-or-consolidations", "type": "clause", "offset": [4636, 4661]}, {"key": "a-general", "type": "clause", "offset": [4724, 4733]}, {"key": "the-owner", "type": "definition", "offset": [4898, 4907]}, {"key": "ownership-interests", "type": "definition", "offset": [4922, 4941]}, {"key": "required-by-law", "type": "clause", "offset": [5119, 5134]}, {"key": "rules-of", "type": "definition", "offset": [5145, 5153]}, {"key": "national-securities-exchange", "type": "definition", "offset": [5158, 5186]}], "samples": [{"hash": "h3ME9m37SyB", "uri": "/contracts/h3ME9m37SyB#changes-in-general-partner", "label": "Limited Partnership Agreement (NNN Apartment REIT, Inc.)", "score": 18.0, "published": true}, {"hash": "d8eJRQ4Qudh", "uri": "/contracts/d8eJRQ4Qudh#changes-in-general-partner", "label": "Limited Partnership Agreement (NNN Apartment REIT, Inc.)", "score": 18.0, "published": true}, {"hash": "aHPf3eU0vQi", "uri": "/contracts/aHPf3eU0vQi#changes-in-general-partner", "label": "Limited Partnership Agreement (A Reit Inc)", "score": 18.0, "published": true}], "size": 61, "hash": "f749d48497d5ee143f485f321bb66a3e", "id": 1}, {"snippet": "7.1 Transfer of the General Partner\u2019s Units.\n(a) The General Partner shall not transfer all or any portion of its Units or withdraw as General Partner except as provided in, or in connection with a transaction contemplated by, Section 7.1(b) or Section 7.1(c).\n(b) Except as otherwise provided in Section 7.1(c) hereof, the General Partner shall not engage in any merger, consolidation or other combination with or into another Person or the sale of all or substantially all of its assets (other than in connection with a change in the General Partner\u2019s state of incorporation or organizational form), in each case which results in a change of control of the General Partner (a \u201cREIT Transaction\u201d), unless the consent of Limited Partners holding more than 50% of the Percentage Interests of the Limited Partners (including, as applicable, Limited Partner Interests held by the General Partner) is obtained.\n(c) Notwithstanding Section 7.1(a) or 7.1(b),\n(i) a General Partner may transfer all or any portion of its General Partnership Units to (A) a wholly owned Subsidiary of such General Partner or (B) the owner of all of the ownership interests of such General Partner, and following a transfer of all of its General Partnership Units, may withdraw as General Partner; and\n(ii) the General Partner may engage in a transaction not required to be submitted to the vote of the holders of its capital stock by law or by the rules of any national securities exchange on which any of the General Partner\u2019s capital stock is listed.\n7.2 Admission of a Substitute or Additional General Partner. A Person shall be admitted as a substitute or additional General Partner of the Partnership only if the following terms and conditions are satisfied:\n(a) the Person to be admitted as a substitute or additional General Partner shall have accepted and agreed to be bound by all the terms and provisions of this Agreement by executing a counterpart thereof and such other documents or instruments as may be required or appropriate in order to effect the admission of such Person as a General Partner, and a certificate evidencing the admission of such Person as a General Partner shall have been filed for recordation and all other actions required by Section 2.4 hereof in connection with such admission shall have been performed;\n(b) if the Person to be admitted as a substitute or additional General Partner is a corporation or a partnership it shall have provided the Partnership with evidence satisfactory to counsel for the Partnership of such Person\u2019s authority to become a General Partner and to be bound by the terms and provisions of this Agreement; and\n(c) counsel for the Partnership shall have rendered an opinion (relying on such opinions from other counsel as may be necessary) that (x) the admission of the Person to be admitted as a substitute or additional General Partner is in conformity with the Act and (y) none of the actions taken in connection with the admission of such Person as a substitute or additional General Partner will cause (i) the Partnership to be classified other than as a partnership for federal tax purposes, or (ii) the loss of any Limited Partner\u2019s limited liability.", "snippet_links": [{"key": "transfer-of-the-general-partner", "type": "clause", "offset": [4, 35]}, {"key": "except-as-provided-in", "type": "clause", "offset": [151, 172]}, {"key": "in-connection-with", "type": "clause", "offset": [177, 195]}, {"key": "except-as-otherwise-provided", "type": "clause", "offset": [265, 293]}, {"key": "engage-in-any", "type": "definition", "offset": [350, 363]}, {"key": "other-combination", "type": "definition", "offset": [389, 406]}, {"key": "another-person", "type": "definition", "offset": [420, 434]}, {"key": "all-or-substantially-all", "type": "clause", "offset": [450, 474]}, {"key": "in-the-general", "type": "clause", "offset": [529, 543]}, {"key": "state-of-incorporation", "type": "clause", "offset": [554, 576]}, {"key": "organizational-form", "type": "definition", "offset": [580, 599]}, {"key": "each-case", "type": "definition", "offset": [605, 614]}, {"key": "control-of-the", "type": "clause", "offset": [644, 658]}, {"key": "reit-transaction", "type": "definition", "offset": [679, 695]}, {"key": "consent-of-limited-partners", "type": "clause", "offset": [710, 737]}, {"key": "percentage-interests", "type": "clause", "offset": [767, 787]}, {"key": "the-limited-partners", "type": "clause", "offset": [791, 811]}, {"key": "limited-partner-interests", "type": "definition", "offset": [839, 864]}, {"key": "by-the-general-partner", "type": "clause", "offset": [870, 892]}, {"key": "notwithstanding-section", "type": "clause", "offset": [911, 934]}, {"key": "a-general", "type": "clause", "offset": [957, 966]}, {"key": "general-partnership-units", "type": "definition", "offset": [1014, 1039]}, {"key": "subsidiary-of", "type": "definition", "offset": [1062, 1075]}, {"key": "the-owner", "type": "definition", "offset": [1104, 1113]}, {"key": "ownership-interests", "type": "definition", "offset": [1128, 1147]}, {"key": "not-required", "type": "definition", "offset": [1329, 1341]}, {"key": "holders-of", "type": "clause", "offset": [1377, 1387]}, {"key": "capital-stock", "type": "clause", "offset": [1392, 1405]}, {"key": "rules-of", "type": "definition", "offset": [1423, 1431]}, {"key": "national-securities-exchange", "type": "definition", "offset": [1436, 1464]}, {"key": "admission-of-a-substitute-or-additional-general-partner", "type": "clause", "offset": [1532, 1587]}, {"key": "a-person", "type": "clause", "offset": [1589, 1597]}, {"key": "general-partner-of-the-partnership", "type": "clause", "offset": [1646, 1680]}, {"key": "the-following-terms-and-conditions", "type": "clause", "offset": [1689, 1723]}, {"key": "accepted-and-agreed-to", "type": "clause", "offset": [1826, 1848]}, {"key": "provisions-of-this-agreement", "type": "clause", "offset": [1879, 1907]}, {"key": "other-documents", "type": "definition", "offset": [1952, 1967]}, {"key": "in-order-to", "type": "clause", "offset": [2017, 2028]}, {"key": "required-by", "type": "definition", "offset": [2226, 2237]}, {"key": "section-24", "type": "clause", "offset": [2238, 2249]}, {"key": "a-corporation", "type": "clause", "offset": [2400, 2413]}, {"key": "counsel-for-the-partnership", "type": "definition", "offset": [2500, 2527]}, {"key": "authority-to", "type": "definition", "offset": [2545, 2557]}, {"key": "an-opinion", "type": "clause", "offset": [2702, 2712]}, {"key": "opinions-from", "type": "clause", "offset": [2730, 2743]}, {"key": "other-counsel", "type": "clause", "offset": [2744, 2757]}, {"key": "conformity-with-the-act", "type": "clause", "offset": [2883, 2906]}, {"key": "actions-taken", "type": "clause", "offset": [2927, 2940]}, {"key": "federal-tax-purposes", "type": "clause", "offset": [3115, 3135]}, {"key": "loss-of", "type": "definition", "offset": [3149, 3156]}, {"key": "limited-liability", "type": "definition", "offset": [3179, 3196]}], "samples": [{"hash": "aJtIuWNEarX", "uri": "/contracts/aJtIuWNEarX#changes-in-general-partner", "label": "Limited Partnership Agreement (Cantor Fitzgerald Income Trust, Inc.)", "score": 37.0164260864, "published": true}, {"hash": "2ypGI8ds3Jk", "uri": "/contracts/2ypGI8ds3Jk#changes-in-general-partner", "label": "Limited Partnership Agreement (Cantor Fitzgerald Income Trust, Inc.)", "score": 31.6173858643, "published": true}, {"hash": "hT4KpNGQLTw", "uri": "/contracts/hT4KpNGQLTw#changes-in-general-partner", "label": "Limited Partnership Agreement (Rodin Income Trust, Inc.)", "score": 29.4490070343, "published": true}], "size": 26, "hash": "14cb46796537bca49c88888e07aa9ac5", "id": 2}, {"snippet": "Section 7.01. Transfer of the General Partner's Partnership Interest................................ 33 Section 7.02. Admission of a Substitute or Additional General Partner............................... 35 Section 7.03. Effect of Bankruptcy, Withdraw, Death or Dissolution of a General Partner............. 35 Section 7.04. Removal of a General Partner.......................................................... 36 Section 7.05. Option to Acquire Special Limited Partnership Interest................................", "snippet_links": [{"key": "transfer-of-the-general-partner", "type": "clause", "offset": [14, 45]}, {"key": "admission-of-a-substitute-or-additional-general-partner", "type": "clause", "offset": [118, 173]}, {"key": "effect-of-bankruptcy", "type": "definition", "offset": [222, 242]}, {"key": "death-or-dissolution", "type": "clause", "offset": [254, 274]}, {"key": "removal-of-a-general-partner", "type": "clause", "offset": [326, 354]}, {"key": "option-to-acquire", "type": "clause", "offset": [430, 447]}, {"key": "special-limited-partnership-interest", "type": "definition", "offset": [448, 484]}], "samples": [{"hash": "i1spwuxKNHi", "uri": "/contracts/i1spwuxKNHi#changes-in-general-partner", "label": "Limited Partnership Agreement (T Reit Inc)", "score": 18.0, "published": true}], "size": 22, "hash": "2c5bbfd4dd37822d366caf689fc5a49c", "id": 3}, {"snippet": "18 7.1 Transfer Of The General Partner's Partnership Interest............................................... 18 7.2 Admission Of A Substitute Or Additional General Partner..............................................", "snippet_links": [{"key": "transfer-of-the-general-partner", "type": "clause", "offset": [7, 38]}, {"key": "partnership-interest", "type": "definition", "offset": [41, 61]}, {"key": "admission-of-a-substitute-or-additional-general-partner", "type": "clause", "offset": [116, 171]}], "samples": [{"hash": "j6TlURpShgz", "uri": "/contracts/j6TlURpShgz#changes-in-general-partner", "label": "Limited Partnership Agreement (Cornerstone Core Properties REIT, Inc.)", "score": 18.0, "published": true}, {"hash": "izSo9eMSDB", "uri": "/contracts/izSo9eMSDB#changes-in-general-partner", "label": "Limited Partnership Agreement (Cornerstone Core Properties REIT, Inc.)", "score": 18.0, "published": true}, {"hash": "4QzyXxXfn5o", "uri": "/contracts/4QzyXxXfn5o#changes-in-general-partner", "label": "Limited Partnership Agreement (Cornerstone Realty Fund Inc)", "score": 18.0, "published": true}], "size": 14, "hash": "55c2d9c01cfa6709ce8890d546d4c0e5", "id": 4}, {"snippet": "7.1 Transfer of the General Partner\u2019s Partnership Interest.\n(a) The General Partner shall not transfer all or any portion of its General Partnership Interest or withdraw as General Partner except as provided in, or in connection with a transaction contemplated by, Section 7.1(c).\n(b) Except as otherwise provided in Section 7.1(c) hereof, the General Partner shall not engage in any merger, consolidation or other combination with or into another Person or the sale of all or substantially all of its assets (other than in connection with a change in the General Partner\u2019s state of incorporation or organizational form), in each case which results in a change of control of the General Partner (a \u201cTransaction\u201d), unless the consent of Limited Partners holding more than 50% of the Percentage Interests of the Limited Partners is obtained.\n(c) Notwithstanding Section 7.1(a) or (b),\n(i) a General Partner may transfer all or any portion of its General Partnership Interest to (A) a wholly owned Subsidiary of such General Partner or (B) the owner of all of the ownership interests of such General Partner, and following a transfer of all of its General Partnership Interest, may withdraw as General Partner; and\n(ii) the General Partner may engage in a transaction not required by law or by the rules of any national securities exchange on which the General Partner\u2019s shares are listed to be submitted to the vote of the holders of the General Partner\u2019s shares.\n7.2 Admission of a Substitute or Additional General Partner. A Person shall be admitted as a substitute or additional General Partner of the Partnership only if the following terms and conditions are satisfied:\n(a) the Person to be admitted as a substitute or additional General Partner shall have accepted and agreed to be bound by all the terms and provisions of this Agreement by executing a counterpart thereof and such other documents or instruments as may be required or appropriate in order to effect the admission of such Person as a General Partner, and a certificate evidencing the admission of such Person as a General Partner shall have been filed for recordation and all other actions required by Section 2.4 hereof in connection with such admission shall have been performed;\n(b) if the Person to be admitted as a substitute or additional General Partner is a corporation or a partnership it shall have provided the Partnership with evidence satisfactory to counsel for the Partnership of such Person\u2019s authority to become a General Partner and to be bound by the terms and provisions of this Agreement; and\n(c) counsel for the Partnership shall have rendered an opinion (relying on such opinions from other counsel as may be necessary) that (i) the admission of the Person to be admitted as a substitute or additional General Partner is in conformity with the Act and (ii) none of the actions taken in connection with the admission of such Person as a substitute or additional General Partner will cause (x) the Partnership to be classified other than as a partnership for federal tax purposes, or (y) the loss of any Limited Partner\u2019s limited liability.", "snippet_links": [{"key": "transfer-of-the-general-partner", "type": "clause", "offset": [4, 35]}, {"key": "general-partnership-interest", "type": "definition", "offset": [129, 157]}, {"key": "except-as-provided-in", "type": "clause", "offset": [189, 210]}, {"key": "in-connection-with", "type": "clause", "offset": [215, 233]}, {"key": "except-as-otherwise-provided", "type": "clause", "offset": [285, 313]}, {"key": "engage-in-any", "type": "definition", "offset": [370, 383]}, {"key": "other-combination", "type": "definition", "offset": [409, 426]}, {"key": "another-person", "type": "definition", "offset": [440, 454]}, {"key": "all-or-substantially-all", "type": "clause", "offset": [470, 494]}, {"key": "in-the-general", "type": "clause", "offset": [549, 563]}, {"key": "state-of-incorporation", "type": "clause", "offset": [574, 596]}, {"key": "organizational-form", "type": "definition", "offset": [600, 619]}, {"key": "each-case", "type": "definition", "offset": [625, 634]}, {"key": "control-of-the", "type": "clause", "offset": [664, 678]}, {"key": "consent-of-limited-partners", "type": "clause", "offset": [725, 752]}, {"key": "percentage-interests", "type": "clause", "offset": [782, 802]}, {"key": "the-limited-partners", "type": "clause", "offset": [806, 826]}, {"key": "notwithstanding-section", "type": "clause", "offset": [844, 867]}, {"key": "a-general", "type": "clause", "offset": [887, 896]}, {"key": "subsidiary-of", "type": "definition", "offset": [995, 1008]}, {"key": "the-owner", "type": "definition", "offset": [1037, 1046]}, {"key": "ownership-interests", "type": "definition", "offset": [1061, 1080]}, {"key": "required-by-law", "type": "clause", "offset": [1269, 1284]}, {"key": "rules-of", "type": "definition", "offset": [1295, 1303]}, {"key": "national-securities-exchange", "type": "definition", "offset": [1308, 1336]}, {"key": "holders-of", "type": "clause", "offset": [1421, 1431]}, {"key": "admission-of-a-substitute-or-additional-general-partner", "type": "clause", "offset": [1466, 1521]}, {"key": "a-person", "type": "clause", "offset": [1523, 1531]}, {"key": "general-partner-of-the-partnership", "type": "clause", "offset": [1580, 1614]}, {"key": "the-following-terms-and-conditions", "type": "clause", "offset": [1623, 1657]}, {"key": "accepted-and-agreed-to", "type": "clause", "offset": [1760, 1782]}, {"key": "provisions-of-this-agreement", "type": "clause", "offset": [1813, 1841]}, {"key": "other-documents", "type": "definition", "offset": [1886, 1901]}, {"key": "in-order-to", "type": "clause", "offset": [1951, 1962]}, {"key": "actions-required", "type": "clause", "offset": [2152, 2168]}, {"key": "section-24", "type": "clause", "offset": [2172, 2183]}, {"key": "a-corporation", "type": "clause", "offset": [2334, 2347]}, {"key": "counsel-for-the-partnership", "type": "definition", "offset": [2434, 2461]}, {"key": "authority-to", "type": "definition", "offset": [2479, 2491]}, {"key": "an-opinion", "type": "clause", "offset": [2636, 2646]}, {"key": "opinions-from", "type": "clause", "offset": [2664, 2677]}, {"key": "other-counsel", "type": "clause", "offset": [2678, 2691]}, {"key": "conformity-with-the-act", "type": "clause", "offset": [2817, 2840]}, {"key": "actions-taken", "type": "clause", "offset": [2862, 2875]}, {"key": "federal-tax-purposes", "type": "clause", "offset": [3050, 3070]}, {"key": "loss-of", "type": "definition", "offset": [3083, 3090]}, {"key": "limited-liability", "type": "definition", "offset": [3113, 3130]}], "samples": [{"hash": "8QO2kDiT9pj", "uri": "/contracts/8QO2kDiT9pj#changes-in-general-partner", "label": "Limited Partnership Agreement (MVP REIT II, Inc.)", "score": 26.7275829315, "published": true}, {"hash": "3xnq4LvdLOV", "uri": "/contracts/3xnq4LvdLOV#changes-in-general-partner", "label": "Limited Partnership Agreement (MVP REIT II, Inc.)", "score": 26.5687885284, "published": true}, {"hash": "8BaSUzR7dT1", "uri": "/contracts/8BaSUzR7dT1#changes-in-general-partner", "label": "Limited Partnership Agreement (ARC Realty Finance Trust, Inc.)", "score": 26.013004303, "published": true}], "size": 11, "hash": "9af2f7457bcd1d7c912151c96ca1909c", "id": 5}, {"snippet": "1Transfer of the General Partner\u2019s Partnership Interest.", "snippet_links": [{"key": "the-general-partner", "type": "definition", "offset": [13, 32]}, {"key": "partnership-interest", "type": "definition", "offset": [35, 55]}], "samples": [{"hash": "8S00SwN8qP2", "uri": "/contracts/8S00SwN8qP2#changes-in-general-partner", "label": "Limited Partnership Agreement (New Mountain Net Lease Trust)", "score": 37.2436676025, "published": true}, {"hash": "iAGRmCiXmKL", "uri": "/contracts/iAGRmCiXmKL#changes-in-general-partner", "label": "Limited Partnership Agreement (Ares Real Estate Income Trust Inc.)", "score": 34.7919235229, "published": true}, {"hash": "9qLOyVNR8ns", "uri": "/contracts/9qLOyVNR8ns#changes-in-general-partner", "label": "Limited Partnership Agreement (Ares Real Estate Income Trust Inc.)", "score": 34.6071166992, "published": true}], "size": 8, "hash": "4ee768233483874d5883d0b707c8b3bc", "id": 6}, {"snippet": "23 7.1. Transfer of the General Partner\u2019s Partnership Interest. 23 7.2. Admission of a Substitute or Additional General Partner. 24 7.3. Effect of Bankruptcy, Withdrawal, Death or Dissolution of the sole remaining General Partner. 24 7.4. Removal of a General Partner. 24", "snippet_links": [{"key": "transfer-of-the-general-partner", "type": "clause", "offset": [8, 39]}, {"key": "partnership-interest", "type": "definition", "offset": [42, 62]}, {"key": "admission-of-a-substitute-or-additional-general-partner", "type": "clause", "offset": [72, 127]}, {"key": "effect-of-bankruptcy", "type": "definition", "offset": [137, 157]}, {"key": "dissolution-of-the", "type": "clause", "offset": [180, 198]}, {"key": "removal-of-a-general-partner", "type": "clause", "offset": [239, 267]}], "samples": [{"hash": "fjxtvuJqmtl", "uri": "/contracts/fjxtvuJqmtl#changes-in-general-partner", "label": "Limited Partnership Agreement (Sculptor Diversified Real Estate Income Trust, Inc.)", "score": 36.2361412048, "published": true}, {"hash": "6WBBoomvIWk", "uri": "/contracts/6WBBoomvIWk#changes-in-general-partner", "label": "Limited Partnership Agreement (Sculptor Diversified Real Estate Income Trust, Inc.)", "score": 36.2361412048, "published": true}], "size": 7, "hash": "ce5ae4f1dc1b92bbc7762791c68cf56e", "id": 7}, {"snippet": "7.1 Transfer of the General Partner\u2019s Partnership Units.\n(a) The General Partner shall not transfer all or any portion of its General Partnership Units or withdraw as General Partner except as provided in, or in connection with a transaction contemplated by, Section 7.1(c).\n(b) Except as otherwise provided in Section 6.4(b) or Section 7.1(c) hereof, the General Partner shall not engage in any merger, consolidation or other combination with or into another Person or the sale of all or substantially all of its assets (other than in connection with a change in the General Partner\u2019s state of incorporation or organizational form), in each case which results in a change of control of the General Partner (a \u201cTransaction\u201d), unless the consent of Limited Partners holding more than 50% of the Percentage Interests of the Limited Partners is obtained.\n(c) Notwithstanding Section 7.1(a) or (b),\n(i) a General Partner may transfer all or any portion of its General Partnership Units to (A) a wholly owned Subsidiary of such General Partner or (B) the owner of all of the ownership interests of such General Partner, and following a transfer of all of its General Partnership Units, may withdraw as General Partner; and\n(ii) the General Partner may engage in a transaction not required by law or by the rules of any national securities exchange on which the General Partner\u2019s shares are listed to be submitted to the vote of the holders of the General Partner\u2019s shares.", "snippet_links": [{"key": "transfer-of-the-general-partner", "type": "clause", "offset": [4, 35]}, {"key": "general-partnership-units", "type": "definition", "offset": [126, 151]}, {"key": "except-as-provided-in", "type": "clause", "offset": [183, 204]}, {"key": "in-connection-with", "type": "clause", "offset": [209, 227]}, {"key": "except-as-otherwise-provided", "type": "clause", "offset": [279, 307]}, {"key": "engage-in-any", "type": "definition", "offset": [382, 395]}, {"key": "other-combination", "type": "definition", "offset": [421, 438]}, {"key": "another-person", "type": "definition", "offset": [452, 466]}, {"key": "all-or-substantially-all", "type": "clause", "offset": [482, 506]}, {"key": "in-the-general", "type": "clause", "offset": [561, 575]}, {"key": "state-of-incorporation", "type": "clause", "offset": [586, 608]}, {"key": "organizational-form", "type": "definition", "offset": [612, 631]}, {"key": "each-case", "type": "definition", "offset": [637, 646]}, {"key": "control-of-the", "type": "clause", "offset": [676, 690]}, {"key": "consent-of-limited-partners", "type": "clause", "offset": [737, 764]}, {"key": "percentage-interests", "type": "clause", "offset": [794, 814]}, {"key": "the-limited-partners", "type": "clause", "offset": [818, 838]}, {"key": "notwithstanding-section", "type": "clause", "offset": [856, 879]}, {"key": "a-general", "type": "clause", "offset": [899, 908]}, {"key": "subsidiary-of", "type": "definition", "offset": [1004, 1017]}, {"key": "the-owner", "type": "definition", "offset": [1046, 1055]}, {"key": "ownership-interests", "type": "definition", "offset": [1070, 1089]}, {"key": "required-by-law", "type": "clause", "offset": [1275, 1290]}, {"key": "rules-of", "type": "definition", "offset": [1301, 1309]}, {"key": "national-securities-exchange", "type": "definition", "offset": [1314, 1342]}, {"key": "holders-of", "type": "clause", "offset": [1427, 1437]}], "samples": [{"hash": "fRBUn8bEhPd", "uri": "/contracts/fRBUn8bEhPd#changes-in-general-partner", "label": "Limited Partnership Agreement (NorthStar Real Estate Income Trust, Inc.)", "score": 21.2053394318, "published": true}, {"hash": "FGIpGjOqqW", "uri": "/contracts/FGIpGjOqqW#changes-in-general-partner", "label": "Limited Partnership Agreement (NorthStar Real Estate Income Trust, Inc.)", "score": 21.0, "published": true}, {"hash": "2BzwVMbh1Sa", "uri": "/contracts/2BzwVMbh1Sa#changes-in-general-partner", "label": "Limited Partnership Agreement (NorthStar Real Estate Income Trust, Inc.)", "score": 21.0, "published": true}], "size": 4, "hash": "3dedf61855bb88dc0ccd7bd779d04750", "id": 8}, {"snippet": "28 7.01 Transfer of the General Partner's Partnership Interest. . .", "snippet_links": [{"key": "transfer-of-the-general-partner", "type": "clause", "offset": [8, 39]}, {"key": "partnership-interest", "type": "definition", "offset": [42, 62]}], "samples": [{"hash": "hGhKMGHR5ny", "uri": "/contracts/hGhKMGHR5ny#changes-in-general-partner", "label": "Limited Partnership Agreement (Golf Trust of America Inc)", "score": 18.0, "published": true}], "size": 3, "hash": "804e5c7cd013f6bdf5893549e642885e", "id": 9}, {"snippet": "Withdrawal of a General Partner", "snippet_links": [{"key": "withdrawal-of-a-general-partner", "type": "clause", "offset": [0, 31]}], "samples": [{"hash": "jsseO66E4t3", "uri": "/contracts/jsseO66E4t3#changes-in-general-partner", "label": "Limited Partnership Agreement (WNC Housing Tax Credit Fund Vi Lp Series 5)", "score": 18.0, "published": true}, {"hash": "axQtUvmbVHV", "uri": "/contracts/axQtUvmbVHV#changes-in-general-partner", "label": "Limited Partnership Agreement (WNC Housing Tax Credit Fund Vi Lp Series 5)", "score": 18.0, "published": true}], "size": 2, "hash": "bb47ff204a743d135e76fec0ff4e399f", "id": 10}], "next_curs": "CmMSXWoVc35sYXdpbnNpZGVyY29udHJhY3Rzcj8LEhZDbGF1c2VTbmlwcGV0R3JvdXBfdjU2IiNjaGFuZ2VzLWluLWdlbmVyYWwtcGFydG5lciMwMDAwMDAwYQyiAQJlbhgAIAA=", "clause": {"children": [["admission-of-a-substitute-or-additional-general-partner", "Admission of a Substitute or Additional General Partner"], ["removal-of-a-general-partner", "Removal of a General Partner"], ["transfer-of-the-general-partners-partnership-interest", "Transfer of the General Partner\u2019s Partnership Interest"], ["effect-of-bankruptcy-withdrawal-death-or-dissolution-of-a-general-partner", "Effect of Bankruptcy, Withdrawal, Death or Dissolution of a General Partner"], ["effect-of-bankruptcy-withdrawal-death-or-dissolution-of-the-sole-remaining-general-partner", "Effect of Bankruptcy, Withdrawal, Death or Dissolution of the sole remaining General Partner"]], "parents": [["purchase-for-investment", "Purchase for Investment"], ["changes-in-general-partner", "CHANGES IN GENERAL PARTNER"], ["delegation-of-authority", "Delegation of Authority"], ["redemption-right", "Redemption Right"], ["miscellaneous", "Miscellaneous"]], "title": "Changes in General Partner", "size": 444, "id": "changes-in-general-partner", "related": [["changes-in-management", "Changes in Management", "Changes in Management"], ["interest-of-departing-general-partner-and-successor-general-partner", "Interest of Departing General Partner and Successor General Partner", "Interest of Departing General Partner and Successor General Partner"], ["changes-in-writing", "Changes in Writing", "Changes in Writing"], ["changes-in-fiscal-periods", "Changes in Fiscal Periods", "Changes in Fiscal Periods"], ["minor-changes-in-the-work", "MINOR CHANGES IN THE WORK", "MINOR CHANGES IN THE WORK"]], "related_snippets": [], "updated": "2026-07-01T04:28:54+00:00", "also_ask": [], "drafting_tip": null, "explanation": "The \"Changes in General Partner\" clause outlines the procedures and conditions under which the general partner of a partnership or fund may be replaced, removed, or otherwise changed. Typically, this clause specifies the circumstances that can trigger a change, such as resignation, incapacity, or a vote by the limited partners, and may detail the process for appointing a successor. Its core practical function is to ensure continuity and stability in the management of the partnership by providing a clear framework for handling transitions in leadership, thereby minimizing disruption and uncertainty for all parties involved."}, "json": true, "cursor": ""}}