Common use of Classes of Limited Partners Clause in Contracts

Classes of Limited Partners. There shall be two classes of Limited Partnership Interests, namely, (a) Investor Limited Partnership Interests which shall be acquired and held by the Investor Limited Partners, and (b) Original Limited Partnership Interests which have been acquired and shall be held by the Original Limited Partner.

Classes of Limited Partners. There shall be two classes of Limited Partnership Interests, namely, (a) Investor Limited Partnership Interests which shall be acquired and held by the Investor Limited Partners, and (b) Original Limited Partnership Interests which have been acquired and shall be held by the Original Limited Partner. Subject to the provisions of Section 9 of this Agreement, a Withdrawn General Partner, or his estate or legal representatives, may also be treated as a Limited Partner (but not as an Investor or Original Limited Partner) in respect of any Interest formerly held as a General Partner in the manner specified in Section 9.3(b) hereof.