Common use of Invalid Assignment Clause in Contracts

Invalid Assignment. 51 Section 12.4 Assignee's Rights to Allocations and Distributions......................................51 Section 12.5 Substitution of Assignee as Limited Partner or Special Limited Partner............................51 Section 12.6 Death, Bankruptcy, Incompetency, etc., of a Limited Partner............................................52 ARTICLE XIII. WITHDRAWAL, REMOVAL AND REPLACEMENT OF GENERAL PARTNER..........52 Section 13.1 Withdrawal of General Partner......................52 Section 13.2 Removal of General Partner.........................52 Section 13.3 Effects of a Withdrawal............................54 Section 13.4 Successor General Partner..........................56 Section 13.5 Admission of Additional or Successor General Partner............................................56 Section 13.6 Transfer of Interest...............................57 Section 13.7 No Goodwill Value..................................57 ARTICLE XIV. BOOKS AND ACCOUNTS, REPORTS, TAX RETURNS, FISCAL YEAR AND BANKING..............................................................57

Appears in 1 contract

Sources: Limited Partnership Agreement (WNC Housing Tax Credit Fund VI, L.P., Series 13)

Invalid Assignment. 51 52 Section 12.4 Assignee's Rights to Allocations and Distributions......................................51 Distributions.52 Section 12.5 Substitution of Assignee as Limited Partner or Special Limited Partner............................51 52 Section 12.6 Death, Bankruptcy, Incompetency, etc., of a Limited Partner............................................52 ARTICLE Article XIII. WITHDRAWAL, REMOVAL AND REPLACEMENT OF GENERAL PARTNER..........52 53 Section 13.1 Withdrawal of General Partner......................52 53 Section 13.2 Removal of General Partner.........................52 53 Section 13.3 Effects of a Withdrawal............................54 55 Section 13.4 Successor General Partner..........................56 57 Section 13.5 Admission of Additional or Successor General Partner............................................56 57 Section 13.6 Transfer of Interest...............................57 58 Section 13.7 No Goodwill Value..................................57 ARTICLE XIV. BOOKS AND ACCOUNTS, REPORTS, TAX RETURNS, FISCAL YEAR AND BANKING..............................................................5758

Appears in 1 contract

Sources: Limited Partnership Agreement (WNC Housing Tax Credit Fund Vi Lp Series 12)

Invalid Assignment. 51 48 Section 12.4 Assignee's Rights to Allocations and Distributions......................................51 Distributions.48 Section 12.5 Substitution of Assignee as Limited Partner or Special Limited Partner............................51 48 Section 12.6 Death, Bankruptcy, Incompetency, etc., of a Limited Partner............................................52 ARTICLE ....................................48 Article XIII. WITHDRAWAL, REMOVAL AND REPLACEMENT OF GENERAL PARTNER..........52 49 Section 13.1 Withdrawal of General Partner......................52 49 Section 13.2 Removal of General Partner.........................52 49 Section 13.3 Effects of a Withdrawal............................54 51 Section 13.4 Successor General Partner..........................56 53 Section 13.5 Admission of Additional or Successor General Partner............................................56 53 Section 13.6 Transfer of Interest...............................57 53 Section 13.7 No Goodwill Value..................................57 ARTICLE XIV. BOOKS AND ACCOUNTS, REPORTS, TAX RETURNS, FISCAL YEAR AND BANKING..............................................................5754

Appears in 1 contract

Sources: Limited Partnership Agreement (WNC Housing Tax Credit Fund Vi Lp Series 10)

Invalid Assignment. 51 Section 12.4 Assignee's Rights to Allocations and Distributions......................................51 Distributions.51 Section 12.5 Substitution of Assignee as Limited Partner or Special Limited Partner............................51 Section 12.6 Death, Bankruptcy, Incompetency, etc., of a Limited Partner............................................52 ARTICLE Article XIII. WITHDRAWAL, REMOVAL AND REPLACEMENT OF GENERAL PARTNER..........52 Section 13.1 Withdrawal of General Partner......................52 Section 13.2 Removal of General Partner.........................52 Section 13.3 Effects of a Withdrawal............................54 55 Section 13.4 Successor General Partner..........................56 Section 13.5 Admission of Additional or Successor General Partner............................................56 57 Section 13.6 Transfer of Interest...............................57 Section 13.7 No Goodwill Value..................................57 ARTICLE XIV. BOOKS AND ACCOUNTS, REPORTS, TAX RETURNS, FISCAL YEAR AND BANKING..............................................................57

Appears in 1 contract

Sources: Limited Partnership Agreement (WNC Housing Tax Credit Fund Vi Lp Series 11)

Invalid Assignment. 51 50 Section 12.4 Assignee's Rights to Allocations and Distributions......................................51 Distributions.50 Section 12.5 Substitution of Assignee as Limited Partner or Special Limited Partner............................51 50 Section 12.6 Death, Bankruptcy, Incompetency, etc., of a Limited Partner............................................52 ....................................50 ARTICLE XIII. WITHDRAWAL, REMOVAL AND REPLACEMENT OF GENERAL PARTNER..........52 51 Section 13.1 Withdrawal of General Partner......................52 51 Section 13.2 Removal of General Partner.........................52 51 Section 13.3 Effects of a Withdrawal............................54 53 Section 13.4 Successor General Partner..........................56 55 Section 13.5 Admission of Additional or Successor General Partner............................................56 55 Section 13.6 Transfer of Interest...............................57 55 Section 13.7 No Goodwill Value..................................57 ARTICLE XIV. BOOKS AND ACCOUNTS, REPORTS, TAX RETURNS, FISCAL YEAR AND BANKING..............................................................5756

Appears in 1 contract

Sources: Limited Partnership Agreement (WNC Housing Tax Credit Fund VI, L.P., Series 13)