Common use of Limit on Number of Partners Clause in Contracts

Limit on Number of Partners. No Person shall be admitted to the Partnership as an Additional Partner if the effect of such admission would be to cause the Partnership to have more than 100 Partners, including as Partners for this purpose those Persons indirectly owning an interest in the Partnership through a Flow-Through Entity if substantially all of the value of such Person’s interest in the Flow-Through Entity is attributable to the Flow-Through Entity’s interest (direct or indirect) in the Partnership.

Limit on Number of Partners. No Person shall be admitted to the Partnership as an Additional Partner if the effect of such admission would be to cause the Partnership to have more than 100 500 Partners, including as Partners for this purpose those Persons indirectly owning an interest Interest in the Partnership through another partnership, subchapter S corporation or a Flow-Through Entity if substantially all of the value of such Person’s interest in the Flow-Through Entity is attributable to the Flow-Through Entity’s interest (direct or indirect) in the Partnershipgrantor trust.

Limit on Number of Partners. No Person shall be admitted to the Partnership as an Additional additional Partner if the effect of such admission would be to cause the Partnership to have more than 100 500 Partners, including as Partners for this purpose those Persons indirectly owning an interest in the Partnership through another partnership, subchapter S corporation or a Flow-Through Entity if substantially all grantor trust, or otherwise cause the Partnership to become a reporting company under the Securities Exchange Act of the value of such Person’s interest in the Flow-Through Entity is attributable to the Flow-Through Entity’s interest (direct or indirect) in the Partnership.1934, as amended. 80 86 ARTICLE 13

Limit on Number of Partners. No Person shall be admitted to the Partnership as an Additional additional Partner if the effect of such admission would be to cause the Partnership to have more than 100 500 Partners, including as Partners for this purpose those Persons indirectly owning an interest in the Partnership through another partnership, subchapter S corporation or a Flow-Through Entity if substantially all grantor trust, or otherwise cause the Partnership to become a reporting company under the Securities Exchange Act of the value of such Person’s interest in the Flow-Through Entity is attributable to the Flow-Through Entity’s interest (direct or indirect) in the Partnership1934, as amended.

Limit on Number of Partners. No Person shall be admitted to the Partnership as a Substituted Limited Partner or an Additional Limited Partner if the effect of such admission would be to cause the Partnership to have more than 100 five hundred (500) Partners, including as Partners for this purpose those Persons indirectly owning an interest in the Partnership through a Flow-Through Entity if substantially all of partnership, a limited liability company, a subchapter S corporation or a grantor trust, or otherwise cause the value of such Person’s interest in Partnership to become a reporting company under the Flow-Through Entity is attributable to the Flow-Through Entity’s interest (direct or indirect) in the PartnershipExchange Act.

Limit on Number of Partners. No Person shall be admitted to the Partnership as a Substituted Limited Partner or an Additional Limited Partner if the effect of such admission would be to cause the Partnership to have more than 100 one hundred (100) Partners, including as Partners for this purpose those Persons indirectly owning an interest in the Partnership through another partnership, a Flow-Through Entity if substantially all of limited liability company, a subchapter S corporation or a grantor trust, or otherwise cause the value of such Person’s interest in Partnership to become a reporting company under the Flow-Through Entity is attributable to the Flow-Through Entity’s interest (direct or indirect) in the PartnershipExchange Act.

Limit on Number of Partners. No Person shall be admitted to the Partnership as an Additional Partner if the effect of such admission would be to cause the Partnership to have more than 100 500 Partners, including as Partners for this purpose those Persons indirectly owning an interest in the Partnership through another partnership, subchapter S corporation or a Flow-Through Entity if substantially all of grantor trust, or otherwise cause the value of such Person’s interest in Partnership to become a reporting company under the Flow-Through Entity is attributable to the Flow-Through Entity’s interest (direct or indirect) in the PartnershipExchange Act.