Common use of LIMITED PARTNERSHIP INTEREST TRANSFERRED TO THE GENERAL PARTNER Clause in Contracts

LIMITED PARTNERSHIP INTEREST TRANSFERRED TO THE GENERAL PARTNER. If a General Partner should acquire an Interest as a Limited Partner, such General Partner shall with respect to such Interest, enjoy all of the rights and be subject to all of the obligations and duties of a Limited Partner to the extent of such Interest.

Appears in 2 contracts

Samples: Limited Partnership Agreement (Whitehall LTD Inc), Partnership Agreement (Whitehall LTD Inc)

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LIMITED PARTNERSHIP INTEREST TRANSFERRED TO THE GENERAL PARTNER. If a General Partner should acquire an Interest as a Limited Partner, such General Partner shall shall, with respect to such Interest, enjoy all of the rights and be subject to all of the obligations and duties of a Limited Partner to the extent of such Interest.

Appears in 1 contract

Samples: Limited Partnership Agreement (Whitehall LTD Inc)

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LIMITED PARTNERSHIP INTEREST TRANSFERRED TO THE GENERAL PARTNER. If a IF A General Partner should acquire an Interest as a Limited Partner, such General Partner shall with respect to such Interest, enjoy all of the rights and be subject to all of the obligations and duties of a Limited Partner to the extent of such Interest.

Appears in 1 contract

Samples: Partnership Agreement (Whitehall LTD Inc)

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