Registered Partners. The Partnership shall be entitled to recognize the exclusive right of a Person registered on its records as the owner of Units for all purposes and shall not be bound to recognize any equitable or other claim to or interest in Units on the part of any other Person, whether or not it shall have express or other notice thereof, except as otherwise provided by the Act or other applicable Law.
Registered Partners. 31 SECTION 7.04 Ownership of Units ................................................................................31 ARTICLE VIII
Registered Partners. The Partnership shall be entitled to treat the owner of record of any Unit as the owner in fact of such Unit for all purposes, and accordingly shall not be bound to recognize any equitable or other claim to or interest in such Unit on the part of any other Person, whether or not it shall have express or other notice of such claim or interest, except as expressly provided by this Agreement or RULPA. Notwithstanding the foregoing, the Secretary of the Partnership shall amend the Partners Schedule to reflect a transferee of any Unit as the new owner of record of such Unit as promptly as practicable following the Partnership’s receipt from such transferee of a written undertaking to be bound by the terms and conditions of this Agreement substantially in the form of Exhibit A hereto, as contemplated by Section 11.3(a) hereof.
Registered Partners. The Partnership will be entitled to treat the owner of record of any Units as the owner in fact of such Partner Interest for all purposes, and accordingly will not be bound to recognize any equitable or other claim to or interest in such Partner Interest on the part of any other person, whether or not it will have express or other notice of such claim or interest, except as expressly provided by this Agreement or the laws of the State of Delaware.
Registered Partners. 44 Section 7.04. Issuance of Additional Class S Units ................................................................44 Section 7.05. Conversion of Class S Preferred Units .............................................................45 Section 7.06. Conversion of Class S Ordinary Units ..............................................................46 Section 7.07. Combinations of Fractional Class S Units ........................................................46 Section 7.08. Conversion of Preferred Series Unit Accounts .................................................46
