Common use of Right of First Refusal for Sale of Partnership Interests Clause in Contracts

Right of First Refusal for Sale of Partnership Interests. (a) Except as otherwise herein provided, no Partner may voluntarily transfer all or any part of its Interest in the Partnership to any party (i) in any case prior to January 1, 2004 or (ii) after that date unless it has complied with the procedures of Section 9.2 and first offers to sell such Interest to the other Partner(s) pursuant to the terms of this Section 9.5; PROVIDED that this Section 9.5 shall not be applicable with respect to a Transfer to an Affiliate of the Transferring Partner.

Right of First Refusal for Sale of Partnership Interests. (a) Except as otherwise herein provided, no No Partner may voluntarily transfer Transfer all or any part of its Interest in the Partnership to any party (i) in any case prior to January 1December 31, 2004 2008 or (ii) after that date unless it has complied with the procedures of Section 9.2 and first offers to sell such Interest to the other Partner(s) pursuant to the terms of this Section 9.5; PROVIDED provided that this Section 9.5 shall not be applicable with respect to a Transfer to an Affiliate of the Transferring transferring Partner.

Right of First Refusal for Sale of Partnership Interests. (a) Except as otherwise herein provided, no Partner may voluntarily transfer all or any part of its Interest in the Partnership to any party (i) in any case prior to January 1December 31, 2004 2006 or (ii) after that date unless it has complied with the procedures of Section 9.2 and first offers to sell such Interest to the other Partner(s) pursuant to the terms of this Section 9.5; PROVIDED that this Section 9.5 shall not be applicable with respect to a Transfer to an Affiliate of the Transferring Partner.

Right of First Refusal for Sale of Partnership Interests. (a) Except as otherwise herein provided, no Partner may voluntarily transfer all or any part of its Interest in the Partnership to any party (i) in any case prior to January 1, 2004 or (ii) after that date unless it has complied with the procedures of Section 9.2 and first offers to sell such Interest to the other Partner(s) pursuant to the terms of this Section 9.5; PROVIDED provided that this Section 9.5 shall not be applicable with respect to a Transfer to an Affiliate of the Transferring Partner.