Rights of Limited Partner. On the occurrence of a GP Event of Default or at any time thereafter while it is subsisting, the Limited Partner may serve Notice of default on the General Partner requiring the General Partner, at the General Partner’s option:
Rights of Limited Partner. Each of the Limited Partners shall have the right to:
Rights of Limited Partner. In addition to the other rights specifically set forth herein or by non-waivable provisions of applicable law, each Limited Partner shall have the right to: (a) have the Partnership books and records (including without limitation those required in Section 1.07 of the Act) kept at the principal United States office of the Partnership and at all reasonable times to inspect and copy any of them, (b) have on demand true and full information of all things affecting the Partnership and a formal account of Partnership affairs whenever circumstances render it just and reasonable, (c) have dissolution and winding up by decree of court as provided for in the Act and (d) exercise all rights of a limited partner under the Act (except to the extent otherwise specifically provided for herein).
Rights of Limited Partner. Except as otherwise provided in this Agreement, the Limited Partner shall look solely to the assets of the Partnership for the return of its Capital Contribution and shall have no right or power to demand or receive property other than cash from the Partnership.
Rights of Limited Partner. Each of the Limited Partners shall have the right to: (a) have the Partnership books and records (including, without limitation, those required under the Act) kept at the principal United States office of the Partnership and at all reasonable times to inspect and copy any of them at the sole expense of such Partner; (b) have on demand true and full information of all things affecting the Partnership and a formal account of Partnership affairs whenever circumstances render it just and reasonable; (c) have dissolution and winding up by decree of court as provided for in the Partnership; and (d) exercise all rights of a limited partner under the Partnership (except to the extent otherwise specifically provided herein).
Rights of Limited Partner. Except as provided by law, the Limited Partner will not be personally liable for any obligations of the Partnership nor will it have any obligation to make contributions to the Partnership or have any liability for the repayment or discharge of the debts and obligations of the Partnership except to the extent provided herein or as required by law. The Limited Partner shall take no part in the management, control or operation of the Partnership’s business and shall have no power to bind the Partnership and no right or authority to act for the Partnership or to vote on matters other than the matters set forth in this Agreement or as required by applicable law.
Rights of Limited Partner. It has lesser rights than a general partner. It may exercise rights similar to a general partner. ART. 1852. Without prejudice to the provisions of Article 1848, a person who has contributed to the capital of a business conducted by a person or partnership erroneously believing that he has become a limited partner in a limited partnership, is not, by reason of his exercise of the rights of a limited partner, a general partner with the person or in the partnership carrying on the business, or bound by the obligations of such person or partnership; provided that on ascertaining the mistake he promptly renounces his interest in the profits of the business, or other compensation by way of income. Conditions for exemption from liability
Rights of Limited Partner. In addition to the other rights specifically set forth herein, the Limited Partner shall have the right to: (a) have the Partnership books and records (including those required in Section 3.151 and Section 153.551 of the TLPL) kept at the principal United States office of the Partnership and at all reasonable times to inspect and copy any of them, (b) have on demand true and full information of all things affecting the Partnership and a formal account of Partnership affairs whenever circumstances render it just and reasonable, (c) have winding up by decree of court as provided for in the TLPL, (d) consult with or advise the General Partner, and (e) exercise all rights of a limited partner under the TLPL (except to the extent otherwise specifically provided for herein).
Rights of Limited Partner. In addition to the other rights specifically set forth herein, the Limited Partner shall have the right to: (a) have the Partnership books and records (including those required in Section 1.07 of the Act) kept at the principal United States office of the Partnership and at all reasonable times to inspect and copy any of them, (b) have dissolution and winding up by decree of court as provided for in the Act, (c) consult with or advise the General Partner and (d) exercise all rights of a limited partner under the Act (except to the extent otherwise specifically provided for herein).
Rights of Limited Partner. Any references in Article 8 to foreclosure or other proceedings by any Lender to acquire Tenant’s leasehold estate hereunder, shall also be deemed to refer to the removal and replacement of Tenant’s general partner by the Limited Partner pursuant to the terms of the Limited Partnership Agreement. Notwithstanding anything to the contrary contained elsewhere herein (a) all rights and remedies granted to any Limited Partner hereunder shall be subject and subordinate to the rights and remedies granted to each Lender hereunder, and (b) all consent and approval rights granted to the Limited Partner of Tenant hereunder shall terminate upon a foreclosure by any Lender under its Leasehold Mortgage encumbering Tenant’s leasehold estate hereunder.
