Sale of Partnership Interest. An S corpora- tion’s RBIG or RBIL limitation is the total of the following—
Sale of Partnership Interest. If (i) one Partner ("Selling Partner") receives a written offer from a third party ("Proposed Purchaser") to purchase all or substantially all of the Partnership's interest in the Amphitheater which the Selling Partner desires to accept on behalf of the Partnership and (ii) the other Partner ("Non-Selling Partner") is unwilling to consent to the sale of the Amphitheater to the Proposed Purchaser upon the terms and conditions contained in such offer, then the Selling Partner shall have the right, subject to the provisions of Section 18.06 hereof, to sell all, but not less than all, of its Partnership Interest if, but only if, the Selling Partner complies with all of the following provisions:
Sale of Partnership Interest. If a Partner desires to offer for sale his Interest in the Partnership, such Partner, herein refered to as “Selling Partner” shall give written notice to the other Partners, herein referred to as the “Buying Partners.” Within 30 days after receipt of the notice, the Buying Partners shall notify the Selling Partner of their intent to purchase the Interest of the Selling Partner. The purchase price of an Interest sold pursuant to this Section shall be the Contract Price, and payment for the Interest shall be made in the manner set forth in Section 5.5. If the Buying Partners fail to notify the Selling Partner that they intend to purchase his or her interest within the 30-day period, the Selling Partner shall have the right to withdraw from the Partnership. If a Partner withdraws, the Partner shall be entitled to a payment from the Partnership equal to the Contract Price and payable at the time and in the manner set forth in this agreement.
Sale of Partnership Interest. A partner may sell some or all of its interest in the partnership to an unaffiliated party only with the unanimous consent of the remaining partners and subject to the following provisions.
Sale of Partnership Interest. Seller hereby sells, transfers and assigns the Partnership Interest to Buyer free and clear of all liens, claims, pledges, options, rights of first refusal and other encumbrances or restrictions of any nature whatsoever, other than any restrictions on transfer under the Joint Operating Agreement or the Partnership Agreement (“Liens”), and Buyer hereby purchases from Seller all of Seller’s right, title and interest in the Partnership Interest for the Purchase Price, as defined below.
Sale of Partnership Interest. A copy of the fully executed HealthMatics Purchase Agreement, certified by an officer of the Borrower to be true, complete and correct and confirmation that the sale of the Partnership Interest has closed and that the Borrower has given irrevocable directions to have the HealthMatics Proceeds distributed in accordance with this Agreement.
Sale of Partnership Interest. Valley will use commercially reasonable efforts to sell its 50% interest in the Partnership for a cash purchase price and other terms and conditions approved in writing by Heritage with the closing of such sale to occur on or prior to the Closing Date.
Sale of Partnership Interest. Admission of Limited Partners -----------------------------
Sale of Partnership Interest. A. For the purchase price and on the terms and conditions hereinafter set forth, Seller shall sell to Buyer, and Buyer shall purchase from Seller, the interest of Seller in the Partnership, as such interest is described in the Partnership Agreement, and any and all interests of Seller in and to the "Business Property" (as defined in the Partnership Agreement), the interests to be conveyed hereunder including, but not being limited to, Seller's interest in the following:
Sale of Partnership Interest. 2.2.1 ZAI*NET. Subject to the terms and conditions set forth herein and in the Related Agreements, at the Closing ZAI*NET shall sell, assign, transfer and deliver to GFI Caminus, and GFI Caminus shall purchase and accept from ZAI*NET, seventy percent (70%) of the aggregate Partnership Interests of the Partnership. At the Closing, GFI Caminus and ZAI*NET shall execute and deliver the Partnership Agreement.
