Common use of Substitute Limited Partners Clause in Contracts

Substitute Limited Partners. Any Unitholder may elect to become a Substitute Limited Partner upon (i) signing a counterpart of this Agreement and any other instrument or instruments deemed necessary by General Partners, including a Power of Attorney in favor of the General Partners as described in Section 12.

Appears in 6 contracts

Sources: Limited Partnership Agreement (Brown Benchmark Properties Limited Partnership), Limited Partnership Agreement (Brown Benchmark Properties Limited Partnership), Limited Partnership Agreement (Brown Benchmark Properties Limited Partnership)