Common use of Substituted Limited Partners Clause in Contracts

Substituted Limited Partners. A. No Limited Partner shall have the right to substitute a transferee as a Limited Partner in his or her place (including any transferee permitted by Section 11.3). The General Partner shall, however, have the right to consent to the admission of a transferee of the interest of a Limited Partner pursuant to this Section 11.4 as a Substituted Limited Partner, which consent may be given or withheld by the General Partner in its sole and absolute discretion. The General Partner’s failure or refusal to permit a transferee of any such interests to become a Substituted Limited Partner shall not give rise to any cause of action, whether at law or in equity, against the Partnership or any Partner.

Substituted Limited Partners. A. No Limited Partner shall have the right to substitute a transferee as a Limited Partner in his or her place (including any transferee permitted by Section 11.3). The General Partner shall, however, have the right to consent to the admission of a transferee of the interest of a Limited Partner pursuant to this Section 11.4 as a Substituted Limited Partner, which consent may be given or withheld by the General Partner in its sole and absolute discretion. The General Partner’s failure or refusal to permit a transferee of any such interests to become a Substituted Limited Partner shall not give rise to any cause of action, whether at law or in equity, action against the Partnership or any Partner.

Substituted Limited Partners. A. No Limited Partner shall have the right to substitute a transferee as a Limited Partner in his or her place (including any transferee permitted by Section 11.3)place. The General Partner shall, however, have the right to consent to the admission of a transferee of the interest of a Limited Partner pursuant to this Section 11.4 as a Substituted Limited Partner, which consent may be given or withheld by the General Partner in its sole and absolute discretion. The General Partner’s 's failure or refusal to permit a transferee of any such interests to become a Substituted Limited Partner shall not give rise to any cause of action, whether at law or in equity, action against the Partnership or any Partner.

Substituted Limited Partners. A. No Limited Partner shall have the right to substitute a transferee as a Limited Partner in his or her place (including any transferee permitted by Section 11.311.3 above). The General Partner shall, however, have the right to consent to the admission of a permitted transferee of the interest of a Limited Partner pursuant to this Section 11.4 Partner, as a Substituted Limited Partner, pursuant to this Section 11.4, which consent may be given or withheld by the General Partner in its sole and absolute discretion. The General Partner’s 's failure or refusal to permit a transferee of any such interests to become a Substituted Limited Partner shall not give rise to any cause of action, whether at law or in equity, action against the Partnership or any Partner.

Substituted Limited Partners. A. (a) Consent of the General Partner. No Limited Partner shall have the right to substitute a transferee as a Permitted Transferee in such Limited Partner in his or her place (including any transferee permitted by Section 11.3)Partner’s place. The General Partner shall, however, have the right to consent to the admission of a transferee Permitted Transferee of the interest Partnership Interest of a Limited Partner pursuant to this Section 11.4 as a Substituted Substitute Limited Partner, which consent may be given or withheld by the General Partner in its sole and absolute discretion. The General Partner’s failure or refusal to permit a such transferee of any such interests to become a Substituted Limited Partner shall not give rise to any cause of action, whether at law or in equity, action against the Partnership or any Partner.

Substituted Limited Partners. A. No Limited Partner shall have the right to substitute a transferee as a Limited Partner in his his, her or her its place (including any transferee transferees permitted by Section 11.3). The General Partner shall, however, have the right to consent to the admission of a transferee of the interest of a Limited Partner pursuant to this Section 11.4 as a Substituted Limited Partner, which consent may be given or withheld by the General Partner in its sole and absolute discretion. The General Partner’s failure or refusal to permit a transferee of any such interests to become a Substituted Limited Partner shall not give rise to any cause of action, whether at law or in equity, action against the Partnership or any Partner.

Substituted Limited Partners. A. Consent of General Partner. No Limited Partner shall have the right to substitute a transferee as a Limited Partner in his or her its place (including any transferee permitted by Section 11.3). The without the consent of the General Partner shall, however, have the right to consent to the admission of a transferee of the interest of a Limited Partner pursuant to this Section 11.4 as a Substituted Limited Partner, which consent may be given or withheld by the General Partner in its sole and absolute discretion. The General Partner’s 's failure or refusal to permit a transferee of any such interests to become a Substituted Limited Partner shall not give rise to any cause of action, whether at law or in equity, action against the Partnership or any Partner.

Substituted Limited Partners. A. No Limited Partner shall have the right to substitute a transferee as a Limited Partner in his or her place (including any transferee permitted by Section 11.3)place. The General Partner shall, however, have the right to consent to the admission of a transferee of the interest of a Limited Partner pursuant to this Section 11.4 as a Substituted Limited Partner, which consent may be given or withheld by the General Partner in its sole and absolute discretion. The General Partner’s failure or refusal to permit a transferee of any such interests to become a Substituted Limited Partner shall not give rise to any cause of action, whether at law or in equity, action against the Partnership or any Partner.

Substituted Limited Partners. A. No Any Preferred Limited Partner shall have the right to substitute a transferee permitted by this Agreement as a Limited Partner in his or her place (including any transferee permitted by Section 11.3)place. The General Partner shall, however, shall have the right to consent to the admission of a permitted transferee of the interest of a any other Limited Partner pursuant to this Section 11.4 Partner, as a Substituted Limited Partner, pursuant to this Section 11.4, which consent may be given or withheld by the General Partner in its sole and absolute discretion. The General Partner’s 's failure or refusal to permit a transferee of any such interests to become a Substituted Limited Partner shall not give rise to any cause of action, whether at law or in equity, action against the Partnership or any Partner.

Substituted Limited Partners. A. (a) Consent of the General Partner. No Limited Partner shall have the right to substitute a transferee as a Permitted Transferee in such Limited Partner in his or her place (including any transferee permitted by Section 11.3)Partner's place. The General Partner shall, however, have the right to consent to the admission of a transferee Permitted Transferee of the interest Partnership Interest of a Limited Partner pursuant to this Section 11.4 as a Substituted Substitute Limited Partner, which consent may be given or withheld by the General Partner in its sole and absolute discretion. The General Partner’s 's failure or refusal to permit a such transferee of any such interests to become a Substituted Limited Partner shall not give rise to any cause of action, whether at law or in equity, action against the Partnership or any Partner.

Substituted Limited Partners. A. No Limited Partner shall have the right to substitute a transferee as a Limited Partner in his or her place (including any transferee permitted by Section 11.311.3 above). The General Partner shall, however, have the right to consent to the admission of a permitted transferee of the interest of a Limited Partner pursuant to this Section 11.4 Partner, as a Substituted Limited Partner, pursuant to this Section 11.4, which consent may be given or withheld by the General Partner in its sole and absolute discretion. The General Partner’s failure or refusal to permit a transferee of any such interests to become a Substituted Limited Partner shall not give rise to any cause of action, whether at law or in equity, action against the Partnership or any Partner.

Substituted Limited Partners. A. No Limited Partner shall have the right to substitute a transferee as a Limited Partner in his or her place (including any transferee permitted by Section 11.3). The General Partner shall, however, have the right to consent to the admission of a permitted transferee of the interest of a Limited Partner pursuant to this Partner, other than a transferee in a transfer permitted by Section 11.4 11.3 hereof, as a Substituted Limited Partner, pursuant to this Section 11.4, which consent may be given or withheld by the General Partner in its sole and absolute discretion. The General Partner’s failure or refusal to permit a transferee of any such interests to become a Substituted Limited Partner shall not give rise to any cause of action, whether at law or in equity, against the Partnership or any Partner.

Substituted Limited Partners. A. No Limited Partner shall have the right to substitute a transferee as a Limited Partner in his or her place (including any transferee permitted by Section 11.3). The General Partner shall, however, have the right to consent to the admission of a transferee of the interest of a Limited Partner pursuant to this Section 11.4 as a Substituted Limited Partner, which consent may be given or withheld by the General Partner in its sole and absolute discretion. The General Partner’s 's failure or refusal to permit a transferee of any such interests to become a Substituted Limited Partner shall not give rise to any cause of action, whether at law or in equity, against the Partnership or any Partner.

Substituted Limited Partners. A. No Limited Partner shall have the right to substitute a transferee as a Limited Partner in his or her place (including any transferee permitted by Section 11.3). The General Partner shall, however, have the right to consent to the admission of a transferee of the interest of a Limited Partner pursuant to this Section 11.4 as a Substituted Limited Partner, which consent may be given or withheld by the General Partner in its sole and absolute discretion. The General Partner’s failure or refusal to permit a transferee of any such interests to become a Substituted Limited Partner shall not give rise to any cause of action, whether at law or in equity, action against the Partnership or any Partner.

Substituted Limited Partners. A. No Limited Partner shall have the right to substitute a transferee as a Limited Partner in his or her place (including any transferee permitted by Section 11.3). The General Partner shall, however, have the right to consent to the admission of a permitted transferee of the interest of a Limited Partner pursuant to this Partner, other than a transferee in a transfer permitted by Section 11.4 11.3 hereof, as a Substituted Limited Partner, pursuant to this Section 11.4, which consent may be given or withheld by the General Partner in its sole and absolute discretion. The General Partner’s failure or refusal to permit a transferee of any such interests to become a Substituted Limited Partner shall not give rise to any cause of action, whether at law or in equity, action against the Partnership or any Partner.

Substituted Limited Partners. A. No Limited Partner shall have the right to substitute a transferee as a Limited Partner in his or her place (including any transferee permitted by Section 11.3). The General Partner shall, however, have the right to consent to the admission of a permitted transferee of the interest of a Limited Partner pursuant to this Partner, other than a transferee in a transfer permitted by Section 11.4 11.3 hereof, as a Substituted Limited Partner, pursuant to this Section 11.4, which consent may be given or withheld by the General Partner in its sole and absolute discretion. The General Partner’s 's failure or refusal to permit a transferee of any such interests to become a Substituted Limited Partner shall not give rise to any cause of action, whether at law or in equity, action against the Partnership or any Partner.

Substituted Limited Partners. A. No Limited Partner shall have the right to substitute a transferee as a Limited Partner in his or her place (including any transferee permitted by Section 11.3). The General Partner shall, however, have the right to consent to the admission of a transferee of the interest of a Limited Partner pursuant to this Section 11.4 as a Substituted Limited Partner, which consent may be given or withheld by the General Partner in its sole and absolute discretion. The General Partner’s 's failure or refusal to permit a transferee of any such interests to become a Substituted Limited Partner shall not give rise to any cause of action, whether at law or in equity, action against the Partnership or any Partner.

Substituted Limited Partners. A. No Limited Partner shall have the right to substitute a transferee as a Limited Partner in his his, her or her its place (including any transferee permitted by Section 11.3). The General Partner shall, however, have the right to consent to the admission of a transferee of the interest of a Limited Partner pursuant to this Section 11.4 as a Substituted Limited Partner, which consent may be given or withheld by the General Partner in its sole and absolute discretion. The General Partner’s failure or refusal to permit a transferee of any such interests to become a Substituted Limited Partner shall not give rise to any cause of action, whether at law or in equity, action against the Partnership or any Partner.

Substituted Limited Partners. A. No Limited Partner shall have the right to substitute a transferee (including transferees pursuant to transfers permitted by Section 11.3) as a Limited Partner in his or her place (including any transferee permitted by Section 11.3)place. The General Partner shall, however, have the right to consent to the admission of a transferee of the interest of a Limited Partner pursuant to this Section 11.4 as a Substituted Limited Partner, which consent may be given or withheld by the General Partner in its sole and absolute discretion. The General Partner’s 's failure or refusal to permit a transferee of any such interests to become a Substituted Limited Partner shall not give rise to any cause of action, whether at law or in equity, action against the Partnership or any Partner.

Substituted Limited Partners. A. No Limited Partner shall have the right to substitute a transferee as a Limited Partner in his or her place (including any transferee permitted by Section 11.3). The General Partner shall, however, have the right to consent to the admission of a transferee of the interest of a Limited Partner pursuant to this Section 11.4 as a Substituted Limited Partner, which consent may be given or withheld by the General Partner in its sole and absolute discretion. The General Partner’s 's failure or refusal to permit a transferee of any such interests to become a Substituted Limited Partner shall not give rise to any cause of action, whether at law or in equity, action against the Partnership or any Partner.

Substituted Limited Partners. A. No Limited Partner shall have the right to substitute a transferee as a Limited Partner in his or her place (including any transferee permitted by Section 11.3)place. The General Partner shall, however, have the right to consent to the admission of a transferee of the interest of a Limited Partner pursuant to this Section 11.4 11.3 as a Substituted Limited Partner, which consent may be given or withheld by the General Partner in its sole and absolute discretion. The General Partner’s 's failure or refusal to permit a transferee of any such interests to become a Substituted Limited Partner shall not give rise to any cause of action, whether at law or in equity, action against the Partnership or any Partner.

Substituted Limited Partners. A. E. No Limited Partner shall have the right to substitute a transferee as a Limited Partner in his or her place (including any transferee permitted by Section 11.3). The General Partner shall, however, have the right to consent to the admission of a transferee of the interest of a Limited Partner pursuant to this Section 11.4 as a Substituted Limited Partner, which consent may be given or withheld by the General Partner in its sole and absolute discretion. The General Partner’s failure or refusal to permit a transferee of any such interests to become a Substituted Limited Partner shall not give rise to any cause of action, whether at law or in equity, against the Partnership or any Partner.

Substituted Limited Partners. A. No Except as otherwise provided below, no Limited Partner shall have the right to substitute a transferee as a Limited Partner in his or her place (including any transferee permitted by Section 11.311.4). The General Partner shall, however, have the right to consent to the admission of a transferee of the interest of a Limited Partner pursuant to this Section 11.4 11.5 as a Substituted Limited Partner, which consent may be given or withheld by the General Partner in its sole and absolute discretion. The General Partner’s failure or refusal to permit a transferee of any such interests to become a Substituted Limited Partner shall not give rise to any cause of action, whether at law or in equity, action against the Partnership or any Partner.

Substituted Limited Partners. A. No Except for a transferee permitted pursuant to Section 11.3.A, no Limited Partner shall have the right to substitute a transferee as a Limited Partner in his or her place (including any place. Any transferee permitted by pursuant to Section 11.3)11.3.A shall be admitted to the Partnership as a Substituted Limited Partner. The In addition, the General Partner shall, however, shall have the right to consent to the admission of a any other transferee of the interest of a Limited Partner pursuant to this Section 11.4 as a Substituted Limited Partner, which consent may be given or withheld by the General Partner in its sole and absolute discretion. The General Partner’s 's failure or refusal to permit a transferee of any such interests to become a Substituted Limited Partner shall not give rise to any cause of action, whether at law or in equity, action against the Partnership or any Partner.

Substituted Limited Partners. A. No Limited Partner shall have the right to substitute a transferee as a Limited Partner in his or her place (including any transferee permitted by Section 11.3)place. The General Partner shall, however, have the right to consent to the admission of a any transferee of the interest of a Limited Partner pursuant to this Section 11.4 as a Substituted Limited Partner shall only be made with the prior written consent of the General Partner, which consent may be given granted or withheld by the General Partner in its sole and absolute discretiondiscretion and, if given, may be on such terms and conditions as determined by the General Partner, which shall include requiring the transferee to agree to the terms and conditions of this Agreement in writing. The General Partner’s failure or refusal of the General Partner to permit a transferee of any such interests interest to become a Substituted Limited Partner shall not give rise to any cause of action, whether at law or in equity, action against the Partnership or any Partner.

Substituted Limited Partners. A. Consent of General Partner. No Limited Partner shall have the right to substitute a transferee as a Limited Partner in his or her place (including any transferee permitted by Section 11.3)place. The General Partner shall, however, have the right to consent to the admission of a transferee of the interest of a Limited Partner pursuant to this Section 11.4 as a Substituted Limited Partner, which consent may be given or withheld by the General Partner in its sole and absolute discretion. The General Partner’s 's failure or refusal to permit a transferee of any such interests to become a Substituted Limited Partner shall not give rise to any cause of action, whether at law or in equity, action against the Partnership or any Partner.

Substituted Limited Partners. A. No (a) Except for a transferee permitted pursuant to Section 11.3(a), no Limited Partner shall have the right to substitute a transferee as a Limited Partner in his or her place (including any place. Any transferee permitted by pursuant to Section 11.3)11.3(a) shall be admitted to the Partnership as a Substituted Limited Partner. The In addition, the General Partner shall, however, shall have the right to consent to the admission of a any other transferee of the interest of a Limited Partner pursuant to this Section 11.4 as a Substituted Limited Partner, which consent may be given or withheld by the General Partner in its sole and absolute discretion. The General Partner’s failure or refusal to permit a transferee of any such interests to become a Substituted Limited Partner shall not give rise to any cause of action, whether at law or in equity, action against the Partnership or any Partner.

Substituted Limited Partners. A. No Limited Partner shall have the right to substitute a transferee as a Limited Partner in his or her place (including any transferee permitted by Section 11.3)place. The General Partner shall, however, have the right to consent to the admission of a transferee of the interest of a Limited Partner pursuant to this Section 11.4 as a Substituted Limited Partner, which consent may be given or withheld by the General Partner in its sole and absolute discretion. The General Partner’s 's failure or refusal to permit a transferee of any such interests to become a Substituted Limited Partner shall not give rise to any cause of action, whether at law or in equity, action against the Partnership or any Partner. Notwithstanding the foregoing, in the event of transfers of Partnership Units by Original Limited Partners in accordance with the second sentence of Section 11.3A, the transferees shall be admitted as Substituted Limited Partners, and the General Partner hereby consents to such.

Substituted Limited Partners. A. Consent of General Partner. No Limited Partner shall have the right to substitute a transferee as a Limited Partner in his or her place (including any transferee permitted by Section 11.3)its place. The General Partner shall, however, have the right to consent to the admission of a transferee of the interest of a Limited Partner pursuant to this Section 11.4 as a Substituted Limited Partner, which consent may be be, given or withheld by the General Partner in its sole and absolute discretion. The General Partner’s 's failure or refusal to permit a transferee of any such interests to become a Substituted Limited Partner shall not give rise to any cause of action, whether at law or in equity, action against the Partnership or any Partner.

Substituted Limited Partners. A. No Any Preferred Limited Partner or Class B Common Limited Partner shall have the right to substitute a transferee permitted by this Agreement as a Limited Partner in his or her place (including any transferee permitted by Section 11.3)place. The General Partner shall, however, shall have the right to consent to the admission of a permitted transferee of the interest of a any other Limited Partner pursuant to this Section 11.4 Partner, as a Substituted Limited Partner, pursuant to this Section 11.4, which consent may be given or withheld by the General Partner in its sole and absolute discretion. The General Partner’s failure or refusal to permit a transferee of any such interests to become a Substituted Limited Partner shall not give rise to any cause of action, whether at law or in equity, action against the Partnership or any Partner.

Substituted Limited Partners. A. No Limited Partner shall have the right to substitute a transferee as a Limited Partner in his or her place (including any transferee permitted by Section 11.3)place. The General Partner shall, however, have the right to consent to the admission of a transferee of the interest of a Limited Partner pursuant to this Section 11.4 as a Substituted Limited Partnerpartner, which consent may be given or withheld by the General Partner in its sole and absolute discretion. The General Partner’s 's failure or refusal to permit a transferee of any such interests to become a Substituted Limited Partner shall not give rise to any cause of action, whether at law or in equity, action against the Partnership or any Partner.

Substituted Limited Partners. A. (a) No Limited Partner shall have the right to substitute a transferee as a Limited Partner in his or her place (including any transferee permitted by Section 11.3)place. The General Partner shall, however, have the right to consent to the admission of a transferee of the interest of a Limited Partner pursuant to this Section 11.4 as a Substituted Limited Partner, which consent may be given or withheld by the General Partner in its sole and absolute discretion. The General Partner’s 's failure or refusal to permit a transferee of any such interests to become a Substituted Limited Partner shall not give rise to any cause of action, whether at law or in equity, action against the Partnership or any Partner.

Substituted Limited Partners. A. No Any Preferred Limited Partner or Class B Common Limited Partner shall have the right to substitute a transferee permitted by this Agreement as a Limited Partner in his or her place (including any transferee permitted by Section 11.3)place. The General Partner shall, however, shall have the right to consent to the admission of a permitted transferee of the interest of a any other Limited Partner pursuant to this Section 11.4 Partner, as a Substituted Limited Partner, pursuant to this Section 11.4, which consent may be given or withheld by the General Partner in its sole and absolute discretion. The General Partner’s 's failure or refusal to permit a transferee of any such interests to become a Substituted Limited Partner shall not give rise to any cause of action, whether at law or in equity, action against the Partnership or any Partner.

Substituted Limited Partners. A. No Limited Partner shall have the right to substitute a transferee as a Limited Partner in his or her place of such Limited Partner (including any transferee permitted by Section 11.311.3 hereof). The Managing General Partner shall, however, have the right to consent to the admission of a permitted transferee of the interest of a Limited Partner as a Substituted Limited Partner, pursuant to this Section 11.4 as a Substituted Limited Partnerhereof, which consent may be given or withheld by the Managing General Partner in its sole and absolute discretion. The Managing General Partner’s 's failure or refusal to permit a transferee of any such interests to become a Substituted Limited Partner shall not give rise to any cause of action, whether at law or in equity, action against the Partnership or any Partner.

Substituted Limited Partners. A. No Limited Partner shall have the right to substitute a transferee as a Limited Partner in his or her place of such Limited Partner (including any transferee permitted by Section 11.311.3 hereof). The General Partner shall, however, have the right to consent to the admission of a permitted transferee of the interest of a Limited Partner as a Substituted Limited Partner, pursuant to this Section 11.4 as a Substituted Limited Partnerhereof, which consent may be given or withheld by the General Partner in its sole and absolute discretion. The General Partner’s failure or refusal to permit a transferee of any such interests to become a Substituted Limited Partner shall not give rise to any cause of action, whether at law or in equity, action against the Partnership or any Partner.

Substituted Limited Partners. A. No Limited Partner shall have the right to substitute a transferee as a Limited Partner in his or her place (including any transferee permitted by Section 11.3)such Limited Partner’s place. The General Partner shall, however, have the right to consent to the admission of a transferee of the interest of a Limited Partner pursuant to this Section 11.4 as a Substituted Limited Partner, which consent may be given or withheld by the General Partner in its sole and absolute discretion. The General Partner’s failure or refusal to permit a transferee of any such interests to become a Substituted Limited Partner shall not give rise to any cause of action, whether at law or in equity, action against the Partnership or any Partner.

Substituted Limited Partners. A. No Limited Partner shall have the right to substitute a transferee as a Limited Partner in his or her place (including any transferee permitted by Section 11.3)place. The General Partner shall, however, have the right to consent to the admission of a transferee of the interest of a Limited Partner pursuant to this Section 11.4 9.4 as a Substituted Limited Partner, which consent may be given or withheld by the General Partner in its sole and absolute discretiondiscretion unless otherwise provided with respect to any Limited Partner entitled to a Preferred Return. The General Partner’s 's failure or refusal to permit a transferee of any such interests to become a Substituted Limited Partner shall not give rise to any cause of action, whether at law or in equity, action against the Partnership or any Partner.

Substituted Limited Partners. A. (a) No Limited Partner shall have the right to substitute a transferee as a Limited Partner in his or her place (including any transferee permitted by Section 11.3)place. The General Partner shall, however, have the right to consent to the admission of a transferee of the interest of a Limited Partner pursuant to this Section 11.4 9.6 as a Substituted Limited Partner, which consent may be given or withheld by the General Partner in its sole and absolute discretion. The General Partner’s 's failure or refusal to permit a transferee of any such interests to become a Substituted Limited Partner shall not give rise to any cause of action, whether at law or in equity, action against the Partnership or any Partner.

Substituted Limited Partners. A. No Limited Partner shall have the right to substitute a transferee as a Limited Partner in his or her place (including any transferee permitted by Section 11.3)place. The General Partner shall, however, have the right to consent to the admission of a transferee of the interest of a Limited Partner pursuant to this Section 11.4 as a Substituted Limited Partner, which consent may be given or withheld by the General Partner in its sole and absolute discretion. The General Partner’s 's failure or refusal to permit a transferee of any such interests to become a Substituted Limited Partner shall not give rise to any cause of action, whether at law or in equity, action against the Partnership or any Partner. Notwithstanding the foregoing, in the event of transfers of Limited Partnership Units by Original Limited Partners in accordance with the second sentence of Section 11.3A, the transferees shall be admitted as Substituted Limited Partners, and the General Partner hereby consents to such.

Substituted Limited Partners. A. No Limited Partner shall have the right to substitute a transferee as a Limited Partner in his or her place (including any transferee permitted by Section 11.3)place. The General Partner shall, however, have the right to consent to the admission of a transferee of the interest of a Limited Partner pursuant to this Section 11.4 11.3 as a substituted limited partner (the "Substituted Limited Partner"), which consent may be given or withheld by the General Partner in its sole and absolute discretion. The General Partner’s 's failure or refusal to permit a transferee of any such interests to become a Substituted Limited Partner shall not give rise to any cause of action, whether at law or in equity, action against the Partnership or any Partner.

Substituted Limited Partners. A. No Limited Partner shall have the right to substitute a transferee as a Limited Partner in his or her place (including any transferee permitted by Section 11.3)place. The General Partner shall, however, have the right to consent to the admission of a transferee of the interest of a Limited Partner pursuant to this Section 11.4 as a Substituted Limited Partner, which consent may be given ,or withheld by the General Partner in its sole and absolute discretion. The General Partner’s failure or refusal to permit a transferee of any such interests to become a Substituted Limited Partner shall not give rise to any cause of action, whether at law or in equity, action against the Partnership or any Partner.

Substituted Limited Partners. A. No Limited Partner shall have the right to substitute a transferee as a Limited Partner in his or her place (including any transferee permitted by Section 11.3). The General Partner shall, however, have the right to consent to the admission of a transferee of the interest of a Limited Partner pursuant to this Section 11.4 as a Substituted Limited Partner, which consent 55 may be given or withheld by the General Partner in its sole and absolute discretion. The General Partner’s 's failure or refusal to permit a transferee of any such interests to become a Substituted Limited Partner shall not give rise to any cause of action, whether at law or in equity, action against the Partnership or any Partner.

Substituted Limited Partners. A. No Limited Partner shall have the right to substitute a transferee as a Limited Partner in his or her place (including any transferee permitted by place; provided, however, that a Person to whom an interest of a Limited Partner may be transferred without the consent of the General Partner pursuant to Section 11.3)11.3 shall be admitted to the Partnership as a Substituted Limited Partner upon his or her request therefor subject to Section 11.6. The General Partner shall, however, have the right to consent to the admission of a permitted transferee of the interest of a Limited Partner pursuant to this Partner, other than a transferee in a transfer permitted by Section 11.4 11.3 hereof without the consent of the General Partner, as a Substituted Limited Partner, pursuant to this Section 11.4, which consent may be given or withheld by the General Partner in its sole and absolute discretion. The General Partner’s failure or refusal to permit a transferee of any such interests to become a Substituted Limited Partner shall not give rise to any cause of action, whether at law or in equity, against the Partnership or any Partner.

Substituted Limited Partners. A. (a) Consent of General Partner. No Limited Partner shall have the right to substitute a transferee as a Limited Partner in his or her place (including any transferee permitted by Section 11.3)place. The General Partner shall, however, have the right to consent to the admission of a transferee of the interest of a Limited Partner pursuant to this Section 11.4 as a Substituted Limited Partner, which consent may be given or withheld by the General Partner in its sole and absolute discretion. The General Partner’s 's failure or refusal to permit a transferee of any such interests to become a Substituted Limited Partner shall not give rise to any cause of action, whether at law or in equity, action against the Partnership or any Partner.

Substituted Limited Partners. A. No Limited Partner shall have the right to substitute a transferee as a Limited Partner in his or her place (including any transferee permitted by Section 11.3). The General Partner shall, NY\5888591.8 however, have the right to consent to the admission of a transferee of the interest of a Limited Partner pursuant to this Section 11.4 as a Substituted Limited Partner, which consent may be given or withheld by the General Partner in its sole and absolute discretion. The General Partner’s failure or refusal to permit a transferee of any such interests to become a Substituted Limited Partner shall not give rise to any cause of action, whether at law or in equity, action against the Partnership or any Partner.

Substituted Limited Partners. A. No Limited Partner shall have the right to substitute a transferee as a Limited Partner in his or her place (including any transferee permitted by Section 11.3). The General Partner shall, however, have the right to consent to the admission of a transferee of the interest of a Limited Partner pursuant to this Section 11.4 as a Substituted Limited Partner, which consent may be given or withheld by the General Partner in its sole and absolute discretion. The General PartnerPartner ’s failure or refusal to permit a transferee of any such interests to become a Substituted Limited Partner shall not give rise to any cause of action, whether at law or in equity, action against the Partnership or any Partner.

Substituted Limited Partners. A. No Limited Partner shall have the right to substitute a transferee as a Limited Partner in his or her place (including any transferee permitted by Section 11.3)place. The General Partner shall, however, have the right to consent to the admission of a transferee of the interest of a Limited Partner pursuant to this Section 11.4 11.04 as a Substituted Limited Partner, which consent may be given or withheld by the General Partner in its sole and absolute discretion. The General Partner’s failure or refusal to permit a transferee of any such interests to become a Substituted Limited Partner shall not give rise to any cause of action, whether at law or in equity, action against the Partnership or any Partner.

Substituted Limited Partners. A. No Limited Partner shall have the right to substitute a transferee as Permitted Transferee for a Limited Partner in his or her place (including any transferee permitted by Section 11.3)place. The General Partner shall, however, have the right to consent to the admission of a transferee Permitted Transferee of the interest Partnership Interest of a Limited Partner pursuant to this Section 11.4 as a Substituted Substitute Limited Partner, which consent may be given or withheld by the General Partner in its sole and absolute discretion. The General Partner’s 's failure or refusal to permit a such transferee of any such interests to become a Substituted Limited Partner shall not give rise to any cause of action, whether at law or in equity, action against the Partnership or any Partner.

Substituted Limited Partners. A. Consent of General Partner. No Limited Partner shall have the right to substitute a transferee as a Limited Partner in his or her its place (including any transferee whether or not the transfer of the Limited - 45 - 51 Partner's Partnership Interest is permitted by under Section 11.3). The General Partner shall, however, have the right to consent to the admission of a transferee of the interest of a Limited Partner pursuant to this Section 11.4 as a Substituted Limited Partner, which consent may be given or withheld by the General Partner in its sole and absolute discretiondiscretion and for any reason or no reason. The General Partner’s 's failure or refusal to permit a transferee of any such interests to become a Substituted Limited Partner shall not give rise to any cause of action, whether at law or in equity, action against the Partnership or any Partner.

Substituted Limited Partners. A. E. No Limited Partner shall have the right to substitute a transferee as a Limited Partner in his or her place (including any transferee permitted by Section 11.3). The General Partner shall, however, have the right to consent to the admission of a transferee of the interest of a Limited Partner pursuant to this Section 11.4 as a Substituted Limited Partner, which consent may be given or withheld by the General Partner in its sole and absolute discretion. The General Partner’s failure or refusal to permit a transferee of any such interests to become a Substituted Limited Partner shall not give rise to any cause of action, whether at law or in equity, action against the Partnership or any Partner.

Substituted Limited Partners. A. No Limited Partner shall have the right to substitute a transferee as a Limited Partner in his or her place (including any transferee permitted by Section 11.3)place. The General Partner shall, however, have the right to consent to the admission of a transferee of the interest of a Limited Partner pursuant to this Section 11.4 as a Substituted Limited Partner, which consent may shall not be given unreasonably withheld or withheld by the General Partner in its sole and absolute discretiondelayed. The General Partner’s 's failure or refusal to permit a transferee of any such interests to become a Substituted Limited Partner shall not give rise to any cause of action, whether at law or in equity, action against the Partnership or any Partner.

Substituted Limited Partners. A. No Any Preferrred Limited Partner shall have the right to substitute a transferee permitted by this Agreement as a Limited Partner in his or her place (including any transferee permitted by Section 11.3)place. The General Partner shall, however, shall have the right to consent to the admission of a permitted transferee of the interest of a any other Limited Partner pursuant to this Section 11.4 Partner, as a Substituted Limited Partner, pursuant to this Section 11.4, which consent may be given or withheld by the General Partner in its sole and absolute discretion. The General Partner’s 's failure or refusal to permit a transferee of any such interests to become a Substituted Limited Partner shall not give rise to any cause of action, whether at law or in equity, action against the Partnership or any Partner.

Substituted Limited Partners. A. No Except as otherwise provided below, no Limited Partner shall have the right to substitute a transferee as a Limited Partner in his or her place (including any transferee permitted by Section 11.3). The General Partner shall, however, have the right to consent to the admission of a transferee of the interest of a Limited Partner pursuant to this Section 11.4 11.5 as a Substituted Limited Partner, which consent may be given or withheld by the General Partner in its sole and absolute discretion. The General Partner’s failure or refusal to permit a transferee of any such interests to become a Substituted Limited Partner shall not give rise to any cause of action, whether at law or in equity, action against the Partnership or any Partner.

Substituted Limited Partners. A. A No Limited Partner shall have the right to substitute a transferee as a Limited Partner in his his, her or her its place (including any transferee transferees permitted by Section 11.3). The General Partner shall, however, have the right to consent to the admission of a transferee of the interest of a Limited Partner pursuant to this Section 11.4 as a Substituted Limited Partner, which consent may be given or withheld by the General Partner in its sole and absolute discretion. The General Partner’s failure or refusal to permit a transferee of any such interests to become a Substituted Limited Partner shall not give rise to any cause of action, whether at law or in equity, action against the Partnership or any Partner.

Substituted Limited Partners. A. No Limited Partner shall have the right to substitute a transferee as a Limited Partner in his or her place (including any transferee permitted by Section 11.3)place. The General Partner shall, however, have the right to consent to the admission of a transferee of the interest of a Limited Partner pursuant to this Section 11.4 as a Substituted Limited Partner, which consent may be given or withheld by the General Partner in its sole and absolute discretion. The General Partner’s failure or refusal to permit a transferee of any such interests to become a Substituted Limited Partner shall not give rise to any cause of action, whether at law or in equity, action against the Partnership or any Partner.

Substituted Limited Partners. A. No Limited Partner shall have the right to substitute a transferee as a Limited Partner in his or her place (including any transferee permitted by Section 11.3)place. The General Partner shall, however, have the right to consent to the admission of a transferee of the interest of a Limited Partner pursuant to this Section 11.4 as a Substituted Limited Partner, which consent may be given ,or withheld by the General Partner in its sole and absolute discretion. The General Partner’s 's failure or refusal to permit a transferee of any such interests to become a Substituted Limited Partner shall not give rise to any cause of action, whether at law or in equity, action against the Partnership or any Partner.

Substituted Limited Partners. A. Consent of General Partner. No Limited Partner shall have the right to substitute a transferee as a Limited Partner in his or her place (including any transferee permitted by Section 11.3)its place. The General Partner shall, however, have the right to consent to the admission of a transferee of the interest of a Limited Partner pursuant to this Section 11.4 as a Substituted Limited Partner, which consent may be given or withheld by the General Partner in at its sole and absolute discretion. The General Partner’s 's failure or refusal to permit a transferee of any such interests to become a Substituted Limited Partner shall not give rise to any cause of action, whether at law or in equity, action against the Partnership or any Partner.

Substituted Limited Partners. A. (a) No Limited Partner shall have the right to substitute a transferee as a Limited Partner in his or her its place (including any transferee whether or not the transfer of the Limited Partner's Interest is permitted by under Section 11.3). The Managing General Partner shall, however, have the right to consent to the admission of a transferee of the interest of a Limited Partner pursuant to this Section 11.4 as a Substituted Limited Partner, which consent may be given or withheld by the General Partner in its sole and absolute discretiondiscretion and for any reason or no reason. The Managing General Partner’s 's failure or refusal to permit a transferee of any such interests to become a Substituted Limited Partner shall not give rise to any cause of action, whether at law or in equity, action against the Partnership or any Partner.

Substituted Limited Partners. A. No Limited Partner shall have the right to substitute a transferee as a Limited Partner in his or her place (including any transferee permitted by Section 11.3). The General Partner shall, however, have the right to consent to the admission of a transferee of the interest of a Limited Partner pursuant to this Section 11.4 as a Substituted Limited Partner, which consent may be given or withheld by the General Partner in its sole and absolute discretion. The General Partner’s Partner ‘s failure or refusal to permit a transferee of any such interests to become a Substituted Limited Partner shall not give rise to any cause of action, whether at law or in equity, action against the Partnership or any Partner.

Substituted Limited Partners. A. No Limited Partner shall have the right to substitute a transferee as a Limited Partner in his or her place (including except as to any transferee permitted by Section 11.311.3.A). The General Partner shall, however, have the right to consent to the admission of a transferee of the interest of a Limited Partner pursuant to this Section 11.4 as a Substituted Limited Partner, which consent may be given or withheld by the General Partner in its sole and absolute discretion. The General Partner’s 's failure or refusal to permit a transferee of any such interests to become a Substituted Limited Partner shall not give rise to any cause of action, whether at law or in equity, action against the Partnership or any Partner.

Substituted Limited Partners. A. No Limited Partner shall have the right to substitute a transferee as a Limited Partner in his or her place (including any transferee permitted by Section 11.3)place. The General Partner shall, however, have the right to consent to the admission of a transferee of the interest of a Limited Partner pursuant to this Section 11.4 as a Substituted Limited Partner, which consent may be given or withheld by the General Partner in 50 its sole and absolute discretion. The General Partner’s 's failure or refusal to permit a transferee of any such interests to become a Substituted Limited Partner shall not give rise to any cause of action, whether at law or in equity, action against the Partnership or any Partner.

Substituted Limited Partners. A. No (a) Consent of General Partner Required. The Limited Partner shall have the right to substitute a transferee as a Limited Partner in his or her place (including any place, but only if such transferee is a permitted by transferee under Section 11.3), in which event such substitution shall occur if the Limited Partner so provides. The With respect to any other transfers, the General Partner shall, however, shall have the right to consent to the admission of a transferee of the interest of a Limited Partner pursuant to this Section 11.4 as a Substituted Limited Partner, which consent may be given or withheld by the General Partner in its sole and absolute discretion. The General Partner’s 's failure or refusal to permit a transferee of any such interests to become a Substituted Limited Partner shall not give rise to any cause of action, whether at law or in equity, action against the Partnership or any Partner.

Substituted Limited Partners. A. No Limited Partner shall have the right to substitute a transferee as a Limited Partner in his or her such Limited Partner's place (including any transferee permitted by Section 11.3). The General Partner shall, however, have the right to consent to the admission of a transferee permitted under Section 11.3 of the interest of a Limited Partner as a Substituted Limited Partner pursuant to this Section 11.4 as a Substituted Limited Partner11.4, which consent may be given or withheld by the General Partner in its sole and absolute discretion. The General Partner’s 's failure or refusal to permit a transferee of any such interests to become a Substituted Limited Partner shall not give rise to any cause of action, whether at law or in equity, action against the Partnership or any Partner.

Substituted Limited Partners. A. No Limited Partner shall have the right to substitute a transferee as a Limited Partner in his or her place (including any transferee permitted by Section 11.3)place. The General Partner shall, however, have the right to consent to the admission of a transferee of the interest of a Limited Partner pursuant to this this, Section 11.4 as a Substituted Limited Partner, which consent Consent may be given or withheld by the General Partner in its sole and absolute discretion. The General Partner’s 's failure or refusal to permit a transferee of any such interests to become a Substituted Limited Partner shall not give rise to any cause of action, whether at law or in equity, action against the Partnership or any Partner. Notwithstanding the foregoing in the event of transfers of Limited Partnership Units by Original Limited Partners in accordance with the second sentence of Section 11.3A, the transferees shall be admitted as Substituted Limited Partners, and the General Partner hereby consents to such.

Substituted Limited Partners. A. No Except as provided by Section 11.3 hereof, no Limited Partner shall have the right to substitute a transferee as a Limited Partner in his or her place (including any transferee permitted place. Except as provided by Section 11.3). The , the General Partner shall, however, have the right to consent to the admission of a transferee of the interest of a Limited Partner pursuant to this Section 11.4 as a Substituted Limited Partner, which consent may be given or withheld by the General Partner in its sole and absolute discretion; provided, however, that the General Partner will be deemed to have consented to any transfers in accordance with Section 11.3 hereof. The General Partner’s failure or refusal to permit a transferee of any such interests to become a Substituted Limited Partner shall not give rise to any cause of action, whether at law or in equity, action against the Partnership or any Partner.

Substituted Limited Partners. A. (a) No Limited Partner shall have the right to substitute a transferee as a Limited Partner in his or her such Limited Partner’s place (including any transferee permitted by Section 11.3). The General Partner shall, however, have the right to consent to the admission of a transferee permitted under Section 11.3 of the interest of a Limited Partner as a Substituted Limited Partner pursuant to this Section 11.4 as a Substituted Limited Partner11.4, which consent may be given or withheld by the General Partner in its sole and absolute discretion. The General Partner’s failure or refusal to permit a transferee of any such interests to become a Substituted Limited Partner shall not give rise to any cause of action, whether at law or in equity, action against the Partnership or any Partner.