Substitution of Assignee. No Transferee of the whole or any portion of a Limited Partner's interest in the Partnership shall have the right to be admitted to the Partnership and become a Limited Partner unless and until all of the Partners in their absolute discretion consent and all of the following conditions are satisfied:
Substitution of Assignee. An assignee of all or any part of a Unit Holder’s Interest will become a Substituted Member only if (a) a Majority in Interest of the Managers consent thereto in Writing (and any Manager may withhold such consent in its discretion) and (b) each of the following conditions is met:
Substitution of Assignee. Except as otherwise permitted herein, no Transferee of the whole or any portion of a Member’s interest in the Company shall have the right to be admitted to the Company and become a Member unless and until all of the Members in their absolute discretion consent and all of the following conditions are satisfied:
Substitution of Assignee. No person who has acquired all or a part of an interest in the Partnership who is not already a limited partner of the Partnership shall be admitted as a substituted limited partner of the Partnership with respect to such interest in the Partnership without the prior written approval of each Partner which approval may be given or not in the sole discretion of each such Partner.
Substitution of Assignee. An assignee of all or any part of a Unit Holder's interest will become a substituted Member only if (a) the Manager consents thereto in writing (and the Manager may withhold such consent in its discretion) and (b) each of the following conditions is met:
Substitution of Assignee. Except as otherwise permitted herein, no Transferee of the whole or any portion of a Partner’s interest in the Partnership shall have the right to be admitted to the Partnership and become a Limited Partner unless and until all of the Partners in their absolute discretion consent and all of the following conditions are satisfied:
