Common use of Terms and Conditions of Purchase Clause in Contracts

Terms and Conditions of Purchase. The Partnership Interest of a Limited Partner shall not be transferred to any Partner unless the requirements of Articles 16.2 and 16.4 (b) through (f) are satisfied with respect to it. The purchaser shall be liable for all obligations and liabilities connected with that portion of the Partnership Interest transferred to it unless otherwise agreed in writing.

Appears in 4 contracts

Samples: Agreement (Prime Medical Services Inc /Tx/), Prime Medical Services Inc /Tx/, Prime Medical Services Inc /Tx/

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Terms and Conditions of Purchase. The Partnership Interest of a Limited Partner shall not be transferred to any Partner unless the requirements of Articles 16.2 17.2 and 16.4 17.4 (b) through (f) are satisfied with respect to it. The purchaser shall be liable for all obligations and liabilities connected with that portion of the Partnership Interest transferred to it unless otherwise agreed in writing.

Appears in 2 contracts

Samples: Prime Medical Services Inc /Tx/, Prime Medical Services Inc /Tx/

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