Transfer of General Partner’s Interest. (a) Except as provided in Section 9.3 hereof and Paragraph 12.5 of the Venture Agreement, the General Partner shall not withdraw from the Partnership or resign as General Partner nor shall it Transfer its general partner interest in the Partnership, in each case without the written approval of the Majority Limited Partners.
Appears in 3 contracts
Samples: Venture Agreement (Penske Automotive Group, Inc.), Venture Agreement (Penske Automotive Group, Inc.), Penske Automotive Group, Inc.
Transfer of General Partner’s Interest. (a) Except as provided in Section 9.3 hereof Sections 13.01(b) and Paragraph 12.5 of the Venture Agreement14.01, the General Partner shall not (i) withdraw from the Partnership or resign as General Partner nor shall it Transfer (ii) transfer all or any portion of its general partner interest in the Partnership, in each case without the written approval of the Majority Limited Partners.
Appears in 1 contract
Samples: Heartland Partners L P
Transfer of General Partner’s Interest. (a) Except as provided in Section 9.3 hereof Sections 13.01(b) and Paragraph 12.5 of the Venture Agreement14.01 hereof, the General Partner shall not (i) withdraw from the Partnership or resign as General Partner nor shall it Transfer (ii) transfer all or any portion of its general partner interest in the Partnership, in each case without the written approval of the Majority Limited Partners.
Appears in 1 contract
Samples: Oppenheimer Capital L P /De/
