Transfer of Partnership Interests. The foregoing power of attorney shall survive the delivery of an instrument of transfer by any Partner of the whole or any portion of or interest in its Partnership Interest, except that (i) where a Partner becomes a Former Partner, or (ii) where a Transferee of such Partnership Interest has been approved as a successor Partner and the Transferor shall thereupon cease being a Partner (all in accordance with this Agreement), then the power of attorney of the Former Partner or the Transferor Partner, as the case may be, shall survive the cessation of Partner status or the delivery of such instrument of transfer, as the case may be, for the sole purpose of enabling the attorneys-in-fact for such Former Partner or the Transferor Partner (or any of them) to execute, swear to, acknowledge and file any and all instruments necessary to effectuate or reflect such cessation, transfer and succession.
Transfer of Partnership Interests. No Partner shall transfer, sell, assign, encumber, pledge, hypothecate or otherwise dispose of all or any part of its interest in the Partnership without first obtaining the written consent of all other Partners. Any purported transfer, sale, assignment, encumbrance, pledge, hypothecation or other disposition of a Partnership interest in violation of this Section 8 shall be void and shall not cause or constitute a dissolution of the Partnership.
Transfer of Partnership Interests. Transfers of Partnership interests shall be governed by the Agreement. A Party transferring its interest, or any part thereof, shall notify the TRP in writing within two (2) weeks after such transfer.
Transfer of Partnership Interests. 9 8.2 CORRESPONDENCE ..................................................................................9 9.
Transfer of Partnership Interests. A. No Partner may sell, assign, transfer, encumber or hypothecate the whole or any part of its Partnership interest (including, but not limited to, its interest in the capital or profits of the Partnership) without the written consent of the other Partners.
Transfer of Partnership Interests. The foregoing power of attorney shall survive the delivery of an instrument of transfer by any Partner of the whole or any portion of or interest in his, her or its Partnership Interest, except that where a transferee of such Partnership Interest has been approved as a successor Partner and the transferee shall thereupon cease being a Partner (all in accordance with this Agreement), then the power of attorney of the transferor Partner shall survive the delivery of such instrument of transfer for the sole purpose of enabling the attorneys-in-fact for such transferor Partner (or any of them) to execute, swear to, acknowledge and file any and all instruments necessary to effectuate such transfer and succession.
Transfer of Partnership Interests. (a) Subject to the provisions of this Article 8, a Non-Managing General Partner may transfer its interest in the Partnership with the consent of the Managing General Partner, which consent may be withheld by the Managing General Partner in its sole and absolute
Transfer of Partnership Interests. If Tenant is a general or limited partnership and if at any time after execution of this Lease any part or all of the interests in the capital or profits of such partnership or any voting or other interests therein shall be transferred by sale, assignment, bequest, inheritance, operation of law or other disposition (including, but not limited to, such a transfer to or by a receiver or trustee in federal or state bankruptcy, insolvency or other proceedings, and also including, but not limited to, any adjustment in such partnership interests) so as to result in a change in the present control of said partnership by the person or persons now having control of same, Tenant shall give Landlord notice of such event within fifteen (15) days of the date of such transfer. If any such transfer is made (and regardless of whether Tenant has given notice of same), Landlord may elect to terminate this Lease at any time thereafter by giving Tenant notice of such election, in which event this Lease and the rights and obligations of the parties hereunder shall cease as of a date set forth in such notice which date shall be not less than sixty (60) days after the date of such notice. In the event of any such termination, all Rental (other than any Additional Rental due Landlord by reason of Tenant's failure to perform any of its obligations hereunder) shall be adjusted as of the date of such termination.
Transfer of Partnership Interests. Pursuant to the transactions --------------------------------- described in the Recitals above, the Withdrawing Partners have ceased to be partners in the Partnership, BPLLC has been admitted as the Managing General Partner of the Partnership with a 0.499830% Percentage Interest and Holdings LLC has been admitted as a Non-Managing General Partner of the Partnership with a 49.483214% Percentage Interest. PIC shall continue as a Non-Managing General Partner of the Partnership with a 50.016956% Percentage Interest.
Transfer of Partnership Interests. ADMISSIONS OF PARTNERS 27 Section 8.1 Transfer by General Partner 27 Section 8.2 Obligations of a Prior General Partner 27 Section 8.3 Successor General Partner 27 Section 8.4 Restrictions on Transfer and Withdrawal by Limited Partner. 28 Section 8.5 Substituted Limited Partner. 29 Section 8.6 Timing and Effect of Transfers 29 Section 8.7 Additional Limited Partners 29 Section 8.8 Amendment of Agreement and Certificate 30 ARTICLE IX. REDEMPTION 30
