Withdrawal and Removal of Limited Partners. If a Limited Partner ceases to hold any Units, then such Limited Partner shall withdraw from the Partnership and shall cease to be a Limited Partner and to have the power to exercise any rights or powers of a Limited Partner.
Appears in 55 contracts
Samples: Limited Partnership Agreement (Apollo Global Management LLC), Limited Partnership Agreement (Blackstone Group L.P.), Limited Partnership Agreement (Blackstone Group Inc)
Withdrawal and Removal of Limited Partners. If a Limited Partner ceases to hold any Units, then such Limited Partner shall withdraw from the Partnership and shall cease to be a Limited Partner and to have the power to exercise any rights or powers of a Limited Partner.
Appears in 19 contracts
Samples: Exempted Limited Partnership Agreement (Apollo Global Management LLC), Exempted Limited Partnership Agreement (Apollo Global Management LLC), Partnership Agreement (Apollo Global Management LLC)
Withdrawal and Removal of Limited Partners. If Subject to Section 8.07, if a Limited Partner ceases to hold any Units, including as a result of a forfeiture of Units pursuant to Section 8.02, then such Limited Partner shall withdraw from the Partnership and shall cease to be a Limited Partner and to have the power to exercise any rights or powers of a Limited Partner, and shall be deemed to have withdrawn from the Partnership.
Appears in 11 contracts
Samples: Limited Partnership Agreement (Carlyle Group L.P.), Limited Partnership Agreement (Carlyle Group L.P.), Limited Partnership Agreement (PJT Partners Inc.)
Withdrawal and Removal of Limited Partners. If Subject to Section 8.7, if a Limited Partner ceases to hold any Units, including as a result of a forfeiture of Units pursuant to Section 8.2, then such Limited Partner shall withdraw from the Partnership and shall cease to be a Limited Partner and to have the power to exercise any rights or powers of a Limited Partner, and shall be deemed to have been withdrawn from the Partnership.
Appears in 9 contracts
Samples: Limited Partnership Agreement (Ares Management Lp), Limited Partnership Agreement (Ares Management Lp), Limited Partnership Agreement (Ares Management Corp)
Withdrawal and Removal of Limited Partners. If Subject to Section 8.7, if a Limited Partner ceases to hold any Units, including as a result of a forfeiture of Units pursuant to Section 8.2, then such Limited Partner shall withdraw from the Partnership and shall cease to be a Limited Partner and to have the power to exercise any rights or powers of a Limited Partner, and shall be deemed to have withdrawn from the Partnership.
Appears in 8 contracts
Samples: Limited Partnership Agreement (Ares Management Lp), Limited Partnership Agreement (Ares Management Lp), Limited Partnership Agreement (Ares Management Lp)
Withdrawal and Removal of Limited Partners. If a Limited Partner ceases to hold any Units, then such Limited Partner shall withdraw from the Partnership and shall cease to be a Limited Partner and to have the power to exercise any rights or powers of a Limited Partner.. ARTICLE IX
Appears in 4 contracts
Samples: Limited Partnership Agreement (Blackstone Group L.P.), Limited Partnership Agreement (Oaktree Capital Group, LLC), Partnership Agreement (Oaktree Capital Group, LLC)
Withdrawal and Removal of Limited Partners. If Subject to Section 8.07 hereof, if a Limited Partner ceases to hold any Units, including as a result of a forfeiture of Units pursuant to Section 8.02 hereof, then such Limited Partner shall withdraw from the Partnership and shall cease to be a Limited Partner and to have the power to exercise any rights or powers of a Limited Partner.
Appears in 3 contracts
Samples: Limited Partnership Agreement (Summit Materials, Inc.), Limited Partnership Agreement (Summit Materials, Inc.), Limited Partnership Agreement (Summit Materials, Inc.)
Withdrawal and Removal of Limited Partners. If Subject to Section 8.05, if a Limited Partner ceases to hold any Units, then such Limited Partner shall withdraw from the Partnership and shall cease to be a Limited Partner and to have the power to exercise any rights or powers of a Limited PartnerPartner (hereunder or under applicable Law), and shall be deemed to have withdrawn from the Partnership.
Appears in 2 contracts
Samples: Limited Partnership Agreement (Beneficient), Limited Partnership Agreement (Beneficient)
Withdrawal and Removal of Limited Partners. If Subject to Section 8.06, if a Limited Partner ceases to hold any Units, including as a result of a forfeiture of Units, then such Limited Partner shall withdraw from the Partnership and shall cease to be a Limited Partner and to have the power to exercise any rights or powers of a Limited Partner, and shall be deemed to have withdrawn from the Partnership.
Appears in 2 contracts
Samples: Limited Partnership Agreement (Fifth Street Asset Management Inc.), Limited Partnership Agreement (Fifth Street Asset Management Inc.)
Withdrawal and Removal of Limited Partners. If Subject to Section 8.05, if a Limited Partner ceases to hold any Units, then such Limited Partner shall withdraw from the Partnership and shall cease to be a Limited Partner and to have the power to exercise any rights or powers of a Limited PartnerPartner (hereunder or under applicable law), and shall be deemed to have withdrawn from the Partnership.
Appears in 2 contracts
Samples: Limited Partnership Agreement (GWG Holdings, Inc.), Limited Partnership Agreement (GWG Holdings, Inc.)
Withdrawal and Removal of Limited Partners. If Subject to Section 8.05, if a Limited Partner ceases to hold any Units, then such Limited Partner shall withdraw from the Partnership and shall cease to be a Limited Partner and to have the power to exercise any rights or powers of a Limited PartnerPartner (hereunder or under applicable law), and shall be deemed to have withdrawn from the Partnership. Section 8.09.
Appears in 1 contract
Withdrawal and Removal of Limited Partners. If a Limited Partner ceases to hold any Units, then such Limited Partner shall shall, with the consent of a General Partner, withdraw from the Partnership and shall cease to be a Limited Partner and to have the power to exercise any rights or powers of a Limited Partner.
Appears in 1 contract
Withdrawal and Removal of Limited Partners. If a Limited Partner ceases to hold any Units, then such Limited Partner shall withdraw be deemed to have been withdrawn from the Partnership and shall cease to be a Limited Partner and to have the power to exercise any rights or powers of a Limited Partner.
Appears in 1 contract
Samples: Limited Partnership Agreement (Oaktree Capital Group, LLC)
