Common use of Withdrawal of Limited Partners Clause in Contracts

Withdrawal of Limited Partners. Without the prior written consent of the General Partner, which may be granted or withheld in its sole discretion, and except as provided in Section 10.1, no Limited Partner shall have the right to withdraw from the Partnership.

Appears in 3 contracts

Samples: Genesis Energy Lp, Genesis Energy Lp, Genesis Energy Lp

AutoNDA by SimpleDocs

Withdrawal of Limited Partners. Without A Limited Partner shall not ------------------------------ withdraw from the Partnership without the prior written consent of the General Partnerother Partners, which consent a Partner may be granted or withheld withhold in its sole and absolute discretion, and except as provided in Section 10.1, no Limited Partner shall have the right to withdraw from the Partnership.

Appears in 1 contract

Samples: Limited Partnership Agreement (Lyondell Chemical Co)

AutoNDA by SimpleDocs

Withdrawal of Limited Partners. Without Except as provided in Sections 5.10 and 10.3(c), no Limited Partner shall have any right to withdraw from the Partnership without the prior written consent of the General Partner, which may be granted or withheld . Upon a transfer of all of a Limited Partner's Units in its sole discretion, and except as provided a transfer described in Section 10.110.3, no such Limited Partner shall have cease to be a Limited Partner; provided that the right transferor shall not be released from liability to withdraw from the Partnership for any false statement made, or caused to be made, by such transferor in this Agreement or in the Certificate of Limited Partnership.

Appears in 1 contract

Samples: Board of Trade of the City of Chicago Inc

Time is Money Join Law Insider Premium to draft better contracts faster.