Substitute Limited Partner definition

Substitute Limited Partner means any Person admitted to the Partnership as a Limited Partner pursuant to Section 9.03 hereof.

Substitute Limited Partner means any Person admitted to the Partnership as a Limited Partner pursuant to Section 9.3 hereof.

Substitute Limited Partner means each Person who acquires an Interest of any Limited Partner in connection with a Transfer by a Limited Partner whose admission as a Limited Partner is approved by the General Partner.

Examples of Substitute Limited Partner in a sentence

• A transferee shall become a Substitute Limited Partner when General Partner consents in writing to such admission.

• The assignee has obtained the prior written consent of the General Partner to its admission as a Substitute Limited Partner, which consent may be given or denied in the exercise of the General Partner’s sole and absolute discretion.

• Purchase OrderClass events, student trips, and competitions (excluding District contractedservices)Three written quotes shall be obtained where possible.

• The General Partner shall cooperate with the Person seeking to become a Substitute Limited Partner by preparing the documentation required by this Section and making all official filings and publications.

• In the event of the admission of an assignee as a Substitute Limited Partner, all references herein to the assigning Limited Partner shall be deemed to apply to such Substitute Limited Partner, and such Substitute Limited Partner shall succeed to all rights and obligations of the assigning Limited Partner hereunder.

More Definitions of Substitute Limited Partner

Substitute Limited Partner means any transferee of a Limited Partner’s interest in the Fund that has been admitted to the Fund as a Limited Partner by virtue of such transferee receiving all or a portion of a Partnership Interest from a Partner.

Substitute Limited Partner means any Person admitted to the Operating Partnership as a Limited Partner pursuant to Section 9.3 hereof.

Substitute Limited Partner means a Person who is the assignee or transferee, in whole or in part, of a Limited Partner's Interest in the Partnership, who is admitted to the Partnership as a Limited Partner in accordance with Section 7.3 hereof, and who is listed as such on the books and records of the Partnership.

Substitute Limited Partner means any Investor who has elected to convert from an Investor to a Limited Partner pursuant to Section 7.5 of this Agreement.

Substitute Limited Partner a Limited Partner who is admitted as a Substitute Limited Partner in conformity with the provisions of Section 10.1.

Substitute Limited Partner means any Person admitted to the Partnership as a Limited Partner pursuant to Section 9.03 hereof. "Successor Entity" has the meaning provided in the definition of "Conversion Factor" contained herein.

Substitute Limited Partner shall have the meaning set forth in Section 11.1(e).