Substitute Limited Partner definition
Substitute Limited Partner means any Person admitted to the Partnership as a Limited Partner pursuant to Section 9.3 hereof.
Substitute Limited Partner means any Person admitted to the Partnership as a Limited Partner pursuant to Section 9.03 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
Notwithstanding the foregoing, following payment by the Limited Partner of the final Capital Contribution pursuant to Section 7.2, no General Partner will unreasonably withhold, delay or condition its consent for any Assignee to become a Substitute Limited Partner or a Substitute Special Limited Partner.
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 an assignee of a Limited Partner that has become entitled to exercise all rights of a Limited Partner and that is subject to the restrictions and obligations of a Limited Partner as provided in this Agreement.
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 a transferee of a Limited Partner’s rights and obligations under this Agreement who has been admitted to the Fund in accordance with Section 10.1(d) and granted those rights enumerated in clauses (i) through (iv) of Section 10.1(d).
Substitute Limited Partner shall have the meaning set forth in Section 11.1(e).
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.