Substituted Limited Partner definition

Substituted Limited Partner means a Person who is admitted as a Limited Partner to the Partnership pursuant to Section 11.4.
Substituted Limited Partner means a Person who is admitted as a Limited Partner to the Partnership pursuant to Section 10.2 in place of and with all the rights of a Limited Partner and who is shown as a Limited Partner on the books and records of the Partnership.
Substituted Limited Partner means a Person who is admitted as a Limited Partner to the Partnership pursuant to the Act and (i) Section 11.4 hereof or (ii) pursuant to any Partnership Unit Designation.

Examples of Substituted Limited Partner in a sentence

  • The General Partner may, in its sole discretion, withhold such amounts from distributions to such Substituted Limited Partner.

  • All reasonable expenses (including, without limitation, legal fees) not paid by the assignor Partner pursuant to Section 8.1(b)(iv) that are incurred by the Partnership or the General Partner in this connection shall be borne by such Substituted Limited Partner.


More Definitions of Substituted Limited Partner

Substituted Limited Partner means any Person who is admitted to the Partnership as Limited Partner under Section 8.2 or acquires the Interest of a Limited Partner pursuant to Section 5.2.
Substituted Limited Partner means a Person who is admitted as a Limited Partner to the Partnership pursuant to Section 11.4 and who is shown as a Limited Partner in the Partner Registry.
Substituted Limited Partner has the meaning given that term in Section 8.3.
Substituted Limited Partner means any Person admitted to the Limited Partnership as a Partner pursuant to Section 7.3 or Sections 8.1 and 8.2 of this Agreement.
Substituted Limited Partner means any Person admitted to the Partnership as a Limited Partner pursuant to the provisions of Section 13.5.
Substituted Limited Partner shall have the meaning set forth in Section 8.2 hereof.
Substituted Limited Partner has the meaning set forth in Section 10.04.