Substitute Limited Partner Sample Clauses

Substitute Limited Partner. A Person who is admitted as a Limited Partner to the Partnership in place of and with all the rights of a Limited Partner.
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Substitute Limited Partner. The assignee of the whole or a portion of a Partnership interest shall be admitted as a substitute Limited Partner upon compliance with the following conditions:
Substitute Limited Partner. No Transferee of an Interest shall become a Substitute Limited Partner unless all of the following conditions have been satisfied, within such reasonable time period as the General Partner shall determine:
Substitute Limited Partner. The transferee of a partnership interest permitted pursuant to Section 10.2 shall be admitted to the Partnership as a Limited Partner upon its execution of a written agreement to be bound by all of the provisions of this Agreement.
Substitute Limited Partner. A Limited Partner or the transferee of a Limited Partner may transfer all, but not a part of his Unit(s) to a Substitute Limited Partner provided:
Substitute Limited Partner. No assignee, purchaser or transferee of the whole or any portion of any Limited Partner's Interest shall have the right to become a substitute Limited Partner, unless:
Substitute Limited Partner. A person admitted to all of the rights -------------------------- of a Limited Partner who has died or assigned his interest in the Partnership, or in the case of a Limited Partner that is a partnership, joint venture, association, corporation or trust, that has been dissolved or assigned its interest in the Partnership.
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Substitute Limited Partner. No assignee of the whole or any part of a Limited Partner Interest shall be substituted as a Limited Partner without the prior written consent of the General Partner, the granting or denying of which consent shall be in the General Partner's absolute discretion. As a condition to the approval or consent of the General Partner to the admission of an assignee of a Limited Partner as a Substitute Limited Partner, the General Partner:
Substitute Limited Partner. An Assignee may become a Limited Partner on the completion of all of the following:
Substitute Limited Partner. No assignee of a Limited Partner's Partnership Interest shall have the right to become a substitute Limited Partner unless all of the following conditions are satisfied:
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