Examples of Special Limited Partner in a sentence
A Limited Partner other than a Special Limited Partner or the Adviser may not exercise the Redemption Right for less than 1,000 Partnership Units or, if such Limited Partner holds less than 1,000 Partnership Units, all of the Partnership Units held by such Partner.
Notwithstanding the foregoing, each Special Limited Partner and the Adviser shall have the right to require such Partnership to redeem all or a portion of their Class I Units pursuant to this Section 8.5 at any time irrespective of the period the Partnership Units have been held by the Special Limited Partner or the Adviser.
No limited partner, other than a Special Limited Partner or the Adviser, may deliver more than two Notices of Redemption during each calendar year.
No Partner, other than a Special Limited Partner, shall be entitled to demand property other than cash in connection with any distributions by the Partnership.