Additional Capital Account Provisions. No Partner shall have the right to demand a return of all or any part of such Partner’s Capital Contributions. Any return of the Capital Contributions of any Partner shall be made solely from the assets of Premier LP and only in accordance with the terms of this Agreement. No interest shall be paid to any Partner with respect to such Partner’s Capital Contributions or Capital Account. In the event that all or a portion of the Units of a Partner are transferred in accordance with this Agreement, the Transferee of such Units shall also succeed to all or the relevant portion of the Capital Account of the transferor. For purposes of the preceding sentence, the portion of the Capital Account to which the Transferee succeeds shall be the percentage of the transferor’s total Capital Account as the Percentage Interest being transferred bears to the total Percentage Interest of the transferor immediately prior to such transfer. Units held by a Partner may not be transferred independently of the Interest to which the Units relate.
Appears in 4 contracts
Samples: Limited Partnership Agreement (Premier, Inc.), Indemnification Agreement (Premier, Inc.), Limited Partnership Agreement (Premier, Inc.)
