Common use of Additional Partners Clause in Contracts

Additional Partners. (a) Upon the approval of the General Partners, and subject to the following provisions, the Partnership may invite other persons who are not Partners to join the Partnership. Any sale or issuance of Partnership interests will be made in accordance with this Agreement. (b) The purchase price and terms of payment for new or additional Partnership interests will be such as are determined by the General Partners at the time of such acquisition.

Appears in 9 contracts

Samples: Limited Partnership Agreement (Gilman Sheldon G), Agreement of Limited Partnership (Trager Trust of 2012), Limited Partnership Agreement (Trager Scott)

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Additional Partners. (a8.1(a) Upon the approval of the General Partners, and subject to the following provisions, the Partnership may invite other persons who are not Partners to join the Partnership. Any sale or issuance of Partnership interests will be made in accordance with this Agreement. (b) The purchase price and terms of payment for new or additional Partnership interests will be such as are determined by the General Partners at the time of such acquisition.

Appears in 6 contracts

Samples: Limited Partnership Agreement (Teebank Family LTD Partnership), Limited Partnership Agreement (Trager Trust of 2012), Agreement of Limited Partnership (Trager Scott)

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Additional Partners. (a8.1(a) Upon the approval of the General Partners, and subject to the following provisions, the Partnership may invite other persons who are not Partners to join the Partnership. Any sale or issuance of Partnership interests will be made in accordance with this Agreement. (b8.1(b) The purchase price and terms of payment for new or additional Partnership interests will be such as are determined by the General Partners at the time of such acquisition.

Appears in 3 contracts

Samples: Agreement of Limited Partnership (Trager Trust of 2012), Agreement of Limited Partnership (Gilman Sheldon G), Agreement of Limited Partnership (Gilman Sheldon G)

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