Common use of Additional Partnership Interests Clause in Contracts

Additional Partnership Interests. The Partnership may issue additional limited partnership interests for any Partnership purpose at any time or from time to time, to any Partner or other Person. Any such other Person shall be admitted as an Additional Limited Partner of the Partnership only upon execution, adoption and acknowledgment of this Agreement by such Partner or Person, or a counterpart hereto, and such other documents as may be reasonably requested by the General Partner, including without limitation, the power of attorney required under Section 11.3. Upon satisfaction of the foregoing requirements, such Person shall be admitted as an Additional Limited Partner effective on the date upon which the name of such Person is recorded on the books of the Partnership.