We use cookies on our site to analyze traffic, enhance your experience, and provide you with tailored content.

For more information visit our privacy policy.

Admission as a Limited Partner Sample Clauses

Admission as a Limited Partner. Upon execution and delivery of the Limited Partner Acceptance by the Members, at the Closing, and subject to the completion of the Closing, Members who, pursuant to the CEM and the Election Form, receive OP Units in connection with this Agreement, shall be admitted as limited partners of the OP and, as such, shall be subject to, and bound by, the OP Agreement, including the power of attorney granted therein and all the terms and conditions thereof.
Admission as a Limited Partner. Upon execution and delivery of the Limited Partner Acceptance to the Partnership Agreement, attached hereto as Exhibit D (the “Limited Partner Acceptance”), by the Contributor at the Closing, and subject to the completion of the Closing, the Contributor shall be admitted to the Operating Partnership as a limited partner of the Operating Partnership and, as such, shall be subject to, and bound by, the Partnership Agreement, including the power of attorney granted therein and all the terms and conditions thereof.
Admission as a Limited Partner. Upon execution and delivery of the Limited Partner Acceptance by RPC and, if their designees will receive the Units pursuant to Section 1.2(b) above, each of such designees, at the Closing, and subject to the completion of the Closing, RPC and if applicable, their designees, shall be admitted as limited partners of the Operating Partnership and, as such, shall be subject to, and bound by, the Partnership Agreement, including the power of attorney granted therein and all the terms and conditions thereof.
Admission as a Limited Partner. Upon execution and delivery of an acceptance of the Partnership Agreement by each Unit Recipient at the Closing, and subject to the completion of the Closing, including execution of such acceptance by the Operating Partnership, such Unit Recipient shall be admitted to the Operating Partnership as a limited partner of the Operating Partnership and, as such, shall be subject to, and bound by, the Partnership Agreement, including all the terms and conditions thereof, and the power of attorney granted therein, as well as the terms set forth in Section 1.3 of this Agreement that hereby modify the terms of the Partnership Agreement with respect to the Exchange Right (as defined in the Partnership Agreement) of each Unit Recipient admitted as a limited partner of the Operating Partnership pursuant to this Section 1.2(c).
Admission as a Limited Partner. Upon execution and delivery of the signature page to the Partnership Agreement by a Contributor at the Closing, and subject to the completion of the Closing, such Contributor shall be admitted to the Operating Partnership as a limited partner of the Operating Partnership and, as such, shall be subject to, and bound by, the Partnership Agreement, including all the terms and conditions thereof, and the power of attorney granted therein.
Admission as a Limited Partner. Upon the issuance of New TEGP Class A Shares to holders of Partnership Public Units in accordance with this Agreement, each Person receiving New TEGP Class A Shares shall automatically be admitted as a limited partner of TEGP.
Admission as a Limited Partner. Upon execution and delivery of the Limited Partner Acceptance by the General Partners and, if their designees will receive the Units pursuant to Section 1.2(b) above, each of such designees, at the Closing, and subject to the completion of the Closing, the General Partners and if applicable, their designees, shall be admitted as limited partners of the Operating Partnership and, as such, shall be subject to, and bound by, the Partnership Agreement, including the power of attorney granted therein and all the terms and conditions thereof.
Admission as a Limited PartnerEach Person who subscribes for Units under Section 6.2 shall be admitted to the Fund promptly after the General Partner's acceptance of such subscription, but, except as provided in Section 6.6, in no event later than 30 days after the receipt by the Fund of such subscription.
Admission as a Limited Partner. Upon execution and delivery of the Limited Partner Acceptance to the Partnership Agreement, attached hereto as Exhibit B (the “Limited Partner Acceptance”), by Holdco, and subject to the completion of the Closing, Holdco shall be admitted to the Operating Partnership as a limited partner of the Operating Partnership and, as such, shall be subject to, and bound by, the Partnership Agreement, including all the terms and conditions thereof, and the power of attorney granted therein.
Admission as a Limited Partner. Upon acceptance by the General Partner of any subscription for LP Units in accordance with and subject to compliance with the terms of this Agreement, all Partners are deemed to consent to the admission of the subscriber as a Limited Partner, and the Fund may issue LP Units to such subscriber. The General Partner will cause the Register to be amended and the admission of the new Limited Partner to be reflected in all relevant Fund books and records.