Admission of Additional General Partner Sample Clauses

Admission of Additional General Partner. The General Partner may admit one or more additional general partners at any time without the consent of any Limited Partner, other than the Required Voting Partners if such additional general partner is not an Affiliate of AGM. No reduction in the Points of any Limited Partner shall be made as a result of the admission of an additional general partner or the increase in the Points of any general partner without the consent of such Limited Partner. Any additional general partner shall be admitted as a general partner upon its execution of a counterpart signature page to this Agreement.
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Admission of Additional General Partner. Except as provided in Section 11.2(a) and Section 11.2(b), the General Partner may not admit an additional general partner other than an Affiliate of the General Partner pursuant to Section 11.2(a).
Admission of Additional General Partner and Transfer (a) The General Partner may admit one or more additional general partners at any time without the consent of any Limited Partner. Any additional general partner shall be admitted as a general partner upon its execution of a counterpart signature page to this Agreement.
Admission of Additional General Partner. The General Partner may cause the Partnership to admit as an additional General Partner any person controlling, controlled by or under common control with the General Partner. The Limited Partners hereby consent in advance to such an admission of an additional General Partner pursuant to this Section 6.3; provided, however, that such admission shall not in any manner reduce the interest of the Limited Partners in the Partnership. Unless otherwise agreed by the General Partner and the person to be admitted as an additional General Partner, the additional General Partner so admitted shall have the same rights and responsibilities as the General Partner under this Agreement.
Admission of Additional General Partner. The General Partner may admit one or more additional general partners at any time without the consent of any Limited Partner. No reduction in the Points of any Limited Partner shall be made as a result of the admission of an additional general partner or the increase in the Points of any general partner without the consent of such Limited Partner. Any additional general partner shall be admitted as a general partner of the Partnership upon its execution of a counterpart signature page to this Agreement or a separate instrument evidencing their agreement to adhere to and be bound by this Agreement, and upon the filing of an amendment to the Section 9 Statement with the Registrar pursuant to the Partnership Act.
Admission of Additional General Partner. The General Partner may admit one or more additional general partners at any time without the consent of any Limited Partner. No reduction in the Points of any Limited Partner shall be made as a result of the admission of an additional general partner or the increase in the Points of any general partner without the consent of such Limited Partner. Any additional general partner shall be admitted as a general partner upon its execution of a counterpart signature page to this Agreement or a separate instrument evidencing their agreement to adhere to and be bound by this Agreement, and upon the filing of an amended Section 10 Statement with the Cayman Islands Registrar of Exempted Limited Partnerships pursuant to the Partnership Law (“Section 10 Statement”).
Admission of Additional General Partner. The General Partner may admit one or more additional general partners at any time without the consent of any Limited Partner. No reduction in the Points of any Limited Partner shall be made as a result of the admission of an additional general partner or the increase in the Points of any general partner without the consent of such Limited Partner. Any additional general partner shall be admitted as a general partner upon its execution of a deed of adherence, in a form satisfactory to the General Partner, to this Agreement pursuant to which such Person undertakes and agrees to become a General Partner of the Partnership and to adhere to and be bound by the provisions of this Agreement on admission as a General Partner. The incumbent General Partner shall make such filings with the Registrar as are necessary pursuant to the Partnership Law to effect the legal admission of any additional general partner of the Partnership.
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Admission of Additional General Partner. With the approval of a Majority Interest and a Majority of Minority Interest, any Person may be admitted as a general partner, effective upon the filing with the Secretary of State of the State of Delaware of an amendment to the Certificate of Limited Partnership to reflect the admission of the new approved partner as a general partner. No such approval shall be required to admit as a general partner any Affiliate of the General Partner. Notwithstanding any provision of this Section 11.3, a successor General Partner shall be admitted to the Partnership upon the approvals required by Sections 13.1, 14.1 or 14.2.
Admission of Additional General Partner. The General Partner may, but shall not be required to, admit one or more additional general partners, who may be natural persons, partnerships or companies, to the Partnership.
Admission of Additional General Partner. The General Partner may, at any time, designate additional Persons to be General Partners; provided that the Interests of the Limited Partners shall not be affected thereby. Any such additional Person shall become an additional General Partner only upon meeting the following conditions: (a) the designated Person shall have accepted and agreed to be bound by all the terms and provisions of this Agreement; (b) the designated Person shall have provided the Partnership with evidence satisfactory to counsel for the Partnership of its authority to become a General Partner and to be bound by all the terms and conditions of this Agreement; (c) counsel for the Partnership, at the expense of the General Partner, shall have rendered an opinion that the admission of the designated Person is in conformity with the Act and that none of the actions taken in connection with the admission of the designated Person will cause the termination or dissolution of the Partnership or will cause it to be classified other than as a partnership for federal income tax purposes; and (d) any required or appropriate amendments and filings required under the Act shall have been properly made. Each Limited Partner hereby Consents to the admission of any successor or additional General Partner pursuant to Section 10.03 or this Section 10.05 and no further Consent or approval shall be required.
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