Common use of Admission of Additional General Partner Clause in Contracts

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. 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. (b) The General Partner may transfer its interest as a general partner in the Partnership without the consent of any other Person. Any such Transfer shall be subject to the existence of at least one other General Partner, incorporated or registered in the Cayman Islands, continuing to act as General Partner after such cessation.