Common use of Admission of Additional Limited Partners; Effect on Points Clause in Contracts

Admission of Additional Limited Partners; Effect on Points. (a) The General Partner may at any time admit as an additional Limited Partner any Person who has agreed to be bound by this Agreement and may assign Points to such Person and/or increase the Points of any existing Limited Partner, in each case, subject to and in accordance with Section 7.1.

Appears in 6 contracts

Samples: Exempted Limited Partnership Agreement (Apollo Global Management, Inc.), Limited Partnership Agreement (Apollo Global Management LLC), Partnership Agreement (Apollo Global Management LLC)

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Admission of Additional Limited Partners; Effect on Points. (a) The General Partner may at any time admit as an additional Limited Partner any Person who has agreed to be bound by and to adhere to this Agreement and may assign Points to such Person and/or increase the Points of any existing Limited Partner, in each case, subject to and in accordance with Section 7.1.

Appears in 2 contracts

Samples: Exempted Limited Partnership Agreement (Apollo Asset Management, Inc.), Apollo Global Management, Inc.

Admission of Additional Limited Partners; Effect on Points. (a) The General Partner may admit at any time admit any Person as an additional Limited Partner any Person who has agreed to be bound by this Agreement Partner, and may assign Points to such Person and/or increase the Points of any existing Limited Partner, in each case, subject to and in accordance with Section 7.1.the remaining provisions of this Section

Appears in 2 contracts

Samples: Limited Partnership Agreement (Apollo Global Management, Inc.), Apollo Global Management, Inc.

Admission of Additional Limited Partners; Effect on Points. (a) The General Partner may at any time admit as an additional Limited Partner any Person who has agreed to be bound by this Agreement and may assign Points to such Person and/or increase the Points of any existing Limited Partner, in each case, subject to and in accordance with Section 7.1. Notwithstanding anything to the contrary in this Agreement, an assignment of Points to a Limited Partner in one year shall not create an entitlement to, or an expectation of, an assignment or allocation of additional Points to such Limited Partner at any subsequent time.

Appears in 2 contracts

Samples: Apollo Global Management LLC, Apollo Global Management LLC

Admission of Additional Limited Partners; Effect on Points. (a) The General Partner may at any time admit as an additional Limited Partner any Person who has agreed to be bound by and to adhere to this Agreement and may assign Points to such Person and/or increase the Points of any existing Limited Partner, in each case, subject to and in accordance with Section 7.1. Notwithstanding anything to the contrary in this Agreement, an assignment of Points to a Limited Partner in one year shall not create an entitlement to, or an expectation of, an assignment or allocation of additional Points to such Limited Partner at any subsequent time.

Appears in 2 contracts

Samples: Apollo Global Management, Inc., Apollo Global Management, Inc.

Admission of Additional Limited Partners; Effect on Points. (a) The General Partner may at any time admit as an additional Limited Partner any Person who has agreed to be bound by and adhere to this Agreement and may assign Points to such Person and/or increase the Points of any existing Limited Partner, in each case, subject to and in accordance with Section 7.1.

Appears in 2 contracts

Samples: Exempted Limited Partnership Agreement (Apollo Global Management, Inc.), Exempted Limited Partnership Agreement (Apollo Global Management, Inc.)

Admission of Additional Limited Partners; Effect on Points. (a) The General Partner may at any time admit as an additional Limited Partner any Person who has agreed to be bound by this Agreement and may assign Points to such Person and/or increase the Points of any existing Limited Partner, in each case, subject to and in accordance with Section 7.1.

Appears in 1 contract

Samples: Apollo Global Management LLC

Admission of Additional Limited Partners; Effect on Points. (am) The General Partner may at any time admit as an additional Limited Partner any Person who has agreed to be bound by this Agreement and may assign Points to such Person and/or increase the Points of any existing Limited Partner, in each case, subject to and in accordance with Section 7.1.

Appears in 1 contract

Samples: Apollo Global Management LLC

Admission of Additional Limited Partners; Effect on Points. (a) The General Partner may at any time admit as an additional Limited Partner any Person who has agreed to be become a limited partner of the Partnership and to adhere to and be bound by the provisions of this Agreement and may assign Points to such Person and/or increase the Points of any existing Limited Partner. Once assigned, in each case, such Points shall not be subject to and forfeiture except as contemplated pursuant to Section 7.3 in accordance connection with Section 7.1a Partner’s retirement.

Appears in 1 contract

Samples: Apollo Global Management LLC

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Admission of Additional Limited Partners; Effect on Points. (am) The General Partner may at any time admit as an additional Limited Partner any Person who has agreed to be become a limited partner of the Partnership and to adhere to and be bound by the provisions of this Agreement and may assign Points to such Person and/or increase the Points of any existing Limited Partner. Once assigned, in each case, such Points shall not be subject to and forfeiture except as contemplated pursuant to Section 7.3 in accordance connection with Section 7.1a Partner’s retirement.

Appears in 1 contract

Samples: Apollo Global Management LLC

Admission of Additional Limited Partners; Effect on Points. (al) The General Partner may at any time admit as an additional Limited Partner any Person who has agreed to be bound by this Agreement and may assign Points to such Person and/or increase the Points of any existing Limited Partner, in each case, subject to and in accordance with Section 7.1.

Appears in 1 contract

Samples: Apollo Global Management LLC

Admission of Additional Limited Partners; Effect on Points. (a) The General Partner may at any time admit as an additional Limited Partner any Person who has agreed to adhere to and be bound by this Agreement and may assign Points to such Person and/or increase the Points of any existing Limited Partner, in each case, subject to and in accordance with Section 7.1. Notwithstanding anything to the contrary in this Agreement, an assignment of Points to a Limited Partner in one year shall not create an entitlement to, or an expectation of, an assignment or allocation of additional Points to such Limited Partner at any subsequent time.

Appears in 1 contract

Samples: Apollo Global Management, Inc.

Admission of Additional Limited Partners; Effect on Points. (aj) The General Partner may at any time admit as an additional Limited Partner any Person who has agreed to be bound by this Agreement and may assign Points to such Person and/or increase the Points of any existing Limited Partner, in each case, subject to and in accordance with Section 7.1.

Appears in 1 contract

Samples: Limited Partnership Agreement (Apollo Global Management LLC)

Admission of Additional Limited Partners; Effect on Points. (a) a. The General Partner may admit at any time admit any Person as an additional Limited Partner any Person who has agreed to be bound by this Agreement Partner, and may assign Points to such Person and/or increase the Points of any existing Limited Partner, in each case, subject to and in accordance with the remaining provisions of this Section 6.1 and Section 7.1.

Appears in 1 contract

Samples: Apollo Global Management, Inc.

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