Admission of Additional Limited Partners; Effect on Points. 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 3 contracts
Samples: Agreement of Limited Partnership (Apollo Global Management LLC), Agreement of Exempted Limited Partnership (Apollo Global Management LLC), Limited Partnership Agreement (Apollo Global Management LLC)
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: Exempted Limited Partnership Agreement (Apollo Global Management, Inc.), Exempted Limited Partnership Agreement (Apollo Global Management, Inc.)
Admission of Additional Limited Partners; Effect on Points. 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: Exempted Limited Partnership Agreement (Apollo Global Management LLC)
