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. (b) Each additional Limited Partner shall execute either a counterpart to this Agreement or a separate instrument evidencing, to the satisfaction of the General Partner, such Limited Partner’s intent to become a Limited Partner and to adhere to and be bound by the provisions of this Agreement, and shall be admitted as a Limited Partner upon such execution. 702100.0030.0004 4843-4627-7593 v5
Appears in 1 contract
Samples: 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 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.
(b) Each additional Limited Partner shall execute either a counterpart to this Agreement or a separate instrument evidencing, to the satisfaction of the General Partner, such Limited Partner’s intent to become a Limited Partner and to adhere to and be bound by the provisions of this Agreement, and shall be admitted as a Limited Partner upon such execution. 702100.0030.0004 4843-4627-7593 v5.
Appears in 1 contract
Samples: Agreement of Exempted Limited Partnership (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.
(b) Each additional Limited Partner shall execute either a counterpart to this Agreement or a separate instrument evidencing, to the satisfaction of the General Partner, such Limited Partner’s intent to become a Limited Partner and to adhere to and be bound by the provisions of this AgreementPartner, and shall be admitted as a Limited Partner upon such execution. 702100.0030.0004 4843-4627-7593 v5.
Appears in 1 contract
Samples: Agreement of Limited Partnership (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.
(b) Each additional Limited Partner shall execute either a counterpart to this Agreement or a separate instrument evidencing, to the satisfaction of the General Partner, such Limited Partner’s intent to become a Limited Partner and to adhere to and be bound by the provisions of this Agreement, and shall be admitted as a Limited Partner upon such execution. 702100.0030.0004 4843-4627-7593 v5.
Appears in 1 contract
Samples: 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 adhere to and 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.
(b) Each additional Limited Partner shall execute either a counterpart to this Agreement or a separate instrument evidencing, to the satisfaction of the General Partner, such Limited Partner’s intent to become a Limited Partner and to adhere to and be bound by the provisions of this Agreement, and shall be admitted as a Limited Partner upon such execution. 702100.0030.0004 4843-4627-7593 v5.
Appears in 1 contract
Samples: Agreement of Exempted Limited Partnership (Apollo Global Management, Inc.)