Common use of Admission of Additional Partners Clause in Contracts

Admission of Additional Partners. After the Private Placement of the Units of Limited Partnership Interest has been terminated by the General Partner, no additional General Partner will be admitted to the Partnership except as described in Paragraph 17(c). The General Partner may take such actions as may be necessary or appropriate at any time to offer new Units or partial Units of Limited Partnership Interest and to admit new or substituted Limited Partners to the Partnership. All subscribers who have been accepted by the General Partner shall be deemed admitted as Limited Partners at the time they are reflected as such in the books and records of the Partnership.

Appears in 12 contracts

Samples: Limited Partnership Agreement (Ceres Orion L.P.), Limited Partnership Agreement (Ceres Abingdon L.P.), Limited Partnership Agreement (Managed Futures Premier Aventis Ii L.P.)

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Admission of Additional Partners. After the Private Placement of the Units of Limited Partnership Interest has been terminated by the General Partner, no additional General Partner will be admitted to the Partnership except as described in Paragraph 17(c18(c). The General Partner may take such actions as may be necessary or appropriate at any time to offer new Units or partial Units of Limited Partnership Interest and to admit new or substituted Limited Partners to the Partnership. All subscribers who have been accepted by the General Partner shall be deemed admitted as Limited Partners at the time they are reflected as such in the books and records of the Partnership.

Appears in 12 contracts

Samples: Limited Partnership Agreement (Managed Futures Premier Warrington L.P.), Limited Partnership Agreement (Warrington Fund Lp), Limited Partnership Agreement (Warrington Fund Lp)

Admission of Additional Partners. After the Private Placement of the Units of Limited Partnership Interest has been terminated by the General Partner, no additional General Partner will be admitted to the Partnership except as described in Paragraph 17(c). The General Partner may take such actions as may be necessary or appropriate at any time to offer new Units or partial Units of Limited Partnership Interest and to admit new or substituted Limited Partners to the Partnership. All subscribers who have been accepted by the General Partner shall be deemed admitted as Limited Partners at the time they are reflected as such in the books and records of the Partnership.

Appears in 9 contracts

Samples: Limited Partnership Agreement (Ceres Tactical Systematic L.P.), Limited Partnership Agreement (Potomac Futures Fund Lp), Limited Partnership Agreement (Potomac Futures Fund Lp)

Admission of Additional Partners. After the Private Placement of the Units of Limited Partnership Interest has been terminated by the General Partner, no additional General Partner will be admitted to the Partnership except as described in Paragraph 17(c18(c). The General Partner may take such actions as may be necessary or appropriate at any time to offer new Units or partial Units of Limited Partnership Interest and to admit new or substituted Limited Partners to the Partnership. All subscribers who have been accepted by the General Partner shall be deemed admitted as Limited Partners at the time they are reflected as such in the books and records of the Partnership.

Appears in 8 contracts

Samples: Limited Partnership Agreement (Aaa Capital Energy Fund L.P.), Limited Partnership Agreement (Aaa Capital Energy Fund L.P. Ii), Limited Partnership Agreement (Aaa Capital Energy Fund L.P. Ii)

Admission of Additional Partners. After the Private Placement of the Units of Limited Partnership Interest has been terminated by the General Partner, no additional General Partner will be admitted to the Partnership except as described in Paragraph 17(c). The General Partner may take such actions as may be necessary or appropriate at any time to offer new Units or partial Units of Limited Partnership Interest and to admit new or substituted Limited Partners to the Partnership. All subscribers who have been accepted by the General Partner shall be deemed admitted as Limited Partners at the time they are reflected as such in the books and records of the Partnership.

Appears in 2 contracts

Samples: Limited Partnership Agreement (Commodity Advisors Fund L.P.), Limited Partnership Agreement (Commodity Advisors Fund L.P.)

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Admission of Additional Partners. After the Private Placement of the Units of Limited Partnership Interest has been terminated by the General Partner, no additional General Partner will be admitted to the Partnership except as described in Paragraph 17(c). The 17(c).The General Partner may take such actions as may be necessary or appropriate at any time to offer new Units or partial Units of Limited Partnership Interest and to admit new or substituted Limited Partners to the Partnership. All subscribers who have been accepted by the General Partner shall be deemed admitted as Limited Partners at the time they are reflected as such in the books and records of the Partnership.

Appears in 1 contract

Samples: Limited Partnership Agreement (Emerging Cta Portfolio Lp)

Admission of Additional Partners. After the Private Placement of the Units of Limited Partnership Interest has been terminated by the General Partner, no additional General Partner Partners will be admitted to the Partnership except as described in Paragraph 17(c). The General Partner may take such actions as may be necessary or appropriate at any time to offer new Units or partial Units of Limited Partnership Interest and to admit new or substituted Limited Partners to the Partnership. All subscribers who have been Any new Limited Partners accepted by the General Partner shall be deemed admitted as Limited Partners at the time they are reflected as such in on the books and records of the Partnership.

Appears in 1 contract

Samples: Limited Partnership Agreement (Westport Futures Fund L.P.)

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