Common use of Admission of Additional Partners Clause in Contracts

Admission of Additional Partners. Except as provided in Article IX hereof, no additional Partners may be admitted to the Partnership except upon the unanimous consent of the Partners and upon such terms and conditions as the Partners may agree upon.

Appears in 4 contracts

Samples: Joint Venture Agreement, Joint Venture Agreement, Venture Agreement (MaryJane Group, Inc.)

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Admission of Additional Partners. Except as provided in Article IX hereofthis Agreement, no additional Partners new partners may be admitted to the Partnership except upon without the unanimous consent Consent of all of the Partners and upon Partners. The admission of additional partners is further subject to the condition that each such additional partner execute this Agreement or an appropriate supplement hereto pursuant to which he agrees to be bound by the terms and conditions as provisions hereof. The admission of an additional partner pursuant hereto shall not be cause for dissolution of the Partners may agree uponPartnership.

Appears in 2 contracts

Samples: Paine Webber Group Inc, Paine Webber Group Inc

Admission of Additional Partners. Except as provided in Article IX hereof, no No additional Partners may be admitted to the Partnership except upon the unanimous consent of the Partners and upon such terms and conditions as the Partners to which they may agree uponagree.

Appears in 2 contracts

Samples: Partnership Agreement (R H Donnelley Corp), Dontech Ii Partnership Agreement (R H Donnelley Corp)

Admission of Additional Partners. Except as provided in Article IX -------------------------------- Section 7 hereof, no additional Partners may be admitted to the Partnership except upon the unanimous consent of the Partners and upon such terms and conditions as the Partners they may agree upon.

Appears in 1 contract

Samples: Venture Agreement (P&l Coal Holdings Corp)

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Admission of Additional Partners. Except as provided in Article IX XII hereof, no additional Partners may be admitted to the Partnership JV except upon the unanimous consent of the Partners and upon such terms and conditions as the Partners may agree upon.

Appears in 1 contract

Samples: Joint Venture Purchase Agreement (Rockelle Corp.)

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