Common use of Admission of Additional Partners Clause in Contracts

Admission of Additional Partners. (a) New or substitute General or Limited Partners may freely be admitted to the Partnership by the General Partner, in its sole and absolute discretion, as a result of Transfer of Partnership Interests permitted hereunder or the issuance of additional Partnership Interests permitted hereunder. Each new Partner shall be admitted pursuant to this Section 15. The Partnership Interest of any such new Partner shall be fixed in accordance with Section 7(d) above, with an appropriate adjustment in the Partnership Interest of the existing Partners. Each new or substitute Partner shall sign a supplement to this Agreement at the time such new Partner is admitted confirming the admission of the new Partner as a Partner hereunder.

Admission of Additional Partners. (a) New or substitute General or Limited Partners may freely be admitted to the Partnership by the General Partner, in its sole and absolute discretion, as a result of Transfer of Partnership Interests permitted hereunder or the issuance of additional Partnership Interests permitted hereunder. Each new Partner shall be admitted pursuant to this Section 1514. The Partnership Interest of any such new Partner shall be fixed in accordance with Section 7(d7(e) above, with an appropriate adjustment in the Partnership Interest of the existing Partners. Each new or substitute Partner shall sign a supplement to this Agreement at the time such new Partner is admitted confirming the admission of the new Partner as a Partner hereunder.

Admission of Additional Partners. (a) New or substitute General or Limited Partners may freely be admitted to the Partnership by the General Partner, in its sole and absolute discretion, as a result of Transfer of Partnership Interests permitted hereunder or the issuance of additional Partnership Interests permitted hereunder. Each new Partner shall be admitted pursuant to this Section 15. The Partnership Interest of any such new Partner shall be fixed in accordance with Section 7(d7(e) above, with an appropriate adjustment in the Partnership Interest of the existing Partners. Each new or substitute Partner shall sign a supplement to this Agreement at the time such new Partner is admitted confirming the admission of the new Partner as a Partner hereunder.

Admission of Additional Partners. (a) New or substitute Substitute General or Limited Partners may freely be admitted to the Partnership by the General Partner, in its sole and absolute discretion, as a result of Transfer of Partnership Interests permitted hereunder or the issuance of additional Partnership Interests permitted hereunder. Each new Partner shall be admitted pursuant to this Section 15. The Partnership Interest of any such new Partner shall be fixed in accordance with Section 7(d) above, with an appropriate adjustment in the Partnership Interest of the existing Partners. Each new or substitute Partner shall sign a supplement to this Agreement at the time such new Partner is admitted confirming the admission of the new Partner as a Partner hereunder.