Admission of Limited Partners After Receipt of Maximum Contribution Sample Clauses

Admission of Limited Partners After Receipt of Maximum Contribution. After the aggregate Capital Contributions paid into the Partnership by the Additional Limited Partners equal the Maximum Contribution, a Person who acquires a Partnership Interest directly from the Partnership shall be admitted to the Partnership as a Limited Partner only with the prior written consent of a Majority Interest and upon the Partnership’s receipt of such Person’s Capital Contribution. Each such Limited Partner shall execute a counterpart of this Agreement and thereby agree to be bound by the terms hereof as a Limited Partner.
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Related to Admission of Limited Partners After Receipt of Maximum Contribution

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