Common use of Admission of Substitute Limited Partner Clause in Contracts

Admission of Substitute Limited Partner. Subject to the other provisions of this Article IX, an assignee of the Interest of a Limited Partner (which shall be understood to include any purchaser, transferee, donee, or other recipient of any disposition of such Interest) shall be deemed admitted as a Substitute Limited Partner of the Partnership only upon the satisfactory completion of the following:

Appears in 2 contracts

Samples: Limited Partnership Agreement (WNC Housing Tax Credit Fund Vi Lp Series 5), Limited Partnership Agreement (WNC Housing Tax Credit Fund Vi Lp Series 5)

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Admission of Substitute Limited Partner. Subject to the other provisions of this Article IX9, an assignee of the Limited Partnership Interest of a Limited Partner (which shall be understood to include any purchaser, transferee, donee, or other recipient of any disposition of such Limited Partnership Interest) shall be deemed admitted as a Substitute Limited Partner of the Partnership only upon with the satisfactory completion consent of the following:General Partner.

Appears in 2 contracts

Samples: Limited Partnership Agreement (InPoint Commercial Real Estate Income, Inc.), Limited Partnership Agreement (InPoint Commercial Real Estate Income, Inc.)

Admission of Substitute Limited Partner. (a) Subject to the other provisions of this Article IX9, an assignee of the Limited Partnership Interest of a Limited Partner (which shall be understood to include any purchaser, transferee, donee, or other recipient of any disposition of such Limited Partnership Interest) shall be deemed admitted as a Substitute Limited Partner of the Partnership only upon with the satisfactory completion consent of the following:General Partner.

Appears in 1 contract

Samples: Limited Partnership Agreement (ARC Realty Finance Trust, Inc.)

Admission of Substitute Limited Partner. (a) Subject to the other provisions of this Article IX9, an assignee of the Limited Partnership Interest of a Limited Partner (which shall be understood to include any purchaser, transferee, donee, or other recipient of any disposition of such Limited Partnership Interest) shall be deemed admitted as a Substitute Limited Partner of the Partnership only with the consent of the General Partner and upon the satisfactory completion of the following:: 24006714184-v11 - 40 - 80-41019056

Appears in 1 contract

Samples: Limited Partnership Agreement (Apollo Realty Income Solutions, Inc.)

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Admission of Substitute Limited Partner. Subject to the other provisions of this Article IX9, an assignee of the Limited Partnership Interest of a Limited Partner (which shall be understood to include any purchaser, transferee, donee, or other recipient of any disposition of such Limited Partnership Interest) shall be deemed admitted as a Substitute Limited Partner of the Partnership only with the consent of the General Partner and upon the satisfactory completion of the following:

Appears in 1 contract

Samples: Limited Partnership Agreement (Apollo Realty Income Solutions, Inc.)

Admission of Substitute Limited Partner. Subject to the other provisions of this Article IX, an assignee of the Limited Partnership Interest of a Limited Partner (which shall be understood to include any purchaser, transferee, donee, or other recipient of any disposition of such Limited Partnership Interest) shall be deemed admitted as a Substitute Limited Partner of the Partnership only upon the satisfactory completion of the following:

Appears in 1 contract

Samples: Partnership Interest Purchase and Exchange Agreement (United Dominion Realty Trust Inc)

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