Common use of Agreements with Transferees Clause in Contracts

Agreements with Transferees. In the event that any Partner (in this Section 5.4 called the “Transferor”), pursuant to the terms and conditions hereof, purports to transfer all, but not less than all, of its interest or share in the Partnership to any Person (such Person in this Section 5.4 called the “Transferee”), then no such transfer shall be made or shall be effective until the Transferee enters into an agreement with the other Partner hereto whereby the Transferee agrees to assume and be bound by all of the obligations of the Transferor and to be subject to all of the terms and conditions of this Agreement.

Agreements with Transferees. In the event that any Partner (in this Section 5.4 called the “Transferor”), pursuant to the terms and conditions hereof, purports to transfer all, but not less than all, of its interest or share in the Partnership partnership to any Person person (such Person person in this Section 5.4 called the “Transferee”), then no such transfer shall be made or shall be effective until the Transferee transferee enters into an agreement with the other Partner hereto whereby the Transferee transferee agrees to assume and be bound by all of the obligations of the Transferor transferor and to be subject to all of the terms and conditions of this Agreementagreement.

Agreements with Transferees. In the event that any Partner (in this Section 5.4 hereinafter called the “Transferor”), pursuant to the terms and conditions hereof, purports to transfer all, but not less than all, of its interest or share in the Partnership to any Person (such Person in this Section 5.4 hereinafter called the “Transferee”), then no such transfer shall be made or shall be effective until the Transferee enters into an agreement with the other Partner hereto whereby the Transferee agrees to assume and be bound by all of the obligations of the Transferor and to be subject to all of the terms and conditions of this Agreement.

Agreements with Transferees. In the event that any Partner (in this Section 5.4 6.4 called the “Transferor”), pursuant to the terms and conditions hereof, purports to transfer all, but not less than all, of its interest or share in the Partnership to any Person (such Person in this Section 5.4 6.4 called the “Transferee”), then no such transfer shall be made or shall be effective until the Transferee enters into an agreement with the other Partner hereto whereby the Transferee agrees to assume and be bound by all of the obligations of the Transferor and to be subject to all of the terms and conditions of this Agreement.