Common use of Assignment by General Partner Clause in Contracts

Assignment by General Partner. The interest of the General Partner in the Partnership shall not be assigned, mortgaged, pledged, subjected to a security interest or otherwise encumbered, in whole or in part, without the prior written consent of the Limited Partners in their sole and absolute discretion.

Assignment by General Partner. The interest of the General Partner in the Partnership shall not be assigned, mortgaged, pledged, subjected to a security interest or otherwise encumbered, in whole or in part, without the prior written consent of the Limited Partners Partner in their its sole and absolute discretion.

Assignment by General Partner. The Except as provided in Section 9.7, the interest of the General Partner in the Partnership shall not be assigned, mortgaged, pledged, subjected to a security interest or otherwise encumbered, in whole or in part, without the prior written consent of the Limited Partners Partner in their its sole and absolute discretion.

Assignment by General Partner. The interest of the General Partner in the Partnership shall not be assigned, mortgaged, pledged, subjected to a security interest assigned or otherwise encumberedtransferred, in whole or in part, without the prior written consent of the Limited Partners Partner in their its sole and absolute discretion. The General Partner shall be permitted to mortgage or pledge its interest in the Partnership as security for third party indebtedness of the General Partner, provided that the outstanding principal amount of such indebtedness at any time shall not exceed $5,000,000.