Common use of Assignment or Transfer of Partnership Interests Clause in Contracts

Assignment or Transfer of Partnership Interests. Without the written consent of all Partners, no Partner shall sell, assign, pledge, mortgage, or otherwise dispose of or Transfer, in whole or in part, its Partnership interest or its share of the Partnership's capital, assets or property or enter into any agreement, the result of which would be for another Person to become directly or indirectly interested in the Partnership.

Appears in 2 contracts

Samples: Limited Partnership Agreement (Us Concrete Inc), Limited Partnership Agreement (Us Concrete Inc)

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Assignment or Transfer of Partnership Interests. Without the written consent of all Partners, no No Partner shall sell, assign, pledge, mortgage, or otherwise dispose of or Transfer, in whole or in part, its Partnership interest or its share of the Partnership's capital, assets or property or enter into any agreement, the result of which would be for another Person to become directly or indirectly interested in the Partnership.

Appears in 1 contract

Samples: Limited Partnership Agreement (Txi Transportation Co)

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