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

Assignment or Transfer of Partnership Interests. 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: Txi Transportation Co

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Assignment or Transfer of Partnership Interests. No 7.2.1 Except as provided in Section 7.2.2, 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 ’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: Agreement (American Materials Transport, Inc.)

Assignment or Transfer of Partnership Interests. No 7.2.1 Except as provided in Section 7.2.2, 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: Txi Transportation Co

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Assignment or Transfer of Partnership Interests. No 7.2.1 Except as provided in Section 7.2.2 and 7.2.3, 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: Agreement (Txi Transportation Co)

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