Common use of Bound by Agreement Clause in Contracts

Bound by Agreement. To the extent otherwise applicable to the interest in the Partnership that has been transferred to or is otherwise held by an Assignee, the Assignee shall be subject to, and bound by, all of the terms and provisions of this Agreement that inure to the benefit of the Partnership or any Partner (without regard to whether such Assignee has executed a written instrument of Transfer or assumption described in Section 7.1(b) or 7.7(c)). Without limitation on the preceding sentence, an Assignee that holds an interest in the Partnership shall be responsible for any unsatisfied obligation to return distributions or make other payments to the Partnership or any Partner associated with such interest and shall comply with the provisions of Sections 6.10, 6.11 and 10.13.