Common use of Classes Clause in Contracts

Classes. Any Person may own one or more classes of Interests. Except as otherwise specifically provided herein, the ownership of any class of Interests shall not affect the rights or obligations of a Partner with respect to any other class of Interests. As used in this Agreement, the General Partner and the Limited Partners shall be deemed to be separate Partners even if any Partner holds more than one class of Interest. References to a certain class of Interest with respect to any Partner shall refer solely to that class of Interest of such Partner and not to any other class of Interest, if any, held by such Partner.

Appears in 9 contracts

Samples: Partnership Agreement, Partnership Agreement, Partnership Agreement (BGC Partners, Inc.)

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Classes. Any Person may own one or more classes of Interests. Except as otherwise specifically provided herein, the ownership of any class of Interests shall not affect the rights or obligations of a Partner with respect to any other class of Interests. As used in this Agreement, the General Partner and the Limited Partners (including the Special Voting Limited Partner) shall be deemed to be separate Partners even if any Partner holds more than one class of Interest. References to a certain class of Interest with respect to any Partner shall refer solely to that class of Interest of such Partner and not to any other class of Interest, if any, held by such Partner.

Appears in 6 contracts

Samples: Limited Partnership Agreement (BGC Partners, Inc.), Limited Partnership Agreement (BGC Partners, Inc.), Partnership Agreement (Newmark Group, Inc.)

Classes. Any Person may own one or more classes of Interests. Except as otherwise specifically provided herein, the ownership of any class other classes of Interests shall not affect the rights or obligations of a Partner with respect to any other class classes of Interests. As used in this Agreement, the General Partner and the Limited Partners (including the Special Voting Limited Partner) shall be deemed to be separate Partners even if any Partner holds more than one class of Interest. References to a certain class of Interest with respect to any Partner shall refer solely to that class of Interest of such Partner and not to any other class of Interest, if any, held by such Partner.

Appears in 6 contracts

Samples: Limited Partnership Agreement (BGC Partners, Inc.), Limited Partnership Agreement (Espeed Inc), Limited Partnership Agreement (Espeed Inc)

Classes. Any Person may own one or more classes of Interests. Except as otherwise specifically provided herein, the ownership of any class of Interests shall not affect the rights or obligations of a Partner with respect to any other class of Interests. As used in this Agreement, the General Partner and the Limited Partners (including the Exchangeable Preferred Limited Partner and the Special Voting Limited Partner) shall be deemed to be separate Partners even if any Partner holds more than one class of Interest. References to a certain class of Interest with respect to any Partner shall refer solely to that class of Interest of such Partner and not to any other class of Interest, if any, held by such Partner.

Appears in 4 contracts

Samples: Parent Agreement, Parent Agreement (BGC Partners, Inc.), Parent Agreement (Newmark Group, Inc.)

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Classes. Any Person may own one or more classes of Interests. Except as otherwise specifically provided herein, the ownership of any class of Interests shall not affect the rights or obligations of a Partner with respect to any other class of Interests. As used in this Agreement, the General Partner and the Limited Partners (including the Exchangeable Preferred Limited Partners and the Special Voting Limited Partner) shall be deemed to be separate Partners even if any Partner holds more than one class of Interest. References to a certain class of Interest with respect to any Partner shall refer solely to that class of Interest of such Partner and not to any other class of Interest, if any, held by such Partner.

Appears in 2 contracts

Samples: Parent Agreement (BGC Partners, Inc.), Partnership Agreement (Newmark Group, Inc.)

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