Common use of DEATH, INCAPACITY ETC Clause in Contracts

DEATH, INCAPACITY ETC. Subject to Sections 11.1(a), 11.1(b) and 11.1(c), the estate of a Limited Partner who is a natural person shall have the right to Transfer, upon the death, incompetency, bankruptcy, withdrawal or incapacity of such Limited Partner, his or her interest in the Partnership.

Appears in 4 contracts

Samples: Limited Partnership Agreement (Marsh & McLennan Companies Inc), Limited Partnership Agreement (Marsh & McLennan Companies Inc), Limited Partnership Agreement (Marsh & McLennan Companies Inc)

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DEATH, INCAPACITY ETC. Subject to Sections 11.1(a10.1(a), 11.1(b10.1(b) and 11.1(c10.1(c), the estate or legal representative of a Limited Partner who is a natural person shall have the right to TransferTransfer to a family member or to an estate planning entity, upon the death, incompetencyincapacity, bankruptcy, withdrawal incompetency or incapacity bankruptcy of such Limited Partner, his or her such Limited Partner's interest in the Partnership.

Appears in 1 contract

Samples: Limited Partnership Agreement (Marsh & McLennan Companies Inc)

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