Common use of Disposition of Interest in the General Partner Clause in Contracts

Disposition of Interest in the General Partner. The Resource Entities agree that they will not Transfer to any Person their ownership interest in the General Partner unless they simultaneously (i) Transfer to the same Person their ownership interest in the Manager of each of the Investment Programs and (ii) cause their Affiliates having an ownership interest in the General Partner or any Manager of an Investment Program to Transfer such interest to the same Person. The provisions of this Section shall not apply to a Transfer to a wholly- or majority-owned direct or indirect subsidiary or parent of any of the Resource Entities so long as the Resource Entities' or their parent continue to control the relevant general partner.

Disposition of Interest in the General Partner. The Resource Entities agree that they will not Transfer to any Person their ownership interest in the General Partner Manager of any Investment Program unless they simultaneously (i) Transfer to the same Person their ownership interest in the Manager of each of the Investment Programs and in the General Partner and (ii) cause their Affiliates having an ownership interest in the General Partner or any Manager of an Investment Program to Transfer such interest to the same Person. The provisions of this Section shall not apply to a Transfer to a wholly- or majority-owned direct or indirect subsidiary or parent of any of the Resource Entities so long as the Resource Entities' or their parent continue to control the relevant general partner.

Disposition of Interest in the General Partner. The Resource Entities agree that they will not Transfer to any Person their ownership interest in the General Partner unless they simultaneously (i) Transfer to the same Person their ownership interest in the Manager of each of the Investment Programs and (ii) cause their Affiliates having an ownership interest in the General Partner or any Manager of an Investment Program to Transfer such interest to the same Person. The provisions of this Section shall not apply to a Transfer to a wholly- or majority-owned direct or indirect subsidiary or parent of any of the Resource Entities so long as the Resource Entities' ’ or their parent continue to control the relevant general partner.

Disposition of Interest in the General Partner. The Resource Entities agree that they will not Transfer to any Person their ownership interest in the General Partner unless they simultaneously (i) Transfer to the same Person their ownership interest in the Manager of each of the Investment Programs and (ii) cause their Affiliates having an ownership interest in the General Partner or any Manager of an Investment Program to Transfer such interest to the same Person. The provisions of this Section shall not apply to a Transfer to a wholly- or majority-owned direct or indirect subsidiary or parent of any of the Resource Entities so long as the Resource Entities' or their parent continue to control the relevant general partner.