Exchange Privilege. A Limited Partner (or any assignee thereof) may redeem his Units effective as of a Redemption Date (subject to the terms and restrictions described herein and in the Memorandum) and authorize the General Partner to use some or all the net proceeds of such Redemption to purchase the interests of one or more of certain other related managed futures funds managed by the General Partner, as described in the Memorandum. The General Partner, on behalf of the Partnership and each Partner, is authorized to execute, file, record, and publish any amendments to this Agreement and such other documents of the Partnership as shall be necessary to reflect any exchange pursuant to this Section 9(c) (an “Exchange”).
Appears in 14 contracts
Samples: Limited Partnership Agreement, Limited Partnership Agreement (Managed Futures Premier Macro L.P.), Limited Partnership Agreement (Managed Futures Premier BHM L.P.)
Exchange Privilege. A Limited Partner (or any assignee thereof) may redeem his Units effective as of a Redemption Date (subject to the terms and restrictions described herein and in the Memorandum) and authorize the General Partner to use some or all the net proceeds of such Redemption to purchase the interests Units of one or more limited partnership interest of certain other related managed futures funds managed by the General Partner, another Managed Futures Series Partnership (as described defined in the Memorandum). The General Partner, on behalf of the Partnership and each Partner, is authorized to execute, file, record, and publish any such amendments to this Agreement and such other documents of the Partnership as shall be necessary to reflect any exchange Partnership Exchange pursuant to this Section 9(c) (an “Exchange”).
Appears in 6 contracts
Samples: Limited Partnership Agreement (Morgan Stanley Managed Futures LV, L.P.), Limited Partnership Agreement (Morgan Stanley Managed Futures HV, L.P.), Limited Partnership Agreement (Morgan Stanley Managed Futures MV, L.P.)
Exchange Privilege. A Limited Partner (or any assignee thereof) may redeem his Units effective as of a Redemption Date (subject to the terms and restrictions described herein and in the Memorandum) and authorize the General Partner to use some or all the net proceeds of such Redemption to purchase the interests of one or more of certain other related managed futures funds managed by the General Partner, as described in the Memorandum. The General Partner, on behalf of the Partnership and each Partner, is authorized to execute, file, record, and publish any amendments to this Agreement and such other documents of the Partnership as shall be necessary to reflect any exchange pursuant to this Section 9(c10(c) (an “Exchange”).
Appears in 5 contracts
Samples: Limited Partnership Agreement (Ceres Classic L.P.), Limited Partnership Agreement (Managed Futures Premier Graham L.P.), Limited Partnership Agreement (Managed Futures Premier Graham L.P.)
Exchange Privilege. A Limited Partner (or any assignee thereof) may redeem his Units effective as of a Redemption Date (subject to the terms and restrictions described herein and in the Memorandum) and authorize the General Partner to use some or all of the net proceeds of such Redemption to purchase the interests of one or more of certain other related managed futures funds managed by the General Partner, as described in the Memorandum. The General Partner, on behalf of the Partnership and each Partner, is authorized to execute, file, record, and publish any such amendments to this Agreement and such other documents of the Partnership as shall be necessary to reflect any exchange pursuant to this Section 9(c10(c) (an “Exchange”).
Appears in 1 contract
Samples: Limited Partnership Agreement (Ceres Tactical Currency L.P.)
