Common use of General Partner as a Limited Partner Clause in Contracts

General Partner as a Limited Partner. If the General Partner holds any Units, it shall be deemed in its capacity as the holder of such Units to be a Limited Partner with the same rights and powers and subject to the same restrictions as each other Limited Partner, with respect to such Units.

Appears in 3 contracts

Samples: Limited Partnership Agreement, Limited Partnership Agreement, Limited Partnership Agreement

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General Partner as a Limited Partner. If the General Partner holds any Units, it shall be deemed in its capacity as the holder of such Units to be a Limited Partner with the same rights and powers and subject to the same restrictions as each other Limited Partner, with respect to such Units.

Appears in 1 contract

Samples: Limited Partnership Agreement (Atlantic Oklahoma Wind, LLC)

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General Partner as a Limited Partner. If the General Partner holds any LP Units, it shall will be deemed in its capacity as entitled to all of the holder rights of such Units to be a Limited Partner with under this Agreement in respect of its contribution as a Limited Partner but otherwise will have the same rights and powers and will be subject to the same restrictions as each other Limited Partner, with respect to such Unitsa general partner.

Appears in 1 contract

Samples: Agreement (Abitibi Consolidated Inc)

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