Common use of General Partner as Limited Partner Clause in Contracts

General Partner as Limited Partner. The General Partner may be a Limited Partner to the extent that it (a) contributes capital under Section 6.3, or (b) purchases or otherwise acquires or becomes the transferee of all or any part of a Limited Partnership Interest. The General Partner's Capital Contribution pursuant to Section 6.1 shall be made solely in its capacity as general partner and shall not entitle the General Partner to any rights as a Limited Partner.

General Partner as Limited Partner. The General Partner may be a Limited Partner to the extent that it (a) contributes capital under Section 6.3, or (b) purchases or otherwise acquires or becomes the transferee of all or any part of a Limited Partnership Interest. The General Partner's Capital Contribution pursuant , or any affiliate of the General Partner, may at any time invest in or acquire Interests in the Partnership. With respect to Section 6.1 shall be made solely in Interests so acquired, the General Partner, or its capacity affiliates, will acquire the same rights and obligations as general partner and shall not entitle other Limited Partners, however Interests owned by the General Partner will not be voted on removal of the General Partner, the election of a new General Partner, or any amendments to any rights as a the Limited Partnership Agreement which would adversely affect the General Partner.

General Partner as Limited Partner. The General Partner may shall also be a Limited Partner to the extent that it (a) contributes capital under Section 6.3, the General Partner purchases Units of Limited Partnership Interest or (b) purchases or otherwise acquires or becomes the a transferee of all or any part of the Units held by a Limited Partnership Interest. The General Partner's Capital Contribution pursuant , and to Section 6.1 such extent shall be made solely treated in its capacity as general partner and shall not entitle the General Partner to any rights all respects as a Limited PartnerPartner and the consent of the Limited Partners to such transfer to a General Partner shall not be required.

General Partner as Limited Partner. The General Partner may or any of its Affiliates also shall be a Limited Partner to the extent that it (a) contributes capital under Section 6.3, or (b) purchases or otherwise acquires or becomes the transferee of all or any part of a Limited Partnership Interest. The General Partner's Capital Contribution , pursuant to Section 6.1 shall be made solely Article III or otherwise, acquires an interest in its capacity as general partner and shall not entitle the General Partner to any rights Fund as a Limited Partner. In such event, the General Partner shall have only one Capital Account for purposes of Section 8.9 (dealing with certain “Regulatory Allocations”) and the liquidating distribution provisions of Article XI, although separate Capital Accounts shall be maintained for the General Partner for each class of interest that it holds for all other purposes under this Agreement.