Common use of General Partner as Limited Partner Clause in Contracts

General Partner as Limited Partner. The General Partner, or any affiliate of the General Partner, may at any time invest in or acquire Interests in the Partnership. With respect to Interests so acquired, the General Partner, or its affiliates, will acquire the same rights and obligations as 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 the Limited Partnership Agreement which would adversely affect the General 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, or any affiliate of the General Partner, may at any time invest 's Capital Contribution pursuant to Section 6.1 shall be made solely in or acquire Interests in the Partnership. With respect to Interests so acquired, the General Partner, or its affiliates, will acquire the same rights capacity as general partner and obligations as other Limited Partners, however Interests owned by shall not entitle the General Partner will not be voted on removal of the General Partner, the election of to any rights as a new General Partner, or any amendments to the Limited Partnership Agreement which would adversely affect the General Partner.