General Partner as Limited Partner. If the General Partner acquires or becomes a transferee of all or a part of the Partnership Interest of a Limited Partner, the General Partner, subject to the provisions of Article X, shall be treated also as a Limited Partner to the extent of such Partnership Interest.
Appears in 3 contracts
Samples: Limited Partnership Agreement (BuyDebtCo, LLC), Limited Partnership Agreement (Advanced BioEnergy, LLC), Limited Partnership Agreement (BuyDebtCo, LLC)
General Partner as Limited Partner. If the General Partner acquires or becomes a transferee of all or a part of the Partnership Interest of a Limited Partner, the General Partner, subject to the provisions of Article X, shall be treated also as a Limited Partner to the extent of such Partnership Interest. If any General Partnership Interests are converted to Limited Partnership Interests pursuant to Section 4.8, the General Partner shall be treated also as a Limited Partner to the extent of such converted Partnership Interests.
Appears in 1 contract
Samples: Limited Partnership Agreement (CorEnergy Infrastructure Trust, Inc.)
