Invalid Assignment. Any purported assignment of an Interest of the Limited Partner or the Special Limited Partner otherwise than in accordance with Section 12.1 or Section 12.6 shall be of no effect as between the Partnership and the purported assignee and shall be disregarded by the General Partner in making allocations and Distributions hereunder.
Invalid Assignment. 49 12.4 Assignee's Rights to Allocations and Distributions .............................. 49 12.5 Substitution of Assignee as Limited Partner or Special Limited Partner...................... 49 12.6 Death, Bankruptcy, Incompetency, etc. of a Limited Partner ................................... 50 XIII. WITHDRAWAL, REMOVAL AND REPLACEMENT OF GENERAL PARTNER .................................................... 50
Invalid Assignment. 43 Section 12.4 Assignee's Rights to Allocations and Distributions...
Invalid Assignment. 51 Section 12.4 Assignee's Rights to Allocations and Distributions............51 Section 12.5 Substitution of Assignee as Limited Partner or Special Limited Partner.......................................................51 Section 12.6 Death, Bankruptcy, Incompetency, etc., of a Limited Partner...52 Article XIII. WITHDRAWAL, REMOVAL AND REPLACEMENT OF GENERAL PARTNER..........52 Section 13.1 Withdrawal of General Partner.................................52 Section 13.2 Removal of General Partner....................................52 Section 13.3 Effects of a Withdrawal.......................................54 Section 13.4 Successor General Partner.....................................56
Invalid Assignment. Any purported assignment of an interest of a Member otherwise than in accordance with Section 12.3 or Section 12.8 shall be of no effect as between the Company and the purported assignee and shall be disregarded by the Managing Member in making allocations and Distributions hereunder.
Invalid Assignment. 53 Section 12.4 Assignee's Rights to Allocations and Distributions.....................................53 Section 12.5 Substitution of Assignee as Limited Partner, Georgia Limited Partner or Special Limited Partner.....
Invalid Assignment. Any purported assignment of an Interest of the Limited Partner, the Georgia Limited Partner, or the Special Limited Partner otherwise than in accordance with Section 12.1 or Section 12.6 shall be of no effect as between the Partnership and the purported assignee and shall be disregarded by the General Partner in making allocations and Distributions hereunder.
Invalid Assignment. The foregoing provisions of this Article VII to the contrary notwithstanding, any assignment or transfer of a Partner's interest in the Partnership to a person below twenty-one years of age, to a person who has been adjudged incompetent or insane or to a person or organization prohibited by law from holding such interest shall be void and shall not bind the Partnership.
Invalid Assignment. Assignee's Rights to Allocations and Distributions .......................................43 12.7 Substitution of Assignee as Investor Member................
Invalid Assignment. The occupancy by any party other than Tenant or the acceptance by Landlord of the payment of Rent following any Assignment or other transfer prohibited by this Section 16 shall not be deemed to be a consent by Landlord to any such Assignment or other transfer nor shall the same be deemed to be a waiver of any right or remedy of Landlord hereunder nor shall the same be deemed a release of Tenant from the further performance by Tenant of the covenants on the part of Tenant contained in this Lease.
