Common use of Invalid Assignment Clause in Contracts

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.

Appears in 35 contracts

Samples: Limited Partnership Agreement, Limited Partnership Agreement (WNC Housing Tax Credit Fund Vi Lp Series 9), Limited Partnership Agreement (WNC Housing Tax Credit Fund Vi Lp Series 9)

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Invalid Assignment. Any purported assignment of an Interest of the a 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.

Appears in 30 contracts

Samples: Limited Partnership Agreement (WNC Housing Tax Credit Fund Vi Lp Series 7), Limited Partnership Agreement (WNC Housing Tax Credit Fund Vi Lp Series 6), Limited Partnership Agreement (WNC Housing Tax Credit Fund v Lp Series 4)

Invalid Assignment. Any purported assignment of an Interest of the Limited Partner or 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.

Appears in 3 contracts

Samples: Limited Partnership Agreement (WNC Housing Tax Credit Fund Vi Lp Series 10), Amended and Restated Agreement of Limited Partnership (WNC Housing Tax Credit Fund Vi Lp Series 9), Amended and Restated Agreement of Limited Partnership (WNC Housing Tax Credit Fund Vi Lp Series 9)

Invalid Assignment. Any purported assignment of an Interest of the a Limited Partner, Special Limited Partner or the Special Original 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.

Appears in 2 contracts

Samples: Limited Partnership Agreement (WNC Housing Tax Credit Fund Vi Lp Series 6), Limited Partnership Agreement (WNC Housing Tax Credit Fund Vi Lp Series 8)

Invalid Assignment. Any purported assignment of an Interest of the a Limited Partner or the Special Limited Partner SLP Class A 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.

Appears in 1 contract

Samples: Limited Partnership Agreement (WNC Housing Tax Credit Fund Vi Lp Series 6)

Invalid Assignment. Any purported assignment of an Interest of the a Limited Partner, Special Limited Partner or the Special Missouri 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.

Appears in 1 contract

Samples: Limited Partnership Agreement (WNC Housing Tax Credit Fund Vi Lp Series 6)

Invalid Assignment. Any purported assignment of an Interest interest of the a 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.

Appears in 1 contract

Samples: Limited Partnership Agreement (WNC Housing Tax Credit Fund Vi Lp Series 5)

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Invalid Assignment. Any purported assignment of an Interest of the Limited Partner or the Special a 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.

Appears in 1 contract

Samples: Limited Partnership Agreement (WNC Housing Tax Credit Fund Vi Lp Series 5)

Invalid Assignment. Any purported assignment of an Interest interest of the Limited Partner or the Special a 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.

Appears in 1 contract

Samples: Limited Partnership Agreement (WNC Housing Tax Credit Fund v Lp Series 4)

Invalid Assignment. Any purported assignment of an Interest of the a Limited Partner, Class A Special Limited Partner or the Class B 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.

Appears in 1 contract

Samples: Agreement of Limited Partnership (WNC Housing Tax Credit Fund Vi Lp Series 6)

Invalid Assignment. Any purported assignment of an Interest of the a Limited Partner, Special Limited Partner or the Special Original 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.

Appears in 1 contract

Samples: Limited Partnership Agreement (WNC Housing Tax Credit Fund Vi Lp Series 5)

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