Common use of Invalid Assignment Clause in Contracts

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

Appears in 1 contract

Samples: Limited Partnership Agreement (WNC Housing Tax Credit Fund Vi Lp Series 12)

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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 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..........................56 Section 13.5 Admission of Additional or Successor General Partner............................................56 Section 13.6 Transfer of Interest...............................57 Section 13.7 No Goodwill Value..................................57 ARTICLE XIV. BOOKS AND ACCOUNTS, REPORTS, TAX RETURNS, FISCAL YEAR AND BANKING..............................................................57

Appears in 1 contract

Samples: Limited Partnership Agreement (WNC Housing Tax Credit Fund VI, L.P., Series 13)

Invalid Assignment. 51 48 Section 12.4 Assignee's Rights to Allocations and Distributions............51 Distributions.48 Section 12.5 Substitution of Assignee as Limited Partner or Special Limited Partner.......................................................51 ............................48 Section 12.6 Death, Bankruptcy, Incompetency, etc., of a Limited Partner...52 ....................................48 Article XIII. WITHDRAWAL, REMOVAL AND REPLACEMENT OF GENERAL PARTNER..........52 49 Section 13.1 Withdrawal of General Partner.................................52 ......................49 Section 13.2 Removal of General Partner....................................52 .........................49 Section 13.3 Effects of a Withdrawal.......................................54 ............................51 Section 13.4 Successor General Partner.....................................56..........................53 Section 13.5 Admission of Additional or Successor General Partner............................................53 Section 13.6 Transfer of Interest...............................53 Section 13.7 No Goodwill Value..................................54

Appears in 1 contract

Samples: Limited Partnership Agreement (WNC Housing Tax Credit Fund Vi Lp Series 10)

Invalid Assignment. 51 Section 12.4 Assignee's Rights to Allocations and Distributions............51 Section ..........44 12.5 Substitution of Assignee as Limited Partner or Special Limited Partner.......................................................51 Section ..................................44 12.6 Death, Bankruptcy, Incompetency, etc., . of a Limited Partner...52 Article ........................................44 XIII. WITHDRAWAL, REMOVAL AND REPLACEMENT OF GENERAL PARTNER..........52 Section ..............................................................45 13.1 Withdrawal of General Partner.................................52 Section ...............................45 13.2 Removal of General Partner....................................52 Section ..................................45 13.3 Effects of a Withdrawal.......................................54 Section .....................................46 13.4 Successor General Partner.....................................56...................................48 13.5 Admission of Additional or Successor General Partner........48

Appears in 1 contract

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

Invalid Assignment. 51 Section 12.4 Assignee's Rights to Allocations and Distributions............51 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 ............................55 Section 13.4 Successor General Partner.....................................56..........................56 Section 13.5 Admission of Additional or Successor General Partner............................................57 Section 13.6 Transfer of Interest...............................57 Section 13.7 No Goodwill Value..................................57

Appears in 1 contract

Samples: Limited Partnership Agreement (WNC Housing Tax Credit Fund Vi Lp Series 11)

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Invalid Assignment. 51 50 Section 12.4 Assignee's Rights to Allocations and Distributions............51 Distributions.50 Section 12.5 Substitution of Assignee as Limited Partner or Special Limited Partner.......................................................51 ............................50 Section 12.6 Death, Bankruptcy, Incompetency, etc., of a Limited Partner...52 Article ....................................50 ARTICLE XIII. WITHDRAWAL, REMOVAL AND REPLACEMENT OF GENERAL PARTNER..........52 51 Section 13.1 Withdrawal of General Partner.................................52 ......................51 Section 13.2 Removal of General Partner....................................52 .........................51 Section 13.3 Effects of a Withdrawal.......................................54 ............................53 Section 13.4 Successor General Partner...............................................................55 Section 13.5 Admission of Additional or Successor General Partner............................................55 Section 13.6 Transfer of Interest...............................55 Section 13.7 No Goodwill Value..................................56

Appears in 1 contract

Samples: Limited Partnership Agreement (WNC Housing Tax Credit Fund VI, L.P., Series 13)

Invalid Assignment. 51 52 Section 12.4 Assignee's Rights to Allocations and Distributions............51 Distributions.52 Section 12.5 Substitution of Assignee as Limited Partner or Special Limited Partner.......................................................51 ............................52 Section 12.6 Death, Bankruptcy, Incompetency, etc., of a Limited Partner...............................................52 Article XIII. WITHDRAWAL, REMOVAL AND REPLACEMENT OF GENERAL PARTNER..........52 53 Section 13.1 Withdrawal of General Partner.................................52 ......................53 Section 13.2 Removal of General Partner....................................52 .........................53 Section 13.3 Effects of a Withdrawal.......................................54 ............................55 Section 13.4 Successor General Partner.....................................56..........................57 Section 13.5 Admission of Additional or Successor General Partner............................................57 Section 13.6 Transfer of Interest...............................58 Section 13.7 No Goodwill Value..................................58

Appears in 1 contract

Samples: Limited Partnership Agreement (WNC Housing Tax Credit Fund Vi Lp Series 12)

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