Common use of Involuntary Transfers of Limited Partner Interests Clause in Contracts

Involuntary Transfers of Limited Partner Interests. If any Limited Partner’s Partnership interest is sought to be transferred by any involuntary means (other than death or adjudication of incompetency or insanity), including, but not limited to, attachment, garnishment, execution, bankruptcy, insolvency, levy or seizure, then such Limited Partner shall deliver written notice of such action to the General Partners and such Limited Partner’s Partnership interest will then be subject to being purchased as follows.

Appears in 12 contracts

Samples: And Restated Agreement (Teebank Family LTD Partnership), Trager Trust of 2012, Trager Steve

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Involuntary Transfers of Limited Partner Interests. If any Limited Partner’s 's Partnership interest is sought to be transferred by any involuntary means (other than death or adjudication of incompetency or insanity), including, but not limited to, attachment, garnishment, execution, bankruptcy, insolvency, levy or seizure, then such Limited Partner shall deliver written notice of such action to the General Partners and such Limited Partner’s 's Partnership interest will then be subject to being purchased as follows.

Appears in 5 contracts

Samples: Agreement (Trager Scott), Agreement (Gilman Sheldon G), Trager Trust of 2012

Involuntary Transfers of Limited Partner Interests. If lf any Limited Partner’s Partnership interest is sought to be transferred by any involuntary means (other than death or adjudication of incompetency or insanity), including, but not limited to, attachment, garnishment, execution, bankruptcy, insolvency, levy or seizure, then such Limited Partner shall deliver written notice of such action to the General Partners and such Limited Partner’s Partnership interest will then be subject to being purchased as follows.. Amended and Restated Agreement of Limited Partnership for Teebank Family Limited Partnership

Appears in 1 contract

Samples: Trager Bernard M

Involuntary Transfers of Limited Partner Interests. If any Limited Partner’s 's Partnership interest is sought to be transferred by any involuntary means (other than death or adjudication of incompetency or insanity), including, but not limited to, attachment, garnishment, execution, bankruptcy, insolvency, levy or seizure, then such Limited Partner shall deliver written notice of such action to the General Partners and such Limited Partner’s 's Partnership interest will then be subject to being purchased as follows.. Amended and Restated Agreement of

Appears in 1 contract

Samples: Gilman Sheldon G

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Involuntary Transfers of Limited Partner Interests. If lf any Limited Partner’s Partnership interest is sought to be transferred by any involuntary means (other than death or adjudication of incompetency or insanity), including, but not limited to, attachment, garnishment, execution, bankruptcy, insolvency, levy or seizure, then such Limited Partner shall deliver written notice of such action to the General Partners and such Limited Partner’s Partnership interest will then be subject to being purchased as follows.. Amended and Restated Agreement of Limited Partnership for Jaytee Properties

Appears in 1 contract

Samples: Trager Bernard M

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