Common use of Multiple Ownership Clause in Contracts

Multiple Ownership. In the event of any Transfer which results in multiple ownership of a Limited Partner’s interest in the Partnership, the General Partner may require that one or more trustees or nominees be designated to represent all or a portion of the interest transferred for the purpose of receiving all notices which may be given and all payments which may be made under this Agreement and for the purpose of exercising all rights of the transferees under this Agreement.

Appears in 4 contracts

Samples: Limited Partnership Agreement (Blockstack Inc.), Limited Partnership Agreement (Blockstack Inc.), Simple Agreement for Future Tokens (Saft) (Blockstack Token LLC)

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Multiple Ownership. In the event of any Transfer which results shall result in multiple ownership of a any Limited Partner’s interest in the Partnership, the General Partner may require that one or more trustees or nominees to be designated to represent all or as representing a portion of or the entire interest transferred for the purpose of receiving all notices which may be given given, and all payments which may be made made, under this Agreement and for the purpose of exercising all rights which the transferor as a Limited Partner has pursuant to the provisions of the transferees under this Agreement.

Appears in 1 contract

Samples: Limited Partnership Agreement

Multiple Ownership. In the event of If any Transfer which results in multiple ownership of a any Limited Partner’s interest in the Partnership, the General Partner may require that one or more trustees or nominees to be designated to represent all or as representing a portion of or the entire interest transferred for the purpose purposes of (a) receiving all notices which may be given given, and all payments which may be made made, under this Agreement and for the purpose of (b) exercising all rights which the transferor as a Limited Partner has pursuant to the provisions of the transferees under this Agreement.

Appears in 1 contract

Samples: Limited Partnership Agreement

Multiple Ownership. In the event of any Transfer which results that shall result in multiple ownership of a any Limited Partner’s interest in the PartnershipFund, the General Partner may require that one or more trustees or nominees to be designated to represent all or as representing a portion of or the entire interest transferred and any remaining interest of the transferring Limited Partner for the purpose of receiving all notices which that may be given given, and all payments which that may be made made, under this Agreement and for the purpose of exercising all rights that the transferor as a Limited Partner had pursuant to the provisions of the transferees under this Agreement.

Appears in 1 contract

Samples: Limited Partnership Agreement (CapitalSouth Partners SBIC Fund III, L.P.)

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Multiple Ownership. In the event of If any Transfer which results in multiple ownership of a any Limited Partner’s interest in the PartnershipUnits, the General Partner may require that one or more trustees or nominees to be designated to represent all or as representing a portion of or the interest entire Units transferred for the purpose purposes of (a) receiving all notices which may be given given, and all payments which may be made made, under this Agreement and for the purpose of (b) exercising all rights which the transferor as a Limited Partner has pursuant to the provisions of the transferees under this Agreement.

Appears in 1 contract

Samples: Limited Partnership Agreement (Healthcare Royalty, Inc.)

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