Common use of No Withdrawal Rights Clause in Contracts

No Withdrawal Rights. No Partner shall have the right to withdraw its capital and profits from the Partnership, or to demand and receive any Partnership property in exchange for such Partner’s interest in the Partnership, except to the extent expressly set forth in this Agreement.

Appears in 2 contracts

Samples: Limited Partnership Agreement (Plymouth Opportunity REIT Inc.), Limited Partnership Agreement (Plymouth Opportunity REIT Inc.)

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No Withdrawal Rights. No Except as otherwise specifically provided in this Agreement, no Partner shall may withdraw from the Partnership or have the right to withdraw its capital and profits from require dissolution or winding up of the Partnership, ’s affairs or to demand and receive any Partnership property in exchange for such Partner’s interest in the distribution of the Partnership’s assets, except to without the extent expressly set forth in this Agreementprior written consent of the other Partners.

Appears in 1 contract

Samples: Limited Partnership Agreement

No Withdrawal Rights. No Partner shall have the right to withdraw from the Partnership, to withdraw its capital and profits from the Partnership, or to demand and receive any Partnership property in exchange for such Partner’s its interest in the Partnership, except to unless approved in advance by the extent expressly set forth General Partner in this Agreementwriting, which approval may be granted or withheld in the General Partner’s sole discretion for any reason or for no reason.

Appears in 1 contract

Samples: Limited Partnership Agreement

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No Withdrawal Rights. No Partner shall have the right to withdraw its capital and profits from the Partnership, or to demand and receive any Partnership property in exchange for such Partner’s interest in the Partnership, except to the extent expressly explicitly set forth in this Agreement.

Appears in 1 contract

Samples: Limited Partnership Agreement

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