Common use of Organizational Limited Partner Clause in Contracts

Organizational Limited Partner. Upon the admission to the Partnership of any Limited Partner, the Organizational Limited Partner shall withdraw from the Partnership as the Organizational Limited Partner and shall be entitled to the return of his Capital Contribution, if any, without interest or deduction, and shall cease to be a Limited Partner of the Partnership.

Appears in 34 contracts

Samples: Agreement (Hatteras Core Alternatives TEI Institutional Fund, L.P.), Agreement (Hatteras Core Alternatives TEI Institutional Fund, L.P.), Hatteras Core Alternatives Institutional Fund, L.P.

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Organizational Limited Partner. Upon the admission to the Partnership of any Limited Partner, the Organizational Limited Partner shall withdraw from the Partnership as the Organizational Limited Partner and shall be entitled to the return of his Capital Contribution, if any, without interest or deduction, and shall cease to be a Limited Partner limited partner of the Partnership.

Appears in 5 contracts

Samples: Hatteras Master Fund, L.P., Hatteras Master Fund, L.P., Hatteras Master Fund, L.P.

Organizational Limited Partner. Upon the admission to of other Limited Partners on the Partnership of any Limited PartnerClosing Date, the Organizational Limited Partner shall withdraw from the Partnership as the Organizational Limited Partner and shall be entitled to the return of his Capital Contribution, if any, without interest or deduction, and shall cease to be a Limited Partner of the Partnership.

Appears in 2 contracts

Samples: Limited Partnership Agreement (Levco Zero Coupon Put Fund I Lp), Limited Partnership Agreement (Levco Put Fund I L P)

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Organizational Limited Partner. Upon the admission to the Partnership of any Limited Partner, the Organizational Limited Partner shall withdraw from the Partnership as the Organizational Limited Partner and shall be entitled to the return of his Capital Contribution, if any, without interest or deduction, and shall cease to be a Limited Partner of the Partnership.

Appears in 2 contracts

Samples: Limited Partnership Agreement (Troon Partners Lp), Limited Partnership Agreement (Wynstone Partners Lp)

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