Common use of PARTNER INTERESTS Clause in Contracts

PARTNER INTERESTS. 4.1 The General Partner shall own and hold one percent (1%) of the entire interest in and to the Partnership. 4.2 The Limited Partner shall own and hold ninety-nine percent (99%) of the entire interest in and to the Partnership.

Appears in 10 contracts

Samples: Limited Partnership Agreement (National Credit & Guaranty CORP), Limited Partnership Agreement (National Credit & Guaranty CORP), Limited Partnership Agreement (National Credit & Guaranty CORP)

AutoNDA by SimpleDocs

PARTNER INTERESTS. 4.1 The General Partner shall own and hold one percent (1%) of the entire interest in and to the Partnership. 4.2 The Limited Partner Partners shall own and hold ninety-nine percent (99%) of the entire interest in and to the Partnership.

Appears in 1 contract

Samples: Limited Partnership Agreement (National Credit & Guaranty CORP)

AutoNDA by SimpleDocs

PARTNER INTERESTS. 4.1 The General Partner shall own and hold one percent (1%) of the entire interest in and to the Partnership. 4.2 The Limited Partner shall own and hold ninety-nine percent (99%) of the entire interest in and to the Partnership.

Appears in 1 contract

Samples: Limited Partnership Agreement (National Credit & Guaranty CORP)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!