Common use of Purchase or Sale of Units Clause in Contracts

Purchase or Sale of Units. The General Partner may, on behalf of and for the account of the Partnership, purchase or otherwise acquire Units and, following any such purchase or acquisition, may sell or otherwise dispose of any such Units in accordance with applicable law.

Appears in 6 contracts

Samples: Limited Partnership Agreement (Environtech Inc.), Limited Partnership Agreement (Environtech Inc.), Limited Partnership Agreement (Environtech Inc.)

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Purchase or Sale of Units. The General Partner may, on behalf of and for the account of the Partnership, purchase or otherwise acquire Units and, following any such purchase or acquisition, may sell or otherwise dispose of any such Units in accordance with applicable law. In addition to the foregoing, the General Partner and its Affiliates from time to time also may purchase or otherwise acquire Units for their own account and may, subject to the provisions of Section 13.03 hereof, sell or otherwise dispose of such Units.

Appears in 1 contract

Samples: Limited Partnership Agreement (Oppenheimer Capital L P /De/)

Purchase or Sale of Units. The General Partner may, on behalf of and for the account of the Partnership, purchase or otherwise acquire Units or Depositary Units and, following any such purchase or acquisition, may sell or otherwise dispose of any such Units in accordance with applicable lawand Depositary Units. So long as such Units or Depositary Units shall be held by or on behalf of the Partnership, such Units or Depositary Units shall not be considered outstanding for any purpose.

Appears in 1 contract

Samples: Agreement of Limited Partnership (Airlease LTD)

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Purchase or Sale of Units. The General Partner may, on behalf of and for the account of the Partnership, purchase or otherwise acquire Units and, following any such purchase or acquisition, may sell or otherwise dispose of any such Units in accordance with applicable law. In addition to the foregoing, the General Partner and its Affiliates from time to time also may purchase or otherwise acquire Units for their own account and may, subject to the provisions of Section 13.03, sell or otherwise dispose of such Units.

Appears in 1 contract

Samples: Limited Partnership Agreement (Heartland Partners L P)

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