Common use of Regular Limited Partners Clause in Contracts

Regular Limited Partners. (i) The initial Special Voting Limited Partner is Xxxxxxx XX, LLC, and the other initial Regular Limited Partners are set forth on Schedule 4.02. On the date of this Agreement, immediately following the Holdings Partnership Division, the Regular Limited Partners shall hold the Regular Limited Partnership Interests (including, for the avoidance of doubt, the Special Voting Limited Partnership Interest), which shall have the Units (including those designated as Exchangeable Limited Partner Units), the Non-Participating Units (in the case of the Special Voting Limited Partner) and the Capital set forth on Schedule 4.02 and Schedule 5.01, respectively. Upon the Transfer of such Regular Limited Partnership Interests to the Regular Limited Partners in the Holdings Partnership Division, the Regular Limited Partners are hereby deemed automatically admitted as Limited Partners with respect to such Interests and bound by this Agreement.

Appears in 4 contracts

Samples: www.sec.gov, Newmark Group, Inc., BGC Partners, Inc.

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Regular Limited Partners. (i) The initial Special Voting Limited Partner is Xxxxxxx XX, LLC, and the other initial Regular Limited Partners are set forth on Schedule 4.02. On the date of this Agreement, immediately following the Holdings Partnership DivisionSeparation, the Regular Limited Partners shall hold the Regular Limited Partnership Interests (including, for the avoidance of doubt, the Special Voting Limited Partnership Interest), which shall have the Units (including those designated as Exchangeable Limited Partner Units), the Non-Participating Units (in the case of the Special Voting Limited Partner) and the Capital set forth on Schedule 4.02 and Schedule 5.01, respectively. Upon the Transfer of such Regular Limited Partnership Interests to the Regular Limited Partners in the Holdings Partnership DivisionSeparation, the Regular Limited Partners are hereby deemed automatically admitted as Limited Partners with respect to such Interests and bound by this Agreement.

Appears in 1 contract

Samples: Newmark Group, Inc.

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