Common use of Restrictions on Transfer of Limited Partner's Interests Clause in Contracts

Restrictions on Transfer of Limited Partner's Interests. (a) Under no circumstances will any offer, sale, transfer, assignment, hypothecation or pledge of any Limited Partner Interest be permitted unless the General Partner, in its sole discretion, shall have Consented.

Appears in 8 contracts

Samples: Boston Capital Tax Credit Fund Iv Lp, Boston Capital Tax Credit Fund Iv Lp, Boston Capital Tax Credit Fund Iv Lp

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Restrictions on Transfer of Limited Partner's Interests. (a) Under no circumstances will any offer, sale, transfer, assignment, hypothecation or pledge of any Limited Partner Interest be permitted unless the General Partner, in its sole discretion, shall have Consented. (b) The Limited Partner whose interest is being transferred shall pay such reasonable expenses as may be incurred by the Partnership in connection with such transfer. 9.03.

Appears in 3 contracts

Samples: Agreement (Boston Capital Tax Credit Fund Iv Lp), Agreement (Boston Capital Tax Credit Fund Iv Lp), Boston Capital Tax Credit Fund Iv Lp

Restrictions on Transfer of Limited Partner's Interests. (a) Under no circumstances will any offer, sale, transfer, assignment, hypothecation or pledge of any Limited Partner Interest be permitted permitted, unless the General Partner, in its sole discretion, shall have Consented.

Appears in 1 contract

Samples: Boston Capital Tax Credit Fund Iv Lp

Restrictions on Transfer of Limited Partner's Interests. (a) Under no circumstances will any offer, sale, transfer, assignment, hypothecation or pledge of any Limited Partner Interest be permitted unless the General Partner, in its sole reasonable discretion, shall have Consented. (b) The Limited Partner whose interest is being transferred shall pay such reasonable expenses as may be incurred by the Partnership in connection with such transfer. 9.03.

Appears in 1 contract

Samples: Boston Capital Tax Credit Fund Iv Lp

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Restrictions on Transfer of Limited Partner's Interests. (a) Under Except as provided in Section 9.4, no circumstances will any Limited Partner shall offer, salesell, transferassign, assignmenthypothecate, hypothecation pledge or pledge otherwise transfer in whole or in part its Partnership Interest without the prior written consent of any Limited Partner Interest be permitted unless the General Partner, which may be given or withheld in its the sole discretion, shall have Consenteddiscretion of the General Partner.

Appears in 1 contract

Samples: Agreement (Sonesta International Hotels Corp)

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