Common use of Restrictions on Transfers of Partnership Interests Clause in Contracts

Restrictions on Transfers of Partnership Interests. No Partner may sell, assign, give, transfer, pledge, or encumber, directly or indirectly, any of its interest in the Partnership, whether now owned or hereafter acquired, without the prior unanimous consent of the Partners.

Restrictions on Transfers of Partnership Interests. No Partner may sell, assign, give, transfer, pledge, or encumber, directly or indirectly, any of its interest in the Partnership, whether now owned or hereafter acquired, without the prior unanimous written consent of the Partners.

Restrictions on Transfers of Partnership Interests. (a) No Partner may sell, assign, give, transfer, pledge, transfer all or encumber, directly or indirectly, any portion of its interest in the PartnershipPartnership interest, whether now owned or hereafter acquiredother than to an Affiliate of such Partner, without the prior unanimous consent of the Partnersother Partner, which consent may be granted or withheld in the sole discretion of the other Partner.

Restrictions on Transfers of Partnership Interests. No Partner may sell, assign, give, transfer, pledge, or encumber, directly or indirectly, any of its interest in the Partnership, whether now owned or hereafter acquired, without the prior unanimous consent of the PartnersGeneral Partner.