Restructuring of the General Partner’s Investment. Without obtaining the consent of the Limited Partners, the General Partner may restructure its capital and profits interest in the Partnership if such restructuring (i) is in the best interest of the General Partner and (ii) has no adverse effect on the other Partners.
Appears in 3 contracts
Samples: Limited Partnership Agreement (Jamestown Invest 1, LLC), Limited Partnership Agreement (Jamestown Atlanta Invest 1, LLC), Limited Partnership Agreement (Jamestown Atlanta Invest 1, LLC)
Restructuring of the General Partner’s Investment. Without obtaining the consent of the Limited Partners, the General Special Limited Partner may restructure its capital and profits interest in the Partnership if such restructuring (i) is in the best interest of the General Special Limited Partner and (ii) has no adverse effect on the other Partners.
Appears in 1 contract
Samples: Limited Partnership Agreement (Jamestown Invest 1, LLC)