Common use of Rights of Assignees Clause in Contracts

Rights of Assignees. The Assignee of a Partnership Interest has no right to vote or to participate in the management of the business and affairs of the Partnership or to become a Partner. The Assignee is only entitled to receive distributions and to be allocated the Net Profits and Net Losses attributable to the Partnership Interest transferred to the Assignee.

Rights of Assignees. The Assignee of a Partnership Interest has no right to vote or to vote, participate in the management of the business and affairs of the Partnership Company or to become a Partner. The Assignee is entitled only entitled to receive distributions the Distributions and to be allocated the Net Profits and Net Losses attributable to the Partnership Interest transferred to the AssigneeInterest.

Rights of Assignees. The Assignee of a Partnership Interest has no right to vote or to participate in the management of the business and affairs of the Partnership or to become a Partner. The Assignee is only entitled to receive distributions the Distributions and return of capital, and to be allocated the Net Profits and Net Losses attributable to the Partnership Interest transferred to the AssigneeInterest.

Rights of Assignees. The Assignee of a Partnership Interest has no right to vote or to vote, participate in the management of the business and affairs of the Partnership Company or to become a Partner. The Assignee is entitled only entitled to receive distributions the Distributions and to be allocated the Net Profits and Net Losses attributable to the Partnership Interest transferred assigned to the Assignee.