Common use of Rights of Unadmitted Assignees Clause in Contracts

Rights of Unadmitted Assignees. A Person who acquires one or more Interests or any portion of an Interest but who is not admitted as a Substituted Limited Partner pursuant to Section 9.7 hereof shall be entitled only to allocations and distributions with respect to such Interest in accordance with this Agreement, but shall have no right to any information or accounting of the affairs of the Partnership, shall not be entitled to inspect the books or records of the Partnership, and shall not have any of the rights of a General Partner or of a Limited Partner under the Act or the Agreement.

Appears in 2 contracts

Samples: Limited Partnership Agreement (Cardinal-UniMark Investors, L.P.), Agreement of Limited Partnership (Cardinal-UniMark Investors, L.P.)

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Rights of Unadmitted Assignees. A Person who acquires one or more Interests or any portion of an Interest but who is not admitted as a Substituted Limited Partner pursuant to Section 9.7 hereof shall be entitled only to allocations and distributions with respect to such Interest Interests in accordance with this Agreement, but shall have no right to any information or accounting of the affairs of the Partnership, shall not be entitled to inspect the books or records of the Partnership, and shall not have any of the rights of a General Partner or of a Limited Partner under the Act or the this Agreement.

Appears in 2 contracts

Samples: Agreement of Limited Partnership (OHI Asset (CT) Lender, LLC), Limited Partnership Agreement (OHI Asset (CT) Lender, LLC)

Rights of Unadmitted Assignees. A Person person who acquires one or more Interests or any portion of an Interest but who is not admitted as a Substituted Limited substituted Partner pursuant to Section 9.7 10.6 and Section 11.2(b) hereof shall be entitled only to allocations and distributions with respect to such Interest Interests in accordance with this Agreement, but shall have no right to any information or accounting of the affairs of the Partnership, shall not be entitled to inspect the books or records of the Partnership, and shall not have any of the rights of a General Partner or of a Limited Partner under the Act or the this Agreement.

Appears in 2 contracts

Samples: Limited Partnership Agreement (OCI Resources LP), Limited Partnership Agreement (OCI Resources LP)

Rights of Unadmitted Assignees. A Person who acquires one or more Interests or any portion of an Interest Limited Partner Interests, but who is not admitted as a Substituted Limited Partner pursuant to Section 9.7 hereof 8.7 hereof, shall be entitled only to allocations and distributions with respect to such Interest Interests in accordance with this Agreement, but shall have no right to any information or accounting of the affairs of the Partnership, shall not be entitled to inspect the books or records of the Partnership, and shall not have any of the rights of a General Partner or of a Limited Partner under the Act or the Agreement.

Appears in 2 contracts

Samples: Limited Partnership Agreement (Fossil Inc), Limited Partnership Agreement (Fossil Inc)

Rights of Unadmitted Assignees. A Person who acquires one or more Partnership Interests or any portion of an Interest but who is not admitted as a Substituted Limited Partner pursuant to Section 9.7 hereof 16.11 shall be entitled only to allocations and distributions with respect to such Interest Partnership Interests in accordance with this Agreement and, except as otherwise provided in this Agreement, but shall have no right to any information or accounting of the affairs of the Partnership, shall not be entitled to inspect the books or records of the Partnership, and shall not have any of the voting or other rights of a General Partner or of a Limited Partner under the Act or the this Agreement.

Appears in 1 contract

Samples: Limited Partnership Agreement (Inergy Pipeline East, LLC)

Rights of Unadmitted Assignees. A Person who acquires one or more Interests or any portion of an Interest but who is not admitted as a Substituted Limited substituted Partner pursuant to Section 9.7 10.4 hereof shall be entitled only to allocations and distributions with respect to such Interest Interests in accordance with this Agreement, but shall have no right to any information or accounting of the affairs of the Partnership, shall not be entitled to inspect the books or records of the Partnership, and shall not have any of the rights of a General Partner or of a Limited Partner under the Delaware Act or the this Agreement.

Appears in 1 contract

Samples: Limited Partnership Agreement (Jacob Leinenkugel Brewing Co., LLC)

Rights of Unadmitted Assignees. A Person who acquires one or more Interests or any portion of an Partnership Interest but who is not admitted as a Substituted Limited Partner pursuant to Section 9.7 14.5 hereof shall be entitled only to allocations and distributions with respect to such Interest interests in accordance with this Agreement, but shall have no right to any information or accounting of the affairs of the Partnership, shall not be entitled to inspect the books or records of the Partnership, and shall not have any of the rights of a General Partner or of a Limited Partner under the Delaware Act or the Agreement.

Appears in 1 contract

Samples: Limited Partnership Agreement (2420 Lakemont Avenue MM, LLC)

Rights of Unadmitted Assignees. A Person person who acquires one or more Interests or any portion of an Interest a Limited Partnership interest but who is not admitted as a Substituted Substitute Limited Partner pursuant to Section 9.7 11.3 hereof shall be entitled only to allocations and distributions with respect to such Interest interest in accordance with this Agreement, but shall have no right to any information or accounting of the affairs of the Partnership, shall not be entitled to inspect the books or records of the Partnership, and shall not have any of the rights of a General Partner general partner or of a Limited Partner limited partner under the Act TRLPA or the Agreement.

Appears in 1 contract

Samples: Agreement of Limited Partnership (Detroit Radio, LLC)

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Rights of Unadmitted Assignees. A Person who acquires one or more Interests or any portion of an a Partnership Interest but who is not admitted as a Substituted Limited Substitute Partner pursuant to Section 9.7 9.5 hereof shall be entitled only to allocations and distributions with respect to such Interest interests in accordance with this Agreement, . but shall have no right to any information or accounting of the affairs of the Partnership, shall not be entitled to inspect the books or records of the Partnership, and shall not have any of the rights of a General Partner or of a Limited Partner under the Act or the Agreement.

Appears in 1 contract

Samples: Limited Partnership Agreement (Physician Sales & Service, Inc.)

Rights of Unadmitted Assignees. A Person person who acquires one or more Interests or any portion of an a Partnership Interest but who is not admitted as a Substituted substituted Limited Partner pursuant to Section 9.7 hereof shall be entitled only to allocations and distributions with respect to such Partnership Interest in accordance with this Agreement, but and shall have no right to any information or accounting of the affairs of the Partnership, shall not be entitled to inspect the books or records of the Partnership, Partnership and shall otherwise not have any of the rights right of a General Partner or of a Limited Partner under the Act or the AgreementAct.

Appears in 1 contract

Samples: Limited Partnership Agreement (Environtech Inc.)

Rights of Unadmitted Assignees. A Person who acquires one or more Interests or any portion of an Interest but who is not admitted as a Substituted Limited substituted Partner pursuant to Section 9.7 hereof shall be entitled only to allocations and distributions with respect to such Interest in accordance with this Agreement, but and shall have no right to any information or accounting of the affairs of the Partnership, shall not be entitled to inspect the books or records of the Partnership, and shall not have any of the rights of a General Partner or of a Limited Partner under the Act or the this Agreement.

Appears in 1 contract

Samples: Limited Partnership Agreement (Marietta Surgical Center, Inc.)

Rights of Unadmitted Assignees. A Person who acquires one or more Interests or any portion of an a Partnership ------------------------------ Interest but who is not admitted as a Substituted Limited Substitute Partner pursuant to Section 9.7 9.5 hereof shall be entitled only to allocations and distributions with respect to such Interest interests in accordance with this Agreement, but shall have no right to any information or accounting of the affairs of the Partnership, shall not be entitled to inspect the books or records of the Partnership, and shall not have any of the rights of a General Partner or of a Limited Partner under the Act or the Agreement.

Appears in 1 contract

Samples: Limited Partnership Agreement (PSS Holding Inc)

Rights of Unadmitted Assignees. A Person who acquires one or more LP Interests or any portion of an Interest but who is not admitted as a Substituted substituted Limited Partner pursuant to Section 9.7 hereof 9.6 shall be entitled only to allocations and distributions with respect to such Interest LP Interests in accordance with this Agreement, but and shall have no right to any information or accounting of the affairs of the Partnership, shall not be entitled to inspect the books or records of the Partnership, and shall not have any of the rights of a General Partner or of a Limited Partner under the Act or the this Agreement.

Appears in 1 contract

Samples: Limited Partnership Agreement (Kinder Morgan Energy Partners L P)

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