Common use of Satisfactory Written Assignment Required Clause in Contracts

Satisfactory Written Assignment Required. Anything herein to the contrary notwithstanding, both the Partnership and the General Partner shall be entitled to treat the assignor of an Interest in the Partnership as the absolute owner thereof in all respects, and shall incur no liability for distributions made in good faith to such assignor, until such time as a written assignment that conforms to the requirements of this Article 8 has been received by, and accepted and recorded on the books of, the Partnership.

Satisfactory Written Assignment Required. Anything herein to the contrary notwithstanding, both the Partnership and the General Partner shall be entitled to treat the assignor of an Interest in the Partnership as the absolute owner thereof in all respects, and shall incur no liability for distributions made in good faith to such assignorthereof, until such time as a written assignment Assignment that conforms to the requirements of this Article 8 has been received by, and accepted by and recorded on the books of, and records of the Partnership.

Satisfactory Written Assignment Required. Anything herein to the contrary notwithstanding, both the Partnership and the General Partner shall be entitled to treat the assignor of an Interest in the Partnership as the absolute owner thereof in all respects, and shall incur no liability for distributions made in good faith to such assignorhim or her, until such time as a written assignment that conforms to the requirements of this Article 8 has been received by, and accepted and recorded on the books of, the Partnership.

Satisfactory Written Assignment Required. Anything herein to the contrary notwithstanding, both the Partnership and the General Partner shall be entitled to treat the assignor of an Interest in the Partnership as the absolute owner thereof in all respects, and shall incur no liability for distributions made in good faith to such assignor, respects until such time as a written assignment that conforms to the requirements of this Article 8 has been received by, by the Partnership and has been consented to and accepted and recorded on by the books of, the PartnershipGeneral Partner.