Substitute General Partner. A transferee of the General Partner’s partnership interest which is transferred in accordance with the provisions of this Agreement shall be admitted to the Partnership as a general partner, effective as of the date of such Transfer. A successor to all of the partnership interest of the General Partner shall carry on the business of the Partnership without dissolution.
Appears in 8 contracts
Samples: Limited Partnership Agreement (Safeway Stores 42, Inc.), Limited Partnership Agreement (Safeway Stores 42, Inc.), Limited Partnership Agreement (Safeway Stores 42, Inc.)
Substitute General Partner. A transferee of any portion of the Partnership interest of the General Partner’s partnership interest which Partner that is transferred in accordance with the provisions of this Agreement shall will be admitted to the Partnership as a general partner, effective as of the date of such Transfer. A successor to all of the partnership Partnership interest of the General Partner shall must carry on the business of the Partnership without dissolution.
Appears in 2 contracts
Samples: Fourth (GPB Holdings II, LP), GPB Automotive Portfolio, LP
